4 Days Ago
Highlights
- Onsite laundry facilities
- Everyday conveniences
Location
401 Madrona Ave Se #05, Salem, OR 97302, USA|Morningside
Tour 401 Madrona Ave Se #05
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Place 2B Properties
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 401 Madrona Ave Se #05
LIMITED TIME RENT SPECIAL: $99 deposit on approved credit- ✨ Stunningly Updated 2-Bedroom Apartment – Move-In Ready! ✨ Step into comfort and style with this beautifully updated 2 Bedroom, 1 Bath apartment offering approximately 1,000 sq. ft. of thoughtfully designed living space. Located on the second level, this home blends modern finishes with a functional layout perfect for both relaxing and entertaining. You can relax knowing that your needs are met with onsite laundry facilities. Plus, enjoy being just minutes away from markets, shopping centers, dining, and everyday conveniences — everything you need is right around the corner! Call our leasing team today! 503-362-0030
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 401 Madrona Ave Se, Salem, OR 97302, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- More space
- The 2-bedroom is 110 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Neighborhood | Morningside |
|---|---|
| Zip code | 97302 |
| Type | Apartment for rent |
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Rent trends in Morningside
2-bedroom apartments at 401 Madrona Ave Se #05 cost about 5% less than the average rent price for 2-bedroom apartments in Salem.
Median rents as of May 30 2026.
Morningside
Salem
| Month | Median Rent |
|---|---|
| June 2024 | $1,442 |
| July 2024 | $1,462 |
| August 2024 | $1,438 |
| September 2024 | $1,460 |
| October 2024 | $1,451 |
| November 2024 | $1,451 |
| December 2024 | $1,430 |
| January 2025 | $1,411 |
| February 2025 | $1,403 |
| March 2025 | $1,413 |
| April 2025 | $1,386 |
| May 2025 | $1,396 |
| June 2025 | $1,396 |
| July 2025 | $1,395 |
| August 2025 | $1,397 |
| September 2025 | $1,399 |
| October 2025 | $1,397 |
| November 2025 | $1,404 |
| December 2025 | $1,413 |
| January 2026 | $1,410 |
| February 2026 | $1,447 |
| March 2026 | $1,418 |
| April 2026 | $1,397 |
| May 2026 | $1,395 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,331 |
| July 2024 | $1,292 |
| August 2024 | $1,354 |
| September 2024 | $1,323 |
| October 2024 | $1,295 |
| November 2024 | $1,295 |
| December 2024 | $1,289 |
| January 2025 | $1,272 |
| February 2025 | $1,370 |
| March 2025 | $1,384 |
| April 2025 | $1,334 |
| May 2025 | $1,379 |
| June 2025 | $1,372 |
| July 2025 | $1,346 |
| August 2025 | $1,328 |
| September 2025 | $1,317 |
| October 2025 | $1,344 |
| November 2025 | $1,335 |
| December 2025 | $1,295 |
| January 2026 | $1,311 |
| February 2026 | $1,363 |
| March 2026 | $1,381 |
| April 2026 | $1,392 |
| May 2026 | $1,395 |
Affordability calculator
Can I afford to live at 401 Madrona Ave Se #05?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$53,160/yr
With your selected rent-to-income ratio, you'd ideally want to make $53,160 annually to afford this 2-bedrooms monthly rent price of $1,329.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 2 months ago | $1,395 | 2 bed | 1 bath | ||
| 1 year ago | $1,450 | 2 bed | 1 bath | ||
| 2 years ago | $1,395 | 2 bed | 1 bath | ||
| 5 years ago | $1,095 | 2 bed | 1 bath | ||
| 6 years ago | $1,095 | 2 bed | 1 bath |
Schools near 401 Madrona Ave Se #05
Salem Heights Elementary School
3495 liberty rd s
salem, OR, 97302
K-5Public
C+
Oregon School for the Deaf
999-a locust st ne
salem, OR, 97303
K-12Public
North Santiam Options Academy
757 w locust st
stayton, OR, 97383
K-12Public
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Internet available near 401 Madrona Ave Se #05
Getting around Salem near 401 Madrona Ave Se #05
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 401 Madrona Ave Se #05, Salem
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Explore the area around 401 Madrona Ave Se #05
Fred Meyer
3450 Commercial St SE
Roth's Fresh Markets
3045 Commercial St SE
Grocery Outlet
3975 Commercial St SE
Natural Grocers
4250 Commercial St SE
Roth's Fresh Market
4555 Liberty Rd S
Courtwear Custom Screen Printing
3349 Commercial St SE
Capital Couture
3335 Commercial St SE
Fish Cute
401 Ratcliff Dr SE
Jane Doe Boutique LLC
2990 Pringle Rd SE
Wear It By Whitney
1820 Commercial St SE
Starbucks
3450 Commercial St SE
Brotherhood Coffee Shop
3514 Commercial St SE
Starbucks
3195 Commercial St SE
Starbucks
3904 Commercial St SE
Espresso Road
3912 Commercial St SE
Lil Sammies
3404 Commercial St SE
Hong Kong House
3583 Commercial St SE
Thompson's Brewery
3575 Liberty Rd S
Half Penny Public House
3743 Commercial St SE
Lucky's Pub on Liberty
3195 Liberty Rd S
Great Harvest Bread
3405 Commercial St SE
Bakingbadass.com
4337 Liberty Rd S
Pure Decadence Pastries
4740 Liberty Rd S
12th Street Market
1695 12th St SE
Fitts Seafoods
1555 12th St SE
Gracemont Park
Playground
Hillview Park
Clark Creek Park
Playground
Ibendoo Ramen
3405 Commercial St SE
Momiji Japanese Restaurant
3411 Commercial St SE
Momji Japanese Restaurant
3411 Commercial St SE
Simply Pho
3405 Commercial St SE
Taco Bell
3455 Commercial St SE
Madrona / Neef
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Madrona / Halifax
12th / Liberty, 12th / Liberty
Madrona / Halifax
12th / Liberty, 12th / Liberty
Commercial / Madrona
South Commercial
Other units at this address
401 Madrona Ave Se, Salem, OR
401 Madrona Ave Se Salem, OR
Occupied
5
2 Beds
1 Bath
$895
Occupied
4
2 Beds
1 Bath
$1,395
On-Site Laundry
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