
Cheap Apartments for Rent in Danvers, MA from $1,100 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Danvers.


Maple Square Apartments

Total Monthly Price
22 Lawrence St, Unit Apartment

35 Collins St, Unit 92

River Drive Apartments

Perry Street Apartments

40R Highland Ave

Salem Heights

12 Dow St

4 Mill St, Unit 5
Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Moving to Boston? Discover how to handle unique rental rules, avoid common moving day pitfalls, and prepare for your first winter in the city

Salem Highlands

256 Washington

16 Broadway

Total Monthly Price
15 Dodge St, Unit 1

260 Washington St, Unit 22

6 School St

126 Lowell St

16 Franklin Pl

7 Cedar St

41 Elliott St
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.

Grove Street Landing

Terrace Gardens

Total Monthly Price
248 Rantoul St, Unit L1

250 Rantoul St, Unit 1

5 Cliff St, Unit #5

14 Pond St, Unit #2r

Station 101

6 Northey St

Princeton Crossing

Total Monthly Price
Beverly Commons
What It Really Costs to Live in Boston: A Local Renter’s Guide
Thinking of moving to Boston? Discover the real cost of living in the city. Our local expert guide breaks down rent, hidden utility costs, transportation tips, and neighborhood tradeoffs to help you budget smarter.

Total Monthly Price
296-300 Washington St

7 Harris St

6 Gallows Hill Rd

257 Washington St

2 Main Street

Fairweather Apartments (Age 62+ Community)

91-93 Cabot St

116 Lafayette St

The Residences at St. James

The Lighthouses
Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities
Find your perfect apartment outside Boston. We review Quincy, Braintree, Malden, Somerville, and Lynn, covering local hotspots, commute options, and available rental types.

4 Mill St, Unit 5

50 Broadway Apartment Homes

10 Summer Street

Jaclen Tower

Fairfax

122 Boston

Peabody Place, LLC.

Historic 1 Harbor St

Park Towers

18 Japonica St
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.
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 | $2,026 | $1,100 | $2,403 |
| Cheap Danvers 1 Bedroom Apartments | $2,680 | $1,550 | $3,957 |
| Cheap Danvers 2 Bedroom Apartments | $2,907 | $1,700 | $4,199 |
| Cheap Danvers 3 Bedroom Apartments | $3,255 | $2,500 | $4,415 |
| Cheap Danvers 4 Bedroom Apartments | $3,100 | $2,800 | $3,400 |
Browse Top Apartments in Danvers
See all Apartments in DanversExplore Danvers
Danvers, MA Local Guide
- Danvers Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Danvers, MA
Pricing Updated: 09/07/2026Current apartment rentals in the Danvers, MA area range in price from $1,850 to $4,415 with an overall median price of $2,740. 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 | $2,740 | $1,850 | 83 |
Cheapest Available Danvers Apartments for Rent
 The cheapest available apartment rental in Danvers, MA is a Studio unit found at Salem Highlands in the South Salem neighborhood priced from $1,700. 10 Summer Street in the South Salem neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,800. Here is today’s list of the most affordable Danvers apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| 10 Summer Street | 0BR/1.0BA | Studio,1BA | $1,800 |
| 256 Washington | 1BR/1.0BA | 1BR,1BA | $1,850 |
| 7 Berry St | 1 Bedroom - 1st Floor | 1BR,1BA | $1,900 |
| Maple Square Apartments | Studio, 1 Bathroom | Studio,1BA | $2,025 |
| 296-300 Washington St | 2 Bed | 2BR,1BA | $2,199 |
| River Drive Apartments | B1 | 2BR,1BA | $2,250 |
| Boston/Federal Street | 1BR/1.0BA | 1BR,1BA | $2,250 |
| Hannah Village | One Bedroom | 1BR,1BA | $2,300 |
Best Value Apartments for Rent in Danvers, MA
As of September 07, 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 39 Salem St Model at 39 Salem St, Unit 1 starting at $2,750 with a $2.20 price per square foot in the South 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 |
| 39 Salem St, Unit 1 | 39 Salem St | 3BR,1BA | $2.20 |
| 74 Aborn St, Unit 3 | 74 Aborn St | 2BR,1BA | $1.92 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $1.92 |
| 77R Goodale St, Unit A | 77R Goodale St | 2BR,1BA | $2.50 |
| 20 Locust St | Concept 2 | 2BR,2BA | $2.26 |
| 6 Cherry St, Unit Cherry St Danvers | 6 Cherry St | 2BR,1BA | $2.36 |
| 20 Bennett St, Unit 2R | 20 Bennett St | 3BR,1BA | $2.50 |
| 7 Berry St | 1 Bedroom - 1st Floor | 1BR,1BA | $1.90 |
| Beverly Commons | 2Bed | 2BR,1BA | $2.60 |
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
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 ArticleReal 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.
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.
Best Local Schools in Danvers, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Danvers, MA Rentals by Map
See the most popular apartments and homes in Danvers, MA
Frequently Asked Questions about Cheap Danvers Apartments
What is a cheap apartment in Danvers?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Danvers is under $2,300.
What is the price of a cheap apartment in Danvers?
The cheapest apartment in Danvers is 256 Washington which is listed at $1,850, while the average apartment in Danvers costs $2,740.
What types of apartments are the cheapest in Danvers?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Danvers that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Danvers?
Cheap apartments in Danvers have an average cost of $113 which is $2,627 cheaper than the average rent for all rentals in Danvers.
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

Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

What It Really Costs to Live in Boston: A Local Renter's Guide
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com expert for Boston!

Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com expert for Boston, and I’m excited to help you find your next home!
Articles, How-To's, and Tips

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.