23 Hours Ago
Highlights
- On site management
- Spacious grounds
- Off street parking
- Updated kitchen
- Non smoking unit/dwelling
Location
2321 Salem Ave Se, Albany, OR 97321, USA
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Property Overview
Waverly Lakes offers a well-rounded living experience with its notable features, including on-site management, spacious grounds, off-street parking, and updated kitchen facilities. The property has received a favorable expert rating, highlighting its strong community management and desirable amenities. Residents can enjoy a smoke-free environment, contributing to a healthy living atmosphere.
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
Elementary school nearby- Laundry available on site
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 750 sqft | $1,295 /mo | 1 unit available | 2 Bedroom / 1 Bathroom Apartment Unit at Waverly Lakes! -Smaller Complex -Off Street Parking -Ground Level -Spacious Grounds Apply online: ManagedByCascade. com RENTAL TERMS: Owner Pays Water, Sewer & Garbage Resident Pays Other Utilities Owner Maintains Landscaping Non Smoking Unit/Dwelling One Year Lease Required PET TERMS: Two Allowed (35 Pounds or Less) Additional Deposit Required Management Approval Required Some Breeds Not Accepted |
Let's explore this property.
Amenities for Waverly Lakes
Appliances
| Range | Refrigerator |
Building
| Laundry Room On-site | Onsite Laundry |
| Water/Sewer |
Services
| Garbage |
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
Contact for more information on pet policy.
Building details
Property details
| Units | 18 |
|---|
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About Waverly Lakes
2 Bedroom / 1 Bathroom Apartment Unit at Waverly Lakes! -Smaller Complex -Off Street Parking -Ground Level -Spacious Grounds Apply online: ManagedByCascade. com RENTAL TERMS: Owner Pays Water, Sewer & Garbage Resident Pays Other Utilities Owner Maintains Landscaping Non Smoking Unit/Dwelling One Year Lease Required PET TERMS: Two Allowed (35 Pounds or Less) Additional Deposit Required Management Approval Required Some Breeds Not Accepted
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, Waverly Lakes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Waverly Lakes 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.
Waverly Lakes 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.
Waverly Lakes goes above and beyond to provide sought-after conveniences and desirable perks, including garbage. Renters looking for popular or luxurious features will find them here—and for that reason, Waverly Lakes 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.
Waverly Lakes 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 Waverly Lakes does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Waverly Lakes provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 Waverly Lakes compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Albany
2-bedroom apartments at Waverly Lakes cost about 16% less than the average rent price for 2-bedroom apartments in Albany.
Median rents as of Aug 16 2025.
Albany
| Month | Median Rent |
|---|---|
| October 2023 | $1,382 |
| November 2023 | $1,250 |
| December 2023 | $1,171 |
| January 2024 | $1,095 |
| February 2024 | $1,041 |
| March 2024 | $1,178 |
| April 2024 | $1,387 |
| May 2024 | $1,445 |
| June 2024 | $1,269 |
| July 2024 | $1,420 |
| August 2024 | $1,386 |
| September 2024 | $1,397 |
| October 2024 | $1,401 |
| November 2024 | $1,326 |
| December 2024 | $1,145 |
| January 2025 | $1,220 |
| February 2025 | $1,043 |
| March 2025 | $1,078 |
| April 2025 | $1,041 |
| May 2025 | $1,086 |
| July 2025 | $897 |
| August 2025 | $990 |
Affordability calculator
Can I afford to live at 2321 Salem Ave Se?
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
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 2-bedrooms monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.
Schools near Waverly Lakes
Waverly Elementary School
425 columbus st se
albany, OR, 97321
K-5Public
C
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Internet available near Waverly Lakes
Getting around Albany near 2321 Salem Ave Se
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 2321 Salem Ave Se, Albany
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Nightlife
4/10
Few or no bars within walking distance
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