Salem, MA
Studio
1 Bath
Available: 06/01/2025
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$1,900/mo
No Fee
Heat & Hot Water Included

Amenities & Apartment Information

Building

Laundry in Building

Unit

Dishwasher
Microwave
Refrigerator

Property Description

Renovated studio, 1 bath available now on Lafayette St in Salem Great natural light
Hardwood floors
Heat and hot water included
Laundry in building
Street parking
Convenient location

This great deal will not last, call me today to schedule a tour!

Map

Price Comparison

This apartment is above the average price of $1,643 for studio apartments in Salem. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Use the contact form to schedule a showing or request a rental application. This listing may not last much longer.

Average Rent Prices for Studio Apartments in Salem

Rent Calculator & Affordability

Recommended Annual Gross Income

$76,000 - $91,200
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$2,660

View Apartments

Mid Range

25% of Gross Income

$1,900

View Apartments

Low Range

15% of Gross Income

$1,140

View Apartments

Have You Considered Buying Your Own Home?

Instead of paying $1,900/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

Contact Agent

Apartment Listing Inquiry Form