Zumper
modified
1 Day Ago

Highlights

  • Onsite laundry
  • Ample closets
  • Convenient location
  • Off street parking
  • Spacious living area
  • Beautiful hardwood floors

Location

176 Lafayette St, Salem, MA 01970, USA
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Contact

Management

Northfield Properties, LLC.

Leasing office

(978) 641-3653

Property Overview

Residences at Lafayette LLC offers strong overall value with a 7.8/10 expert rating, highlighted by excellent pricing, a robust amenities package, and a highly convenient 9/10 location close to well-rated elementary and middle schools. Residents benefit from spacious living areas, beautiful hardwood floors, ample closets, onsite laundry, and off-street parking, all in a competitively priced building. The property is also particularly appealing for pet owners, with pet-friendly flooring and numerous nearby pet services, and is supported by transparent, trustworthy listing information.

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

7.8
Very Good
Residences at Lafayette LLC is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Elementary school nearby
  • Middle school nearby
  • Less expensive

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath450 sqft$1,850 /mo1 unit available✨ Stylish Salem Apartment in Prime Location! Open-concept kitchen w/ gas stove Beautiful hardwood floors throughout Spacious living area + ample closet space Ceramic tile bathroom Heat & hot water included Laundry onsite + off-street parking Cats welcome* | Non-smoking building For more information or to schedule a tour: Jolene Griffin

Let's explore this property.

Amenities for Residences at Lafayette LLC

Apartment Amenities

Heat, Hot Water

Appliances

RangeRefrigerator
Stove

Building

Cats OK
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

Units14
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About Residences at Lafayette LLC

HomeApartments in Salem Residences at Lafayette LLC

✨ Stylish Salem Apartment in Prime Location! Open-concept kitchen w/ gas stove Beautiful hardwood floors throughout Spacious living area + ample closet space Ceramic tile bathroom Heat & hot water included Laundry onsite + off-street parking Cats welcome* | Non-smoking building For more information or to schedule a tour: Jolene Griffin


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.
7.8
/10
Very Good
Residences at Lafayette LLC is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Residences at Lafayette LLC
Price·8A 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.
Scoring a 8/10, Residences at Lafayette LLC is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A 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.
With multiple in-demand amenities, Residences at Lafayette LLC is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Residences at Lafayette LLC 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·6A 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 Residences at Lafayette LLC does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.

Residences at Lafayette LLC is great for:

Pet owners

  • Tile, vinyl or hardwood floors
  • 2 dog parks within 1 mile
  • 10 pet supply stores near the property
  • 3 pet hospitals 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 Residences at Lafayette LLC compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
Middle school nearby
There is a middle school 0.3 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby

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Rent trends in Salem

1-bedroom apartments at Residences at Lafayette LLC cost about 20% less than the average rent price for 1-bedroom apartments in Salem.

Median rents as of Apr 25 2026.
Salem
A table of studio rental data trends in Salem
MonthMedian Rent
May 2024$1,858
June 2024$1,940
July 2024$1,781
August 2024$1,837
September 2024$1,862
October 2024$1,868
November 2024$1,825
December 2024$1,591
January 2025$1,556
February 2025$1,600
March 2025$1,630
April 2025$1,712
May 2025$1,675
June 2025$1,681
July 2025$1,650
August 2025$1,866
September 2025$1,702
October 2025$1,835
November 2025$1,800
December 2025$1,818
January 2026$1,799
February 2026$1,850
March 2026$1,868
April 2026$1,975

Affordability calculator

Can I afford to live at 176 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

$74,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $74,000 annually to afford this 1-bedroom monthly rent price of $1,850.
For more information on rent affordability, visit our rent calculator.

Schools near Residences at Lafayette LLC

Saltonstall School

211 lafayette st

salem, MA, 1970

K-8Public
C+

Horace Mann Laboratory School

79 willson st

salem, MA, 1970

PK, K-5Public
C

Salem Early Childhood

25 memorial dr

salem, MA, 1970

PKPublic

Bentley Academy Charter School

25 memorial dr

salem, MA, 1970

K-5Public
C-

Carlton Elementary School

10 skerry st

salem, MA, 1970

K-5Public
B-
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Internet available near Residences at Lafayette LLC

Getting around Salem near 176 Lafayette St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is close to freeways and has adequate parking options.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 176 Lafayette St, Salem

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

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

High schools

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

Parks

9/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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