Cheap Homes for Rent in Danvers, MA from $1,250 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 116 Lafayette St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 5 Bath Home for Rent

Available Now

116 Lafayette St

SalemMA01970
property at 4 Mill St

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

Studio, 1 Bath Condo for Rent

Available Now

4 Mill St, Unit 9

4 Mill St
PeabodyMA01960
property at 4 Mill St

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

Studio, 1 Bath Condo for Rent

Available Now

4 Mill St, Unit 5

4 Mill St
PeabodyMA01960

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

property at 185 Lafayette St

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

185 Lafayette St, Unit 1A

185 Lafayette St
SalemMA01970
property at 8 Walbridge St

$2,015

Total Monthly Price

Total Monthly Price

Base Rent
$2,015

Total Monthly Price
$2,015

Studio, 1 Bath Home for Rent

Available Sep 1

8 Walbridge St

BostonMA02135
property at 10 Beaver St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Condo for Rent

Available Sep 1

10 Beaver St

SalemMA01970
property at 15 Lynde St

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

15 Lynde St, Unit 26

15 Lynde St
SalemMA01970
property at 253 Washington St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

253 Washington St

SalemMA01970

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.

property at 255 Washington St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

255 Washington St

SalemMA01970
property at 35 Locust St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Condo for Rent

Available Sep 1

35 Locust St

DanversMA01923

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.

property at 131 Essex St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

131 Essex St

SalemMA01970

Danvers, MA Local Guide

Cheapest Neighborhoods for Apartments in Danvers, MA

Pricing Updated: 08/22/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Danvers MA$2,764$1,90079

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 ListingModel NameBed/BathPriced From
91-93 Cabot St1 Beds, 5 Baths1BR,5BA$1,250
River Drive ApartmentsS1GStudio,1BA$1,625
Salem HighlandsStudio, non-renovatedStudio,1BA$1,700
7 Berry St1 Bedroom - 1st Floor1BR,1BA$1,900
Maple Square ApartmentsStudio, 1 BathroomStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
74 Aborn St, Unit 374 Aborn St2BR,1BA$2.00
33 Water St, Unit Apt 133 Water St2BR,2.5BA$2.75
6 Berry St, Unit 16 Berry St2BR,1BA$1.90
20 Locust StConcept 22BR,2BA$2.26
Station 1012 Bed A2BR,2BA$2.73
Folly Hill Meadows2Bd 1.5Bt (1000 sq ft)2BR,1.5BA$2.68
7 Berry St1 Bedroom - 1st Floor1BR,1BA$1.90
29 Park St, Unit 3 bedroom with 2 off street parking spaces29 Park St3BR,1BA$2.65
Beverly Commons2Bed2BR,1BA$2.57
256 Washington2BR/1.0BA2BR,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 Article
Decorative image

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 Article
Decorative image

Top 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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Danvers, MA Rentals by Map

View Map
Danvers, MA Apartments Map
View Map
Danvers, MA Rental Homes Map

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

decorative image for Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move article

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.

decorative image for What It Really Costs to Live in Boston: A Local Renter's Guide article

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.

decorative image for Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities article

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!

decorative image for Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert   article

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.