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401 Madrona Ave SE

Salem, OR 97302 - Marion County

Apartment

2 beds

1 baths

990 sqft

About 401 Madrona Ave SE

Limited Time Rent Special. Stunningly Updated 2-Bedroom Apartment - Move-In Ready. Step into comfort and style with this beautifully updated 2 Bedroom, 1 Bath apartment offering approximately 1,000 sq. ft. of thoughtfully designed living space. Located on the second level, this home blends modern finishes with a functional layout perfect for both relaxing and entertaining. You can relax knowing that your needs are met with on-site laundry facilities. Plus, enjoy being just minutes away from markets, shopping centers, dining and everyday conveniences - everything you need is right around the corner.

RentalSource last checked: June 4, 2026 · 3:44 PM ET

Last updated: June 3, 2026 at 4:46 PM ET

Managed by: Place 2B Properties · (503) 362-0030 · Appfolio

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,225
Bedrooms:	2 beds
Bathrooms:	1 baths

Size:	990 sqft
Pet Friendly:	No
Listing Status:	Active
ID:	83152446

Community Features

• Laundry Facilities

Additional Details

Apartment for rent in Salem for $1,225 with 2 beds, 1 bath, 990 sqft and located at 401 Madrona Ave SE in Salem, OR 97302. The rental price of $1,225 is 17.2% ($255) lower than the average rent of $1,480 for a 2 bedroom apartment in Salem, OR and 19.8% ($302) lower than the average rent of $1,527 for a 2 bedroom apartment in Marion County. 401 Madrona Ave SE was advertised by Place 2B Properties on February 28, 2026 at 9:08 AM ET, last updated yesterday at 4:46 PM ET and last checked today at 3:44 PM ET.

Affordability Calculator

Can I afford to live at 401 Madrona Ave SE?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$49,000 /year

With your chosen rent-to-income ratio, an annual income of $49,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,225 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$1,225

Rent Affordability Calculator

Interested in 401 Madrona Ave SE?

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Property managed by:

Place 2B Properties
(503) 362-0030

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.