Riverplace Apartment Homes
201 DeAnn Dr,
Independence, OR 97351
$1,299 - $2,271
Studio - 3 Beds
Embrace the small-town Pacific Northwest experience in Monmouth/Independence. Situated in the Willamette Valley, just 15 miles southwest of Salem, this large neighborhood contains the cities of Monmouth and Independence, as well as the surrounding rural areas. A drive through Monmouth/Independence takes you past sleepy residential streets and well-preserved stone facades from the area's early days. Don't let the peace fool you — the community bursts with festivals and events. In the summer, check out Western Days and the Rivers Edge Summer Series, or sample locally-brewed beers at the Hop & Heritage Festival. When the snow falls, residents look forward to the tree-lighting at the Hometown Holiday Festival. Stay close to the action with an apartment in downtown Monmouth or downtown Independence. Monmouth locals congregate for pesto chicken pizza and craft beer at Yeasty Beasty; in Independence, try the famous duck confit and bacon sandwich at the Three Legged Dog Public House. For a private piece of paradise, look for homes near the farm fields and forested hills outside of city limits.
As of March 2026, the average apartment rent in Monmouth/Independence is $1,215 for a studio, $1,339 for one bedroom, $1,451 for two bedrooms, and $1,812 for three bedrooms. Apartment rent in Monmouth/Independence has increased by 0.6% in the past year.
Studio
488 sq ft
Average Sq Ft
$1,215/month
Average Rent
1 BR
630 sq ft
Average Sq Ft
$1,339/month
Average Rent
2 BR
880 sq ft
Average Sq Ft
$1,451/month
Average Rent
3 BR
1,160 sq ft
Average Sq Ft
$1,812/month
Average Rent
Current Resident
1 years and 11 months ago•Niche Review
We love our town! They do an excellent job providing family friendly things for our family to do! We love music in the park and summer activities.
Current Resident
2 years and 7 months ago•Niche Review
Currently an Indy resident. Absolutely love living in a small town. The attention to detail has been evident in maintaining a picturesque small town energy.
Current Resident
4 years and 2 months ago•Niche Review
It's a very small town, but there's lot of nice people here and a great sense of community. Independence is also close by to Salem so even though there aren't a lot of activities here, Salem makes up for that as a 20 minuet drive away.
Current Resident
7 years and 7 months ago•Niche Review
I love that it is a small town, and everyone knows each other. The hometown feel is great, but I would love if we had expansion in this town. More job opportunities, and businesses to help small families with their income.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.