5+ Days Ago
Highlights
- Patio
- Refrigerator, dishwasher
- No smoking/vaping
Location
515 W Oak St, Lebanon, OR 97355, USA
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Property Overview
R248 offers strong overall value with a 7.7/10 expert rating, highlighted by excellent pricing (8/10) and a premier amenities package (8/10) including a patio, refrigerator, dishwasher, and a no smoking/vaping policy. Its 9/10 location rating reflects exceptional convenience to schools and key destinations, with top-rated elementary and high schools less than about half a mile away. Ranking in the 93.33rd percentile for value for money and supported by a solid 7/10 trustworthiness score, R248 provides a transparent and competitively positioned rental option.
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.
Things you’ll love
Less expensive- High school nearby
- Laundry available on site
Floor plans
| R248 - 42 | 2 bed | 1.5 bath | $1,150 /mo | 1 unit available | Perfect Size 2 bedroom, 1.5 bath 2 level apartment. Rent: $1,150 per month. Security Deposit: $2,000 6 month or 1 year lease No Pets, No Smoking/Vaping Tenant Pays Electrical. W/S/G Paid. Rental Features Refrigerator, Dishwasher, Patio, Stove/oven, Heat - electric Coin Laundry room on site 1 Parking Spot, Additional Street Parking Application Fees: $50 per adult, 18 yrs and older; Co-signer: $50 Security Deposit: 2x monthly rent (minimum upon approved credit) Background and Credit Check Income Qualifications Apply - 3x time rent Go to HUBCITYPM. COM for more information and to apply. Managed by Hub City Property Management |
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Amenities for R248
Building
| Onsite Laundry |
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
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About R248
Perfect Size 2 bedroom, 1.5 bath 2 level apartment. Rent: $1,150 per month. Security Deposit: $2,000 6 month or 1 year lease No Pets, No Smoking/Vaping Tenant Pays Electrical. W/S/G Paid. Rental Features Refrigerator, Dishwasher, Patio, Stove/oven, Heat - electric Coin Laundry room on site 1 Parking Spot, Additional Street Parking Application Fees: $50 per adult, 18 yrs and older; Co-signer: $50 Security Deposit: 2x monthly rent (minimum upon approved credit) Background and Credit Check Income Qualifications Apply - 3x time rent Go to HUBCITYPM. COM for more information and to apply. Managed by Hub City Property Management
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, R248 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, R248 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.
R248 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, R248 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.
R248 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 R248 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
R248 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking 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 R248 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- 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 Lebanon
2-bedroom apartments at R248 cost about 25% less than the average rent price for 2-bedroom apartments in Lebanon.
Median rents as of Mar 28 2026.
Lebanon
| Month | Median Rent |
|---|---|
| May 2024 | $1,375 |
| June 2024 | $1,070 |
| July 2024 | $999 |
| August 2024 | $998 |
| September 2024 | $998 |
| October 2024 | $999 |
| November 2024 | $1,000 |
| December 2024 | $997 |
| January 2025 | $999 |
| February 2025 | $1,000 |
| March 2025 | $1,000 |
| December 2025 | $995 |
| January 2026 | $965 |
| February 2026 | $916 |
| March 2026 | $895 |
Affordability calculator
Can I afford to live at 515 W Oak St?
Bedrooms
2 bedroomsRent-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
$46,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $46,000 annually to afford this 2-bedrooms monthly rent price of $1,150.
For more information on rent affordability, visit our rent calculator.
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Internet available near R248
Neighborhood
Getting around Lebanon near 515 W Oak St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 515 W Oak St, Lebanon
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-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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