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109-The Edgewater Apts & Retail Bldg is rated highly overall, with strong marks for price, amenities, location, and quality, plus a solid trustworthiness score. It offers on-site laundry, 12 photos, good value for money, and a nearby top-rated middle school, making it a standout option for renters seeking convenience and balanced value.
Things you’ll love
| 2x1 | 2 bed | 1 bath | $1,125 /mo | 1 unit available | NOW OFFERING YOUR FIRST MONTH'S RENT FREE WITH SIGNED 12 MONTH LEASE! *Move-in special is for new Residents only. Apply Now These West Salem apartments feature covered entries, lots of windows, courtyard setting, on-site laundry, assigned parking and W/S/G included. DISCLOSURES: *THE FOLLOWING INFORMATION IS SUBJECT TO CHANGE PRIOR TO EXECUTION OF RENTAL AGREEMENT RENT: The following are MAXIMUM amounts. The actual amounts charged will depend on the unit size, screening results and other factors. Unit Rent: Two Bdrm: $1,125-$1,175 DEPOSITS: Security Deposit MINIMUM: $850 Security Deposit MAXIMUM: $1,700 (Depends on screening results and unit size) _____________________________________________________________________________________ RENTERS & LIABILITY INSURANCE: A Renters and Liability Insurance policy with SMI Property Management listed as an interested party, is required to be provided at the commencement of the lease/rental agreement and is to be maintained throughout the term of the tenancy in the amount of $100,000. No insurance will be required if: A) The household income of all of the tenants in the unit is equal to or less than fifty percent of the area median income, adjusted for family size as measured up to a five-person family; or B) If the dwelling unit has been subsidized with public funds, not including housing choice vouchers. _____________________________________________________________________________________ GOOD FAITH ESTIMATE: See listing of all available units at: https www smiproperty com vacancies Approximate number of units currently available, or which will in the foreseeable future be available, of the size and in the area requested by applicant:______ unit(s). Approximate number of applications previously accepted and currently under consideration for those units:______ application(s). If the blanks above are not filled in, then there is at least one unit available and there are no applications ahead of yours currently under consideration. Move-in concessions, when offered, are limited to eligible rent charges owed by the resident and exclude all other amounts due under the lease. Interior photos may not represent the actual unit. |
Let's explore this property.
Apartment Amenities
| W/S/G Included |
Appliances
| Range | Refrigerator |
| Stove |
Building
| Courtyard Setting | Covered Entry |
| Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
One-time.
One-time. Refundable.
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?
| Units | 9 |
|---|
NOW OFFERING YOUR FIRST MONTH'S RENT FREE WITH SIGNED 12 MONTH LEASE! *Move-in special is for new Residents only. Apply Now These West Salem apartments feature covered entries, lots of windows, courtyard setting, on-site laundry, assigned parking and W/S/G included. DISCLOSURES: *THE FOLLOWING INFORMATION IS SUBJECT TO CHANGE PRIOR TO EXECUTION OF RENTAL AGREEMENT RENT: The following are MAXIMUM amounts. The actual amounts charged will depend on the unit size, screening results and other factors. Unit Rent: Two Bdrm: $1,125-$1,175 DEPOSITS: Security Deposit MINIMUM: $850 Security Deposit MAXIMUM: $1,700 (Depends on screening results and unit size) _____________________________________________________________________________________ RENTERS & LIABILITY INSURANCE: A Renters and Liability Insurance policy with SMI Property Management listed as an interested party, is required to be provided at the commencement of the lease/rental agreement and is to be maintained throughout the term of the tenancy in the amount of $100,000. No insurance will be required if: A) The household income of all of the tenants in the unit is equal to or less than fifty percent of the area median income, adjusted for family size as measured up to a five-person family; or B) If the dwelling unit has been subsidized with public funds, not including housing choice vouchers. _____________________________________________________________________________________ GOOD FAITH ESTIMATE: See listing of all available units at: https www smiproperty com vacancies Approximate number of units currently available, or which will in the foreseeable future be available, of the size and in the area requested by applicant:______ unit(s). Approximate number of applications previously accepted and currently under consideration for those units:______ application(s). If the blanks above are not filled in, then there is at least one unit available and there are no applications ahead of yours currently under consideration. Move-in concessions, when offered, are limited to eligible rent charges owed by the resident and exclude all other amounts due under the lease. Interior photos may not represent the actual unit.
How 109-The Edgewater Apts & Retail Bldg compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 109-The Edgewater Apts & Retail Bldg cost about 22% less than the average rent price for 2-bedroom apartments in West Salem.
| Month | Median Rent |
|---|---|
| October 2024 | $1,195 |
| 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 | $1,100 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,298 |
| November 2024 | $1,337 |
| December 2024 | $1,253 |
| January 2025 | $1,250 |
| February 2025 | $1,212 |
| March 2025 | $1,235 |
| April 2025 | $1,127 |
| May 2025 | $1,179 |
| June 2025 | $1,178 |
| July 2025 | $1,379 |
| August 2025 | $1,285 |
| September 2025 | $1,250 |
| October 2025 | $1,235 |
| November 2025 | $1,272 |
| December 2025 | $1,301 |
| January 2026 | $1,301 |
| February 2026 | $1,384 |
| March 2026 | $1,320 |
| April 2026 | $1,173 |
| May 2026 | $1,125 |
| June 2026 | $1,105 |
| July 2026 | $1,095 |
| August 2026 | $1,212 |
| September 2026 | $1,193 |
| October 2026 | $1,150 |
Can I afford to live at 1061 Edgewater St Nw?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$45,000/yr
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