Cheap Apartments for Rent in Danvers, IL from $530 (41 Rentals)

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

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Briarwood Manor
1 to 2 Bedroom Apartments

Briarwood Manor

301 S East StDanvers, IL 61732

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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314 Mecherle
1 to 2 Bedroom Apartments

314 Mecherle

314 Mecherle DrBloomington, IL 61701
property at 505 E Locust St

$795 - $850

1 To 2 Bedroom Rentals

Available Now

505 E Locust St

BloomingtonIL61701
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2 Curtis Ct
2 Bedroom Apartments

2 Curtis Ct

2 Curtis CtNormal, IL 61761
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Oak Creek Plaza
2 Bedroom Apartments

Oak Creek Plaza

108 Oak Creek PlzBloomington, IL 61704
  • Utilities Included
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Parkview Apartments
1 to 3 Bedroom Apartments

Parkview Apartments

101 Northfield DrNormal, IL 61761
  • Utilities Included
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1 White Place
Studio to 2 Bedroom Apartments

1 White Place

1 White PlBloomington, IL 61701

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.

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Harvest View
2 Bedroom Apartments

Harvest View

1710-1791 Putnam AveNormal, IL 61761
  • 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.

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Showing Results 1-41, Page 1 of 1

Danvers, IL Local Guide

Cheapest Available Danvers Apartments for Rent and Nearby

 

The cheapest available apartment rental in Danvers, IL is a 3 Beds unit found at 701 Franklin in the Downtown Normal neighborhood priced from $530. Washington Senior Apartments in the Downtown Bloomington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $546. Here is today’s list of the most affordable Danvers apartments for rent:

Apartment ListingModel NameBed/BathPriced From
701 FranklinApt 13BR,1BA$530
Washington Senior ApartmentsStudioStudio,1BA$546
Class Act Realty1 Bedroom1BR,1BA$835
CollegePlace Uptown2BR/1BA - Upgrade2BR,1BA$860
The Grove at Main2 Bed / 1 Bath - URB2BR,1BA$899
East Douglas Apartments2BR/ 1BA2BR,1BA$900
Ironwood Gardens ApartmentsStudioStudio,1BA$982
Currency Commons Apartments2B1B2BR,1BA$1,000
Lancaster HeightsOne Bedroom1BR,1BA$1,000
Danbury Court1 Bedroom1BR,1BA$1,075

Best Value Apartments for Rent in Danvers, IL and Nearby

As of August 24, 2026 the best value apartment in the Danvers area is the $0.49 price per square foot 4 Balcony Renovated Model at The Social on Hovey in the in the Downtown Normal neighborhood starting from $749. The second greatest value Danvers apartment is the 4x4 Furnished Townhome Model at The Social at Illinois State starting at $699 with a $0.47 price per square foot in the Downtown Normal neighborhood. Here is today’s list of the best values for Danvers apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Social on Hovey4 Balcony Renovated4BR,4BA$0.49
The Social at Illinois State4x4 Furnished Townhome4BR,4BA$0.47
The Social NormalThe Reggie Renovated4BR,4BA$0.54
3 Stortz DriveAll units2BR,2BA$1.08
East Douglas Apartments2BR/ 1BA2BR,1BA$0.75
701 FranklinApt 13BR,1BA$0.48
Traditions BloomingtonTwo Bedroom - Market2BR,2BA$1.18
The Grove at Main2 Bed / 1 Bath 1906L Tracy2BR,1BA$1.09
Currency Commons Apartments2B1B2BR,1BA$1.00
700 N Adelaide StRent Per Student for 22BR,1.5BA$0.77

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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Frequently Asked Questions about Cheap Danvers Apartments

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

The lowest price for a Cheap One Bedroom Danvers Apartment is $835 at Class Act Realty.

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

Today's best deal for a Cheap Two Bedroom Apartment in Danvers is starting from $850 at Class Act Realty.

What is the most affordable Danvers Three Bedroom Apartment?

The best deal on a cheap Danvers Three Bedroom Apartment rental is at 701 Franklin and starts from $530.

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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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.