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Redwood & Waverly Square Apartment Homes earns a strong overall impression with excellent value, standout amenities, and a highly convenient location. It also offers useful features like a dishwasher, private patio or balcony, garages available, washer/dryer hookups, a smoke-free community, and a washer/dryer set, along with 49 photos and strong value per square foot.
Things you’ll love
More spaceExtra storageImages AvailableGreat for
Pet owners| 2x1 Redwood | 2 bed | 1 bath | 850 sqft | $1,400 /mo | 2 units available | Apply Now Redwood Square Apartments are perfectly situated in the heart of town, less than one mile from dining, shopping, entertainment, and Lexington Park. Our welcoming community is professionally cared for by a responsive staff who are dedicated to making this community the ideal place for you to call home. Our spacious floor plan includes washer/dryer hookups, dishwasher, private patio/balcony with an enjoyable view of the beautifully landscaped property, exterior storage closet, and an assigned carport parking space. Garages are also available to rent, inquire for availability. Up to 2 pets welcome with a total combined weight limit of 40 lbs. Must be at least 1 year old, spayed/neutered, and up-to-date on all vaccinations. Additional security deposit and monthly pet rent required. This is a breathe easy smoke-free community. 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: $1,400-$1,450 Utility Bill-Back Charge: $60 Pet Rent: $25 Garage: $100 DEPOSITS: Security Deposit MINIMUM: $1,050 Security Deposit MAXIMUM: $2,100 (Depends on screening results and unit size) Additional Security Deposit For Having a Pet: $350 Security Deposit For Garage: $50 _____________________________________________________________________________________ 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. Move-in concessions, when offered, are limited to eligible rent charges owed by the resident and exclude all other amounts due under the lease. Interior photos may not represent the actual unit. | |
| 2x1 Waverly | 2 bed | 1 bath | 850 sqft | $1,400 /mo | 3 units available | Apply Now Waverly Square Apartments are perfectly situated in the heart of town, less than one mile from dining, shopping, entertainment, and Lexington Park. Our welcoming community is professionally cared for by a responsive staff who are dedicated to making this community the ideal place for you to call home. Our spacious floor plan includes washer/dryer hookups, dishwasher, private patio/balcony with an enjoyable view of the beautifully landscaped property, exterior storage closet, and an assigned carport parking space. Up to 2 pets welcome with a total combined weight limit of 40 lbs. Must be at least 1 year old, spayed/neutered, and up-to-date on all vaccinations. Additional security deposit and monthly pet rent required. This is a breathe easy smoke-free community. 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: $1,400-$1,450 Utility Bill-Back Charge: $60 Pet Rent: $25 DEPOSITS: Security Deposit MINIMUM: $1,050 Security Deposit MAXIMUM: $2,100 (Depends on screening results and unit size) Additional Security Deposit For Having a Pet: $350 _____________________________________________________________________________________ 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. Move-in concessions, when offered, are limited to eligible rent charges owed by the resident and exclude all other amounts due under the lease. Interior photos may not represent the actual unit. | |
| 3x2 Redwood | 3 bed | 2 bath | 1,067 sqft | $1,700 /mo | 1 unit available | Apply Now Redwood Square Apartments are perfectly situated in the heart of town, less than one mile from dining, shopping, entertainment, and Lexington Park. Our welcoming community is professionally cared for by a responsive staff who are dedicated to making this community the ideal place for you to call home. Our spacious floor plan includes washer/dryer hookups, dishwasher, private patio/balcony with an enjoyable view of the beautifully landscaped property, exterior storage closet, and an assigned carport parking space. Garages are also available to rent, inquire for availability. Up to 2 pets welcome with a total combined weight limit of 40 lbs. Must be at least 1 year old, spayed/neutered, and up-to-date on all vaccinations. Additional security deposit and monthly pet rent required. This is a breathe easy smoke-free community. 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: Three Bdrm: $1,700-$1,750 Utility Bill-Back Charge: $70 Pet Rent: $25 Garage Rent: $100 DEPOSITS: Security Deposit MINIMUM: $1,250 Security Deposit MAXIMUM: $2,500 (Depends on screening results and unit size) Additional Security Deposit For Having a Pet: $350 Security Deposit For Garage: $50 _____________________________________________________________________________________ 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. Move-in concessions, when offered, are limited to eligible rent charges owed by the resident and exclude all other amounts due under the lease. Interior photos may not represent the actual unit. |
Let's explore this property.
Apartment Amenities
| Balcony | Patio |
| Washer/Dryer Hookups |
Appliances
| Dishwasher | Range |
| Refrigerator | Stove |
Building
| Breathe Easy Smoke Free Community | Cats OK |
| Dogs OK | Onsite Laundry |
Grounds
| Assigned Carport Parking | Professionally Landscaped Grounds |
| Storage |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 138 |
|---|
Redwood & Waverly Square Apartments are perfectly situated in the heart of town, less than one mile from dining, shopping, entertainment, and Lexington Park. Our welcoming communities are professionally cared for by a responsive staff who are dedicated to making these communities the ideal place for you to come home to. Our spacious floor plan includes a washer/dryer set, dishwasher, private patio/balcony with an enjoyable view of the beautifully landscaped property, and an assigned carport parking space.
How Redwood & Waverly Square Apartment Homes compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at Redwood & Waverly Square Apartment Homes to be 7% less than the average for similarly sized apartments in Albany.
3-bedroom apartments at Redwood & Waverly Square Apartment Homes cost about 15% less than the average rent price for 3-bedroom apartments in Albany.
| Month | Median Rent |
|---|---|
| November 2024 | $1,288 |
| 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 |
| October 2025 | $1,045 |
| November 2025 | $1,091 |
| December 2025 | $927 |
| January 2026 | $916 |
| February 2026 | $911 |
| March 2026 | $941 |
| April 2026 | $995 |
| May 2026 | $835 |
| June 2026 | $833 |
| July 2026 | $887 |
| August 2026 | $930 |
| September 2026 | $795 |
| October 2026 | $835 |
Can I afford to live at 1515 Waverly Dr Se?
Bedrooms
Rent-to-income ratio
30%
$56,000/yr
910 bain st se
albany, OR, 97322
2054 applegate st
philomath, OR, 97370
757 w locust st
stayton, OR, 97383
1956 S 2nd St
1–2 Beds
$1,300–$1,445
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
33175 McFarland Rd
3–4 Beds
$2,050–$2,295
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.362 S Main St
2 Beds
$1,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Mount Vernon St Se
2–3 Beds
$1,895–$2,150
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Corvallis • 900 Se Centerpointe Dr
2 Beds
$1,599–$1,849
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1539 15th Ave Se
2 Beds
$1,495–$1,595
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
601 32nd Ave Se
2 Beds
$1,895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.745 705, 725, 745 & 765 Hickory St NW
1–2 Beds
$1,495–$1,695
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1956 S 2nd St
1–2 Beds
$1,300–$1,445
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.33175 McFarland Rd
3–4 Beds
$2,050–$2,295
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.362 S Main St
2 Beds
$1,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Mount Vernon St Se
2–3 Beds
$1,895–$2,150
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.South Corvallis • 900 Se Centerpointe Dr
2 Beds
$1,599–$1,849
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1539 15th Ave Se
2 Beds
$1,495–$1,595
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.601 32nd Ave Se
2 Beds
$1,895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.745 705, 725, 745 & 765 Hickory St NW
1–2 Beds
$1,495–$1,695
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
