Cheap Homes for Rent in Beverly, MA from $1,200 (20 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.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 116 Lafayette St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio, 1 Bath Home for Rent

Available Now

116 Lafayette St

SalemMA01970
property at 15 Lynde St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

1 Bedroom, 1 Bath Condo for Rent

Available Now

15 Lynde St

SalemMA01970
property at 23 Park St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Condo for Rent

Available Now

23 Park St

SalemMA01970
property at 75 Walnut St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

75 Walnut St

PeabodyMA01960

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 8 Enon St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom Rentals

Available Now

8 Enon St

BeverlyMA01915
property at 8 Williams St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

8 Williams St

SalemMA01970

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.

property at 86 Main St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

86 Main St

PeabodyMA01960
property at 39 Essex St

$2,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

1 Bedroom, 1 Bath Condo for Rent

Available Mar 1

39 Essex St, Unit 2

39 Essex St
SalemMA01970
property at 84 Aborn St

$2,650

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,650

Total Monthly Price
$2,650

2 Bedroom, 2 Bath Condo for Rent

Available Mar 1

84 Aborn St, Unit 1304

84 Aborn St
PeabodyMA01960
property at 23 Park St

$2,650

Plus Fees12 Month Lease Term

2 Bedroom, 1 Bath Home for Rent

Available Now

23 Park St

SalemMA01970

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

Cheapest Neighborhoods for Apartments in Beverly, MA

Pricing Updated: 01/28/2026

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$1,67569

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 28, 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$2.59
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

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 Beverly

What type of rentals are currently available in Beverly?

There are currently 482 Apartments for Rent in Beverly, MA with pricing that ranges from $1,450 to $4,400. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Beverly ranging from $1,250 to $8,650.

What is the current price range for Rental Homes in Beverly?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Beverly ranges from $1,250 to $8,650 with an average monthly rent of $3,725.

How much are larger Three and Four Bedroom Rentals in Beverly?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Beverly range from $2,600 to $4,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $6,250. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $3,350.

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.