Zumper
modified
2 Days Ago

Highlights

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

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 receives an impressive overall Zumper expert rating of 8.9, reflecting its strong balance of pricing, amenities, and location, all rated 9 out of 10. Key highlights include off-street parking, on-site laundry, and pet-friendly features, making it an excellent choice for those seeking convenient living close to shopping and dining options. Additionally, its transparency and trustworthy management enhance its appeal for potential renters.

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

8.9
Very Good
With a solid 8.9 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
  • Images Available

Great for

  • Pet owners

Floor plans

FRAN - Studio 400Studio1 bath400 sqft$1,150 /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, PTAC unit. 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: 0 - Bathrooms: 1 - Sq. Ft: 400 - 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 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
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

Apartment Amenities

Air Conditioning

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

Units18
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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.
8.9
/10
Very Good
With a solid 8.9 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·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.
Frances Apts goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Frances Apts 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.
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

  • 3 pet hospitals in the area
  • 3 pet supply stores 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 mile away
High school nearby
There is a high school 0.5 mile away
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.5 mile away

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Rent trends in Central Area

Studio apartments at Frances Apts cost about 4% less than the average rent price for studios in Central Area.

1-bedroom apartments here are priced about the same as 1-bedrooms in Central Area.

Median rents as of Jan 24 2026.
Central Area
Salem
A table of studio rental data trends in Salem
MonthMedian Rent
February 2024$1,100
March 2024$1,112
April 2024$1,194
May 2024$1,142
June 2024$1,145
July 2024$1,159
August 2024$1,147
September 2024$1,161
October 2024$1,134
November 2024$1,177
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
A table of studio rental data trends in Central Area
MonthMedian Rent
February 2024$1,163
March 2024$1,188
April 2024$1,350
May 2024$1,191
June 2024$1,186
July 2024$1,235
August 2024$1,259
September 2024$1,175
October 2024$1,149
November 2024$1,268
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$1,182

Affordability calculator

Can I afford to live at 555 Winter St Ne?

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

$46,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this studio monthly rent price of $1,150.
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-
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Internet available near Frances Apts

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
At least one supermarket within a 10-minute walk

Shopping

8/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

9/10
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

4/10
Some bars within a few minutes’ walk

Explore the area around 555 Winter St Ne

Safeway
1265 Center St NE
Grocery Outlet
299 D St NE
American Market #14
1420 State St
Quik Trip
1765 Center St NE
XRZ Foods LLC

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