Apartment for rent

Pet friendly

4 Hours Ago

8.6

Very Good

University Square South Apartments
124 Ocean Ave, Salem, MA 01970, USA

Bridgeton Properties LLC

124 Ocean Ave, Salem, MA 01970, USA

8.6

Very Good

Monthly rent	$2,000–$2,575The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.
Beds	Studios–2
Baths	1–2
Sqft	476–872

Monthly rent	$2,000–$2,575The price shown is for a 12-month lease and includes base rent plus any required monthly fees listed by the property.
Beds	Studios–2
Baths	1–2
Sqft	476–872

4 Hours Ago

Highlights

Pet Friendly

Off-street parking
Laundry in building
Utilities not included
On-site parking for 1-2 vehicles
Bicycle racks
Custom kitchen with stainless steel appliances

Location

124 Ocean Ave, Salem, MA 01970, USA

Hi! Let’s figure out if this property is right for you.

Tour University Square South

Contact

Managed by

Management

Bridgeton Properties LLC

Leasing office

(978) 922-7800

Property Overview

University Square South is highly rated with an 8.5 overall score, reflecting its excellent balance of amenities, value, and location. The property features desirable amenities like off-street parking and custom kitchens, while its competitive pricing points to great value for renters. Additionally, its pet-friendly attributes are supported by nearby services, enhancing its appeal within a vibrant community.

Zumper Expert Rating

8.6

Very Good

With a solid 8.6 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.

Things you’ll love

More space
Dishwasher

Great for

Pet owners

Floor plans

0BR/1.0BA	Studio	1 bath	476 sqft	$2,000 /mo	1 unit available	Studio, 1 Bath - Available Now! 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.
1BR/1.0BA	1 bed	1 bath	678 sqft	$2,150 /mo	1 unit available	1 Bedroom/1 Bath - 124 Ocean Ave, Salem MA - $2,150 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 15th Move-In Date: Must move in by October 15th
2BR/2.0BA	2 bed	2 bath	862+ sqft	$2,575 /mo	3 units available	2 Bedroom/1 Bath - 124 Ocean Ave, Salem MA - $2,575 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 15th Move-In Date: Must move in by October 15th

Let's explore this property.

Amenities for University Square South

Appliances

Dishwasher	Garbage Disposal
In-Unit Laundry	Stainless Dishwasher
Stainless Microwave	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
Limit	1

Cat policy

Allowed
Limit	1

Building details

Property details

Units	31

About University Square South

Home

Apartments in Salem

University Square South

2 Bedroom/1 Bath - 124 Ocean Ave, Salem MA - $2,575 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 15th Move-In Date: Must move in by October 15th

Zumper Expert Rating

8.6

/10

Very Good

How we rated University Square South

Price·10

University Square South offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.

Amenities·9

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·9

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·6

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·8

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:

Pet owners

6 pet supply stores near the property
1 pet grooming service nearby
1 pet hospital in the area

Property highlights

How University Square South compares to other nearby properties.

Positives

More space: Studio is 202 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
Greater distance from grade schools: The nearest elementary school is farther than 0.4 mile away

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Rent trends in Salem

Studio apartments at University Square South cost about 21% more than the average rent price for studios in Salem.

1-bedroom apartments here are priced about the same as 1-bedrooms in Salem.

If you decide to upgrade your space, you can expect 2-bedrooms at University Square South to be 6% less than the average for similarly sized apartments in Salem.

Median rents as of Sep 13 2025.

Salem

A table of studio rental data trends in Salem
Month	Median Rent
October 2023	$1,900
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	$1,650

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

$80,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this studio monthly rent price of $2,000.

For more information on rent affordability, visit our rent calculator.

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