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151 is a competitively priced property with an overall expert rating of 8.6/10, highlighted by perfect value-for-money (10/10 price rating) and strong scores for amenities, location, and trustworthiness. Residents benefit from newly remodeled interiors featuring luxury vinyl plank flooring, tiled bathroom, updated light fixtures, plush carpeted bedrooms, and a shared fenced patio area. The property is also noted for its pet friendliness, with hard-surface flooring, outdoor space, and convenient access to multiple pet hospitals and supply stores.
Things you’ll love
Middle school nearbyLess expensiveGreat for
Pet owners| 2x1 | 2 bed | 1 bath | $1,195 /mo | 1 unit available | NOW OFFERING YOUR FIRST FULL MONTH OF RENT FREE WHEN YOU SIGN A 12-MONTH LEASE! Move-in special is for new Residents only. This newly remodeled apartment home features luxury vinyl plank flooring throughout the main living areas, plush carpeted bedrooms and a tiled bathroom, fresh paint, updated light fixtures, new blinds, and a shared fenced patio area. Professional landscape maintenance included. Pets allowed w/ additional security deposit and monthly pet rent. 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: $1,195-$1,245 Utility Bill-Back: $45 Pet Rent: $35 DEPOSITS: Security Deposit MINIMUM: $900 Security Deposit MAXIMUM: $1,800 (Depends on screening results and unit size) Additional Security Deposit For Having a Pet: $800 _____________________________________________________________________________________ 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.
Appliances
| Range | Refrigerator |
| Stove |
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 6 |
|---|
NOW OFFERING YOUR FIRST FULL MONTH OF RENT FREE WHEN YOU SIGN A 12-MONTH LEASE! Move-in special is for new Residents only. This newly remodeled apartment home features luxury vinyl plank flooring throughout the main living areas, plush carpeted bedrooms and a tiled bathroom, fresh paint, updated light fixtures, new blinds, and a shared fenced patio area. Professional landscape maintenance included. Pets allowed w/ additional security deposit and monthly pet rent. 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: $1,195-$1,245 Utility Bill-Back: $45 Pet Rent: $35 DEPOSITS: Security Deposit MINIMUM: $900 Security Deposit MAXIMUM: $1,800 (Depends on screening results and unit size) Additional Security Deposit For Having a Pet: $800 _____________________________________________________________________________________ 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
How 151 compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 151 cost about 14% less than the average rent price for 2-bedroom apartments in Salem.
| Month | Median Rent |
|---|---|
| May 2024 | $1,200 |
| 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 |
| February 2026 | $995 |
| March 2026 | $993 |
| April 2026 | $967 |
| May 2026 | $950 |
Can I afford to live at 2870 Lancaster Dr Ne?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$47,800/yr
3165 lansing ave ne
salem, OR, 97303
999-a locust st ne
salem, OR, 97303
757 w locust st
stayton, OR, 97383
Four Corners • 178 Lancaster Dr Se
2 Beds
$1,495
Four Corners • 178 Lancaster Dr Se
2 Beds
$1,495
