Zumper
modified
Updated 2 Hours Ago

Highlights

  • Pet Friendly
  • Centrally located
  • Updated kitchen
  • Large closet
  • Brand-new floors
  • Recently renovated unit
  • Very nice walk-in shower

Location

1204 Commercial St Ne, Salem, OR 97301, USA|Grant
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Contact

Management

Vallis Property Management LLC

Leasing office

(503) 569-9337

Property Overview

1204 Commercial St NE offers strong value with an overall Zumper Expert Rating of 8.4, highlighted by an excellent price rating, a strong location score, and solid amenities and trustworthiness. It features a centrally located setting along with an updated kitchen, brand-new floors, a large closet, a recently renovated unit, and a very nice walk-in shower, while also ranking well for value for money and being near a top-rated middle school.

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.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, 1204 Commercial St NE is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1204 Commercial St NE has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Middle school nearby

Floor plans

2BR/1.0BA2 bed1 bath597 sqft$1,095 /mo1 unit availableRecently updated 2-bed, 1-bath triplex unit in downtown Salem, Oregon. Includes shared on-site laundry room. Quick access to Commercial Street and MLK Jr. Parkway. 1 parking space included. *This unit will be privately managed by the property owners. Vallis Property Management is placing the tenant(s). Screening Fee: $65/person 18+ years of age Rent: $1,095.00 Deposit: $1,095.00 minimum Utilities: Tenant is responsible for electric and $65 water fee. Trash service included in rent. Lease: 1 year required Pets: Considered with additional pet rent and pet deposit. 2 max. Landscaping: Included in rent Renter's Insurance: Required* Please see our renting criteria on our website at http vallispm com rental-criteria All listing details are deemed to be reliable but not guaranteed. Information is subject to change without notice. Please check our website for more information. Licensed in the State of Oregon

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Amenities for 1204 Commercial St NE

Building

Cats OKDogs OK
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

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About 1204 Commercial St NE

HomeApartments in SalemGrant 1204 Commercial St NE

Recently updated 2-bed, 1-bath triplex unit in downtown Salem, Oregon. Includes shared on-site laundry room. Quick access to Commercial Street and MLK Jr. Parkway. 1 parking space included. *This unit will be privately managed by the property owners. Vallis Property Management is placing the tenant(s). Screening Fee: $65/person 18+ years of age Rent: $1,095.00 Deposit: $1,095.00 minimum Utilities: Tenant is responsible for electric and $65 water fee. Trash service included in rent. Lease: 1 year required Pets: Considered with additional pet rent and pet deposit. 2 max. Landscaping: Included in rent Renter's Insurance: Required* Please see our renting criteria on our website at http vallispm com rental-criteria All listing details are deemed to be reliable but not guaranteed. Information is subject to change without notice. Please check our website for more information. Licensed in the State of Oregon


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, 1204 Commercial St NE is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1204 Commercial St NE has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 1204 Commercial St NE
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.
1204 Commercial St NE 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·8A 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.
With multiple in-demand amenities, 1204 Commercial St NE is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1204 Commercial St NE 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 1204 Commercial St NE 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 1204 Commercial St NE compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 1 mile away

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Rent trends in Grant

2-bedroom apartments at 1204 Commercial St NE cost about 36% less than the average rent price for 2-bedroom apartments in Grant.

Median rents as of Aug 29 2026.
Grant
Salem
A table of 1-bedroom apartment rental data trends in Salem
MonthMedian Rent
September 2024$1,185
October 2024$1,196
November 2024$1,198
December 2024$1,196
January 2025$1,150
February 2025$1,156
March 2025$1,140
April 2025$1,100
May 2025$1,100
June 2025$1,137
July 2025$1,150
August 2025$1,150
September 2025$1,142
October 2025$1,150
November 2025$1,150
December 2025$1,130
January 2026$1,125
February 2026$1,142
March 2026$1,150
April 2026$1,137
May 2026$1,103
June 2026$1,097
July 2026$1,098
August 2026$1,105
A table of 1-bedroom apartment rental data trends in Grant
MonthMedian Rent
March 2025$1,100
May 2025$1,100
September 2025$1,095
October 2025$1,195
January 2026$1,195
February 2026$1,195
July 2026$1,195
August 2026$1,195

Affordability calculator

Can I afford to live at 1204 Commercial St Ne?

Bedrooms

2 bedrooms

Rent-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 1204 Commercial St NE

Grant Community School

725 market st ne

salem, OR, 97301

K-5Public
B-

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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Getting around Salem near 1204 Commercial St Ne

Walking

6/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 1204 Commercial St Ne, Salem

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

7/10
At least one high school within a 15-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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