16 Hours Ago
Highlights
- Spacious 1 bedroom
- Non-smoking building
- Large 1 bedroom
Location
314 Lafayette St, Salem, MA 01970, USA
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent BostonApartments for rent CambridgeApartments for rent SomervilleApartments for rent Spring HillApartments for rent Neighborhood NineApartments for rent MedfordApartments for rent Oak SquareApartments for rent Mid-CambridgeApartments for rent Back BayApartments for rent East CambridgeApartments for rent CommonwealthApartments for rent Fenway - Kenmore - Audubon Circle - LongwoodApartments for rent St. Elizabeth'sApartments for rent North AllstonApartments for rent RiversideApartments Near Me
Houses for rent BostonHouses for rent BrooklineHouses for rent CambridgeHouses for rent Washington SquareHouses for rent SomervilleHouses for rent MedfordHouses for rent NewtonHouses for rent LowellHouses for rent Watertown TownHouses for rent NashuaHouses for rent DedhamHouses for rent PawtucketvilleHouses for rent BelmontHouses for rent SalemHouses for rent MarbleheadHouses for rent near me
Property Overview
Park Towers, LLC features spacious one-bedroom and studio apartments in a non-smoking building, making it an appealing option for renters. With a Zumper expert rating of 7.9, it excels in amenities (9) and location (9), providing excellent value (8) and transparency (7) for potential residents. Additionally, it is conveniently located just 0.23 miles from a top-rated elementary school, further enhancing its desirability.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Elementary school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 650 sqft | $1,550 /mo | 1 unit available | Spacious 1 Bedroom - Walking distance to Salem state campus Large 1 Bedroom, Best Location Salem can offer #301 Location: 320 Lafayette st, Salem Rent: $1,550 Deposit: Last month $1550 + Security Deposit $1550 Move in Charges: $4600 Available Date: Beds: 1 Baths: 1 Pet: not allowed Features: Coin-Op Laundry on top level, Separate Kitchen with counter top, NO Parking Train Station -15 minute walk Non-Smoking Building Contact Harry at 781-254-2075. Text or Email is best. www parktowersllc com |
Let's explore this property.
Amenities for Park Towers, LLC
Apartment Amenities
| Water |
Appliances
| Garbage Disposal | Hood |
| Range | Refrigerator |
| Stove |
Building
| Sewer |
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
Building details
Property details
| Units | 46 |
|---|
Advertisement
About Park Towers, LLC
Spacious 1 Bedroom - Walking distance to Salem state campus Large 1 Bedroom, Best Location Salem can offer #301 Location: 320 Lafayette st, Salem Rent: $1,550 Deposit: Last month $1550 + Security Deposit $1550 Move in Charges: $4600 Available Date: Beds: 1 Baths: 1 Pet: not allowed Features: Coin-Op Laundry on top level, Separate Kitchen with counter top, NO Parking Train Station -15 minute walk Non-Smoking Building Contact Harry at 781-254-2075. Text or Email is best. www parktowersllc com
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.
7.9
/10
Very GoodPark Towers, LLC is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities 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.
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, Park Towers, 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·9A 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.
Park Towers, LLC goes above and beyond to provide sought-after conveniences and desirable perks, including garbage disposal. Renters looking for popular or luxurious features will find them here—and for that reason, Park Towers, LLC receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Park Towers, 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 Park Towers, 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·7A 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.
Park Towers, LLC provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking 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 Park Towers, LLC compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Salem
1-bedroom apartments at Park Towers, LLC cost about 30% less than the average rent price for 1-bedroom apartments in Salem.
Median rents as of Mar 14 2026.
Salem
| Month | Median Rent |
|---|---|
| March 2024 | $1,590 |
| 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 | $1,702 |
| October 2025 | $1,835 |
| November 2025 | $1,800 |
| December 2025 | $1,818 |
| January 2026 | $1,799 |
| February 2026 | $1,850 |
| March 2026 | $1,850 |
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
Lucretia and Joseph Brown School
40 baldwin rd
marblehead, MA, 1945
PK, K-3Public
A-
Salem Early Childhood
25 memorial dr
salem, MA, 1970
PKPublic
Bentley Academy Charter School
25 memorial dr
salem, MA, 1970
K-5Public
C-
Advertisement
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
Compare similar properties nearby
Residences @ Malden Station
Our team has verified this companyMalden Center • 138 Pleasant St
Studio
N/A
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.- cats ok
- dishwasher
- on-site laundry
182 Lafayette St
Studio
$1,599–$1,699
The price shown reflects a 12-month lease. Fees may apply.- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
Downtown Saugus • 832 Broadway
Studio
$1,949
The price shown reflects a 12-month lease. Fees may apply.- cats ok
- dishwasher
- on-site laundry
170 Maple St #310, Malden, MA, 02148
Our team has verified this company170 Maple St #310
1 Bed
$2,000
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.- cats ok
- dishwasher
- on-site laundry
246 Main St #1, Malden, MA, 02148
Our team has verified this companyBellrock • 246 Main St #1
1 Bed
$2,000
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.- cats ok
- dishwasher
- on-site laundry
24 Valley Rd
1 Bed
$1,499
The price shown reflects a 12-month lease. Fees may apply.- cats ok
- dishwasher
- on-site laundry
Eagle Hill • 155 Trenton St #3
1 Bed
$1,225
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.- cats ok
- dishwasher
- on-site laundry
Residences @ Malden Station
Our team has verified this companyMalden Center • 138 Pleasant St
Studio
N/A
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.- cats ok
- dishwasher
- on-site laundry
182 Lafayette St
Studio
$1,599–$1,699
The price shown reflects a 12-month lease. Fees may apply.- cats ok
- dishwasher
- on-site laundry
- cats ok
- dishwasher
- on-site laundry
Downtown Saugus • 832 Broadway
Studio
$1,949
The price shown reflects a 12-month lease. Fees may apply.- cats ok
- dishwasher
- on-site laundry
170 Maple St #310, Malden, MA, 02148
Our team has verified this company170 Maple St #310
1 Bed
$2,000
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.- cats ok
- dishwasher
- on-site laundry
246 Main St #1, Malden, MA, 02148
Our team has verified this companyBellrock • 246 Main St #1
1 Bed
$2,000
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.- cats ok
- dishwasher
- on-site laundry
24 Valley Rd
1 Bed
$1,499
The price shown reflects a 12-month lease. Fees may apply.- cats ok
- dishwasher
- on-site laundry
Eagle Hill • 155 Trenton St #3
1 Bed
$1,225
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.- cats ok
- dishwasher
- on-site laundry