Updated 1 Day Ago
Location
440 Lancaster Dr Se, Salem, OR 97317, USA|Four Corners
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Property Overview
Lancaster Apartments earns strong marks overall, with high ratings for price, location, quality, and trustworthiness, plus a solid amenities score. It stands out for exceptional value, very close access to public transportation and grocery shopping, and a smoke-free setting with plenty of photos to review.
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
Less expensive- Laundry available on site
Floor plans
| 1x1 Updated | 1 bed | 1 bath | $1,050 /mo | 1 unit available | NOW OFFERING YOUR FIRST FULL MONTH OF RENT FREE WHEN YOU SIGN A 12 MONTH LEASE!! *Move-in special is for new Residents only. Apply Now These spacious single level units have been updated with luxury vinyl plank flooring, mini blinds, cabinet hardware and light fixtures. Located in small apartment community close to I-5, Hwy 22, shopping and restaurants. Ample parking available on-site, on-site laundry, and W/S/G included. **Updated pictures coming soon! The pictures shown are of other units with similar floorplan. 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: One Bdrm: $1,050-$1,100 DEPOSITS: Security Deposit MINIMUM: $800 Security Deposit MAXIMUM: $1,600 (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. 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. |
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Amenities for 054-Lancaster Apartments
Apartment Amenities
| Single Level | Spacious Floorplan |
| Updated Units | W/S/G Included |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Ample On Site Parking | Onsite Laundry |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 33 |
|---|
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About 054-Lancaster Apartments
NOW OFFERING YOUR FIRST FULL MONTH OF RENT FREE WHEN YOU SIGN A 12 MONTH LEASE!! *Move-in special is for new Residents only. Apply Now These spacious single level units have been updated with luxury vinyl plank flooring, mini blinds, cabinet hardware and light fixtures. Located in small apartment community close to I-5, Hwy 22, shopping and restaurants. Ample parking available on-site, on-site laundry, and W/S/G included. **Updated pictures coming soon! The pictures shown are of other units with similar floorplan. 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: One Bdrm: $1,050-$1,100 DEPOSITS: Security Deposit MINIMUM: $800 Security Deposit MAXIMUM: $1,600 (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. 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.
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.
9.2
/10
Excellent054-Lancaster Apartments is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
054-Lancaster Apartments 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.
054-Lancaster Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including ample on site parking. Renters looking for popular or luxurious features will find them here—and for that reason, 054-Lancaster Apartments 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.
054-Lancaster Apartments 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·9A 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.
054-Lancaster Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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 054-Lancaster Apartments compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Four Corners
1-bedroom apartments at 054-Lancaster Apartments cost about 14% less than the average rent price for 1-bedroom apartments in Four Corners.
Median rents as of Sep 12 2026.
Four Corners
Four Corners
| Month | Median Rent |
|---|---|
| September 2024 | $1,285 |
| October 2024 | $1,221 |
| November 2024 | $1,113 |
| December 2024 | $1,139 |
| January 2025 | $1,154 |
| February 2025 | $1,235 |
| March 2025 | $1,248 |
| April 2025 | $1,088 |
| May 2025 | $1,080 |
| June 2025 | $1,370 |
| July 2025 | $1,395 |
| August 2025 | $1,320 |
| September 2025 | $1,300 |
| October 2025 | $1,299 |
| November 2025 | $1,267 |
| December 2025 | $1,067 |
| January 2026 | $1,214 |
| February 2026 | $1,243 |
| March 2026 | $1,268 |
| April 2026 | $1,148 |
| May 2026 | $1,225 |
| June 2026 | $1,178 |
| July 2026 | $1,089 |
| August 2026 | $1,104 |
| September 2026 | $1,198 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,285 |
| October 2024 | $1,221 |
| November 2024 | $1,100 |
| December 2024 | $1,145 |
| January 2025 | $1,154 |
| February 2025 | $1,235 |
| March 2025 | $1,258 |
| April 2025 | $1,088 |
| May 2025 | $1,051 |
| June 2025 | $1,370 |
| August 2025 | $1,300 |
| September 2025 | $1,300 |
| October 2025 | $1,299 |
| November 2025 | $1,300 |
| December 2025 | $1,045 |
| January 2026 | $1,231 |
| February 2026 | $1,265 |
| March 2026 | $1,268 |
| April 2026 | $1,225 |
| May 2026 | $1,225 |
| June 2026 | $1,178 |
| July 2026 | $1,089 |
| August 2026 | $1,105 |
Affordability calculator
Can I afford to live at 440 Lancaster Dr Se?
Bedrooms
1 bedroomRent-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
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 1-bedroom monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Schools near 054-Lancaster Apartments
Four Corners Elementary School
500 elma ave se
salem, OR, 97317
K-5Public
C-
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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Internet available near 054-Lancaster Apartments
Getting around Salem near 440 Lancaster Dr Se
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
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 440 Lancaster Dr Se, Salem
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
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