2 Days Ago
Location
5423 Monterey Dr Se, Salem, OR 97306, USA|South Gateway
Tour 5423 Monterey Dr Se
Contact
Premium Property Management, Inc.
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Amenities for 5423 Monterey Dr Se, South Gateway
Features
| Air Conditioning |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Range | Refrigerator |
Community
| Two Car Garage with Opener |
Grounds
| Garage Parking |
Other
| Gas Hot Water |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 5423 Monterey Dr Se
This three bedroom, two bath home is located in South Salem in Sunset Meadows. Features include AC, and efficient F/A gas furnace and gas hot water. Kitchen appliances include range, microwave, dishwasher, disposal and fridge. Master bedroom has a walk-in closet. Spacious laundry/utility room. Two car garage with opener. French doors off dining area lead to deck overlooking large, fully fenced yard. Tenant pays all utilities & Grounds Minimum one year lease No Pets allowed No smoking Schools - Lee Elem., Judson MS, South Salem HS NEXT STEP: Call 503-585-2266, to set up a showing of this rental. ________________________________________________ ~Tenant pays all utilities, unless stated above. ~All properties prohibit pets, unless stated above. ~If the property allowed a pet, AND the pet is approved; the refundable security deposit will be increased $500 per pet. Pet rent will be $35 per month, per pet. An additional pet addendum will be signed. ~Renter's liability insurance is required ($300,000 in coverage). Please review our Rental Application Disclosures for details and exceptions. ~All properties are non-smoking. ~Images may be representative of the property. Floor plans, contents and decor can change over time. ~Square footage is approximate.
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 5423 Monterey Dr Se compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | South Gateway |
|---|---|
| Zip code | 97306 |
| Type | House for rent |
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Rent trends in South Gateway
3-bedroom apartments at 5423 Monterey Dr Se cost about 3% less than the average rent price for 3-bedroom apartments in Salem.
Median rents as of May 16 2026.
South Gateway
Salem
| Month | Median Rent |
|---|---|
| June 2024 | $2,083 |
| July 2024 | $2,154 |
| August 2024 | $2,162 |
| September 2024 | $2,162 |
| October 2024 | $2,146 |
| November 2024 | $2,133 |
| December 2024 | $2,202 |
| January 2025 | $2,173 |
| February 2025 | $2,120 |
| March 2025 | $2,087 |
| April 2025 | $2,183 |
| May 2025 | $2,196 |
| June 2025 | $2,195 |
| July 2025 | $2,172 |
| August 2025 | $2,097 |
| September 2025 | $2,120 |
| October 2025 | $2,097 |
| November 2025 | $2,070 |
| December 2025 | $2,095 |
| January 2026 | $2,095 |
| February 2026 | $2,080 |
| March 2026 | $2,095 |
| April 2026 | $2,097 |
| May 2026 | $2,131 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,036 |
| July 2024 | $2,220 |
| August 2024 | $2,223 |
| September 2024 | $2,168 |
| October 2024 | $2,199 |
| November 2024 | $2,178 |
| December 2024 | $2,213 |
| January 2025 | $2,246 |
| February 2025 | $2,171 |
| March 2025 | $2,066 |
| April 2025 | $2,122 |
| May 2025 | $2,135 |
| June 2025 | $1,920 |
| July 2025 | $1,991 |
| August 2025 | $2,138 |
| September 2025 | $2,135 |
| October 2025 | $2,195 |
| November 2025 | $2,300 |
| December 2025 | $2,330 |
| January 2026 | $2,292 |
| February 2026 | $2,151 |
| March 2026 | $2,203 |
| April 2026 | $2,242 |
| May 2026 | $2,355 |
Affordability calculator
Can I afford to live at 5423 Monterey Dr Se?
Bedrooms
3 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
$91,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 3-bedrooms monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.
Schools near 5423 Monterey Dr Se
Lee Elementary School
5650 venice st se
salem, OR, 97306
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 5423 Monterey Dr Se
Neighborhood
South Gateway | Salem, OR
Getting around Salem near 5423 Monterey Dr Se
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5423 Monterey Dr Se, Salem
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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