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Home / Boston Area Apartments / Salem / University Square South
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Updated 1 hour ago

University Square South


124 Ocean Ave Salem, MA

2 Bed
•
2 Bath

998 Sq. Ft.

Available starting May. 8th
Floor plans
Studio • 1 Bath
$1,750 - $2,000
544 ft2
0 Available
Managed By: Bridgeton Properties LLC.
124 Ocean Avenue
$1,750
Rented
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Unit 202
$2,000
Rented
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Studio • 1 Bath
$1,750
476 ft2
0 Available
Managed By: Bridgeton Properties LLC.
207B
$1,750
Rented
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1 Bed • 1 Bath
$1,875 - $2,195
736 ft2
0 Available
Managed By: Bridgeton Properties LLC.
124 Ocean Avenue
$1,875
Rented
View
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
View
124 Ocean Avenue, Unit 209
$1,735
Rented
View
Unit 209
$1,850
Rented
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Unit 109
$2,100
Rented
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1 Bed • 1 Bath
$2,100 - $2,250
678 ft2
0 Available
Managed By: Bridgeton Properties LLC.
Unit 308
$2,250
Rented
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Unit 108
$2,100
Rented
View
2 Beds • 2 Bath
$2,700
998 ft2
1 Available
Managed By: Bridgeton Properties LLC.
Unit 304
$2,700
Available May 8th, 2026
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Where you'll live
Street View
Map View
Satellite View
University Square South
University Square South
University Square South
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: $2,700
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: 31
Last Updated: Updated 1 hour 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
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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.
2 Bedroom
Suggested income:
$97,200
per year
Rent report

University Square South Rent vs. Salem Average

 University Square South      Salem Average
2BR
$2,700
$2,597
$0
$900
$1,800
$2,700
$3,600

University Square South is asking 4% more than the average 2 bedroom apartment in Salem.

If you upsized to an average priced Salem 3 bedroom apartment, you would pay 4% more per month.

If you downsized to an average priced Salem 1 bedroom apartment, you would pay 22% less per month.

University Square South provides 2% less square footage than the average Salem 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
University Square South
2BR $2,700 $2.70 $8,100
Salem Average
Studio $1,522 $4.10 $4,566
1BR $2,121 $3.20 $6,364
2BR $2,597 $2.60 $7,792
3BR $2,699 $2.20 $8,096
4BR $3,200 $3.20 $9,600

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 26 1BR units on the market in Salem. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
18% 39% 31% 7% 4%
Available Units in Salem
Studio 12
1BR 26
2BR 21
3BR 5
4BR 3
Location
Nearby Colleges

Salem State University

Endicott College

North Shore Community College

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 is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on May 08, 2026.
What's the square footage of the available units?
It's 998 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
University Square South has a 2 bedroom unit starting at $2,700.
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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