116 Lafayette St
SalemMA01970
Cheap Homes for Rent in Danvers, MA from $1,200 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Danvers.
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$1,700Studio Apartments Available Now
11 River Dr, Unit B
11 River DrDanvers, MA 01923
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$1,700Studio Apartments Available Now
3 River Dr, Unit B
3 River DrDanvers, MA 01923
4 Mill St, Unit 9
4 Mill St
PeabodyMA01960
4 Mill St, Unit 5
4 Mill St
PeabodyMA01960
40 Winthrop St, Unit Room in a house
40 Winthrop St
SalemMA01970
Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.
15 Lynde St
SalemMA01970
8 Walbridge St
BostonMA02135
1077-1077 Beacon St
BrooklineMA02446
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$2,1001 Bedroom Apartments Available Jul 15
257 Washington St, Unit 3
257 Washington StSalem, MA 01970
257 Washington St, Unit 3
257 Washington St
SalemMA01970
83 Holten St
DanversMA01923
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
117 North St, Unit 3
117 North St
SalemMA01970
148 Washington St
PeabodyMA01960
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$2,1751 Bedroom Apartments Available Sep 1
257 Washington St, Unit 16
257 Washington StSalem, MA 01970
257 Washington St, Unit 16
257 Washington St
SalemMA01970
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$2,2502 Bedroom Apartments Available Now
4 River Dr, Unit Apt B
4 River DrDanvers, MA 01923
131 Essex St
SalemMA01970
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.
64 Foster St, Unit 403
64 Foster St
PeabodyMA01960
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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 | $2,865 | $2,000 | $3,600 |
| Danvers 3 Bedroom Homes for Rent | $3,586 | $2,650 | $4,750 |
| Danvers 4 Bedroom Homes for Rent | $3,750 | $3,750 | $3,750 |
| Danvers 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
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
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Cheapest Neighborhoods for Apartments in Danvers, MA
Pricing Updated: 07/08/2026Current 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 | $11,236 | $1,700 | 73 |
Cheapest Available Danvers Apartments for Rent
The cheapest available apartment rental in Danvers, MA is a Studio unit found at 91-93 Cabot St in the Centerville neighborhood priced from $1,150. Salem Highlands in the South Salem neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. 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 | 0 Beds, 1 Baths | Studio,1BA | $1,150 |
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| River Drive Apartments | S1G | Studio,1BA | $1,700 |
| Maple Square Apartments | Studio, 1 Bathroom | Studio,1BA | $2,025 |
| eaves Peabody | A1 | 1BR,1BA | $2,160 |
Best Value Apartments for Rent in Danvers, MA
As of July 08, 2026 the best value apartment in the Danvers area is the $1.78 price per square foot 84 Endicott St Model at 84 Endicott St, Unit 1-R in the in the South Peabody neighborhood starting from $3,200. 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. |
|---|---|---|---|
| 84 Endicott St, Unit 1-R | 84 Endicott St | 3BR,1BA | $1.78 |
| 23 Gardner St | 23 Gardner St | 2BR,1BA | $1.86 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $1.94 |
| 6 Cushing St, Unit 2nd floor | 6 Cushing St | 2BR,1BA | $2.17 |
| 20 Locust St | Concept 2 | 2BR,2BA | $2.26 |
| 14 North | Balsam Meadows (B2B) | 2BR,2BA | $2.60 |
| 9 Central St, Unit 9C-1 | 9 Central St | 2BR,1BA | $2.09 |
| Station 101 | 2 Bed A | 2BR,2BA | $2.68 |
| Folly Hill Meadows | 870SF 1 bed | 1BR,1BA | $2.59 |
| 14 New Derby | 1BR/1.0BA | 1BR,1BA | $2.74 |
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 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.
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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.
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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!
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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 422 Apartments for Rent in Danvers, MA with pricing that ranges from $1,100 to $18,473. There are also 61 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 $5,876.
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 $2,400 to $4,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,650 to $4,750. Four Bedroom Single-Family rentals are also available starting from $3,750 and Four Bedroom Apartments start at $2,800.
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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.