Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Keyless entry
  • Private conference room
  • Quartz countertops
  • Open concept kitchens
  • Stainless-steel appliances
  • 24-hr fitness room

Location

581 Salem St, Wakefield, MA 01880, USA
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Contact

Management

CPS Management LLC

Leasing office

(781) 779-4816

Property Overview

The Residence at 581 Salem St features an expert rating of 8.4, highlighting its appeal for renters, while its price rating of 9 indicates a strong value relative to its extensive amenities, rated a perfect 10. With a location score of 9, residents enjoy convenient access to transportation and local services. Additionally, the property is noted for its pet-friendly environment, supported by nearby pet-related services, and offers modern features like keyless entry and stainless-steel appliances.

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

8.4
Very Good
With a solid 8.4 out of 10 overall, The Residence at 581 Salem St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Residence at 581 Salem St has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • Elevator
  • Images Available

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath800 sqft$2,850 /mo1 unit availableIf you enjoy comfort and convenience, you have found the right home. 581 Salem St is now offering newly constructed large luxury apartment homes with best in class fit and finish. The Residence at 581 Salem St offer contemporary-modern floor plans featuring open concept kitchens with quartz countertops and stainless-steel appliances, as well as in unit washer/dryer. Specifically designed with energy efficiency in mind, each apartment home will offer multizone heating and cooling with modern technology built in and around the community. Easy access to 95, Commuter Rail, Market Streeting Shopping, Trails, Golf and more.

Let's explore this property.

Amenities for The Residence at 581 Salem St

Apartment Amenities

Energy EfficientHardwood Floor

Appliances

DishwasherFridge
In-Unit LaundryMicrowave
RangeRefrigerator
StoveWasher and Dryer

Building

Cats OKConference Room
Dogs OKElevator
Fitness CenterPackage Room

Grounds

Off-Street Parking

Services

Multi Zone Heating and CoolingPackage Service
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

Dog policy

Allowed 
Limit1

Cat policy

Allowed 
Limit1
Building details

Property details

Units19
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About The Residence at 581 Salem St

HomeApartments in Wakefield The Residence at 581 Salem St

If you enjoy comfort and convenience, you have found the right home. The Residence at 581 Salem St is now offering large new luxury apartment homes with best in class fit and finish. The Salem St apartments offer contemporary-modern floor plans featuring open concept kitchens with quartz countertops and stainless-steel appliances. Specifically designed with energy efficiency in mind, each apartment home will offer multizone heating and cooling with modern technology built in and around the community such as keyless entry, digital intercom system and app enabled home implements. Community amenities you can look forward to include 24-hr fitness room, private conference room and package room just to name a few. Easy access to 95, Commuter Rail, Market Street Shopping Plaza, Trails, and Lake Quannapowitt.


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, The Residence at 581 Salem St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Residence at 581 Salem St has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated The Residence at 581 Salem St
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.
The Residence at 581 Salem St 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.
The Residence at 581 Salem St 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—pets 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.
The Residence at 581 Salem St 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 The Residence at 581 Salem St 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.
The Residence at 581 Salem St 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.

The Residence at 581 Salem St is great for:

Pet owners

  • 3 pet supply stores near the property
  • 1 pet hospital 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 The Residence at 581 Salem St compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery
Pet friendly
This property allows pets
Walk-in closet
More closet space on average

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Rent trends in Wakefield

1-bedroom apartments at The Residence at 581 Salem St cost about 8% more than the average rent price for 1-bedroom apartments in Wakefield.

Median rents as of Sep 6 2025.
Wakefield
A table of 1-bedroom apartment rental data trends in Wakefield
MonthMedian Rent
September 2023$2,050
October 2023$2,143
November 2023$1,923
December 2023$2,203
January 2024$2,237
February 2024$2,412
March 2024$1,979
April 2024$2,261
May 2024$2,350
June 2024$2,350
July 2024$2,262
August 2024$2,350
September 2024$2,350
October 2024$2,350
November 2024$2,295
December 2024$2,250
January 2025$2,300
February 2025$2,290
March 2025$2,088
April 2025$2,075
May 2025$2,740
June 2025$2,841
July 2025$2,764
August 2025$2,583
September 2025$2,630

Affordability calculator

Can I afford to live at 581 Salem 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

$114,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $114,000 annually to afford this 1-bedroom monthly rent price of $2,850.
For more information on rent affordability, visit our rent calculator.

Schools near The Residence at 581 Salem St

Woodville School

30 farm st

wakefield, MA, 1880

PK, K-4Public
B+
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Internet available near The Residence at 581 Salem St

Getting around Wakefield near 581 Salem St

Walking

4/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 581 Salem St, Wakefield

Groceries

2/10
No grocery stores within walking distance

Shopping

5/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

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

High schools

1/10
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

Explore the area around 581 Salem St

Whole Foods Market
427 Walnut St
Shaw's Supermarket
134 Water St
Cerra's Market
142 Broadway
Giulio's Bakery
415 Main St
Wakefield Interfaith Food
467 Main St

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