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Highlights

  • Pet Friendly
  • Generous closets
  • Prime location
  • Expansive windows
  • Spacious floorplans
  • Outdoor recreation
  • Modern comfort

Location

3932 Lancaster Dr Ne, Salem, OR 97305, USA
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Contact

Management

Milestone Property Management

Leasing office

(503) 581-5175

Property Overview

Oakview Terrace Apartments receives a strong Zumper Expert Rating of 9.2, highlighting its competitive pricing and excellent array of amenities, rated 9 out of 10. The property's prime location earns a 9 out of 10, ensuring convenient access to schools and transportation. With spacious floorplans, generous closets, and outdoor recreation options, it stands out for its modern comfort and pet-friendly environment, supported by a trustworthiness rating of 8 out of 10 for transparency.

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

9.2
Excellent
Oakview Terrace 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.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • Elementary school nearby

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath600 sqft$1,150 /mo1 unit availableKeep this downstairs 1bd/1bth apartment all to yourself! This charming, tucked-away community offers a beautifully designed downstairs 1-bedroom/1-bath apartment home in a serene, tree-lined setting right next to Chemeketa Community College. With a secluded, park-like atmosphere, spacious floorplans, and everyday conveniences close by, this is the perfect place to settle in and feel at home. Inside Your Home: - Open living floorplan - Large living rooms with dining area - Expansive windows + beautiful private views - Large sliding glass door (in select homes) - Major appliances included: electric range, refrigerator & dishwasher - Full-sized bathtub - Large bedrooms with generous closets - Additional storage: coat closet + linen storage (select homes) - Available private patios or balconies Community Perks: - Assigned off-street parking - On-site laundry room - Professionally managed landscaping - Online resident portal for rent payments & maintenance - Pet-friendly community with pet waste stations - Small, quiet community surrounded by nature - Park-like setting featuring a stunning Oregon White Oak Tree Grove - Friendly, professional management team Prime North Salem Location! Beautifully located near everything you need — while still feeling peaceful and secluded. - Next to Chemeketa Community College - Down the road from Safeway & close to groceries and essentials - A short drive to downtown Salem - Just 12 minutes by car or 23 minutes by bus to Willamette University Transportation: Getting around Salem is easy and convenient. Lancaster @ Cooley — Routes 11 & 13 - with a Cherriots bus stop just steps away, residents have direct access to routes connecting: - Downtown Salem - Keizer Transit Center - Chemeketa Community College - North & East Salem Shopping centers, parks, and more: Groceries & Essentials Safeway • Sunrise Market 101 • Mega Foods • Grocery Outlet • Fruteria La Cabaña • Roth’s Fresh Markets • Walmart • Lucky Market • Fred Meyer • Neighborhood Market Shopping & Entertainment: Oak Park Plaza • Village East Shopping Center • Lancaster Plaza • Willamette Town Center • Evergreen Plaza • LanSunny Plaza • Salem Valley Shopping Center • Walmart Outdoor Recreation: Extreme Velocity Paintball Center • Claggett Creek Park • Northgate Park • McKay City Park • Denny Park • Northview Terrace Swim Club • Warpaint Paintball Center • Oregon Kayak Tours • Oregon State Fair & Expo Center Nearby Schools: Chemeketa Community College • Highland Elementary • Hammond Elementary • Lamb Elementary • Hallman Elementary • Waldo Middle • Adam Stephens Middle • EAGLE Charter School • Early College High School • Salem Montessori School • Claggett Creek Middle • McKay High • Oregon School for the Deaf Call 360-977-0708 to schedule a personal tour
2BR/1.0BA2 bed1 bath761 sqft$1,150 /mo1 unit availableYour new home is calling — and we’re excited to welcome you! This charming, tucked-away community offers a beautifully designed 2-bedroom/1-bath apartment home in a serene, tree-lined setting right next to Chemeketa Community College. With a secluded, park-like atmosphere, spacious floorplans, and everyday conveniences close by, this is the perfect place to settle in and feel at home. Inside Your Home: - Open living floorplan - Large living rooms with dining area - Expansive windows + beautiful private views - Large sliding glass door (in select homes) - Major appliances included: electric range, refrigerator & dishwasher - Full-sized bathtub - Large bedrooms with generous closets - Additional storage: coat closet + linen storage (select homes) - Available private patios or balconies Community Perks: - Assigned off-street parking - On-site laundry room - Professionally managed landscaping - Online resident portal for rent payments & maintenance - Pet-friendly community with pet waste stations - Small, quiet community surrounded by nature - Park-like setting featuring a stunning Oregon White Oak Tree Grove - Friendly, professional management team Prime North Salem Location! Beautifully located near everything you need — while still feeling peaceful and secluded. - Next to Chemeketa Community College - Down the road from Safeway & close to groceries and essentials - A short drive to downtown Salem - Just 12 minutes by car or 23 minutes by bus to Willamette University Transportation: Getting around Salem is easy and convenient. Lancaster @ Cooley — Routes 11 & 13 - with a Cherriots bus stop just steps away, residents have direct access to routes connecting: - Downtown Salem - Keizer Transit Center - Chemeketa Community College - North & East Salem Shopping centers, parks, and more: Groceries & Essentials Safeway • Sunrise Market 101 • Mega Foods • Grocery Outlet • Fruteria La Cabaña • Roth’s Fresh Markets • Walmart • Lucky Market • Fred Meyer • Neighborhood Market Shopping & Entertainment: Oak Park Plaza • Village East Shopping Center • Lancaster Plaza • Willamette Town Center • Evergreen Plaza • LanSunny Plaza • Salem Valley Shopping Center • Walmart Outdoor Recreation: Extreme Velocity Paintball Center • Claggett Creek Park • Northgate Park • McKay City Park • Denny Park • Northview Terrace Swim Club • Warpaint Paintball Center • Oregon Kayak Tours • Oregon State Fair & Expo Center Nearby Schools: Chemeketa Community College • Highland Elementary • Hammond Elementary • Lamb Elementary • Hallman Elementary • Waldo Middle • Adam Stephens Middle • EAGLE Charter School • Early College High School • Salem Montessori School • Claggett Creek Middle • McKay High • Oregon School for the Deaf Homes are going fast — reserve yours today! Call 360-977-0708 to schedule a personal tour

