Highlights
Zero Deposit
- Hardwood floors
- White cabinetry
- Onsite laundry
- Stainless steel appliances
- Gas stove
- Non-smoking building
Location
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Property management
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157 Lafayette Street Salem, MA 01970 offers strong overall value with an 8.6 Zumper Expert Rating, backed by excellent scores for price, amenities, and location. It features hardwood floors, onsite laundry, ample closets, a spacious living area, non-smoking policies, and street parking, while also standing out for nearby pet services and solid proximity to top-rated elementary and middle schools.
Things you’ll love
Great for
| 0BR/1.0BA | Studio | 1 bath | 430 sqft | $1,850 /mo | 1 unit available | Renovated Studio Apartment in Downtown Salem ✨ $500 Security Deposit with Good Credit AND 6-WEEKS FREE RENT* *Must sign a 12-month lease prior to June 30th, 2026 Beautiful studio featuring hardwood floors, stainless steel appliances, white cabinetry, gas stove, decorative fireplace, and bright natural lighting throughout. Spacious living area with ample closet space and built-in dresser/vanity. Laundry onsite Cats welcome Non-smoking building Convenient to downtown Salem, restaurants, shops, and public transportation. Breed Restrictions & Weight Limits Apply Move-In Options: Obligo offers renters flexible alternatives to traditional security deposits, including no deposit, reduced deposit, or installment options, while ensuring landlords remain protected. FLEX Rent is a payment solution that allows tenants to split their monthly rent into smaller, more manageable installments instead of paying the full amount upfront. For more information or to schedule a tour: Jolene Griffin 978-641-3653 **** We are an Equal Housing Opportunity provider and do not discriminate on the basis of race, color, national origin, religion, sex, disability, familial status, age, military status, gender identity, sexual orientation, marital status, or receipt of public assistance, including housing vouchers. |
Let's explore this property.
Apartment Amenities
| Heat, Hot Water |
Appliances
| Range | Refrigerator |
Building
| Cats OK |
Grounds
| Stove and Refrigerator |
One-time.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 16 |
|---|
Renovated Studio Apartment in Downtown Salem ✨ $500 Security Deposit with Good Credit AND 6-WEEKS FREE RENT* *Must sign a 12-month lease prior to June 30th, 2026 Beautiful studio featuring hardwood floors, stainless steel appliances, white cabinetry, gas stove, decorative fireplace, and bright natural lighting throughout. Spacious living area with ample closet space and built-in dresser/vanity. Laundry onsite Cats welcome Non-smoking building Convenient to downtown Salem, restaurants, shops, and public transportation. Breed Restrictions & Weight Limits Apply Move-In Options: Obligo offers renters flexible alternatives to traditional security deposits, including no deposit, reduced deposit, or installment options, while ensuring landlords remain protected. FLEX Rent is a payment solution that allows tenants to split their monthly rent into smaller, more manageable installments instead of paying the full amount upfront. For more information or to schedule a tour: Jolene Griffin 978-641-3653 **** We are an Equal Housing Opportunity provider and do not discriminate on the basis of race, color, national origin, religion, sex, disability, familial status, age, military status, gender identity, sexual orientation, marital status, or receipt of public assistance, including housing vouchers.
How 157 Lafayette Street Salem, MA 01970 compares to other nearby properties.
Positives
Considerations
studio apartments at 157 Lafayette Street Salem, MA 01970 cost about the same as the average rent price for studio apartments in Salem.
| Month | Median Rent |
|---|---|
| July 2024 | $1,750 |
| 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 |
| May 2026 | $1,855 |
| June 2026 | $1,850 |
Can I afford to live at 157 Lafayette St?
Bedrooms
StudioRent-to-income ratio
30%
$74,000/yr
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