11 Hours Ago
Highlights
Pet Friendly
- Prime location
- Modern convenience
- Convenient location
- Friendly community
Location
2540 Broadway St Ne, Salem, OR 97301, USA|Highland
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Property Overview
Somerset East Apartments is highly rated with an 8.6 out of 10 from Zumper, showcasing its competitive pricing and excellent value. Situated in a prime location with easy access to popular amenities and schools, it scores particularly high for its amenities (8/10) and location (9/10). Additionally, the property fosters a friendly community environment and demonstrates pet-friendliness, making it an attractive choice for diverse lifestyles.
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.
Things you’ll love
Middle school nearby- Less expensive
Great for
Pet owners
Floor plans
| 1 Bed 1 Bath | 1 bed | 1 bath | 579 sqft | $999 /mo | 1 unit available | *Photos may not be of exact unit Welcome to our classic apartment community in NE Salem, where charm and convenience come together perfectly. Nestled in a prime location with easy access to major transportation routes, our well-established complex offers a unique blend of vintage character and modern convenience. Our spacious apartments feature timeless design elements and enduring quality, ensuring a cozy and inviting atmosphere. Enjoy the benefits of being close to public transit, making your daily commute a breeze, and take advantage of nearby local shops, dining, and entertainment. With our friendly community and convenient location, you’ll find the perfect balance of nostalgic appeal and practical living. Come discover the welcoming atmosphere and classic charm of our NE Salem apartments. We’re excited to help you find your new home! Disclosure: The community utilizes a Ratio Utility Billing System (RUBS) for utility cost allocation. Residents will be billed for their share of utilities based on occupancy, unit size, or other approved factors in accordance with local regulations. Place 2B Properties 4646 Ridge Drive NE Salem, Oregon 97301 503-362-0030 | |
| 2 bed 1 bath | 2 bed | 1 bath | 789 sqft | $1,230 /mo | 3 units available | *Photos may not be of exact unit Welcome to our classic apartment community in NE Salem, where charm and convenience come together perfectly. Nestled in a prime location with easy access to major transportation routes, our well-established complex offers a unique blend of vintage character and modern convenience. Our spacious apartments feature timeless design elements and enduring quality, ensuring a cozy and inviting atmosphere. Enjoy the benefits of being close to public transit, making your daily commute a breeze, and take advantage of nearby local shops, dining, and entertainment. With our friendly community and convenient location, you’ll find the perfect balance of nostalgic appeal and practical living. Come discover the welcoming atmosphere and classic charm of our NE Salem apartments. We’re excited to help you find your new home! Disclosure: The community utilizes a Ratio Utility Billing System (RUBS) for utility cost allocation. Residents will be billed for their share of utilities based on occupancy, unit size, or other approved factors in accordance with local regulations. Place 2B Properties 4646 Ridge Drive NE Salem, Oregon 97301 503-362-0030 |
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Amenities for Somerset East Apartments
Building
| Cats OK | Dogs OK |
Other
| Rubs |
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
| Units | 55 |
|---|
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About Somerset East Apartments
*Photos may not be of exact unit Welcome to our classic apartment community in NE Salem, where charm and convenience come together perfectly. Nestled in a prime location with easy access to major transportation routes, our well-established complex offers a unique blend of vintage character and modern convenience. Our spacious apartments feature timeless design elements and enduring quality, ensuring a cozy and inviting atmosphere. Enjoy the benefits of being close to public transit, making your daily commute a breeze, and take advantage of nearby local shops, dining, and entertainment. With our friendly community and convenient location, you’ll find the perfect balance of nostalgic appeal and practical living. Come discover the welcoming atmosphere and classic charm of our NE Salem apartments. We’re excited to help you find your new home! Disclosure: The community utilizes a Ratio Utility Billing System (RUBS) for utility cost allocation. Residents will be billed for their share of utilities based on occupancy, unit size, or other approved factors in accordance with local regulations. Place 2B Properties 4646 Ridge Drive NE Salem, Oregon 97301 503-362-0030
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, Somerset East Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Somerset East Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
Somerset East 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·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, Somerset East Apartments 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.
Somerset East 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·7A 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.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Somerset East Apartments to provide reasonable accomodations and accurate details about its community.
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.
Somerset East Apartments is great for:
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 Somerset East Apartments compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.4 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
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Rent trends in Highland
1-bedroom apartments here are priced 2% lower than 1-bedrooms in Highland.
If you decide to upgrade your space, you can expect 2-bedrooms at Somerset East Apartments to be 1% more than the average for similarly sized apartments in Highland.
Median rents as of Jan 3 2026.
Highland
Salem
| Month | Median Rent |
|---|---|
| February 2024 | $1,162 |
| March 2024 | $1,147 |
| April 2024 | $1,167 |
| May 2024 | $1,195 |
| June 2024 | $1,188 |
| July 2024 | $1,209 |
| August 2024 | $1,217 |
| September 2024 | $1,187 |
| October 2024 | $1,196 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,019 |
| March 2024 | $995 |
| April 2024 | $1,059 |
| May 2024 | $1,029 |
| June 2024 | $1,040 |
| July 2024 | $1,086 |
| August 2024 | $1,176 |
| September 2024 | $1,091 |
| October 2024 | $1,027 |
| November 2024 | $1,077 |
| December 2024 | $1,075 |
| January 2025 | $1,050 |
| February 2025 | $1,095 |
| March 2025 | $1,056 |
| April 2025 | $1,010 |
| May 2025 | $995 |
| June 2025 | $1,051 |
| July 2025 | $1,045 |
| August 2025 | $1,046 |
| September 2025 | $1,043 |
| October 2025 | $1,042 |
| November 2025 | $1,014 |
| December 2025 | $995 |
| January 2026 | $1,023 |
Affordability calculator
Can I afford to live at 2540 Broadway 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
$39,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,960 annually to afford this 1-bedroom monthly rent price of $999.
For more information on rent affordability, visit our rent calculator.
Schools near Somerset East Apartments
Highland Elementary School
530 highland ave ne
salem, OR, 97303
K-5Public
C-
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Internet available near Somerset East Apartments
Getting around Salem near 2540 Broadway St Ne
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
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 2540 Broadway St Ne, Salem
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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