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Updated 1 Day Ago

Highlights

  • Pet Friendly
  • Prime location
  • Large rooms
  • Walk in closet
  • All new appliances
  • Modern comfort
  • Warm and inviting atmosphere

Location

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

Management

Milestone Property Management

Leasing office

(971) 273-1808 ext. 2

Property Overview

Oakview Terrace Apartments offers a strong overall renter experience, with a 9.2 Zumper Expert Rating, standout value, solid amenities, a convenient location, and high quality and trustworthiness scores. Notable features include a prime location, large rooms, walk-in closet, all new appliances, modern comfort, and a warm, inviting atmosphere, with proximity to a top-rated high school among its useful nearby points.

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

  • High school nearby
  • Laundry available on site

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath761 sqft$1,250–$1,295 /mo2 units availableOak View Terrace Apartments is nestled in a forested park like setting. This serene community has a fully remodeled 2 Bedroom 1 Bath with Balcony. New White Kitchen Cabinets. New vinyl flooring that flows seamlessly through the living spaces. New Carpet in the bedrooms All new appliances. New Countertops. New Light fixtures. New Bathroom Vanity with lots of storage. Large Rooms Walk In Closet in the master. Large closet in the living area. Large Bedrooms. Balcony Apartment faces the Chemeketa Community College nature trail and disc golf course. Call for a tour 503-581-5175. “Professionally managed by Milestone Property Management, an Equal Housing Opportunity Provider”. ** “Renters insurance is a requirement for all our residents. We’re happy to provide additional information regarding this requirement.” **Prices are subject to change without notice** ***Security Deposit amounts may vary and are determined by your previous rental and credit history***

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Amenities for Oakview Terrace Apartments

Apartment Amenities

Beautiful Views

Appliances

Electric Stove/OvenRefrigarator

Building

Cats OKDogs OK
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

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 pets allowed. 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
  • 5 pet supply stores near the property
  • 2 pet hospitals 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

High school nearby
There is a high school 0.2 mile away
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 1 mile away
Lacks images
Fewer than 10 photos available for this location
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Salem

2-bedroom apartments at Oakview Terrace Apartments cost about 13% less than the average rent price for 2-bedroom apartments in Salem.

Median rents as of Aug 1 2026.
Salem
A table of studio rental data trends in Salem
MonthMedian Rent
August 2024$1,158
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
February 2026$995
March 2026$993
April 2026$967
May 2026$950
June 2026$981
July 2026$1,012
August 2026$1,025

Affordability calculator

Can I afford to live at 3932 Lancaster Dr Ne?

Bedrooms

2 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

$50,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 2-bedrooms monthly rent price of $1,250.
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-

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 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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