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University Square South Apartment for rent in Salem, MA
2 of 8 University Square South Apartment for rent in Salem, MA
3 of 8 University Square South Apartment for rent in Salem, MA
4 of 8 University Square South Apartment for rent in Salem, MA
5 of 8 University Square South Apartment for rent in Salem, MA
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Photos Floor Plans Amenities
Updated 2 hours ago

University Square South


124 Ocean Ave Salem, MA

Studio - 2 Bed
1 - 2 Bath

544 - 862 Sq. Ft.

Available starting Jul. 11th
Studio • 1 Bath
$2,000
544 ft2
1 Available
Managed By: Bridgeton Properties LLC.
Unit 202
$2,000
Available Jul 11th, 2025
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View Rented Units
1 Bed • 1 Bath
$1,875 - $2,195
736 ft2
0 Available
Managed By: Bridgeton Properties LLC.
124 Ocean Avenue
$1,875
Rented
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Unit 203
$2,175
Rented
View
Unit 303
$2,195
Rented
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1 Bed • 1 Bath
$1,735 - $2,125
626 ft2
0 Available
Managed By: Bridgeton Properties LLC.
124 Ocean Avenue
$2,125
Rented
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124 Ocean Avenue, Unit 209
$1,735
Rented
View
Unit 209
$1,850
Rented
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1 Bed • 1 Bath
$2,200
678 ft2
0 Available
Managed By: Bridgeton Properties LLC.
Unit 308
$2,200
Rented
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2 Beds • 2 Bath
$2,625
862 ft2
1 Available
Managed By: Bridgeton Properties LLC.
Unit 306
$2,625
Available Jul 11th, 2025
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Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
71
Very Walkable
Transit Score®
30
Some Transit
Bike Score®
69
Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit:

2000 - 2625

Property details
Description

University Square South Apartments at 124 Ocean Ave in the historical city of Salem, MA.
Apartment features include central A/C, luxury plank flooring and custom kitchen with stainless steel appliances. Washer/Dryer in unit, parking and bicycle racks. Conveniently located within 20 miles of Boston and only minutes from I-95/Rte. 128 and the commuter rail.
One year Lease. Utilities not included; Tenant pays gas, electric, water & sewer.
Pets allowed; 2 pet maximum, $50 per month, per pet. Breed restrictions may apply
Includes on-site parking for 1-2 vehicles.
Minimum Annual Gross Income Requirement $57,255
Maximum Income Limit:
1 Person - $82,950
2 Person - $94,800
3 Person - $106,650
* A filed 2022 tax return is required.
Good Credit History & Eligibility Certification through MCO Housing Svcs. required.

Additional Details
Total Unit Count: 30
Last Updated: Updated 2 hours ago
Contact Number: (978) 922-7800
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. 10.0 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 University Square South by bedroom type below.
Studio
Suggested income:
$72,000
per year
2 Bedroom
Suggested income:
$94,500
per year
Rent report

University Square South Rent vs. Salem Average

 University Square South      Salem Average
Studio
$2,000
$1,336
$0
$650
$1,300
$1,950
$2,600
2BR
$2,625
$2,540
$0
$900
$1,800
$2,700
$3,600

University Square South is asking 50% more than the average studio apartment in Salem.

If you upsized to an average priced Salem 1 bedroom apartment, you would pay 39% more per month.

University Square South provides 48% more square footage than the average Salem studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
University Square South
Studio $2,000 $3.70 $6,000
2BR $2,625 $3.00 $7,875
Salem Average
Studio $1,336 $3.60 $4,009
1BR $2,196 $3.40 $6,589
2BR $2,540 $3.40 $7,620

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 1BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
17% 41% 33% 7% 2%
Available Units in Salem
Studio 8
1BR 19
2BR 15
3BR 3
4BR 1
Location
Nearby Colleges
Nearby Hospitals
Name Distance
North Shore Medical Center Salem Campus 0.54 mi.
Kindred Hospital Boston North Shore 2.55 mi.
Lahey Medical Center Peabody 3.22 mi.
Nearby Fire Stations
Name Distance
Salem Fire Department 0.84 mi.
Marblehead Fire Department 1.93 mi.
Peabody Fire Department 2.01 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?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on July 11, 2025.
What's the square footage of the available units?
The available units range from 544 to 862 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
Where is this property located?
This property is at 124 Ocean Ave in Salem, MA. It's 0.4 miles west from the center of Salem.
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