Cheap Apartments for Rent in Danvers, MA from $900 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Danvers.

Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

close
View Me
2 Main Street
Studio Apartments

2 Main Street

2 Main StPeabody, MA 01960
close
View Me
Jaclen Tower
1 to 2 Bedroom Apartments

Jaclen Tower

215-221 Rantoul StBeverly, MA 01915
Senior Living
  • Utilities Included

Danvers, MA Local Guide

Cheapest Neighborhoods for Apartments in Danvers, MA

Pricing Updated: 04/09/2025

Current apartment rentals in the Danvers, MA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Danvers Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Danvers MA$5,225$2,0007

Cheapest Available Danvers Apartments for Rent

 

The cheapest available apartment rental in Danvers, MA is a Studio unit found at Beverly Commons in the Beverly Farms neighborhood priced from $2,007. Princeton Crossing in the South Salem neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,170. Here is today’s list of the most affordable Danvers apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beverly CommonsStudioStudio,1BA$2,007
Princeton CrossingOne BR Deluxe1BR,1BA$2,170
Hannah VillageOne Bedroom1BR,1BA$2,200
River Drive ApartmentsA1G1BR,1BA$2,200
Folly Hill Meadows1Bd 1Bt (820 sq ft)1BR,1BA$2,225

Best Value Apartments for Rent in Danvers, MA

As of April 10, 2025 the best value apartment in the Danvers area is the $0.24 price per square foot 6 Lemon St Model at 6 Lemon St, Unit 2 in the in the North Salem neighborhood starting from $2,400. The second greatest value Danvers apartment is the 38 Forest St Model at 38 Forest St, Unit #1 starting at $3,800 with a $2.05 price per square foot in the South Peabody neighborhood. Here is today’s list of the best values for Danvers apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6 Lemon St, Unit 26 Lemon St2BR,1BA$0.24
38 Forest St, Unit #138 Forest St3BR,1.5BA$2.05
132 North St, Unit #2132 North St2BR,2BA$1.86
23 Gardner St23 Gardner St2BR,1BA$1.86
73 School St, Unit #373 School St2BR,1BA$2.00
Essex Apartment HomesSylvan2BR,2BA$2.37
8 Elm St, Unit #18 Elm St2BR,1BA$2.08
46 Holten St, Unit #146 Holten St2BR,1BA$2.00
26 Northend St, Unit #226 Northend St2BR,1BA$2.40
9 Bowditch St, Unit #29 Bowditch St2BR,1BA$2.40

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Danvers, MA Rentals by Map

View MapDanvers, MA Apartments MapView MapDanvers, MA Rental Homes Map

Getting Around Danvers, MA

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Danvers Apartments

What is the Cheapest Studio apartment in Danvers?

Currently the most affordable Cheap Studio Apartment in Danvers is at Beverly Commons listed at $2,007.

How much is rent for a Cheap One Bedroom Danvers Apartment?

The lowest price for a Cheap One Bedroom Danvers Apartment is $2,170 at Princeton Crossing.

What is the lowest price for a Cheap Two Bedroom Danvers Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Danvers is starting from $2,400 at Hannah Village.

What is the most affordable Danvers Three Bedroom Apartment?

The best deal on a cheap Danvers Three Bedroom Apartment rental is at 14 North and starts from $3,635.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.