The Reserve at Parsons Lake
900 Lakefront Ln,
Salisbury, MD 21804
$1,325 - $2,050
Studio - 3 Beds
Salisbury, MD, combines small-city living with convenient amenities at the head of the Wicomico River. As the commercial center of the Delmarva Peninsula, this historic city of over 33,000 residents offers diverse housing options. The downtown area features a mix of apartments and historic properties, while areas near Salisbury University provide additional housing choices.
The city's outdoor spaces include the Salisbury City Park and Zoo, and the Naylor Mill Forest Trail, which spans over 92 acres as Maryland's largest municipal conservation easement. Salisbury University enhances the area's educational opportunities, while the Port of Salisbury Marina connects residents to waterfront activities. Local landmarks include the Ward Museum of Wildfowl Art and the Poplar Hill Mansion. Community events bring energy to the city throughout the year, including the Maryland Folk Festival and the Sea Gull Century bike ride. As Maryland's second-largest port, Salisbury's economy is anchored by major employers like Perdue Farms and TidalHealth Peninsula Regional (formerly Peninsula Regional Medical Center), along with healthcare and educational institutions.
As of March 2026, the average apartment rent in Salisbury, MD is $1,311 for a studio, $1,304 for one bedroom, $1,544 for two bedrooms, and $1,904 for three bedrooms. Apartment rent in Salisbury has increased by 2.2% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Salisbury, MD is for everyday living.
Somewhat Walkable
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.
Minimal Transit
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
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.
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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.
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† 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 2026.