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Metro Park Terrace is a highly rated community (8.3/10 overall) with strong scores for price, amenities, location, and trustworthiness, indicating excellent value and a well-presented, reliable listing. Residents can choose from studio, 1, and 2 bedroom apartments featuring covered patios or balconies, with conveniences like covered parking, storage closets, and on-site laundry rooms. The property is competitively priced for its features, sits near top-rated schools, and offers ample photos to help renters understand what to expect.
Things you’ll love
High school nearbyMore spaceMiddle school nearby| 1x1S | 1 bed | 1.5 bath | 755 sqft | $1,095 /mo | 1 unit available | Metro Park Terrace Apartments is a cozy community of studio, 1, and 2 bedroom apartments homes, situated just east of downtown, near the State Capital Mall, across from Olinger Pool, and just half a block north of Safeway. This apartment community features views of Mill Creek, covered walkways, on-site laundry rooms, storage closets, covered parking, and either covered patios or balconies. This is a breathe easy smoke-free property, no smoking anywhere on the premises. 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: One Bdrm: $1,095-1,145 Utility Bill-Back Charge for W/S/G calculated and billed monthly DEPOSITS: Security Deposit MINIMUM: $800 Security Deposit MAXIMUM: $1,600 (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. Apply Now | |
| 2x1.5 | 2 bed | 1.5 bath | 900 sqft | $1,495 /mo | 2 units available | Metro Park Terrace Apartments is a cozy community of studio, 1, and 2 bedroom apartments homes, situated just east of downtown, near the State Capital Mall, across from Olinger Pool, and just half a block north of Safeway. This apartment community features views of Mill Creek, covered walkways, on-site laundry rooms, storage closets, covered parking, and either covered patios or balconies. This is a breathe easy smoke-free property, no smoking anywhere on the premises. 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: $1,495-1,545 Utility Bill-Back Charge for W/S/G calculated and billed monthly DEPOSITS: Security Deposit MINIMUM: $1,100 Security Deposit MAXIMUM: $2,200 (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. Apply Now |
Let's explore this property.
Apartment Amenities
| Balcony | Patio |
| Storage Closets |
Appliances
| Dishwasher | Range |
| Refrigerator | Stove |
Building
| Onsite Laundry |
Grounds
| Assigned Parking | Covered Walkways |
| Storage |
Neighborhood
| Near Downtown |
Other
| Breathe Easy Smoke-free Property | Monthly Utility Bill-Back Charge for Water, Sewer & Gas |
One-time.
One-time. Refundable.
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?
| Units | 18 |
|---|
Metro Park Terrace Apartments is a cozy community of studio, 1, and 2 bedroom apartments homes, situated just east of downtown, near the State Capital Mall, across from Olinger Pool, and just half a block north of Safeway. This apartment community features views of Mill Creek, covered walkways, on-site laundry rooms, storage closets, covered parking, and either covered patios or balconies.
How Metro Park Terrace compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced about the same as 1-bedrooms in Northeast Neighbors.
If you decide to upgrade your space, you can expect 2-bedrooms at Metro Park Terrace to be 7% more than the average for similarly sized apartments in Northeast Neighbors.
| Month | Median Rent |
|---|---|
| June 2024 | $1,154 |
| 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 |
| February 2026 | $995 |
| March 2026 | $993 |
| April 2026 | $967 |
| May 2026 | $950 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,075 |
Can I afford to live at 530 13th St Ne?
Bedrooms
Rent-to-income ratio
30%
$43,800/yr
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Northeast Neighbors | Salem, OR
Four Corners • 178 Lancaster Dr Se
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$1,495
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$1,650
Four Corners • 178 Lancaster Dr Se
2 Beds
$1,495
South Salem • 1055 Schurman Dr S
2 Beds
$1,650
