
Cheap Apartments for Rent in Danvers, MA from $600 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in Danvers.


Total Monthly Price
20 Locust St

Maple Square Apartments

Total Monthly Price
Bradlee Danvers

Perry Street Apartments

River Drive Apartments

7 Berry St

6 Venice St

40R Highland Ave

10 Howard St, Unit 2
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10 Howard St, Unit 3

10 Howard St, Unit 1

Salem Heights

150 Federal St, Unit FOR RENT UTILITIES WIFI PARKING

Total Monthly Price
6 Castle Cir, Unit B

Salem Highlands

Historic 1 Harbor St

7 Home St, Unit Apartment 1R

126 Lowell St

40 Winthrop St, Unit Room in a house
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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.

Terrace Gardens

Station 101

257 Washington St, Unit 11

257 Washington St, Unit 3

257 Washington St, Unit 3

248 Rantoul St

Princeton Crossing

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30 Gardner St, Unit 2

257 Washington St, Unit 16

257 Washington St, Unit 16
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.

Folly Hill Meadows

15 River St

13 School St

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84 Hathorne St, Unit 1 rear

Terrace Estates Apartments

Total Monthly Price
Alexan Peabody

Total Monthly Price
Beverly Commons

Total Monthly Price
Hannah Village

Total Monthly Price
eaves Peabody

Total Monthly Price
The Beverly Collection: Link 480
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Total Monthly Price
6 Berry St, Unit 1

Total Monthly Price
14 North

Burnham Apartment Homes

260 Washington Apartments – Modern Living in the Heart of Salem

19 Fayette St

Total Monthly Price
9 Central St, Unit 9C-1

41 Elliott St, Unit 1

84 Margin St

5 Pearl St

Total Monthly Price
19 Fayette St, Unit 1
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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 | $2,298 | $1,100 | $3,989 |
| Cheap Danvers 1 Bedroom Apartments | $2,619 | $1,400 | $3,700 |
| Cheap Danvers 2 Bedroom Apartments | $3,111 | $1,700 | $5,082 |
| Cheap Danvers 3 Bedroom Apartments | $3,323 | $2,600 | $4,360 |
| Cheap Danvers 4 Bedroom Apartments | $8,673 | $3,600 | $10,000+ |
Browse Top Apartments in Danvers
See all Apartments in DanversExplore Danvers
Danvers, MA Local Guide
- Danvers Neighborhoods
- Nearby Cities
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Cheapest Available Danvers Apartments for Rent
 The cheapest available apartment rental in Danvers, MA is a Studio unit found at 91-93 Cabot St in the Centerville neighborhood priced from $1,150. Salem Highlands in the South Salem neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. Here is today’s list of the most affordable Danvers apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 91-93 Cabot St | 0 Beds, 1 Baths | Studio,1BA | $1,150 |
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| River Drive Apartments | S1G | Studio,1BA | $1,800 |
| 20 Locust St | Concept 4 | 1BR,1BA | $2,052 |
| Maple Square Apartments | Studio, 1 Bathroom | Studio,1BA | $2,150 |
| Folly Hill Meadows | 1Bd 1Bt (820 sq ft) | 1BR,1BA | $2,195 |
| Alexan Peabody | ZA1 | 1BR,1BA | $2,262 |
| Hannah Village | One Bedroom | 1BR,1BA | $2,300 |
| eaves Peabody | A1 | 1BR,1BA | $2,353 |
| The Beverly Collection: Link 480 | Link S1A | Studio | 1 Bath | Studio,1BA | $2,358 |
Best Value Apartments for Rent in Danvers, MA
As of June 08, 2026 the best value apartment in the Danvers area is the $1.81 price per square foot 84 Endicott St Model at 84 Endicott St, Unit 1-R in the in the South Peabody neighborhood starting from $3,250. The second greatest value Danvers apartment is the 6 March St Model at 6 March St, Unit 6 March St starting at $3,600 with a $2.40 price per square foot in the Centerville 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. |
|---|---|---|---|
| 84 Endicott St, Unit 1-R | 84 Endicott St | 3BR,1BA | $1.81 |
| 6 March St, Unit 6 March St | 6 March St | 4BR,1BA | $2.40 |
| 36 Conant St, Unit #2 | 36 Conant St | 3BR,3BA | $2.27 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| 13 Becket St, Unit 2 | 13 Becket St | 2BR,1BA | $1.91 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $1.98 |
| 240 Conant Apartments | 2 Bed T02 | 2BR,2BA | $2.39 |
| 9 Central St, Unit 9C-1 | 9 Central St | 2BR,1BA | $2.28 |
| 20 Locust St | Concept 4 | 1BR,1BA | $2.41 |
| Folly Hill Meadows | 1Bd 1Bt (820 sq ft) | 1BR,1BA | $2.68 |
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 ArticleTop Neighborhoods Near Boston Colleges and Universities
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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 the Cheapest Studio apartment in Danvers?
Currently the most affordable Cheap Studio Apartment in Danvers is at 91-93 Cabot St listed at $1,150.
How much is rent for a Cheap One Bedroom Danvers Apartment?
The lowest price for a Cheap One Bedroom Danvers Apartment is $1,975 at Salem Highlands.
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 $2,350 at River Drive Apartments.
What is the most affordable Danvers Three Bedroom Apartment?
The best deal on a cheap Danvers Three Bedroom Apartment rental is at Bradlee Danvers and starts from $3,609.
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
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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
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Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
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