Cheap Apartments for Rent in Beverly, MA from $600 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 50 Broadway

$1,600 - $2,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

Studio To 1 Bedroom Rentals

Available Now

50 Broadway

BeverlyMA01915
property at 81 Cabot St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

81 Cabot St

BeverlyMA01915
close
View Me
50 Broadway
Studio to 1 Bedroom Apartments

50 Broadway

50 BroadwayBeverly, MA 01915
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 160 Federal St

$1,725

Total Monthly Price

Total Monthly Price

Base Rent
$1,725

Total Monthly Price
$1,725

1 Bedroom, 1 Bath Home for Rent

Available Now

160 Federal St

SalemMA01970
property at 126 Lowell St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

126 Lowell St

PeabodyMA01960

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

close
View Me
2 Main Street
Studio Apartments

2 Main Street

2 Main StPeabody, MA 01960
close
View Me
The Lighthouses
Studio to 3 Bedroom Apartments

The Lighthouses

34 Peabody StSalem, MA 01970
close
View Me
143 Canal St
1 to 3 Bedroom Apartments

143 Canal St

143 Canal StSalem, MA 01970

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

Beverly, MA Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Beverly, MA

Pricing Updated: 01/22/2026

Current apartment rentals in the Beverly, 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 Beverly Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Beverly$3,775$1,77566

Cheapest Available Beverly Apartments for Rent

 

The cheapest available apartment rental in Beverly, MA is a 1 Bed unit found at 1 Powder House Ln in the Beverly Farms neighborhood priced from $1,610. The Residences at St. James in the South Salem neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,610. Here is today’s list of the most affordable Beverly apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1 Powder House LnOne Bedroom 60%1BR,1BA$1,610
The Residences at St. JamesStudio 60%Studio,1BA$1,610
50 Broadway Apartment HomesStudio AStudio,1BA$1,780
260 Washington Apartments – Modern Living in the Heart of Salem1BR/1.0BA1BR,1BA$1,850
Residences at Lafayette LLC- 176 Lafayette1BR/1.0BA1BR,1BA$1,850

Best Value Apartments for Rent in Beverly, MA

As of January 22, 2026 the best value apartment in the Beverly area is the $1.83 price per square foot 8 Randall St Model at 8 Randall St, Unit 2 in the in the North Salem neighborhood starting from $3,350. The second greatest value Beverly apartment is the 127 Canal St Model at 127 Canal St, Unit 3 starting at $3,700 with a $2.18 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for Beverly apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8 Randall St, Unit 28 Randall St4BR,1.5BA$1.83
127 Canal St, Unit 3127 Canal St4BR,2BA$2.18
23 Gardner St23 Gardner St2BR,1BA$1.86
37 Endicott St, Unit 337 Endicott St2BR,1BA$1.67
240 Conant Apartments2 Bed T022BR,2BA$2.48
34 Central St, Unit 134 Central St2BR,1BA$2.36
Station 1012 Bed A2BR,2BA$2.62
26 Gregg St, Unit 226 Gregg St2BR,1BA$2.60
20 Locust StConcept 11BR,1BA$2.62
Park Towers1 Bedroom Apt1BR,1BA$2.53

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

Read Article
Decorative image

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Decorative image

Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

Read Article
Decorative image

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

Beverly Overview

When people think about Boston, they usually think about a metropolitan area, lots of history, and cool weather. Fortunately, the area surrounding Boston has plenty of beautiful places to live, including Beverly, MA. Beverly is one of the major suburbs of Boston. It is located in Essex County and thrives on manufacturing. If you are looking for apartments in Beverly, you have to learn more about the local area. Take a look at what Beverly has to offer, and make Beverly apartments you are next home.á

Why live in Beverly, MA?

Living in Beverly has a lot to offer. For example, you still get to live relatively close to Boston while enjoying a lower cost of living. Furthermore, the traffic in Beverly is not nearly as heavy as it is in Boston. In addition, there are numerous housing opportunities as well, allowing you to tailor your apartments to meet your needs. Finally, the schools in Beverly a great as well, contributing to a great overall living experience.á

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

Explore Beverly, MA Rentals by Map

View Map
Beverly, MA Apartments Map
View Map
Beverly, MA Rental Homes Map

Frequently Asked Questions about Cheap Beverly Apartments

What is the Cheapest Studio apartment in Beverly?

Currently the most affordable Cheap Studio Apartment in Beverly is at The Residences at St. James listed at $1,610.

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

The lowest price for a Cheap One Bedroom Beverly Apartment is $1,610 at 1 Powder House Ln.

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

Today's best deal for a Cheap Two Bedroom Apartment in Beverly is starting from $1,910 at 1 Powder House Ln.

What is the most affordable Beverly Three Bedroom Apartment?

The best deal on a cheap Beverly Three Bedroom Apartment rental is at Park Towers and starts from $3,500.

Expert Rental Resources

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.

Helpful Local Expert Guides

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 A Local Experts Guide to the Top Boston Neighborhoods for College Renters article

A Local Experts Guide to the Top Boston Neighborhoods for College Renters

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

Explore Like a Local: The Insider's Guide to Boston

Written by: Amelia Ramstead

Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.

Articles, How-To's, and Tips

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.