Updated 22 Hours Ago
Location
3872 Liberty Rd S, Salem, OR 97302, USA|Faye Wright
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Property Overview
Silverwood Apartments earns a strong overall impression with an 8.4 Zumper expert rating, combining excellent value, solid amenities, a convenient location, and a trustworthy listing. It also stands out for having 33 photos and access to nearby public transportation, making it easier for renters to assess the property and its surroundings.
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
Images Available
Floor plans
| 2BR/2.0BA | 2 bed | 2 bath | 950 sqft | $1,295–$1,395 /mo | 3 units available | Welcome home to Silverwood Apartments in Salem! Our spacious two-bedroom apartments offer the perfect blend of comfort, style, and convenience. Enjoy beautiful wood-like flooring that adds a warm, modern touch to your home, along with generous living spaces designed for relaxing, entertaining, and making lasting memories. Surrounded by mature landscaping and beautifully maintained grounds, Silverwood Apartments offers a peaceful, inviting atmosphere you'll love coming home to. Whether you're unwinding after a long day or enjoying a quiet morning at home, you'll appreciate the comfort and charm that make Silverwood a wonderful place to call home. Spacious living. Timeless style. A place to call your own. Discover the comfort of Silverwood Apartments in Salem today! Silverwood leasing line: 971-239-1448 Leasing email: **** | |
| 2BR/1.0BA | 2 bed | 1 bath | 850 sqft | $1,395 /mo | 1 unit available | Welcome home to Silverwood Apartments in Salem! Our spacious two-bedroom apartments offer the perfect blend of comfort, style, and convenience. Enjoy beautiful wood-like flooring that adds a warm, modern touch to your home, along with generous living spaces designed for relaxing, entertaining, and making lasting memories. Surrounded by mature landscaping and beautifully maintained grounds, Silverwood Apartments offers a peaceful, inviting atmosphere you'll love coming home to. Whether you're unwinding after a long day or enjoying a quiet morning at home, you'll appreciate the comfort and charm that make Silverwood a wonderful place to call home. Spacious living. Timeless style. A place to call your own. Discover the comfort of Silverwood Apartments in Salem today! Silverwood leasing line: 971-239-1448 Leasing email: **** |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 45 |
|---|
About #340 SILVERWOOD APARTMENTS
Welcome home to Silverwood Apartments in Salem! Our spacious two-bedroom apartments offer the perfect blend of comfort, style, and convenience. Enjoy beautiful wood-like flooring that adds a warm, modern touch to your home, along with generous living spaces designed for relaxing, entertaining, and making lasting memories. Surrounded by mature landscaping and beautifully maintained grounds, Silverwood Apartments offers a peaceful, inviting atmosphere you'll love coming home to. Whether you're unwinding after a long day or enjoying a quiet morning at home, you'll appreciate the comfort and charm that make Silverwood a wonderful place to call home. Spacious living. Timeless style. A place to call your own. Discover the comfort of Silverwood Apartments in Salem today! Silverwood leasing line: 971-239-1448 Leasing email: ****
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 GoodWith a solid 8.4 out of 10 overall, #340 SILVERWOOD APARTMENTS is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, #340 SILVERWOOD APARTMENTS 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.
#340 SILVERWOOD 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·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, #340 SILVERWOOD APARTMENTS 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.
#340 SILVERWOOD 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·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 #340 SILVERWOOD APARTMENTS 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 #340 SILVERWOOD APARTMENTS compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this property
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.7 miles away
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Faye Wright
If you decide to upgrade your space, you can expect 2-bedrooms at #340 SILVERWOOD APARTMENTS to be 4% less than the average for similarly sized apartments in Faye Wright.
Median rents as of Oct 17 2026.
Faye Wright
Salem
| Month | Median Rent |
|---|---|
| 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 |
| September 2026 | $1,112 |
| October 2026 | $1,098 |
| Month | Median Rent |
|---|---|
| December 2024 | $1,136 |
| January 2025 | $1,148 |
| February 2025 | $1,148 |
| March 2025 | $1,153 |
| April 2025 | $1,162 |
| May 2025 | $1,222 |
| October 2025 | $1,150 |
| November 2025 | $1,150 |
| December 2025 | $1,095 |
| January 2026 | $1,099 |
| February 2026 | $1,098 |
| March 2026 | $1,096 |
| April 2026 | $1,095 |
| May 2026 | $1,095 |
| June 2026 | $1,095 |
| July 2026 | $1,095 |
| August 2026 | $1,095 |
| September 2026 | $1,088 |
| October 2026 | $1,088 |
Affordability calculator
Can I afford to live at 3872 Liberty Rd S?
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
$53,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $53,800 annually to afford this 2-bedrooms median monthly rent price of $1,345.
For more information on rent affordability, visit our rent calculator.
Schools near #340 SILVERWOOD APARTMENTS
Wright Elementary School
4060 lone oak rd se
salem, OR, 97302
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
Getting around Salem near 3872 Liberty Rd S
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 3872 Liberty Rd S, Salem
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
5/10
Variety of cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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