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Studio Apartments for Rent in Independence, OR

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  • /71

    Starting at $1,411 Per Month

    • Studio - 3 Beds

    201 Deann Dr, Independence, OR 97351

    Welcome home to Riverplace Apartment Homes, where modern luxury meets small-town charm in the heart of Independence, Oregon. Nestled along the scenic Willamette River, our thoughtfully designed apartments offer the perfect blend of comfort, sophistication, and convenience. Experience superior amenities, top-tier services, and a prime location that keeps you connected to the best of the

    Riverplace Apartment Homes

    201 Deann Dr, Independence, OR 97351
  • /50

    Starting at $1,375 Per Month

    • Studio - 3 Beds

    375 Osprey Ln, Independence, OR 97351

    Independence Landing Apartments

    375 Osprey Ln, Independence, OR 97351
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    Starting at $1,380 Per Month

    • Studio - 2 Beds

    478 S Main St, Independence, OR 97351

    Experience the perfect blend of style and comfort in this beautifully designed open-concept 2-bedroom, 2-bath apartment at Hill’s Town Apartments. Each home features premium stainless-steel appliances, quartz countertops, and luxury wood-tone flooring. High ceilings, large windows, and an ultra-quiet floor system create a bright and peaceful atmosphere. Enjoy in-unit washer and dryer, efficient

    478 S Main St, Independence, OR 97351

Why Live in Independence

Independence, Oregon, is a small city set along the Willamette River, known for its rich history as the end of the historic Oregon Trail. The city is just 15 minutes from Salem and an hour from Portland, with easy access to the coast and mountains. Independence features a variety of housing styles, including spacious traditional homes, low-maintenance ranch-style houses, and early 20th-century Victorian homes with ornate detailing. Riverview Park, the largest of the city's four parks, offers a 3.1-mile path along the river, a campground, and an amphitheater hosting events like the River’s Edge Summer Movie and Concert Series. The Independence Dog Park provides a space for pets to play, with separate areas for large and small dogs. Downtown Main Street is bustling with boutiques, restaurants, and bars, including Silk Thai Cuisine and Jubilee Champagne & Dessert Bar. The city celebrates its heritage with events like the Hops & Heritage Festival, reflecting its past as the International Hops Capital of the World. The Monmouth-Independence Trolley offers free public transit between Independence and Monmouth. The Central School District serves the area, with schools that emphasize athletics and have produced notable graduates. With its mix of historic charm and modern amenities, Independence provides a unique living experience with plenty of things to do.

Frequently Asked Questions

How much does it cost to rent a home in Independence, OR?
The median rent for a home in Independence, OR is $2,125 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Independence, OR?
To comfortably afford the median rent in Independence, OR, a household needs to earn roughly $85,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,125 per month in Independence, OR, renters typically need to show $6,375 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Independence, OR?
In Independence, OR, the price-to-rent ratio is 16.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Independence, OR are best for renting a home?
The best neighborhood for renting in Independence, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Salem and Northwest Corvallis, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,125
Median Single Family Home Rent
$2,125
Median Townhouse Rent
$2,295
Median Condo Rent
$1,995
How to Rent a Home