Zumper
modified
5+ Days Ago

Highlights

  • Quiet residential neighborhood
  • Utilities included
  • Residential neighborhood

Location

501 E Franklin St #1, Salisbury, NC 28144, USA

Tour 501 E Franklin St #1

Contact

Five Twenty Three Property Management

(844) 237-3767 ext. 5561

Property Overview

Set in a quiet residential neighborhood with utilities included, the home offers strong value for money, ranking in the top 20% locally. High‑speed internet, multiple provider options, and a low‑noise environment make it well suited for remote work. Twelve listing photos further help prospective renters quickly understand the space and features.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • Images Available

Great for

  • Work-from-home

Amenities for 501 E Franklin St #1

Features

Air ConditioningCentral Heat
HeatingUtilities Included
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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About 501 E Franklin St #1

Home 501 E Franklin St #1, Salisbury, NC 28144, USA

Room for Rent – Independent Living Housing Program Private furnished bedroom available in a clean, shared residential home as part of our Independent Living Housing Program. This home offers single-occupancy rooms with shared access to the kitchen, living room, and bathrooms. Utilities are included in the monthly rent (electricity, water, and internet). This housing option is designed for independent adults seeking affordable, stable housing in a structured and respectful living environment. Residents must be able to live independently and manage their own daily responsibilities. Home features: • Private furnished bedroom • Shared common areas • Utilities included • Washer and dryer access • Quiet, residential neighborhood Our Independent Living Housing Program provides stable shared housing for adults who are transitioning, rebuilding, or seeking affordable independent living accommodations.


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 501 E Franklin St #1 compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 1 mile away
Images Available
There are at least 10 photos of this address

Address details

Zip code28144
TypeRoom for rent

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Rent trends in Salisbury

1-bedroom apartments at 501 E Franklin St #1 cost about 11% less than the average rent price for 1-bedroom apartments in Salisbury.

Median rents as of Apr 18 2026.
Salisbury
A table of 1-bedroom apartment rental data trends in Salisbury
MonthMedian Rent
May 2024$775
June 2024$809
July 2024$760
August 2024$878
September 2024$970
October 2024$965
November 2024$951
December 2024$803
January 2025$600
February 2025$588
March 2025$729
April 2025$925
May 2025$950
June 2025$950
July 2025$1,035
August 2025$971
September 2025$968
October 2025$1,160
November 2025$1,054
December 2025$902
January 2026$921
February 2026$957
March 2026$950
April 2026$933

Affordability calculator

Can I afford to live at 501 E Franklin St #1?

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

$32,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.

Schools near 501 E Franklin St #1

Summit K-8 Virtual Academy

1636 parkview circle

salisbury, NC, 28144

K-8Public
C

Koontz Elementary School

685 east ritchie rd

salisbury, NC, 28146

PK, K-5Public
C

West Rowan Elementary

480 mimosa st

cleveland, NC, 27013

PK, K-5Public
B-

Davidson County K-12 Virtual Academy

250 county school rd

lexington, NC, 27292

1-8Public
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Internet available near 501 E Franklin St #1

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Salisbury near 501 E Franklin St #1

Walking

5/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 501 E Franklin St #1, Salisbury

Groceries

3/10
At least one supermarket within a 30-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 501 E Franklin St #1

Ralph Baker's Shoes
428 N Main St
Simply Good Natural Foods
128 E Innes St
Walmart Supercenter
323 S Arlington St
Food Lion
251 Faith Rd
ALDI
115 Avalon Dr

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