Willamette Terrace Apartments
357 Owens St S,
Salem, OR 97302
$1,050 - $1,800
1-3 Beds
Area Guide
Willamette University Salem, OR
The school that laid the groundwork for higher education on the West Coast
Private
•
Liberal Arts
•
Historic
Positioned right next door to the Oregon State Capitol in Downtown Salem, Willamette University is a legendary school that helped establish the West Coast’s proud tradition of academic excellence. Serving the people of Oregon since 1842, this historic institution is the oldest university in the western United States. A small population of fewer than 3,000 students reaps the benefits of a first-rate liberal arts education, with noteworthy programs dedicated to law, management, and education. Thanks to the close proximity to the state capitol building, students are also able to see the inner workings of Oregon’s government first-hand. The area surrounding Willamette University is filled with great ways to spend your off-time. Downtown Salem sits just to the west, offering a wide range of terrific restaurants, bars, coffeehouses, specialty shops, theaters, and music venues. Riverfront City Park provides excellent scenic views of the Willamette River, just a short walk from the university. To the east, State Street is lined with popular hangouts, including an eclectic array of dining options perfect for an off-campus lunch. The nearby neighborhoods contain a diverse selection of apartments, houses, and condos easily within walking distance.
Rent Trends
As of July 2026, the average apartment rent in Salem, OR is $1,238 for a studio, $1,199 for one bedroom, $1,404 for two bedrooms, and $1,862 for three bedrooms. Apartment rent in Salem has decreased by 0.0% in the past year.
-
Studio
-
459 sq ft
Average Sq Ft
-
$1,238/month
Average Rent
-
1 BR
-
659 sq ft
Average Sq Ft
-
$1,199/month
Average Rent
-
2 BR
-
915 sq ft
Average Sq Ft
-
$1,404/month
Average Rent
-
3 BR
-
1,147 sq ft
Average Sq Ft
-
$1,862/month
Average Rent
Learn More About Willamette University
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Willamette University - Salem, OR (University) is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Some Public Transit
Transit
40
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Daily Essentials
In Willamette University - Salem, OR (University), daily errands are quick and hassle-free.
Supermarket Within a 10 Minute Walk
Groceries
80
/ 100
Great Restaurant Variety Nearby
Restaurants
80
/ 100
Good Café Variety Nearby
Cafes
70
/ 100
Good Variety of Shops Nearby
Shopping
70
/ 100
Recreation
Willamette University - Salem, OR (University) provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
80
/ 100
Good Wellness Amenity Variety Nearby
Wellness
60
/ 100
Local Vibe
Get a sense of what it’s like to live in Willamette University - Salem, OR (University) from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
40
/ 100
Great Nightlife Variety Nearby
Nightlife
80
/ 100
Fairly Noisy
Quiet Score
70
/ 100
Scores provided by
Schools
Public
Grades K-5
150 Students
Public
Grades K-5
344 Students
Public
Grades K-5
311 Students
Public
Grades K-5
304 Students
Public
Grades K-5
255 Students
Public
Grades 6-8
188 Students
Jane Goodall Environmental Middle Charter School
Public
Grades 6-8
96 Students
Public
Grades 6-8
810 Students
Public
Grades 6-8
735 Students
Public
Grades K-8
225 Students
Public
Grades 9-12
1,779 Students
Public
Grades 9-12
1,606 Students
Public
Grades 9-12
2,256 Students
Public
Grades 9-12
2,239 Students
Public
Grades 9-12
2,380 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Bush's Pasture Park
- Straub Environmental Learning Center
- A.C. Gilbert's Discovery Village
- Eola Bend Park
- Minto Island Park
Commuter Rail
Top Apartments Near Willamette University
Houses Near Willamette University
Search Nearby Rentals
Nearby City Rentals
Nearby Neighborhood Rentals
Methodology
† 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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.