Cheap Apartments for Rent in Danvers, MA from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Danvers.

Salem Heights

The Lighthouses

111 Main St
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 | $2,109 | $1,473 | $3,456 |
Cheap Danvers 1 Bedroom Apartments | $2,467 | $1,350 | $3,995 |
Cheap Danvers 2 Bedroom Apartments | $3,038 | $1,500 | $4,403 |
Cheap Danvers 3 Bedroom Apartments | $3,383 | $2,188 | $4,875 |
Cheap Danvers 4 Bedroom Apartments | $6,073 | $3,400 | $10,000+ |
Browse Top Apartments in Danvers
See all Apartments in DanversExplore Danvers
Danvers, MA Local Guide
- Danvers Neighborhoods
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Cheapest Neighborhoods for Apartments in Danvers, MA
Pricing Updated: 09/08/2025Current 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 | $4,200 | $1,900 | 132 |
Cheapest Available Danvers Apartments for Rent
 The cheapest available apartment rental in Danvers, MA is a Studio unit found at 50 Broadway Apartment Homes in the Centerville neighborhood priced from $1,715. River Drive Apartments in the Central Peabody neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,950. Here is today’s list of the most affordable Danvers apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
50 Broadway Apartment Homes | Studio B | Studio,1BA | $1,715 |
River Drive Apartments | S1G | Studio,1BA | $1,950 |
Princeton Crossing | Dog Friendly One Bedroom Standard | 1BR,1BA | $2,099 |
Best Value Apartments for Rent in Danvers, MA
As of September 08, 2025 the best value apartment in the Danvers area is the $0.27 price per square foot 8A Forest St Model at 8A Forest St, Unit 1R in the in the South Peabody neighborhood starting from $2,675. The second greatest value Danvers apartment is the Two Bedroom Model at Spring Meadows starting at $2,950 with a $1.48 price per square foot in the Choate Farm 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. |
---|---|---|---|
8A Forest St, Unit 1R | 8A Forest St | Studio ,1BA | $0.27 |
Spring Meadows | Two Bedroom | 2BR,1.5BA | $1.48 |
12 Folger Ave, Unit 3 | 12 Folger Ave | 3BR,1BA | $2.25 |
276 Cabot St, Unit 5 | 276 Cabot St | 3BR,1BA | $2.14 |
23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
144 North St, Unit 1 | 144 North St | 3BR,1BA | $2.04 |
33 Arthur St, Unit Arthur3 | 33 Arthur St | 3BR,1BA | $2.08 |
20 Locust St | Concept 3 | 2BR,2BA | $2.24 |
11 Forrester St | 11 Forrester St | 3BR,2BA | $2.40 |
37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $2.08 |
Quick 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!
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 50 Broadway Apartment Homes listed at $1,715.
How much is rent for a Cheap One Bedroom Danvers Apartment?
The lowest price for a Cheap One Bedroom Danvers Apartment is $2,099 at Princeton Crossing.
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 $2,300 at Gardner Commons.
What is the most affordable Danvers Three Bedroom Apartment?
The best deal on a cheap Danvers Three Bedroom Apartment rental is at Alexan Peabody and starts from $3,645.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.