116 Lafayette St
SalemMA01970
Cheap Homes for Rent in Danvers, MA from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Danvers.
15 Lynde St
SalemMA01970
223 Essex St
MelroseMA02176
23 Park St
SalemMA01970
75 Walnut St
PeabodyMA01960
8 Enon St
BeverlyMA01915
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.
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$2,350
Plus Fees
2 Bedroom Apartments Available Now5 Edwards St
5 Edwards StBeverly, MA 01915
2 Hancock St, Unit 3
2 Hancock St
PeabodyMA01960
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$2,500
Plus Fees
2 Bedroom Apartments Available Feb 128 1/2 Grove St
28 1/2 Grove StSalem, MA 01970
8 Williams St
SalemMA01970
86 Main St
PeabodyMA01960
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$2,500
Plus Fees
1 Bedroom Apartments Available Feb 1393 Essex St
393 Essex StSalem, MA 01970
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.
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Danvers, MA Local Guide
Yacht Club - Danversport by Massachusetts Office of Travel & Tourism is licensed under CC BY 2.0
How much does it cost to rent a home in Danvers?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Danvers 2 Bedroom Homes for Rent | $2,881 | $2,200 | $3,800 |
| Danvers 3 Bedroom Homes for Rent | $3,511 | $2,700 | $5,300 |
| Danvers 4 Bedroom Homes for Rent | $4,191 | $3,250 | $5,500 |
| Danvers 6 Bedroom Homes for Rent | $7,950 | $7,950 | $7,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Danvers, MA Local Guide
- Danvers Neighborhoods
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Cheapest Neighborhoods for Apartments in Danvers, MA
Pricing Updated: 01/27/2026Current 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 | $3,358 | $1,800 | 124 |
Cheapest Available Danvers Apartments for Rent and Nearby
The cheapest available apartment rental in Danvers, MA is a Studio unit found at The Residences at St. James in the South Salem neighborhood priced from $1,610. 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 |
|---|---|---|---|
| The Residences at St. James | Studio 60% | Studio,1BA | $1,610 |
| 50 Broadway Apartment Homes | Studio A | Studio,1BA | $1,780 |
| 260 Washington Apartments – Modern Living in the Heart of Salem | 1BR/1.0BA | 1BR,1BA | $1,850 |
| Residences at Lafayette LLC- 176 Lafayette | 1BR/1.0BA | 1BR,1BA | $1,850 |
| River Drive Apartments | S1G | Studio,1BA | $1,875 |
Best Value Apartments for Rent in Danvers, MA and Nearby
As of January 27, 2026 the best value apartment in the Danvers area is the $1.88 price per square foot Three Bedroom Model at 23 Prince Street Apartments in the in the Choate Farm neighborhood starting from $3,750. The second greatest value Danvers apartment is the 8 Randall St Model at 8 Randall St, Unit 2 starting at $3,350 with a $1.83 price per square foot in the North 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 | $1.88 |
| 8 Randall St, Unit 2 | 8 Randall St | 4BR,1.5BA | $1.83 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| 37 Endicott St, Unit 3 | 37 Endicott St | 2BR,1BA | $1.67 |
| 240 Conant Apartments | 2 Bed T02 | 2BR,2BA | $2.59 |
| Station 101 | 2 Bed A | 2BR,2BA | $2.62 |
| 26 Gregg St, Unit 2 | 26 Gregg St | 2BR,1BA | $2.60 |
| 20 Locust St | Concept 1 | 1BR,1BA | $2.62 |
| Folly Hill Meadows | 1Bd 1Bt (820 sq ft) | 1BR,1BA | $2.68 |
| 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.
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Don'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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
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Best Local Schools in Danvers, MA
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Frequently Asked Questions about Danvers
What type of rentals are currently available in Danvers?
There are currently 431 Apartments for Rent in Danvers, MA with pricing that ranges from $1,450 to $4,750. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Danvers ranging from $1,250 to $7,950.
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 $7,950 with an average monthly rent of $3,662.
How much are larger Three and Four Bedroom Rentals in Danvers?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Danvers range from $2,600 to $4,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $5,300. Four Bedroom Single-Family rentals are also available starting from $3,250 and Four Bedroom Apartments start at $3,350.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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
Written by: Christine Leonard, Esq.
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.