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440 Lancaster Dr SE

Salem, OR 97317 - Marion County

Apartment

1 beds

1 baths

About 440 Lancaster Dr SE

Welcome to 054-Lancaster Apartments, presented by Smi Property Management. We have several units available for lease. For more information and to schedule a showing, please contact us. W/S/G Included, Single Level, Spacious Floorplan, Ample On-Site Parking, Stove, Refrigerator, On-Site Laundry & W/s/g.

RentalSource last checked: June 4, 2026 · 4:55 PM ET

Last updated: May 4, 2026 at 4:34 PM ET

Managed by: SMI Property Management · (503) 585-6176

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$995
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	Inquire
Pet Friendly:	No
Listing Status:	Active
ID:	82854390

Property Amenities

• Refrigerator

Community Features

• Laundry Facilities

• Parking

Additional Details

Apartment for rent in Salem for $995 with 1 bed, 1 bath and located at 440 Lancaster Dr SE in Salem, OR 97317. The rental price of $995 is 21.0% ($265) lower than the average rent of $1,260 for a 1 bedroom apartment in Salem, OR and 22.0% ($280) lower than the average rent of $1,275 for a 1 bedroom apartment in Marion County. 440 Lancaster Dr SE was advertised by SMI Property Management on January 14, 2026 at 9:47 AM ET, last updated on May 4, 2026 at 4:34 PM ET and last checked today at 4:55 PM ET.

Affordability Calculator

Can I afford to live at 440 Lancaster Dr SE?

Bedrooms

1 bedroom

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

$39,800 /year

With your chosen rent-to-income ratio, an annual income of $39,800 is recommended to comfortably afford this 1-bedroom rental priced at $995 per month.

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

Apartment for rent

$995

Rent Affordability Calculator

Interested in 440 Lancaster Dr SE?

Find out more about this property & see if it's available now.

Property managed by:

SMI Property Management
(503) 585-6176

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

Ask About 440 Lancaster Dr SE

440 Lancaster Dr SE, Salem, OR 97317 - Apartment for Rent

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