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modified
Updated 10 Hours Ago

Highlights

  • Ceiling fan
  • Central air conditioning
  • Washer, dryer
  • 2 pet limit
  • Lvt plank floors
  • Furnished

Location

510 Salem St, Lafayette, IN 47904, USA|Lincoln
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Tour 510 Salem St. (Monon Place)

Contact

Management

Sorola Properties

Leasing office

(765) 413-5885

Property Overview

510 Salem St. (Monon Place) stands out as a strong rental option with an 8.7 Zumper Expert Rating, especially for its top-tier amenities, solid location, and competitive value. It offers practical comforts like central air conditioning, in-unit washer and dryer, furnished interiors, LVT plank floors, and a ceiling fan, plus 24 photos and nearby conveniences that support pet friendliness, social life, sustainability, and fitness.

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

Zumper Expert Rating

8.7
Very Good
With a solid 8.7 out of 10 overall, 510 Salem St. (Monon Place) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 510 Salem St. (Monon Place) has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Dishwasher
  • Eco-friendly trash disposal
  • Images Available

Great for

  • Social life
  • Eco living
  • Pet owners

Floor plans

2 Bedroom 1 bath, north of downtown, convenient to West Lafayette2 bed1 bath760 sqft$1,100 /mo1 unit available

Let's explore this property.

Amenities for 510 Salem St. (Monon Place)

Apartment Amenities

Air ConditioningCeiling Fan
Central Air ConditioningLaminate Floors

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange
RefrigeratorStove
Washer and Dryer

Tech

Electronic Entry

Building

Cats OK

Grounds

Bike Rack

Services

Trash RemovalWater and Sewage

Neighborhood

Close To Downtown
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

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units31

About 510 Salem St. (Monon Place)

HomeApartments in LafayetteLincoln 510 Salem St. (Monon Place)

Monon Place is an apartment building on the corner of Salem St and N 4th St just as you are about to cross over the bridge into West Lafayette. It is convenient to Purdue and to downtown Lafayette. We have studios, 1 bedroom and 2 bedroom apartments. The apartments have LVT plank floors throughout many units, some contain carpet in the bedrooms. They have central air conditioning and a ceiling van in the living room. They are furnished with stove, refrigerator, dishwasher, microwave. There is a washer and dryer in all the 1 bedroom and 2 bedroom apartments. The studio apartments have access to onsite laundry facilities on each floor. There is a balcony for the 2nd and 3rd floor apartments and an electronic entry into the building for added security. Residents pay electric. Management pays water, sewage and trash. Pet Policy: Cats must be fixed, at least 6 months old and box trained. $20/month pet fee $300 refundable deposit/cat. 2 pet limit. No dogs allowed.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.7
/10
Very Good
With a solid 8.7 out of 10 overall, 510 Salem St. (Monon Place) is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 510 Salem St. (Monon Place) has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 510 Salem St. (Monon Place)
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
510 Salem St. (Monon Place) stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
510 Salem St. (Monon Place) stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—cats allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
510 Salem St. (Monon Place) is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 510 Salem St. (Monon Place) to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

510 Salem St. (Monon Place) is great for:

Social life

  • 117 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • Area has 13 parks and recreation options
  • 5 local event hubs within 1 mile

Eco living

  • 13 parks within a mile
  • Public transit available nearby
  • You can get around by foot in this area
  • On-site recycling or composting options

Pet owners

  • 3 pet supply stores near the property
  • 1 pet grooming service nearby
  • 1 pet hospital in the area

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 510 Salem St. (Monon Place) compares to other nearby properties.

Positives

Dishwasher
Dishwasher available in kitchen
Eco-friendly trash disposal
This property has recycling pickup
Images Available
There are at least 10 photos of this property
Laundry available on site
Washers and dryers are available in-building
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1.3 miles away
Greater distance from grade schools
The nearest elementary school is farther than 0.9 miles away
Distance from transit
More than 2.5 miles from public transportation

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Rent trends in Lincoln

2-bedroom apartments at 510 Salem St. (Monon Place) cost about 10% more than the average rent price for 2-bedroom apartments in Lincoln.

Median rents as of Oct 24 2026.
Lincoln
Lafayette
A table of studio rental data trends in Lafayette
MonthMedian Rent
November 2024$913
December 2024$955
January 2025$999
February 2025$993
March 2025$974
April 2025$875
May 2025$851
June 2025$893
July 2025$894
August 2025$839
September 2025$770
October 2025$773
November 2025$811
December 2025$900
January 2026$903
February 2026$899
March 2026$895
April 2026$872
May 2026$852
June 2026$841
July 2026$770
August 2026$780
September 2026$821
October 2026$778
A table of studio rental data trends in Lincoln
MonthMedian Rent
December 2025$775
February 2026$801
March 2026$835
August 2026$695
October 2026$696

Affordability calculator

Can I afford to live at 510 Salem St?

Bedrooms

2 bedrooms

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

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 2-bedrooms monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.

Schools near 510 Salem St. (Monon Place)

Thomas Miller Elementary School

700 s 4th st

lafayette, IN, 47905

K-4Public
C+

Bauer Family Resource - Copper Gate

3130 coppergate circle

lafayette, IN, 47909

PKPublic
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Getting around Lafayette near 510 Salem St

Walking

4/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

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

Points of interest for 510 Salem St, Lafayette

Groceries

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

Shopping

5/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

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

High schools

8/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

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