Zumper
modified
5+ Days Ago

Highlights

  • Balcony
  • Attached garage
  • Private patio
  • Outdoor dining
  • Outdoor activities
  • Master bedroom walk-in closet

Location

1480 Falcon Loop, Independence, Oregon 97351, United States
Hi! Let’s figure out if this property is right for you.

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Tour 164

Contact

Management

Homestead Property Management LLC

Leasing office

(971) 272-8904 ext. 2

Property Overview

This property receives a strong 8 out of 10 rating from Zumper, reflecting its excellent value and transparency. With a high amenities rating of 9, it offers desirable features like a balcony, private patio, and an attached garage. Located conveniently near top-rated schools, it ranks in the 75th percentile for value compared to similar properties, indicating a competitive price for its quality and location.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 164 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 164 has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Middle school nearby
  • Less expensive

Floor plans

3BR/2.5BA3 bed2.5 bath1,163 sqft$1,695 /mo1 unit availableWelcome to Homestead, where we value our tenants! Located in the charming city of Independence, OR. This spacious duplex features three generously sized bedrooms and 2.5 well-appointed bathrooms. The duplex is designed with modern LVP flooring downstairs, adding a touch of elegance to your living space. The master bedroom boasts a walk-in closet, providing ample storage for your belongings and balcony. An attached garage, ensuring your vehicle is safe and secure. Step outside to enjoy your private patio, perfect for outdoor dining or simply relaxing with a good book. The yard is a great space for outdoor activities. Experience the comfort and convenience of Homestead, where we put our tenants first! Schedule your viewing today, text 402.403.4284, email **** or schedule your own showing through our website! hsprops net *Special is subject to change.

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Amenities for 164

Apartment Amenities

BalconyPatio
Walk-in Closet

Appliances

In-Unit LaundryWasher and Dryer

Grounds

Outdoor Space

Services

Yard Care Provided
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
Building details

Property details

Units2
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About 164

HomeApartments in Independence 164

Welcome to Homestead, where we value our tenants! Located in the charming city of Independence, OR. This spacious duplex features three generously sized bedrooms and 2.5 well-appointed bathrooms. The duplex is designed with modern LVP flooring downstairs, adding a touch of elegance to your living space. The master bedroom boasts a walk-in closet, providing ample storage for your belongings and balcony. An attached garage, ensuring your vehicle is safe and secure. Step outside to enjoy your private patio, perfect for outdoor dining or simply relaxing with a good book. The yard is a great space for outdoor activities. Experience the comfort and convenience of Homestead, where we put our tenants first! Schedule your viewing today, text 402.403.4284, email **** or schedule your own showing through our website! hsprops net *Special is subject to change.


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.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 164 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 164 has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 164
Price·8A 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.
Scoring a 8/10, 164 is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
164 goes above and beyond to provide sought-after conveniences and desirable perks, including outdoor space. Renters looking for popular or luxurious features will find them here—and for that reason, 164 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.
164 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·6A 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 164 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.

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 164 compares to other nearby properties.

Positives

High school nearby
There is a high school 0.3 mile away
Middle school nearby
There is a middle school 1 mile away
Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
Walk-in closet
More closet space on average

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 Independence

3-bedroom apartments at 164 cost about 23% less than the average rent price for 3-bedroom apartments in Independence.

Median rents as of Oct 19 2025.
Independence
A table of studio rental data trends in Independence
MonthMedian Rent
January 2024$1,433
February 2024$1,411
March 2024$1,406
April 2024$1,382
May 2024$1,443
June 2024$1,445
July 2024$1,450
August 2024$1,442
September 2024$1,412
October 2024$1,411
November 2024$1,372
December 2024$1,350
January 2025$1,363
February 2025$1,388
March 2025$1,411
August 2025$1,485
September 2025$1,495
October 2025$1,475

Affordability calculator

Can I afford to live at 1480 Falcon Loop?

Bedrooms

3 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

$67,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $67,800 annually to afford this 3-bedrooms monthly rent price of $1,695.
For more information on rent affordability, visit our rent calculator.

Schools near 164

Ash Creek Elementary School

1360 n 16th st

monmouth, OR, 97361

K-5Public
C
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Internet available near 164

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Independence near 1480 Falcon Loop

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10
There are a few mass transit options within the area.

Points of interest for 1480 Falcon Loop, Independence

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

2/10
Few or no shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

4/10
No elementary schools within a 30-minute walk

High schools

8/10
At least one high school within a 20-minute walk

Nightlife

3/10
Few or no bars within walking distance

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