Highlights
- Luxury plank flooring
- On-site laundry
- Stainless steel appliances
- Custom kitchens
- Bicycle racks
- On-site parking for: 1-2 vehicles
Location
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University Square North offers strong value with a high expert rating, competitive pricing, and convenient access to nearby destinations. It also features stainless steel appliances, custom kitchens, luxury plank flooring, on-site laundry, bicycle racks, and parking for 1-2 vehicles, along with pet-friendly nearby resources and standout location and amenities.
Things you’ll love
Great for
| 1BR/1.0BA | 1 bed | 1 bath | 662+ sqft | $1,995–$2,100 /mo | 2 units available | AFFORDABLE HOUSING UNIT - University Square South Apartments at 136 Canal Street in the historical city of Salem, MA. Apartment features include central A/C, luxury plank flooring and custom kitchen with stainless steel appliances. Onsite laundry, 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. Cats allowed; 2 cat maximum, $50 per month, per cat. Includes on-site parking for 1-2 vehicles. Minimum Annual Gross Income Requirement $63,000 Maximum Income Limit: 1 Person - $96,000 2 Person - $109,700 3 Person - $123,400 * A filed 2025 tax return is required. Credit History & Eligibility Certification through MCO Housing Services required. |
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Appliances
| Dishwasher | Garbage Disposal |
| Stainless Dishwasher | Stainless Microwave |
| Stainless Refrigerator | Stainless Stove |
Building
| Cats OK |
Services
| Trash Removal |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 23 |
|---|
AFFORDABLE HOUSING UNIT - University Square South Apartments at 136 Canal Street in the historical city of Salem, MA. Apartment features include central A/C, luxury plank flooring and custom kitchen with stainless steel appliances. Onsite laundry, 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. Cats allowed; 2 cat maximum, $50 per month, per cat. Includes on-site parking for 1-2 vehicles. Minimum Annual Gross Income Requirement $63,000 Maximum Income Limit: 1 Person - $96,000 2 Person - $109,700 3 Person - $123,400 * A filed 2025 tax return is required. Credit History & Eligibility Certification through MCO Housing Services required.
How University Square North compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at University Square North cost about 7% less than the average rent price for 1-bedroom apartments in Salem.
| Month | Median Rent |
|---|---|
| August 2024 | $1,800 |
| September 2024 | $1,862 |
| October 2024 | $1,868 |
| November 2024 | $1,825 |
| December 2024 | $1,591 |
| January 2025 | $1,556 |
| February 2025 | $1,600 |
| March 2025 | $1,630 |
| April 2025 | $1,712 |
| May 2025 | $1,675 |
| June 2025 | $1,681 |
| July 2025 | $1,650 |
| August 2025 | $1,866 |
| September 2025 | $1,702 |
| October 2025 | $1,835 |
| November 2025 | $1,800 |
| December 2025 | $1,818 |
| January 2026 | $1,799 |
| February 2026 | $1,850 |
| March 2026 | $1,868 |
| April 2026 | $1,975 |
| May 2026 | $1,855 |
| June 2026 | $1,850 |
| July 2026 | $1,862 |
| August 2026 | $1,833 |
Can I afford to live at 136 Canal St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$79,800/yr
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