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Amenities for Oakview Terrace Apartments

Apartment Amenities

Baseboard HeatingCoat Closet
Full Size BathtubLarge Windows
Top Floor Apartment

Appliances

DishwasherFridge
OvenRange

Building

Cats OKDogs OK
Onsite Laundry

Grounds

Smoke Free Community

Neighborhood

Close to Restaurants

Other

Online Rental PaymentsOnline Resident Portal
Water, Sewer, & Garbage
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

Units24
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About Oakview Terrace Apartments

HomeApartments in Salem Oakview Terrace Apartments

Welcome to Oakview Terrace, where charm meets convenience! Nestled on the vibrant Lancaster Drive, our quaint community offers the perfect blend of historic character and modern comfort. Our thoughtfully designed apartments feature cozy interiors, and natural light to create a warm and inviting atmosphere. At Oakview Terrace, you'll enjoy not only a prime location but also a community that feels like home. Join us and discover why our residents love living.


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
Excellent
Oakview Terrace 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.
How we rated Oakview Terrace Apartments
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.
Oakview Terrace 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.
Oakview Terrace Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including baseboard heating. Renters looking for popular or luxurious features will find them here—and for that reason, Oakview Terrace 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.
Oakview Terrace 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.
Oakview Terrace 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.

Oakview Terrace Apartments is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 3 pet grooming services nearby
  • 7 pet supply stores near the property
  • 1 pet hospital in the area

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 Oakview Terrace Apartments compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 0.2 mile away
Elementary school nearby
There is an elementary school 0.3 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 high schools
The nearest high school is farther than 1 mile away

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Rent trends in Salem

1-bedroom apartments here are priced 2% higher than 1-bedrooms in Salem.

If you decide to upgrade your space, you can expect 2-bedrooms at Oakview Terrace Apartments to be 18% less than the average for similarly sized apartments in Salem.

Median rents as of Jan 24 2026.
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

Affordability calculator

Can I afford to live at 3932 Lancaster Dr 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 1-bedroom monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.

Schools near Oakview Terrace Apartments

Lamb Elementary School

4930 herrin rd ne

salem, OR, 97305

K-5Public
C-
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Internet available near Oakview Terrace Apartments

Getting around Salem near 3932 Lancaster Dr Ne

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 3932 Lancaster Dr Ne, Salem

Groceries

7/10
The nearest general grocery store is within a 10-minute walk, and there are also a few specialist food stores nearby.

Shopping

4/10
Some fashion stores are within walking distance.

Cafes

5/10
The closest café is within a 10-minute walk, and there are a few other cafés within walking distance.

Restaurants

4/10
Some restaurants are within walking distance.

Primary schools

6/10
The closest elementary school is within a 10-to-15-minute walk.

High schools

8/10
At least one high school within a 5-to-10-minute walk.

Parks

4/10
Very few or no parks in the area.

Nightlife

2/10
The closest bar is within a 20-minute walk, and there are a few other bars within walking distance.

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