Cheap Apartments for Rent in the Downtown Beverly Neighborhood of Beverly, MA from $1,700 (29 Rentals)

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

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12 Madison Ave
$2,300
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300
Studio to 1 Bedroom Apartment Available May 1

12 Madison Ave

12 Madison AveBeverly, MA 01915
  • Smoke Free
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73 Essex St, Unit 1, Unit 1
$2,450
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450
2 Bedroom Apartment Available May 1

73 Essex St, Unit 1, Unit 1

73 Essex StBeverly, MA 01915
  • Smoke Free

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.

property at 12 Cox Ct

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Home for Rent

Available Now

12 Cox Ct

BeverlyMA01915
property at 248 Rantoul St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

2 Bedroom, 1 Bath Home for Rent

Available May 10

248 Rantoul St

BeverlyMA01915

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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22 Rantoul St, Unit 1, Unit 1
$2,800
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,800

Total Monthly Price
$2,800
2 Bedroom Apartment Available Now

22 Rantoul St, Unit 1, Unit 1

22 Rantoul StBeverly, MA 01915
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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.

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Jaclen Tower
1 to 2 Bedroom Apartments

Jaclen Tower

215-221 Rantoul StBeverly, MA 01915
Senior Living
  • Utilities Included
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McKay
1 to 2 Bedroom Apartments

McKay

131 McKay StBeverly, MA 01915
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39 Railroad
1 to 2 Bedroom Apartments

39 Railroad

39 Railroad AveBeverly, MA 01915
  • Smoke Free
property at 15 Ives St

$2,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

15 Ives St, Unit 6, Unit 6

15 Ives St
BeverlyMA01915
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40 Stone St
Studio to 2 Bedroom Apartments

40 Stone St

40 Stone StBeverly, MA 01915
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Holmes Beverly
Studio to 2 Bedroom Apartments

Holmes Beverly

110 Rantoul StBeverly, MA 01915
Corporate Housing
  • Utilities Included

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.

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130 Cabot
1 to 2 Bedroom Apartments

130 Cabot

130 Cabot StBeverly, MA 01915

Downtown Beverly, Beverly, MA Local Guide

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 ListingModel NameBed/BathPriced From
50 Broadway Apartment HomesStudio AStudio,1BA$1,780
Burnham Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$2,465
Enterprise Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$2,470
Station 1011 Bed1BR,1BA$2,475
The Beverly Collection: The BlockBlock A1A | 1 Bed | 1 Bath1BR,1BA$2,614
The Beverly Collection: CanvasCanvas A1B | 1 Bed | 1 Bath1BR,1BA$2,698
Holmes Beverly1 Bed 1 Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Beverly Collection: Flats at 131Flats at 131 B2D | 2 Bed | 2 Bath2BR,2BA$3.55
Halstead Beverly Townhomes2 BR - Espresso Finish2BR,1.5BA$2.98
31 Pleasant St, Unit 331 Pleasant St2BR,1BA$2.94
22 Rantoul St, Unit 122 Rantoul St2BR,1BA$3.33
72 Sohier Rd, Unit 272 Sohier Rd1BR,1BA$3.06
Holmes Beverly1 Bed 1 Bath1BR,1BA$3.61
Burnham Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$3.44
52 Essex St, Unit 52 Essex st Apt 352 Essex St1BR,1BA$3.14
The Beverly Collection: The BlockBlock A1A | 1 Bed | 1 Bath1BR,1BA$3.99
Enterprise Apartment Homes1 Bedroom 1 Bathroom1BR,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.

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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.

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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.

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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.

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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.

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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 $2,465 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

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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.