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Updated 1 hour ago

Park Towers, Llc


314-320 Lafayette St Salem, MA

Studio - 1 Bed
1 Bath

350 - 650 Sq. Ft.

Available starting Feb. 10th
Studio • 1 Bath
$1,250
350 ft2
1 Available
Managed By: Park Towers
Unit 207
$1,250
Available Feb 10th, 2026
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1 Bed • 1 Bath
$1,550
650 ft2
1 Available
Managed By: Park Towers
Unit 301
$1,550
Available Mar 10th, 2026
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2 Beds • 1 Bath
$1,850
750 ft2
0 Available
Managed By: Park Towers
Unit 102
$1,850
Rented
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2 Beds • 1 Bath
$1,900
725 ft2
0 Available
Managed By: Park Towers
Unit 404
$1,900
Rented
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2 Beds • 1 Bath
$1,950
950 ft2
0 Available
Managed By: Park Towers
Unit 204
$1,950
Rented
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Where you'll live
Street View
Map View
Satellite View
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:

1250 - 1550

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 1 hour 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
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.
Studio
Suggested income:
$45,000
per year
1 Bedroom
Suggested income:
$55,800
per year
Rent report

Park Towers, Llc Rent vs. Salem Average

 Park Towers, Llc      Salem Average
Studio
$1,250
$1,533
$0
$500
$1,000
$1,500
$2,000
1BR
$1,550
$2,104
$0
$700
$1,400
$2,100
$2,800

Park Towers, Llc is asking 18% less than the average studio apartment in Salem.

If you upsized to an average priced Salem 1 bedroom apartment, you would pay 27% more per month.

Park Towers, Llc provides 14% less square footage than the average Salem studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Park Towers, Llc
Studio $1,250 $3.60 $3,750
1BR $1,550 $2.40 $4,650
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 19 2BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 35% 37% 10% 2%
Available Units in Salem
Studio 9
1BR 18
2BR 19
3BR 5
4BR 1
Location
Nearby Colleges
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 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is February 10, 2026.
What's the square footage of the available units?
The available units range from 350 to 650 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 studio and 1 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 $1,250 to $1,550. Park Towers, Llc has studio units available starting at $1,250 and 1 bedroom units available starting at $1,550.
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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