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Updated 19 minutes ago

Wallace Park Apartments


540 Wallace Rd NW Salem, OR

2 Bed
•
1 - 2 Bath

986 - 1,100 Sq. Ft.

Available Now
Floor plans
2 Beds • 1 Bath
$1,425
986 ft2
1 Available
Managed By: Invest West Management, Llc
Unit 100
$1,425
Available Now
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View Rented Units
2 Beds • 2 Bath
$1,450 - $1,495
1100 ft2
2 Available
Managed By: Invest West Management, Llc
SECLUDED WALLACE PARK APARTMENTS
$1,450
Available Now
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Unit 103
$1,495
Available Now
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View Rented Units
3 Beds • 2 Bath
$1,550 - $1,600
1132 ft2
0 Available
Managed By: Invest West Management, Llc
Unit 211
$1,600
Rented
View
Unit 108
$1,550
Rented
View
Unit 212
$1,550
Rented
View
Unit 231
$1,550
Rented
View
Unit 109
$1,600
Rented
View
Unit 111
$1,550
Rented
View
Where you'll live
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Wallace Park Apartments
Wallace Park Apartments
Wallace Park Apartments
Location ratings
Walk Score®
71
Very Walkable
Transit Score®
50
Good Transit
Bike Score®
84
Very Bikeable
Amenities
On-site Laundry
Fitness Center
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: $600
Property details
Description

Wallace Park Apartments
(503) 588-2996
Wallace Park Apartments in Salem, OR offers a convenient living experience in the Wallace Park area. Each apartment includes a practical living/dining/kitchen layout, carpet and vinyl flooring, and a kitchen equipped with a range, refrigerator, dishwasher, and garbage disposal. Added conveniences include W/D hookups, an on-site coin-operated laundry room, electric wall heaters, and available carports. Water, sewer, and garbage are included in the rent. Renter’s insurance is required, and smoking is not permitted within 40 feet of any building on the property.

Additional Details
Last Updated: Updated 19 minutes ago
Contact Number: (503) 588-2996
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Photos Floor Plans Amenities
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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 Wallace Park Apartments by bedroom type below.
2 Bedroom
Suggested income:
$51,700
per year
Rent report

Wallace Park Apartments Rent vs. Salem Average

 Wallace Park Apartments      Salem Average
2BR
$1,438
$1,503
$0
$500
$1,000
$1,500
$2,000

Wallace Park Apartments is asking 4% less than the average 2 bedroom apartment in Salem.

If you upsized to an average priced Salem 3 bedroom apartment, you would pay 27% more per month.

If you downsized to an average priced Salem 1 bedroom apartment, you would pay 20% less per month.

Wallace Park Apartments provides 12% more square footage than the average Salem 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Wallace Park Apartments
2BR $1,438 $1.40 $4,313
Salem Average
Studio $1,158 $3.30 $3,473
1BR $1,250 $1.90 $3,749
2BR $1,503 $1.60 $4,508
3BR $2,066 $1.60 $6,198
4BR $2,514 $1.30 $7,543

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 506 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% 24% 57% 15% 1%
Available Units in Salem
Studio 23
1BR 217
2BR 506
3BR 137
4BR 7
Location
Nearby Colleges

Willamette University

Chemeketa Community College

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 range from 986 to 1,100 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 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,425 to $1,450. Wallace Park Apartments has 2 bedroom units available starting at $1,425.
Where is this property located?
This property is at 540 Wallace Rd NW in Salem, OR. It's 1.0 miles northwest from the center of Salem.
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