
Cheap Homes for Rent in Danvers, MA from $1,250 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Danvers.


4 Mill St, Unit 9

4 Mill St, Unit 5

40 Winthrop St, Unit Room in a house

250 Rantoul St, Unit 1
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

185 Lafayette St, Unit 1A

8 Walbridge St

10 Beaver St

15 Lynde St, Unit 26

253 Washington 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.

257 Washington St, Unit 11

255 Washington St

257 Washington St, Unit 16

35 Locust St

257 Washington St, Unit 16
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.

131 Essex St
Danvers, MA Local Guide

How much does it cost to rent a home in Danvers?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Danvers 2 Bedroom Homes for Rent | $2,998 | $2,100 | $3,800 |
| Danvers 3 Bedroom Homes for Rent | $3,411 | $2,745 | $4,400 |
| Danvers 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Danvers
Explore Danvers
Danvers, MA Local Guide
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Cheapest Neighborhoods for Apartments in Danvers, MA
Pricing Updated: 08/22/2026Current apartment rentals in the Danvers, MA area range in price from $1,900 to $4,334 with an overall median price of $2,764. 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 | $2,764 | $1,900 | 79 |
Cheapest Available Danvers Apartments for Rent
 The cheapest available apartment rental in Danvers, MA is a 1 Bed unit found at 91-93 Cabot St in the Centerville neighborhood priced from $1,250. River Drive Apartments in the Central Peabody neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,625. 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 | 1 Beds, 5 Baths | 1BR,5BA | $1,250 |
| River Drive Apartments | S1G | Studio,1BA | $1,625 |
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| 7 Berry St | 1 Bedroom - 1st Floor | 1BR,1BA | $1,900 |
| Maple Square Apartments | Studio, 1 Bathroom | Studio,1BA | $2,025 |
Best Value Apartments for Rent in Danvers, MA
As of August 23, 2026 the best value apartment in the Danvers area is the $2.00 price per square foot 74 Aborn St Model at 74 Aborn St, Unit 3 in the in the South Salem neighborhood starting from $2,400. The second greatest value Danvers apartment is the 33 Water St Model at 33 Water St, Unit Apt 1 starting at $3,300 with a $2.75 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. |
|---|---|---|---|
| 74 Aborn St, Unit 3 | 74 Aborn St | 2BR,1BA | $2.00 |
| 33 Water St, Unit Apt 1 | 33 Water St | 2BR,2.5BA | $2.75 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $1.90 |
| 20 Locust St | Concept 2 | 2BR,2BA | $2.26 |
| Station 101 | 2 Bed A | 2BR,2BA | $2.73 |
| Folly Hill Meadows | 2Bd 1.5Bt (1000 sq ft) | 2BR,1.5BA | $2.68 |
| 7 Berry St | 1 Bedroom - 1st Floor | 1BR,1BA | $1.90 |
| 29 Park St, Unit 3 bedroom with 2 off street parking spaces | 29 Park St | 3BR,1BA | $2.65 |
| Beverly Commons | 2Bed | 2BR,1BA | $2.57 |
| 256 Washington | 2BR/1.0BA | 2BR,1BA | $2.75 |
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
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 Danvers
What type of rentals are currently available in Danvers?
There are currently 427 Apartments for Rent in Danvers, MA with pricing that ranges from $1,100 to $4,623. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Danvers ranging from $1,250 to $15,000.
What is the current price range for Rental Homes in Danvers?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Danvers ranges from $1,250 to $15,000 with an average monthly rent of $3,273.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.