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Updated 2 hours ago

Park Towers, Llc


314-320 Lafayette St Salem, MA

1 - 2 Bed
•
1 Bath

600 - 750 Sq. Ft.

Available Now
Floor plans
Studio • 1 Bath
$1,200
350 ft2
0 Available
Managed By: Park Towers
320 Lafayette Street # 503
$1,200
Rented
View
Studio • 1 Bath
$1,250
400 ft2
0 Available
Managed By: Park Towers
Unit 502
$1,250
Rented
View
1 Bed • 1 Bath
$1,550
600 ft2
1 Available
Managed By: Park Towers
Unit 402
$1,550
Available Now
View
View Rented Units
1 Bed • 1 Bath
$1,550
650 ft2
1 Available
Managed By: Park Towers
Unit 201
$1,550
Available Jan 2nd, 2026
View
View Rented Units
View More
2 Beds • 1 Bath
$1,950
750 ft2
1 Available
Managed By: Park Towers
Unit 102
$1,950
Available Now
View
2 Beds • 1 Bath
$1,950
725 ft2
1 Available
Managed By: Park Towers
Unit 404
$1,950
Available Jan 2nd, 2026
View
Where you'll live
Street View
Map View
Satellite View
Park Towers, Llc
Park Towers, Llc
Park Towers, Llc
Location ratings
Walk Score®
80
Very Walkable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Water Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Parking
Garage - Attached
Lease & Fees
Security Deposit:

1550 - 1950

Property details
Description

Spacious 1 Bedroom - Walking distance to Salem state campus - PARK TOWERS APARTMENTS
316 Lafayette Street
#3
Beds: 1
Baths: 1
Rent: $1,250
Lat month: 1250
Deposit: 1000
Broker fee: 1250
Rent Requirements (First, Last Security Deposit)
Online Rent payments & maintenance requests!
Date Available: Immediate
Parking only one car TBD
Electric by tenant
Heat by tenant
No Pets
Apartment Features:
- 1 Bedroom with kitchen and living room
- Disposal
- Coin Operated Laundry on site
- Non-Smoking Building
Area:
Safe/Quiet Building & Neighborhood
Located on Lafayette Street between Downtown Historic Salem, MA and Salem State College. Walking distance to Salem State.
Close to Everything - Bank, Museums, Dunkin' Donuts, Starbucks, ,Shops, Restaurants, Pickering Wharf, Public Transportation
Contact Harry at 781-254-2075. Text or Email is best.
www.parktowersllc.com
No Pets Allowed
(RLNE5638119)

Additional Details
Total Unit Count: 46
Last Updated: Updated 2 hours ago
Contact Number: (978) 744-7705
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 15.0 1.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Park Towers, Llc by bedroom type below.
1 Bedroom
Suggested income:
$55,800
per year
2 Bedroom
Suggested income:
$70,200
per year
Rent report

Park Towers, Llc Rent vs. Salem Average

 Park Towers, Llc      Salem Average
1BR
$1,550
$2,104
$0
$700
$1,400
$2,100
$2,800
2BR
$1,950
$2,550
$0
$850
$1,700
$2,550
$3,400

Park Towers, Llc is asking 26% less than the average 1 bedroom apartment in Salem.

If you upsized to an average priced Salem 2 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Salem studio apartment, you would pay 37% less per month.

Park Towers, Llc provides 2% less square footage than the average Salem 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Park Towers, Llc
1BR $1,550 $2.50 $4,650
2BR $1,950 $2.60 $5,850
Salem Average
Studio $1,533 $3.80 $4,600
1BR $2,104 $3.30 $6,311
2BR $2,550 $2.90 $7,651
3BR $3,173 $3.00 $9,518

Availability in Salem

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 20 2BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
18% 35% 39% 8%
Available Units in Salem
Studio 9
1BR 18
2BR 20
3BR 4
Location
Nearby Colleges

Salem State University

Endicott College

North Shore Community College

Nearby Hospitals
Name Distance
North Shore Medical Center Salem Campus 0.85 mi.
Kindred Hospital Boston North Shore 2.85 mi.
Lahey Medical Center Peabody 3.52 mi.
Nearby Fire Stations
Name Distance
Salem Fire Department 0.92 mi.
Marblehead Fire Department 1.62 mi.
Peabody Fire Department 2.31 mi.
FAQs
Is this property currently leasing units?
Yes. There are 4 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 4 units available for move-in over the next 2 months. 2 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 600 to 750 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,550 to $1,950. Park Towers, Llc has 1 bedroom units available starting at $1,550 and 2 bedroom units available starting at $1,950.
Where is this property located?
This property is at 314-320 Lafayette St in Salem, MA. It's 0.2 miles south from the center of Salem.
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