
Cheap Apartments for Rent in the Downtown Beverly Neighborhood of Beverly, MA from $1,250 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Beverly area of Beverly.


16 Franklin Pl

41 Elliott St

Total Monthly Price
248 Rantoul St, Unit L1

250 Rantoul St, Unit 1

5 Cliff St, Unit #5

Station 101

14 Pond St, Unit #2r

254 Rantoul St
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

Burnham Apartment Homes

297-299 Cabot St

26 Mason St

32 Roundy St

Total Monthly Price
The Beverly Collection: Flats at 131

Enterprise Apartment Homes

Total Monthly Price
20 Bennett St, Unit 2R

37 Chase St

Total Monthly Price
42 Pond St, Unit 1
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Total Monthly Price
315 Rantoul St, Unit 408

Total Monthly Price
Halstead Beverly Townhomes

Total Monthly Price
49 Railroad Ave, Unit 3

Total Monthly Price
73 Essex St, Unit 2

91-93 Cabot St

50 Broadway Apartment Homes

Jaclen Tower

McKay

39 Railroad
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62 Cabot

Centerville Woods 55+ Community

40 Stone St

37 Railroad Ave.

111 Water St

Holmes Beverly

130 Cabot

32 Arthur St

7 Harris St
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Downtown Beverly, Beverly, MA Local Guide

How much does it cost to rent an apartment in Downtown Beverly?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Beverly 1 Bedroom Apartments | $3,135 | $1,850 | $3,957 |
| Downtown Beverly 2 Bedroom Apartments | $3,136 | $1,875 | $4,199 |
| Downtown Beverly 3 Bedroom Apartments | $3,090 | $2,600 | $3,450 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Downtown Beverly Neighborhood of Beverly, MA.
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Downtown Beverly, Beverly, MA Local Guide
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Cheapest Available Downtown Beverly Apartments for Rent
 The cheapest available apartment rental in the Downtown Beverly area of Beverly, MA is a 1 Bed unit found at Burnham Apartment Homes priced from $2,305. The Beverly Collection: Flats at 131 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,503. Here are the most affordable Downtown Beverly apartments for rent in Beverly, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,305 |
| The Beverly Collection: Flats at 131 | Flats at 131 A1A | 1 Bed | 1 Bath | 1BR,1BA | $2,503 |
| Holmes Beverly | 1 Bed 1 Bath | 1BR,1BA | $2,570 |
| Halstead Beverly Townhomes | 1 BR- Espresso Finish | 1BR,1BA | $2,700 |
| Amara | 1B1 | 1BR,1BA | $2,799 |
| Station 101 | 2 Bed A | 2BR,2BA | $2,820 |
Best Value Apartments for Rent in Downtown Beverly, MA
As of September 06, 2026 the best value apartment in the Downtown Beverly area is the $2.50 price per square foot 20 Bennett St Model at 20 Bennett St, Unit 2R in the in the Centerville neighborhood starting from $2,600. The second greatest value Downtown Beverly apartment is the 2 Bed A Model at Station 101 starting at $2,820 with a $2.73 price per square foot in the Centerville neighborhood. Here is today’s list of the best values for Downtown Beverly apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 20 Bennett St, Unit 2R | 20 Bennett St | 3BR,1BA | $2.50 |
| Station 101 | 2 Bed A | 2BR,2BA | $2.73 |
| 315 Rantoul St, Unit 408 | 315 Rantoul St | 2BR,1BA | $2.83 |
| 49 Railroad Ave, Unit 3 | 49 Railroad Ave | 2BR,1BA | $2.84 |
| 73 Essex St, Unit 2 | 73 Essex St | 2BR,1BA | $3.21 |
| Holmes Beverly | 1 Bed 1 Bath | 1BR,1BA | $3.44 |
| Halstead Beverly Townhomes | 1 BR- Espresso Finish | 1BR,1BA | $3.77 |
| Amara | 1B1 | 1BR,1BA | $3.94 |
| Sedna Beverly | 1 Bedroom / 1 Bath (Standard) | 1BR,1BA | $4.30 |
| Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.49 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick 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.
Best Local Schools in Downtown Beverly, Beverly, MA
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Frequently Asked Questions about Cheap Downtown Beverly Apartments
How much is rent for a Cheap One Bedroom Downtown Beverly Apartment?
The lowest price for a Cheap One Bedroom Downtown Beverly Apartment is $2,305 at Burnham Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Downtown Beverly Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Beverly is starting from $2,820 at Station 101.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.