

Two Bedroom Apartment in South Salem with New Carpet!
📍 247 Madrona Ave SE - 120, Salem, OR 97302
Monthly Rent
$1,345
Bedrooms
2 bd
Bathrooms
2 ba
Sq Feet
948 sq ft
📋 Property Overview
Spacious two bedroom, two bathroom apartment with washer/dryer hook-up. Unit is close to Salem Heights Elementary and shopping. This unit is on the first floor. Tenant pays all utilities, except water, sewer, and garbage. Minimum one year lease. No pets No smoking Schools - Salem Heights Elem., Crossler MS, Sprague HS NEXT STEP:, to set up a showing of this rental. ...
🛡️ Renters Insurance — Estimated Cost
Estimated range for Oregon at $20,000 – $24,999 of personal property
About $161–$171 a year.
Based on what Oregon renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 399,820 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.
Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.
Compare what companies charge and get a real quote❓ Frequently Asked Questions
$1,345
per month
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