2 Bed / 1 Bath Unit 4460
$1,261/mo
826 ft² · $1.53/ft²
Base rent
Available: Now
Updated
Lancaster Terrace
2.8 (9 reviews)
Official Website
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2
Units Listed
$1,261
Starting at
$1,358
Average
$1,455
Highest
$1.45
Per Sq Ft
How does this compare? View Salem 97305 rent trends
Beds
Pricing by Bedroom
2 Bed
$1,261
from $1,261 · 1 units
~826 sqft avg
3 Bed
$1,455
from $1,455 · 1 units
~1,047 sqft avg
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Timeframe
Property Price Trend
History follows your bedroom selection. Current rent limits and move-in dates do not change past averages.
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: stated by the property itself
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).
Est. Monthly Revenue
$122K
$1.5M annual run rate
Est. Occupancy
98%
of about 104 units (reported building size)
Effective Rent on New Leases
$1,194
vs $1,358 current asking ($164 negotiation gap)
Recent Lease Activity
7 units tracked; 5 assumed leased, 2 listed nowSee which units leased, when they left the market, and the rent they leased at.
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How is this calculated?
Negotiation Leverage Score (0-100)
Based on 5 observable signals from the property's listing data:
- +30 pts: 15+ units currently listed
- +25 pts: Active move-in specials
- +20 pts: Deep discounts (>$150/mo off)
- +15 pts: 5+ distinct floor plans
- +10 pts: 25+ units listed
All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.
Listed Units
2
Limited availability
2 floor plans
Move-in Specials
0
No active promotions
Negotiation Leverage
Limited leverage
The available listings show few signs of room to negotiate.
Price vs. Salem, OR
Similar Lancaster Terrace $1,261
Village East Apartments Comparing this building against 1 similar Salem, OR apartments by price. Click any bar to view that building.
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Available Units
Select a unit to see its price history and link to the rental site.
3 Bed / 2 Bath Unit 4445
$1,455/mo
1,047 ft² · $1.39/ft²
Base rent
Available: Now
| Unit | Floor Plan | Details | |||||
|---|---|---|---|---|---|---|---|
| 4460 | | 2bd / 1ba | 826 | $1,261 Base rent | $1.53 | Now | |
| 4445 | | 3bd / 2ba | 1,047 | $1,455 Base rent | $1.39 | Now | |
Unit Details
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Garages and parking
Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.
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Resident Notes & Access Codes
Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Salem, OR notes
No resident notes for this property yet.
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Salem 97305 Rent Trends
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