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This property shines with a Zumper expert rating of 9.2, reflecting its appeal to renters. It offers exceptional amenities and competitive pricing, earning perfect scores in both categories, while maintaining a strong location rating of 9 out of 10. Notable features, such as modern appliances and a fenced patio, enhance its attractiveness, complemented by nearby top-rated educational options within walking distance.
Things you’ll love
Elementary school nearby| 2x1 | 2 bed | 1 bath | $1,195 /mo | 1 unit available | This remodeled triplex unit features a fenced patio, W/D hookups, built-in A/C unit, luxury vinyl plank flooring, modern appliances, carport parking and W/S/G included. DISCLOSURES: *THE FOLLOWING INFORMATION IS SUBJECT TO CHANGE PRIOR TO EXECUTION OF RENTAL AGREEMENT RENT: The following are MAXIMUM amounts. The actual amounts charged will depend on the unit size, screening results and other factors. Unit Rent: Two Bdrm: $1,195-$1,245 DEPOSITS: Security Deposit MINIMUM: $900 Security Deposit MAXIMUM: $1,800 (Depends on screening results and unit size) _____________________________________________________________________________________ RENTERS & LIABILITY INSURANCE: A Renters and Liability Insurance policy with SMI Property Management listed as an interested party, is required to be provided at the commencement of the lease/rental agreement and is to be maintained throughout the term of the tenancy in the amount of $100,000. No insurance will be required if: A) The household income of all of the tenants in the unit is equal to or less than fifty percent of the area median income, adjusted for family size as measured up to a five-person family; or B) If the dwelling unit has been subsidized with public funds, not including housing choice vouchers. _____________________________________________________________________________________ GOOD FAITH ESTIMATE: See listing of all available units at: https www smiproperty com vacancies Approximate number of units currently available, or which will in the foreseeable future be available, of the size and in the area requested by applicant:______ unit(s). Approximate number of applications previously accepted and currently under consideration for those units:______ application(s). If the blanks above are not filled in, then there is at least one unit available and there are no applications ahead of yours currently under consideration. Interior photos may not represent the actual unit. Apply Now |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Built-In A/C Unit |
| Luxury Vinyl Plank Flooring | Patio |
| W/S/G Included | Washer/Dryer Hookups |
Appliances
| Dishwasher | Range |
| Refrigerator | Stove |
Grounds
| Carport Parking | Fenced Patio |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 3 |
|---|
This remodeled triplex unit features a fenced patio, W/D hookups, built-in A/C unit, luxury vinyl plank flooring, modern appliances, carport parking and W/S/G included. DISCLOSURES: *THE FOLLOWING INFORMATION IS SUBJECT TO CHANGE PRIOR TO EXECUTION OF RENTAL AGREEMENT RENT: The following are MAXIMUM amounts. The actual amounts charged will depend on the unit size, screening results and other factors. Unit Rent: Two Bdrm: $1,195-$1,245 DEPOSITS: Security Deposit MINIMUM: $900 Security Deposit MAXIMUM: $1,800 (Depends on screening results and unit size) _____________________________________________________________________________________ RENTERS & LIABILITY INSURANCE: A Renters and Liability Insurance policy with SMI Property Management listed as an interested party, is required to be provided at the commencement of the lease/rental agreement and is to be maintained throughout the term of the tenancy in the amount of $100,000. No insurance will be required if: A) The household income of all of the tenants in the unit is equal to or less than fifty percent of the area median income, adjusted for family size as measured up to a five-person family; or B) If the dwelling unit has been subsidized with public funds, not including housing choice vouchers. _____________________________________________________________________________________ GOOD FAITH ESTIMATE: See listing of all available units at: https www smiproperty com vacancies Approximate number of units currently available, or which will in the foreseeable future be available, of the size and in the area requested by applicant:______ unit(s). Approximate number of applications previously accepted and currently under consideration for those units:______ application(s). If the blanks above are not filled in, then there is at least one unit available and there are no applications ahead of yours currently under consideration. Interior photos may not represent the actual unit. Apply Now
How 197 compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 197 cost about 14% less than the average rent price for 2-bedroom apartments in Northeast Neighbors.
| Month | Median Rent |
|---|---|
| February 2024 | $1,100 |
| March 2024 | $1,112 |
| April 2024 | $1,194 |
| May 2024 | $1,142 |
| June 2024 | $1,145 |
| July 2024 | $1,159 |
| August 2024 | $1,147 |
| September 2024 | $1,161 |
| October 2024 | $1,134 |
| November 2024 | $1,177 |
| December 2024 | $1,213 |
| January 2025 | $1,053 |
| February 2025 | $1,148 |
| March 2025 | $1,114 |
| April 2025 | $893 |
| May 2025 | $1,031 |
| June 2025 | $1,086 |
| July 2025 | $1,143 |
| August 2025 | $1,214 |
| September 2025 | $1,214 |
| October 2025 | $1,082 |
| November 2025 | $1,080 |
| December 2025 | $1,015 |
| January 2026 | $995 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,075 |
Can I afford to live at Salem #797 & 799 15th Street Ne?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$47,800/yr
Northeast Neighbors | Salem, OR
Four Corners • 178 Lancaster Dr Se
1–2 Beds
$1,395–$1,495
South Salem • 1055 Schurman Dr S
1 Bed
$1,395
Morningside • 1510 1510, 1520, 1530,1540,1550,1560 23rd Street SE
1–2 Beds
$1,350–$1,475
Four Corners • 178 Lancaster Dr Se
1–2 Beds
$1,395–$1,495
South Salem • 1055 Schurman Dr S
1 Bed
$1,395
Morningside • 1510 1510, 1520, 1530,1540,1550,1560 23rd Street SE
1–2 Beds
$1,350–$1,475
