
Cheap Apartments for Rent in Danvers, MA from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Danvers.


Salem Heights

The Residences at St. James

Salem Highlands

160 Federal St
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Total Monthly Price
36 Endicott St, Unit 1R

Historic 1 Harbor St

50 Broadway

126 Lowell St

75 Cabot St
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81 Cabot St

2 Main Street

Fairweather Apartments (Age 62+ Community)

The Lighthouses

50 Broadway
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Danvers, MA Local Guide

How much does it cost to rent an apartment in Danvers?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Danvers Studio Apartments | $2,089 | $1,610 | $2,999 |
| Cheap Danvers 1 Bedroom Apartments | $2,420 | $1,450 | $3,995 |
| Cheap Danvers 2 Bedroom Apartments | $2,950 | $1,600 | $4,750 |
| Cheap Danvers 3 Bedroom Apartments | $3,329 | $2,650 | $4,175 |
| Cheap Danvers 4 Bedroom Apartments | $3,125 | $2,900 | $3,350 |
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Danvers, MA Local Guide
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Cheapest Neighborhoods for Apartments in Danvers, MA
Pricing Updated: 01/23/2026Current apartment rentals in the Danvers, 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 Danvers Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Danvers MA | $3,378 | $1,800 | 126 |
Cheapest Available Danvers Apartments for Rent
 The cheapest available apartment rental in Danvers, MA is a Studio unit found at The Residences at St. James in the South Salem neighborhood priced from $1,610. 50 Broadway Apartment Homes in the Centerville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,780. Here is today’s list of the most affordable Danvers apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at St. James | Studio 60% | Studio,1BA | $1,610 |
| 50 Broadway Apartment Homes | Studio A | Studio,1BA | $1,780 |
| 260 Washington Apartments – Modern Living in the Heart of Salem | 1BR/1.0BA | 1BR,1BA | $1,850 |
| Residences at Lafayette LLC- 176 Lafayette | 1BR/1.0BA | 1BR,1BA | $1,850 |
| River Drive Apartments | S1G | Studio,1BA | $1,875 |
Best Value Apartments for Rent in Danvers, MA
As of January 23, 2026 the best value apartment in the Danvers area is the $1.88 price per square foot Three Bedroom Model at 23 Prince Street Apartments in the in the Choate Farm neighborhood starting from $3,750. The second greatest value Danvers apartment is the 8 Randall St Model at 8 Randall St, Unit 2 starting at $3,350 with a $1.83 price per square foot in the North Salem 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. |
|---|---|---|---|
| 23 Prince Street Apartments | Three Bedroom | 3BR,1.5BA | $1.88 |
| 8 Randall St, Unit 2 | 8 Randall St | 4BR,1.5BA | $1.83 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| 37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $1.67 |
| 240 Conant Apartments | 2 Bed T02 | 2BR,2BA | $2.59 |
| Station 101 | 2 Bed A | 2BR,2BA | $2.62 |
| 26 Gregg St, Unit 2 | 26 Gregg St | 2BR,1BA | $2.60 |
| 20 Locust St | Concept 1 | 1BR,1BA | $2.62 |
| Folly Hill Meadows | 1Bd 1Bt (820 sq ft) | 1BR,1BA | $2.68 |
| Park Towers | 1 Bedroom Apt | 1BR,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 ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleTop 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 ArticleQuick Rent Budget Calculator
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Best Local Schools in Danvers, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 The Residences at St. James listed at $1,610.
How much is rent for a Cheap One Bedroom Danvers Apartment?
The lowest price for a Cheap One Bedroom Danvers Apartment is $1,725 at The Residences at St. James.
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 $2,399 at Princeton Crossing.
What is the most affordable Danvers Three Bedroom Apartment?
The best deal on a cheap Danvers Three Bedroom Apartment rental is at 14 North and starts from $3,361.
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

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.

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!

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.

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

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.

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.

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.