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116 Lafayette St
116 Lafayette St, Salem, MA 01970, USA

Condo for rent
Monthly rent
$1,250–$1,450The price shown reflects a 12-month lease. Fees may apply.
Beds1
Baths1–5
Sqft130–140
modified
5+ Days Ago

Highlights

  • all utilities included
  • utilities included
  • management on site
  • private bathroom
  • private and shared bathrooms

Units

116 Lafayette St Salem, MA

Available

1 Bed, 5 Baths

1 Bed

5 Baths

$1,250

Listed on 04/08/2026
Days on market: 28
We offer private room rentals with all utilities included. We have units with both private and shared bathrooms. There is management on site and laundry on the first floor. Lease terms are month to month.

Available

1 Bed, 1 Bath

1 Bed

1 Bath

$1,450

Listed on 04/08/2026
Days on market: 28
We offer private room rentals with all utilities included. We have units with both private and shared bathrooms. There is management on site and laundry on the first floor. Lease terms are month to month. This is a private room with a private bathroom in unit. All utilities are included in the rent.

Amenities for 116 Lafayette St

Some units at this address have these amenities. View unit details for more information.

Building
  • On-Site Laundry
  • On-Site Management
Unit Amenities
  • On-Site Laundry

Policies at 116 Lafayette St

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 116 Lafayette St

HomeApartments in SalemDowntown Salem 116 Lafayette St, Salem, MA 01970, USA

Visit 116 Lafayette St in the heart of Downtown Salem, MA, and discover a unique rental opportunity. This intimate property consists of 2 units, offering a cozy 1-bedroom floorplan with approximately 130-140 square feet of living space. Enjoy the convenience of all utilities included and on-site management for a hassle-free living experience. Each unit features a private bathroom, and some also offer a shared bathroom option. Take advantage of the on-site laundry facilities for added convenience. This property is ideal for those seeking a long-term rental in a great location. Sorry, no pets allowed. With its prime downtown location, this property is a great choice for those who want to be close to the action.

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Address details

Units2
Units available2
Neighborhood
City
Zip code01970

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 116 Lafayette St, Salem, MA 01970, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Middle school nearby
There is a middle school 0.2 mile away
Images available
There are at least 10 photos of this address

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Rent trends in Salem

1-bedroom apartments here are priced 31% lower than 1-bedrooms in Downtown Salem.

Median rents as of May 2 2026.
Downtown Salem
Salem
A table of 1-bedroom apartment rental data trends in Salem
MonthMedian Rent
May 2024$2,333
June 2024$2,219
July 2024$2,160
August 2024$2,098
September 2024$2,098
October 2024$2,086
November 2024$2,059
December 2024$2,095
January 2025$2,162
February 2025$2,209
March 2025$2,200
April 2025$2,203
May 2025$2,232
June 2025$2,213
July 2025$2,190
August 2025$2,178
September 2025$2,150
October 2025$2,150
November 2025$2,152
December 2025$2,067
January 2026$1,970
February 2026$2,054
March 2026$2,210
April 2026$2,312
May 2026$2,300
A table of 1-bedroom apartment rental data trends in Downtown Salem
MonthMedian Rent
May 2024$2,500
June 2024$2,385
July 2024$2,000
August 2024$2,030
October 2024$1,995
February 2025$2,200
March 2025$2,200
June 2025$2,262
July 2025$1,925
August 2025$1,937
December 2025$1,750
January 2026$1,750
February 2026$2,200
March 2026$2,200
April 2026$2,009
May 2026$1,950

Affordability calculator

Can I afford to live at 116 Lafayette St?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$54,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 1-bedroom median monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 116 Lafayette St, Salem, MA.
Last month$1,250Studio1 bath
Last month$1,2501 bed5 bath

Schools near 116 Lafayette St

Saltonstall School

211 lafayette st

salem, MA, 1970

K-8Public
C+

Bentley Academy Charter School

25 memorial dr

salem, MA, 1970

K-5Public
C-

Salem Early Childhood

25 memorial dr

salem, MA, 1970

PKPublic

Carlton Elementary School

10 skerry st

salem, MA, 1970

K-5Public
B-

Horace Mann Laboratory School

79 willson st

salem, MA, 1970

PK, K-5Public
C
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Getting around Salem near 116 Lafayette St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 116 Lafayette St, Salem

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

5/10
Some bars within a few minutes’ walk

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