
Cheap Apartments for Rent in the Downtown Beverly Neighborhood of Beverly, MA from $1,700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Beverly area of Beverly.


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52 Essex St, Unit 52 Essex st Apt 3, Unit 52 Essex st Apt 3

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72 Sohier Rd, Unit 2, Unit 2

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12 Madison Ave

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73 Essex St, Unit 1, Unit 1

Burnham Apartment Homes

Enterprise Apartment Homes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Station 101

12 Cox Ct

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31 Pleasant St, Unit 3, Unit 3

371 Cabot St

248 Rantoul St

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The Beverly Collection: Flats at 131

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The Beverly Collection: Canvas
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.

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The Beverly Collection: Link 480

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The Beverly Collection: The Block

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Halstead Beverly Townhomes

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22 Rantoul St, Unit 1, Unit 1

315 Rantoul St, Unit 404, Unit 404

371 Cabot St

50 Broadway Apartment Homes
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.

Jaclen Tower

McKay

39 Railroad

15 Ives St, Unit 6, Unit 6

Centerville Woods 55+ Community

40 Stone St

Holmes Beverly
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

130 Cabot
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 Studio Apartments | $2,517 | $2,300 | $2,734 |
| Downtown Beverly 1 Bedroom Apartments | $2,902 | $2,200 | $3,829 |
| Downtown Beverly 2 Bedroom Apartments | $3,388 | $2,450 | $4,915 |
| Downtown Beverly 3 Bedroom Apartments | $3,371 | $3,000 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Downtown Beverly Neighborhood of Beverly, MA.
See all Apartments in BeverlyExplore Beverly
Downtown Beverly, Beverly, MA Local Guide
- Nearby Beverly neighborhoods
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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 Studio unit found at 50 Broadway Apartment Homes priced from $1,780. Burnham Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,465. Here are the most affordable Downtown Beverly apartments for rent in Beverly, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 50 Broadway Apartment Homes | Studio A | Studio,1BA | $1,780 |
| Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,465 |
| Enterprise Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $2,470 |
| Station 101 | 1 Bed | 1BR,1BA | $2,475 |
| The Beverly Collection: The Block | Block A1A | 1 Bed | 1 Bath | 1BR,1BA | $2,614 |
| The Beverly Collection: Canvas | Canvas A1B | 1 Bed | 1 Bath | 1BR,1BA | $2,698 |
| Holmes Beverly | 1 Bed 1 Bath | 1BR,1BA | $2,700 |
Best Value Apartments for Rent in Downtown Beverly, MA
As of April 23, 2026 the best value apartment in the Downtown Beverly area is the $3.55 price per square foot Flats at 131 B2D | 2 Bed | 2 Bath Model at The Beverly Collection: Flats at 131 in the in the Centerville neighborhood starting from $3,887. The second greatest value Downtown Beverly apartment is the 2 BR - Espresso Finish Model at Halstead Beverly Townhomes starting at $2,875 with a $2.98 price per square foot in the Beverly Farms 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. |
|---|---|---|---|
| The Beverly Collection: Flats at 131 | Flats at 131 B2D | 2 Bed | 2 Bath | 2BR,2BA | $3.55 |
| Halstead Beverly Townhomes | 2 BR - Espresso Finish | 2BR,1.5BA | $2.98 |
| 31 Pleasant St, Unit 3 | 31 Pleasant St | 2BR,1BA | $2.94 |
| 22 Rantoul St, Unit 1 | 22 Rantoul St | 2BR,1BA | $3.33 |
| 72 Sohier Rd, Unit 2 | 72 Sohier Rd | 1BR,1BA | $3.06 |
| Holmes Beverly | 1 Bed 1 Bath | 1BR,1BA | $3.61 |
| Burnham Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.44 |
| 52 Essex St, Unit 52 Essex st Apt 3 | 52 Essex St | 1BR,1BA | $3.14 |
| The Beverly Collection: The Block | Block A1A | 1 Bed | 1 Bath | 1BR,1BA | $3.99 |
| Enterprise Apartment Homes | 1 Bedroom 1 Bathroom | 1BR,1BA | $3.60 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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Read ArticleCash 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 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
School data provided by Great Schools
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 $2,465 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 $2,800 at Halstead Beverly Townhomes.
What is the most affordable Downtown Beverly Three Bedroom Apartment?
The best deal on a cheap Downtown Beverly Three Bedroom Apartment rental is at Halstead Beverly Townhomes and starts from $3,850.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.