Zumper
modified
Updated 3 Days Ago

Highlights

  • Pet Friendly
  • Off-street parking
  • Close to shopping
  • On-site staff
  • On-site laundry room
  • Minutes away from restaurants
  • 2 elevators

Location

555 Winter St Ne, Salem, OR 97301, USA|Central Area
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Contact

Management

Frances and The Lee Apartments (Portfolio 3)

Leasing office

(971) 374-5670

Property Overview

Frances Apts offers off-street parking, pet-friendly living, and a location close to shopping and restaurants. It also stands out for value for money and proximity to highly rated middle and high schools.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.7
Very Good
With a solid 8.7 out of 10 overall, Frances Apts is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Frances Apts 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

  • Middle school nearby
  • High school nearby
  • Laundry available on site

Great for

  • Pet owners

Floor plans

FRAN - 1x1 3801 bed1 bath380 sqft$1,095 /mo1 unit availableGreat Experiences Are Just Around The Corner! Beautiful studio available for move-in right now! Apartment located just minutes from the heart of downtown Salem. Walking distance to the YMCA. Minutes away from shopping, restaurants and parks. Close to state offices, the State Capitol and Willamette University. Shopping and restaurants are just minutes away. Pet-Friendly building! Great amenities at your fingertips. Enjoy all the conveniences in this home including a refrigerator, electric stove. Off-street parking is available for rent. Property amenities include: On-site staff, on-site laundry room, 2 elevators and PTAC unit. Rentable onsite storage spaces available Getting around is easy with the Route 2 station close to the building. Enjoy close access to popular restaurants, cafes and grocery shopping including Safeway and Salem Saturday Market. FEATURES: - Bedrooms: 1 - Bathrooms: 1 - Sq. Ft: 380 - Parking: Off-street parking is available for rent - Lease Options: 12 Months - Utilities: RUBS - Pet Rent: $500 deposit, $30 pet rent per pet. 2 cats allowed You may also call or email our leasing office to set up a virtual visit with one of our leasing professionals. Due for Move-in: - One (1) Month's Rent (2nd Month Is Prorated) - Security Deposit (75% - 150% Of Rent Value) - You can find our screening criteria on our website: https www bluestonemgt com availability - This unit is not an accessible dwelling unit Virtual Tour Link Below: https my matterport com show ?m=WBAFrVMB6fH&mls=1 Photos and square footages are representative of the property and/or similar units, but may not be for the exact unit available. Please visit our website: https www bluestonemgt com availability

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Amenities for Frances Apts

Building

Cats OKDogs OK
Onsite Laundry

Grounds

Off-Street Parking

Services

On-Site MaintenanceOn-Site Management
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

Units18

About Frances Apts

HomeApartments in SalemCentral Area Frances Apts

Frances Apartments is located just minutes from the heart of downtown Salem. Walking distance to the YMCA. Minutes away from shopping, restaurants, parks and the Saturday Market. Close to state offices, the State Capitol, and Willamette University. Shopping and restaurants are just minutes away. Pet-Friendly building!


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.
8.7
/10
Very Good
With a solid 8.7 out of 10 overall, Frances Apts is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Frances Apts 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 Frances Apts
Price·9A 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.
Frances Apts stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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, Frances Apts 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.
Frances Apts 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.
Frances Apts 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.

Frances Apts is great for:

Pet owners

  • 2 pet hospitals in the area
  • 1 pet grooming service nearby
  • 1 pet supply store near the property

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 Frances Apts compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.1 miles away
High school nearby
There is a high school 0.5 miles away
Laundry available on site
Washers and dryers are available in-building

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Rent trends in Central Area

1-bedroom apartments at Frances Apts cost about 0% less than the average rent price for 1-bedroom apartments in Central Area.

Median rents as of Oct 24 2026.
Central Area
Salem
A table of studio rental data trends in Salem
MonthMedian Rent
November 2024$1,185
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
February 2026$995
March 2026$993
April 2026$967
May 2026$950
June 2026$981
July 2026$1,012
August 2026$1,007
September 2026$978
October 2026$1,043
A table of studio rental data trends in Central Area
MonthMedian Rent
November 2024$1,282
December 2024$1,264
January 2025$1,087
February 2025$1,214
March 2025$1,222
April 2025$1,230
May 2025$1,163
June 2025$1,304
July 2025$1,359
August 2025$1,298
September 2025$1,183
October 2025$1,155
November 2025$1,147
December 2025$1,140
January 2026$1,176
February 2026$1,125
March 2026$1,125
April 2026$1,125
May 2026$1,169
June 2026$1,287
July 2026$1,210
August 2026$1,132
September 2026$1,068
October 2026$1,078

Affordability calculator

Can I afford to live at 555 Winter St Ne?

Bedrooms

1 bedroom

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 1-bedroom monthly rent price of $1,095.
For more information on rent affordability, visit our rent calculator.

Schools near Frances Apts

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 555 Winter St Ne

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

6/10
Popular public transit options are just a short walk from this location.

Points of interest for 555 Winter St Ne, Salem

Groceries

8/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

8/10
Wide variety of bars within a few minutes' walk

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