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Updated 18 minutes ago

River Valley Terrace

VERIFIED

640-648 River Valley Dr NW Salem, OR

2 Bed
•
2 Bath

968 Sq. Ft.

Available Now
Floor plans
2 Beds • 2 Bath
$1,450
968 ft2
2 Available
Managed By: Homestead Property Management
646 - 316
$1,450
Available Now
View
648 - 118
$1,450
Available Now
View
View Rented Units
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3 Beds • 2 Bath
$1,500 - $1,550
1100 ft2
0 Available
Managed By: Homestead Property Management
644 - 312
$1,500
Rented
View
644 - 112
$1,500
Rented
View
644 - 212
$1,500
Rented
View
644 - 109
$1,500
Rented
View
644 - 209
$1,550
Rented
View
3 Beds • 2 Bath
$1,795
1100 ft2
0 Available
Managed By: Shelter Management Inc.
644-109
$1,795
Rented
View
644-212
$1,795
Rented
View
644 River Valley Drive NW, #109
$1,795
Rented
View
644 River Valley Drive NW, #212
$1,795
Rented
View
Where you'll live
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River Valley Terrace
River Valley Terrace
River Valley Terrace
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $1,450
Property details
Additional Details
Total Unit Count: 60
Last Updated: Updated 18 minutes ago
Contact Number: (971) 273-5125 ext: 5
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Photos Floor Plans
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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 River Valley Terrace by bedroom type below.
2 Bedroom
Suggested income:
$52,200
per year
Rent report

River Valley Terrace Rent vs. Salem Average

 River Valley Terrace      Salem Average
2BR
$1,450
$1,481
$0
$500
$1,000
$1,500
$2,000

River Valley Terrace is asking 2% less than the average 2 bedroom apartment in Salem.

If you upsized to an average priced Salem 3 bedroom apartment, you would pay 28% more per month.

If you downsized to an average priced Salem 1 bedroom apartment, you would pay 18% less per month.

River Valley Terrace provides 3% more square footage than the average Salem 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
River Valley Terrace
2BR $1,450 $1.50 $4,350
Salem Average
Studio $1,259 $3.10 $3,777
1BR $1,251 $1.90 $3,754
2BR $1,481 $1.60 $4,442
3BR $2,050 $1.60 $6,151
4BR $2,906 $1.40 $8,719

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 428 2BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
3% 25% 60% 11% 2%
Available Units in Salem
Studio 18
1BR 177
2BR 428
3BR 81
4BR 13
Location
Nearby Colleges

Willamette University

Chemeketa Community College

Nearby Hospitals
Name Distance
Salem Hospital 2.05 mi.
Oregon State Hospital Salem 2.69 mi.
West Valley Hospital 12.94 mi.
Nearby Fire Stations
Name Distance
Marion Fire/Ems 1.47 mi.
Salem Fire & Ems Department 1.47 mi.
Salem Fire Department 1.6 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 968 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units starts at $1,450. River Valley Terrace has 2 bedroom units available starting at $1,450.
Where is this property located?
This property is at 640-648 River Valley Dr NW in Salem, OR. It's 1.7 miles northwest from the center of Salem.
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