Cheap Apartments for Rent in Danvers, MA from $600 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in Danvers.

property at 111 Main St

111 Main St

PeabodyMA01960

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2 Main Street
Studio Apartments

2 Main Street

2 Main StPeabody, MA 01960

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Danvers, MA Local Guide

Cheapest Neighborhoods for Apartments in Danvers, MA

Pricing Updated: 09/08/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Danvers MA$4,200$1,900132

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 ListingModel NameBed/BathPriced From
50 Broadway Apartment HomesStudio BStudio,1BA$1,715
River Drive ApartmentsS1GStudio,1BA$1,950
Princeton CrossingDog Friendly One Bedroom Standard1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
8A Forest St, Unit 1R8A Forest StStudio ,1BA$0.27
Spring MeadowsTwo Bedroom2BR,1.5BA$1.48
12 Folger Ave, Unit 312 Folger Ave3BR,1BA$2.25
276 Cabot St, Unit 5276 Cabot St3BR,1BA$2.14
23 Gardner St23 Gardner St2BR,1BA$1.86
144 North St, Unit 1144 North St3BR,1BA$2.04
33 Arthur St, Unit Arthur333 Arthur St3BR,1BA$2.08
20 Locust StConcept 32BR,2BA$2.24
11 Forrester St11 Forrester St3BR,2BA$2.40
37 Endicott St, Unit 337 Endicott St2BR,1BA$2.08

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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.

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