5+ Days Ago
Location
650 Mill Street, Springfield, Oregon 97477, United States
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Property Overview
Springwood Terrace shines with a Zumper expert rating of 8.6, highlighting its appeal for renters. With a perfect price rating of 10 out of 10 and an amenities rating of 9, it offers a competitive balance of value and a range of attractive features, including an on-site laundry facility. Moreover, its location benefits from close proximity to a top-rated middle school and provides easy access to key community spots, ensuring an enhanced quality of life.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Less expensive
- High school nearby
Floor plans
| Springwood Terrace - 19 | 2 bed | 1 bath | $1,095 /mo |
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Amenities for Springwood Terrace
Apartment Amenities
| Trash Included | Utilities/Sewer |
| 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
Application Fee
One-time. Agent application fee.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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About Springwood Terrace
Springwood Terrace cost $1,095 per month. Located at 650 Mill Street, Springfield, Oregon 97477, United States, Springwood Terrace has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Springfield, renting an apartment at Springwood Terrace is 22% cheaper per month.Other apartment buildings in or around Springfield include but are not limited to: 979 Patterson Street, 361 East 14th Alley, 1460 Olive Street
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, Springwood Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Springwood Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Springwood Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Springwood Terrace goes above and beyond to provide sought-after conveniences and desirable perks, including trash included. Renters looking for popular or luxurious features will find them here—and for that reason, Springwood Terrace receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Springwood Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Springwood Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 Springwood Terrace compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Springfield
2-bedroom apartments at Springwood Terrace cost about 22% less than the average rent price for 2-bedroom apartments in Springfield.
Median rents as of Aug 16 2025.
Springfield
| Month | Median Rent |
|---|---|
| December 2023 | $795 |
| January 2024 | $909 |
| February 2024 | $884 |
| March 2024 | $1,048 |
| April 2024 | $1,022 |
| May 2024 | $985 |
| June 2024 | $1,107 |
| July 2024 | $950 |
| August 2024 | $950 |
| September 2024 | $1,292 |
| October 2024 | $1,210 |
| November 2024 | $795 |
| January 2025 | $884 |
| February 2025 | $923 |
| March 2025 | $1,052 |
| April 2025 | $903 |
| May 2025 | $850 |
| June 2025 | $870 |
| July 2025 | $1,075 |
| August 2025 | $1,095 |
Affordability calculator
Can I afford to live at 650 Mill Street?
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
$43,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this 2-bedrooms monthly rent price of $1,095.
For more information on rent affordability, visit our rent calculator.
Schools near Springwood Terrace
Centennial Elementary School
1315 aspen st
springfield, OR, 97477
K-5Public
C
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Internet available near Springwood Terrace
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Springfield near 650 Mill Street
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 650 Mill Street, Springfield
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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