21 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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Property Overview
510 Salem St. (Monon Place) is a highly rated community (overall 8.7/10) that delivers exceptional value for the price, a premier amenities package (10/10), and a convenient location (9/10) near groceries, dining, parks, and transit. With features like central air, ceiling fans, LVT plank floors, in-home washer and dryer, and furnished options, it supports fitness and wellness, an active social scene, pet-friendly living, and environmentally conscious choices, all backed by strong transparency and trust scores.
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.
Things you’ll love
Dishwasher- Images Available
- Laundry available on site
Great for
Pet owners
Eco living
Wellness
Floor plans
| Studio apartments downtown, convenient to West Lafayette | Studio | 1 bath | 400 sqft | $825 /mo | 1 unit available | ||
| 2 Bedroom 1 bath, north of downtown, convenient to West Lafayette | 2 bed | 1 bath | 760 sqft | $1,100 /mo | 1 unit available | ||
| 2 Bedroom 2 bath apartment, north of downtown, convenient to West Lafayette | 2 bed | 2 bath | 775 sqft | $1,175 /mo | 1 unit available |
Let's explore this property.
Amenities for 510 Salem St. (Monon Place)
Apartment Amenities
| Air Conditioning | Balcony |
| Ceiling Fan | Central Air Conditioning |
| Laminate Floors |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Refrigerator | Stove |
| Washer and Dryer |
Tech
| Electronic Entry |
Building
| Cats OK | Onsite Laundry |
Grounds
| Bike Rack |
Services
| Trash Removal | Water 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
| Units | 31 |
|---|
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About 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 GoodWith 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.
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:
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
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Lincoln
Studio apartments at 510 Salem St. (Monon Place) cost about 1% more than the average rent price for studios in Lincoln.
If you decide to upgrade your space, you can expect 2-bedrooms at 510 Salem St. (Monon Place) to be 3% more than the average for similarly sized apartments in Lincoln.
Median rents as of Apr 18 2026.
Lincoln
Lafayette
| Month | Median Rent |
|---|---|
| May 2024 | $850 |
| June 2024 | $779 |
| July 2024 | $812 |
| August 2024 | $839 |
| September 2024 | $830 |
| October 2024 | $794 |
| November 2024 | $885 |
| 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 | $879 |
| Month | Median Rent |
|---|---|
| December 2025 | $775 |
| February 2026 | $801 |
| March 2026 | $835 |
Affordability calculator
Can I afford to live at 510 Salem St?
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
$33,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this studio monthly rent price of $825.
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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Internet available near 510 Salem St. (Monon Place)
Getting around Lafayette near 510 Salem St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 510 Salem St, Lafayette
Groceries
5/10
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
5/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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