3 Days Ago
Highlights
Pet Friendly
- Utilities not included
- On-site parking for 1-2 vehicles
Location
124 Ocean Ave, Salem, MA 01970, USA
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Property Overview
University Square South has an impressive overall Zumper rating of 8.3, supported by exceptional scores in price, amenities, and location, each at 9 out of 10, emphasizing its competitive value and quality of living. The property features on-site parking for 1-2 vehicles and is conveniently located within 1.5 miles of public transportation options. Additionally, it highlights pet-friendly attributes with nearby services catering to pets, ensuring a well-rounded living experience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Dishwasher
Great for
Pet owners
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 476 sqft | $1,900 /mo | 1 unit available | Studio, 1 Bath - Available Now! * Fall Promotion $1,000 off first month's rent - Offer through October 31st!* Apartment features include central A/C, luxury plank flooring and custom kitchen with stainless steel appliances. Laundry in building, 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. *Promotion Offer Details: Promotion: $1,000 off your first month’s rent. Eligibility: New leases signed during the Fall Promotion period. Promotion Period: Now through October 31st. Move-In Date: Must move in by October 31st. | |
| 2BR/2.0BA | 2 bed | 2 bath | 862+ sqft | $2,525 /mo | 2 units available | 2 Bedroom/2 Bath - 124 Ocean Ave, Salem MA - Available Now! * Fall Promotion Available! **** Fall Promotion — for a limited time, new residents will receive $1,000 off their first month’s rent! *** 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. Utilities not included; Tenant pays gas, electric, water & sewer. Cats & Dogs Welcome. $50 per per, per month. 2 pet maximum. Breed restrictions may apply. *Promotion Offer Details: Promotion: $1,000 off your first month’s rent. Eligibility: New leases signed during the Fall Promotion period. Promotion Period: Now through October 31st. Move-In Date: Must move in by October 31st. |
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Amenities for University Square South
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Stainless Dishwasher |
| Stainless Refrigerator | Stainless Stove |
Building
| Cats OK | Dogs OK |
Services
| Trash Removal |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 31 |
|---|
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About University Square South
2 Bedroom/2 Bath - 124 Ocean Ave, Salem MA - Available Now! * Fall Promotion Available! **** Fall Promotion — for a limited time, new residents will receive $1,000 off their first month’s rent! *** 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. Utilities not included; Tenant pays gas, electric, water & sewer. Cats & Dogs Welcome. $50 per per, per month. 2 pet maximum. Breed restrictions may apply. *Promotion Offer Details: Promotion: $1,000 off your first month’s rent. Eligibility: New leases signed during the Fall Promotion period. Promotion Period: Now through October 31st. Move-In Date: Must move in by October 31st.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, University Square South is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, University Square South has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
University Square South stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
University Square South goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, University Square South receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
University Square South is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While University Square South does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
University Square South is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How University Square South compares to other nearby properties.
Positives
- More space
- Studio is 78 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in Salem
Studio apartments at University Square South cost about 6% more than the average rent price for studios in Salem.
If you decide to upgrade your space, you can expect 2-bedrooms at University Square South to be 9% less than the average for similarly sized apartments in Salem.
Median rents as of Nov 1 2025.
Salem
| Month | Median Rent |
|---|---|
| February 2024 | $1,550 |
| March 2024 | $1,563 |
| April 2024 | $1,648 |
| May 2024 | $1,858 |
| June 2024 | $1,940 |
| July 2024 | $1,781 |
| August 2024 | $1,837 |
| 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 |
Affordability calculator
Can I afford to live at 124 Ocean Ave?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this studio monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
Schools near University Square South
Saltonstall School
211 lafayette st
salem, MA, 1970
K-8Public
C+
Horace Mann Laboratory School
79 willson st
salem, MA, 1970
PK, K-5Public
C
Witchcraft Heights Elementary School
1 frederick st
salem, MA, 1970
K-5Public
C
Salem Early Childhood
25 memorial dr
salem, MA, 1970
PKPublic
Carlton Elementary School
10 skerry st
salem, MA, 1970
K-5Public
B-
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Internet available near University Square South
Getting around Salem near 124 Ocean Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 124 Ocean Ave, Salem
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 20-minute walk
High schools
4/10
No high schools within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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