
Cheap Homes for Rent in Danvers, MN from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Danvers.


318 S 3rd St

316 S 3rd St

308 S 3rd St

626 4th St SE, Unit #1 - Lower
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.

311 5th St S

512 Maple Ln

1100 Elizabeth Ave SE

221 E James St

710 18th St S
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.
Danvers, MN Local Guide

How much does it cost to rent a home in Danvers?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Danvers 2 Bedroom Homes for Rent | $1,264 | $795 | $1,700 |
| Danvers 3 Bedroom Homes for Rent | $1,795 | $1,500 | $2,500 |
| Danvers 4 Bedroom Homes for Rent | $2,298 | $1,495 | $4,000 |
| Danvers 5 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Top Homes for Rent in Danvers
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Danvers, MN Local Guide
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Cheapest Available Danvers Apartments for Rent and Nearby
 The cheapest available apartment rental in Danvers, MN is a 1 Bed unit found at Beardsley Apartments priced from $600. North Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Danvers apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beardsley Apartments | One Bedroom | 1BR,1BA | $600 |
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
| Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $715 |
Best Value Apartments for Rent in Danvers, MN and Nearby
As of May 28, 2026 the best value apartment in the Danvers area is the $1.35 price per square foot C.3 Model at Central Lakes in the starting from $1,493. The second greatest value Danvers apartment is the One Bedroom Model at Beardsley Apartments starting at $600 with a $0.67 price per square foot . 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. |
|---|---|---|---|
| Central Lakes | C.3 | 2BR,2BA | $1.35 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.67 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $0.96 |
| Lamplighter Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.30 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $1.39 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
| Cardinal Manor Apartments | One Bedroom | 1BR,1BA | $1.24 |
| Wildwood Apartments | 2BR/1.0BA | 2BR,1BA | $1.44 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Danvers
What type of rentals are currently available in Danvers?
There are currently 65 Apartments for Rent in Danvers, MN with pricing that ranges from $600 to $2,440. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Danvers ranging from $460 to $4,000.
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 $460 to $4,000 with an average monthly rent of $1,976.
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 $1,150 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,850.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.