Cheap Apartments for Rent in Danvers, IL from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Danvers.

Washington Senior Apartments

Summertree Rental Residences

Ironwood Gardens Apartments

Traditions Bloomington

Lincoln Square Apartments
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.

Danbury Court Apartments

Parkway Court Apartments

300 Shelbourne

Fox Hill Apartments

Lancaster Heights

Currency Commons Apartments
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.

East Douglas Apartments

Oak Point Apartments

502 E Locust St
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.
Danvers, IL Local Guide

How much does it cost to rent an apartment in Danvers?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Danvers Studio Apartments | $1,121 | $548 | $4,666 |
| Danvers 1 Bedroom Apartments | $1,720 | $805 | $6,660 |
| Danvers 2 Bedroom Apartments | $1,468 | $664 | $10,000+ |
| Danvers 3 Bedroom Apartments | $1,720 | $798 | $2,800 |
| Danvers 4 Bedroom Apartments | $1,323 | $709 | $2,250 |
Browse Top Apartments in Danvers
See all Apartments in DanversExplore Danvers
Danvers, IL Local Guide
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Cheapest Available Danvers Apartments for Rent and Nearby
 The cheapest available apartment rental in Danvers, IL is a Studio unit found at Washington Senior Apartments in the Downtown Bloomington neighborhood priced from $548. Ironwood Gardens Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $762. Here is today’s list of the most affordable Danvers apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Washington Senior Apartments | Studio | Studio,1BA | $548 |
| Ironwood Gardens Apartments | Studio | Studio,1BA | $762 |
| Class Act Realty | 1 Bedroom | 1BR,1BA | $805 |
| Parkway Court Apartments | 1 bedroom/1 bath apartment | 1BR,1BA | $900 |
| Danbury Court Apartments | One Bedroom, One Bath (affordable) | 1BR,1BA | $900 |
Best Value Apartments for Rent in Danvers, IL and Nearby
As of January 05, 2026 the best value apartment in the Danvers area is the $0.58 price per square foot 4 Balcony Renovated Model at The Social on Hovey in the in the Downtown Normal neighborhood starting from $889. The second greatest value Danvers apartment is the 2BR/ 1BA Model at East Douglas Apartments starting at $1,000 with a $0.83 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Danvers apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Social on Hovey | 4 Balcony Renovated | 4BR,4BA | $0.58 |
| East Douglas Apartments | 2BR/ 1BA | 2BR,1BA | $0.83 |
| 3 Stortz Drive | All units | 2BR,2BA | $1.08 |
| 108 Oak Creek Plaza | 2/1 Vaulted Ceilings LVP Flooring | 2BR,1BA | $1.04 |
| Danbury Court Apartments | Two Bedroom, Two Bath (market) | 2BR,2BA | $1.11 |
| Currency Commons Apartments | 2B2B | 2BR,2BA | $1.14 |
| 701 Franklin | Apt 2 | 4BR,2BA | $0.55 |
| Lincoln Square Apartments | 2 Bedroom 1.5 Bath Townhouse. | 2BR,1.5BA | $1.03 |
| 700 N Adelaide St | Rent Per Student for 2 | 2BR,1.5BA | $0.66 |
| The Social Normal | The Redbird Corner Renovated | 2BR,2BA | $1.11 |
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 ArticleThe 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Danvers, IL Rentals by Map
See the most popular apartments and homes in Danvers, IL
Frequently Asked Questions about Cheap Danvers Apartments
What is the Cheapest Studio apartment in Danvers?
Currently the most affordable Cheap Studio Apartment in Danvers is at Washington Senior Apartments listed at $548.
How much is rent for a Cheap One Bedroom Danvers Apartment?
The lowest price for a Cheap One Bedroom Danvers Apartment is $805 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 $885 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 Lincoln Square Apartments and starts from $1,090.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!






