16 Hours Ago
Location
314 Lafayette St, Salem, MA 01970, USA
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Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 550 sqft | $1,550 /mo | 1 unit available | Spacious 1 Bedroom - recently renovated Large 1 Bedroom, Best Location Salem can offer #505 Location: 320 Lafayette st, Salem Rent: $1,550 Available Date: February 1st Beds: 1 Baths: 1 Pet: not allowed Tenant pays Electric to National grid @ 1-800-322-3223 Electric must be on before moving in Tenant Pays First Month/ Last Month/ Deposit Before moving in Non-Smoking Building Features: Coin-Op Laundry on top level, Separate Kitchen with counter top, Train Station -15 minute walk Non-Smoking Building Contact Harry at 781-254-2075. Text or Email is best. |
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Amenities for Park Towers, LLC
Appliances
| Dishwasher | Garbage Disposal |
| Range | Refrigerator |
| Stove |
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
Contact for more information on pet policy.
Building details
Property details
| Units | 46 |
|---|
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About Park Towers, LLC
Spacious 1 Bedroom - recently renovated Large 1 Bedroom, Best Location Salem can offer #505 Location: 320 Lafayette st, Salem Rent: $1,550 Available Date: February 1st Beds: 1 Baths: 1 Pet: not allowed Tenant pays Electric to National grid @ 1-800-322-3223 Electric must be on before moving in Tenant Pays First Month/ Last Month/ Deposit Before moving in Non-Smoking Building Features: Coin-Op Laundry on top level, Separate Kitchen with counter top, Train Station -15 minute walk Non-Smoking Building Contact Harry at 781-254-2075. Text or Email is best.
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 Park Towers, LLC compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Salem
1-bedroom apartments at Park Towers, LLC cost about 28% less than the average rent price for 1-bedroom apartments in Salem.
Median rents as of Sep 27 2025.
Salem
| Month | Median Rent |
|---|---|
| October 2023 | $1,900 |
| February 2024 | $1,550 |
| March 2024 | $1,563 |
| April 2024 | $1,648 |
| 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 | $1,683 |
Affordability calculator
Can I afford to live at 314 Lafayette St?
Bedrooms
1 bedroomRent-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
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 1-bedroom monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.
Schools near Park Towers, 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
Witchcraft Heights Elementary School
1 frederick st
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 Park Towers, LLC
Getting around Salem near 314 Lafayette St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 314 Lafayette St, Salem
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
4/10
No high schools within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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