Zumper
modified
2 Days Ago

Highlights

  • Pet Friendly
  • Conveniently located
  • Washer/dryer in unit
  • Utilities not included
  • On-site parking for 1-2 vehicles
  • 2 pet maximum
  • Bicycle racks

Location

124 Ocean Ave, Salem, MA 01970, USA
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Management

Bridgeton Properties LLC

Leasing office

(978) 922-7800

Property Overview

University Square South is a highly rated community with an overall Zumper Expert Rating of 8.6 out of 10, highlighted by excellent scores for price, amenities, location, and trustworthiness. Residents benefit from in-unit washer/dryers, on-site parking for 1–2 vehicles, bicycle racks, and a convenient location about 1.49 miles from public transport. The property is also especially favorable for pet owners, with a 2-pet maximum and multiple nearby pet services, including a hospital, supply stores, and grooming.

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.

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

  • Dishwasher

Great for

  • Pet owners

Floor plans

2BR/2.0BA2 bed2 bath862+ sqft$2,675–$2,725 /mo3 units available2 Bedroom, 2 Bath - 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.

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Amenities for University Square South

Appliances

DishwasherGarbage Disposal
In-Unit LaundryStainless Dishwasher
Stainless RefrigeratorStainless Stove

Building

Cats OKDogs 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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units31
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About University Square South

HomeApartments in Salem University Square South

2 Bedroom, 2 Bath - 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.


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.
8.6
/10
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.
How we rated University Square South
Price·10A 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 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·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:

Pet owners

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

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

Dishwasher
Dishwasher available in kitchen

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Salem

2-bedroom apartments at University Square South cost about 7% less than the average rent price for 2-bedroom apartments in Salem.

Median rents as of May 23 2026.
Salem
A table of studio rental data trends in Salem
MonthMedian Rent
June 2024$1,950
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
December 2025$1,818
January 2026$1,799
February 2026$1,850
March 2026$1,868
April 2026$1,975
May 2026$1,856

Affordability calculator

Can I afford to live at 124 Ocean Ave?

Bedrooms

2 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

$107,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $107,000 annually to afford this 2-bedrooms monthly rent price of $2,675.
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

Lucretia and Joseph Brown School

40 baldwin rd

marblehead, MA, 1945

PK, K-3Public
A-

Salem Early Childhood

25 memorial dr

salem, MA, 1970

PKPublic
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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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