Find Rentals in Salem

Houses for Rent

Apartments for Rent

Explore Listings

Property Managers

Listings Quality Policy

Renter Resources

Avoid Scams & Fraud

Rent vs. Buy Calculator

Rent Affordability Calculator

Help & Support

1 / 8

Verified

Pet Friendly

Waterfront

278 Lafayette St #5

Salem, MA 01970 - Essex County

Apartment

1 beds

1 baths

About 278 Lafayette St #5

Available July 1st. Charming 1-bed, 1-bath apartment in a beautifully preserved Victorian mansion Bright, inviting space with classic character and a comfortable, easy-flow layout-great for roommates, guests or a work-from-home setup Heat and hot water included for simpler monthly budgeting Enjoy the best of Salem living with quick access to downtown's shops, cafes and restaurants, plus seasonal events and waterfront attractions Close to local favorites like Salem Common and the Peabody Essex Museum Convenient to Salem State University and commuter options for an easy trip around the North Shore and into Boston. No broker's fee. $30 application fee. First Option- First month, Security Deposit. Second Option - First month, Cashless Security Deposit. All Mpm residents are enrolled in the Resident Benefits Package (rbp) for. $45.95/month, which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service & resident rewards program. Pet Friendly.

RentalSource last checked: June 11, 2026 · 4:16 PM ET

Last updated: April 30, 2026 at 2:09 PM ET

Managed by: Martin Property Management · (617) 249-7497 · TenantTurner

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$2,000
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	Inquire
Pet Friendly:	Yes
Listing Status:	Active
ID:	83528321

Property Amenities

• Pet Friendly

• Waterfront Property

Leasing Information

Lease term: Contact manager for leasing options.

Additional Details

Apartment for rent in Salem for $2,000 with 1 bed, 1 bath, pet friendly and located at 278 Lafayette St #5 in Salem, MA 01970. The rental price of $2,000 is 7.8% ($169) lower than the average rent of $2,169 for a 1 bedroom apartment in Salem, MA and 5.5% ($117) lower than the average rent of $2,117 for a 1 bedroom apartment in Essex County. 278 Lafayette St #5 was advertised by Martin Property Management on April 30, 2026 at 11:15 AM ET and last checked today at 4:16 PM ET.

Affordability Calculator

Can I afford to live at 278 Lafayette St #5?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$80,000 /year

With your chosen rent-to-income ratio, an annual income of $80,000 is recommended to comfortably afford this 1-bedroom rental priced at $2,000 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$2,000

Rent Affordability Calculator

Interested in 278 Lafayette St #5?

Find out more about this property & see if it's available now.

Property managed by:

Martin Property Management
(617) 249-7497

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.