Cheap Apartments for Rent in Danvers, MA from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Danvers.

Total Monthly Price
1 Hathorne Cres

Salem Heights

Total Monthly Price
17 Dunlap St, Unit 2A
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.

The Residences at St. James

Salem Highlands

Fairweather Apartments (Age 62+ Community)
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.
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 | $2,015 | $1,500 | $2,999 |
| Cheap Danvers 1 Bedroom Apartments | $2,471 | $1,450 | $3,995 |
| Cheap Danvers 2 Bedroom Apartments | $2,973 | $1,600 | $4,750 |
| Cheap Danvers 3 Bedroom Apartments | $3,365 | $800 | $4,705 |
| Cheap Danvers 4 Bedroom Apartments | $3,250 | $3,100 | $3,400 |
Browse Top Apartments in Danvers
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Danvers, MA Local Guide
- Danvers Neighborhoods
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Cheapest Neighborhoods for Apartments in Danvers, MA
Pricing Updated: 12/09/2025Current 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 | $3,547 | $1,900 | 115 |
Cheapest Available Danvers Apartments for Rent
 The cheapest available apartment rental in Danvers, MA is a Studio unit found at River Drive Apartments in the Central Peabody neighborhood priced from $1,550. 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 |
|---|---|---|---|
| River Drive Apartments | S1G | Studio,1BA | $1,550 |
| 50 Broadway Apartment Homes | Studio A | Studio,1BA | $1,780 |
| Park Towers | 1 Bedroom Apt | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Danvers, MA
As of December 09, 2025 the best value apartment in the Danvers area is the $1.73 price per square foot Three Bedroom Model at 23 Prince Street Apartments in the in the Choate Farm neighborhood starting from $3,450. The second greatest value Danvers apartment is the 23 Gardner St Model at 23 Gardner St starting at $2,600 with a $1.86 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 | $1.73 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| 100 Washington St, Unit 26 | 100 Washington St | 2BR,1BA | $1.63 |
| 37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $1.67 |
| 240 Conant Apartments | 2 Bed T02 | 2BR,2BA | $2.48 |
| 6 Wheeler St, Unit 1 | 6 Wheeler St | 1BR,1BA | $2.03 |
| 26 Gregg St, Unit 2 | 26 Gregg St | 2BR,1BA | $2.60 |
| 20 Locust St | Concept 1 | 1BR,1BA | $2.62 |
| 17 Dunlap St, Unit 2A | 17 Dunlap St | Studio ,1BA | $1.88 |
| 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
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 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
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
Getting Around Danvers, MA
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 River Drive Apartments listed at $1,550.
How much is rent for a Cheap One Bedroom Danvers Apartment?
The lowest price for a Cheap One Bedroom Danvers Apartment is $1,900 at Park Towers.
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 $2,050 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 14 North and starts from $3,380.
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

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
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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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



