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Updated 3 hours ago

Greystone Terrace Apartments


5314 5324 5334 5344 Skyline Rd S Salem, OR

1 Bed
•
1 Bath

720 Sq. Ft.

Available starting Mar. 13th
Floor plans
1 Bed • 1 Bath
$1,295
720 ft2
1 Available
Managed By: Valley First Property Management, LLC
5344-101
$1,295
Available Mar 13th, 2026
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Greystone Terrace Apartments
Greystone Terrace Apartments
Greystone Terrace Apartments
Fees & leasing info
Lease & Fees
Security Deposit: $900
Property details
Description

Welcome to Greystone Terrace Apartments, your new home in the heart of Salem, OR. Our 1-bedroom 1-bathroom apartments offer a range of amenities designed to enhance your living experience. Enjoy the convenience of an on-site laundry room, saving you time and effort on those busy days. Each apartment also comes with washer/dryer hook-ups, providing you with the option to do your laundry in the comfort of your own home. Each unit has its own balcony/patio, and an assigned parking space. Come and discover the comfort and convenience of living at Greystone Terrace Apartments.

Additional Details
Total Unit Count: 33
Last Updated: Updated 3 hours ago
Contact Number: (503) 694-9280
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
Radiate Holdings, LP 250.0 20.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 100.0 3.0
Adaptive Broadband 50.0 50.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Greystone Terrace Apartments by bedroom type below.
1 Bedroom
Suggested income:
$46,600
per year
Rent report

Greystone Terrace Apartments Rent vs. Salem Average

 Greystone Terrace Apartments      Salem Average
1BR
$1,295
$1,294
$0
$450
$900
$1,350
$1,800

Greystone Terrace Apartments is asking 0% more than the average 1 bedroom apartment in Salem.

If you upsized to an average priced Salem 2 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Salem studio apartment, you would pay 11% less per month.

Greystone Terrace Apartments provides 12% more square footage than the average Salem 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Greystone Terrace Apartments
1BR $1,295 $1.80 $3,885
Salem Average
Studio $1,162 $2.70 $3,487
1BR $1,294 $2.00 $3,883
2BR $1,548 $1.70 $4,644
3BR $2,110 $1.70 $6,329
4BR $2,731 $1.40 $8,192

Availability in Salem

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 476 2BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 25% 55% 14% 1%
Available Units in Salem
Studio 34
1BR 215
2BR 476
3BR 124
4BR 8
Location
Nearby Colleges

Willamette University

Chemeketa Community College

Western Oregon University

Nearby Hospitals
Name Distance
Salem Hospital 4.21 mi.
Oregon State Hospital Salem 5.36 mi.
West Valley Hospital 11.91 mi.
Nearby Fire Stations
Name Distance
Salem Fire Department 4.42 mi.
Marion Fire/Ems 4.72 mi.
Salem Fire & Ems Department 4.72 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on March 13, 2026.
What's the square footage of the available units?
It's 720 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Greystone Terrace Apartments has a 1 bedroom unit starting at $1,295.
Where is this property located?
This property is at 5314 5324 5334 5344 Skyline Rd S in Salem, OR. It's 4.8 miles southwest from the center of Salem.
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