116 Lafayette Street – photo 1
1 / 5

116 Lafayette Street

📍 116 Lafayette Street, Salem, MA 01970

Monthly Rent

$1,125

Bedrooms

1 bd

Bathrooms

1 ba

Sq Feet

130 sq ft

Updated 10 days ago

📋 Property Overview

116 Lafayette Street is a home in Downtown Salem, Salem, Massachusetts with 1 bd and 1 ba. Interior space is 130 sq ft. Rent is $1,125 a month. Inside, the home includes recently renovated. The building offers on-site laundry. Leases run 12 months. Availability: Available Sep 1, 2026. The Walk Score here is 98, meaning most errands can be done on foot. Transit Score is 40. That is 60% below the local median of $2,800.

🚶 Getting Around

  • Walk Score98/100

    Walker's Paradise

  • Transit Score40/100

    Some Transit

16 transit routes nearby

  • 13Bus
  • 1Rail
  • 2Other
1 bedroom · typical rent nearby$2,665

Market trend: even · as of August 2026

💵 Costs & Lease

Lease length
12 months
Units available
1 unit

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 1 Bed, 5.0 Bath1 bd · 5 ba · 130 sq ft$1,1251 unit available
  • 1.0 BathStudio · 1 baNone available right now
  • 1 Bed, 1.0 Bath1 bd · 1 ba · 140 sq ftNone available right now

🧾 Move-in Costs & Lease

Lease length
12 months
Available
Available Sep 1, 2026
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Massachusetts at $20,000 – $24,999 of personal property

$13–$18/ monthEstimate — not a quote

About $163–$211 a year.

Based on what Massachusetts renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 452,865 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏠 Inside the Home

  • Recently renovated

🏢 In the Building

  • On-site laundry

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

✨ Features & Details

  • On-site laundry
  • All utils included
  • Recently renovated
  • 130 sq ft

📊 Property Facts

Walk Score
98 · Walker's Paradise
Transit Score
40 · Some Transit

🎓 Nearby Schools

  • Salem Academy Charter School · 6-126/10 · 0.2 mi
  • Saltonstall School · K-84/10 · 0.3 mi
  • Collins Middle School · 6-84/10 · 0.7 mi
  • Carlton Elementary School · K-54/10 · 1.0 mi
  • Horace Mann Laboratory · K-55/10 · 1.0 mi
  • Salem High School · 9-123/10 · 1.2 mi
  • Bates Elementary School · K-55/10 · 1.3 mi
  • Witchcraft Heights Elementary School · K-53/10 · 1.4 mi
  • Thomas Carroll · K-53/10 · 1.6 mi
  • Village School · 4-65/10 · 1.7 mi

🏡 Floor Plans

  • 301

    Availability: available

    $1,125

❓ Frequently Asked Questions

$1,125

per month

Available Now
1 bd
1 ba
130 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

Facebook MessengerChat on MessengerFollow us · new listings and updatesRivoRenton Facebook

Chat with an agent any time — WhatsApp is answered 24/7 with an instant reply. Our team is also available Mon–Fri 8 AM–10 PM · Sat 10 AM–4 PM.

What do you think of this home?