The Reserve at Parsons Lake
900 Lakefront Ln,
Salisbury, MD 21804
$1,325 - $2,050 | Studio - 3 Beds
Salisbury University
Salisbury, MD
Salisbury University - Salisbury, MD
Area Guide
An exceptional institution serving the Eastern Shore
Public
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Suburban
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Walkable
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Coastal
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Sea Gulls
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Since its founding in 1925, Salisbury University has established itself as the academic hub of Maryland’s Eastern Shore. The beautiful campus is designated as an arboretum due to its exquisite displays of trees and plants all around, creating an unbeatable environment to support the school’s scholarly mission. Students are required to live on-campus for their first two years at Salisbury, which helps reduce the competition for nearby living arrangements. The surrounding neighborhoods contain several budget-friendly rental options within walking distance of the campus, and many houses, apartments, and condos that offer convenient access to both the university and the city center to the north. Ocean City is just a short drive down Highway 50, allowing you to spend a day at the beach anytime. Major cities like Baltimore, Washington, and Philadelphia are also within day trip distance, giving you the opportunity to explore the best of the Mid-Atlantic region at your leisure.
Rent Trends
As of May 2025, the average apartment rent in Salisbury, MD is $1,301 for a studio, $1,263 for one bedroom, $1,534 for two bedrooms, and $1,847 for three bedrooms. Apartment rent in Salisbury has increased by 1.9% in the past year.
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Studio
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439 sq ft
Average Sq Ft
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$1,301/month
Average Rent
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1 BR
-
798 sq ft
Average Sq Ft
-
$1,263/month
Average Rent
-
2 BR
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1,054 sq ft
Average Sq Ft
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$1,534/month
Average Rent
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3 BR
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1,359 sq ft
Average Sq Ft
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$1,847/month
Average Rent
Transportation
50
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
14
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
43
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Public
Grades 3-5
505 Students
5
Public
Grades PK-5
854 Students
3
Public
Grades PK-5
546 Students
3
Public
Grades PK-5
486 Students
3
Public
Grades 3-5
421 Students
3
Public
Grades 6-8
873 Students
5
Public
Grades 6-8
819 Students
3
Public
Grades 9-12
1,160 Students
5
Public
Grades 9-12
1,343 Students
4
Public
Grades 9-12
1,325 Students
2
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- Salisbury University Arboretum
- Ward Museum of Wildfowl Art
- Salisbury Zoological Park
Military Bases
Airports
- Salisbury-Ocean City Wicomico Regional
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.