Cheap Apartments for Rent in Essex, MA from $1,400 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Essex.

Salem Heights

The Residences at St. James

1 Powder House Ln

Salem Highlands

Shops and Lofts at Market Street
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Terrace Gardens

Park Towers

Bayside Apartments

Maple Square Apartments

Total Monthly Price
Beverly Commons

Princeton Crossing
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376 Washington St

116 Lafayette St
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116-124A Central Ave

80 Sagamore St

56 Johnson St

3 Point Rd

622 Heights at Cape Ann
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145 Essex Ave

61 Western Ave
Essex, MA Local Guide

How much does it cost to rent an apartment in Essex?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Essex Studio Apartments | $2,164 | $1,610 | $2,695 |
| Cheap Essex 1 Bedroom Apartments | $2,485 | $1,450 | $3,995 |
| Cheap Essex 2 Bedroom Apartments | $2,978 | $1,600 | $4,750 |
| Cheap Essex 3 Bedroom Apartments | $3,483 | $2,650 | $4,750 |
Browse Top Apartments in Essex
See all Apartments in EssexExplore Essex
Essex, MA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Essex Apartments for Rent
 The cheapest available apartment rental in Essex, MA is a 1 Bed unit found at 1 Powder House Ln in the Beverly Farms 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 Essex apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1 Powder House Ln | One Bedroom 60% | 1BR,1BA | $1,610 |
| 50 Broadway Apartment Homes | Studio A | Studio,1BA | $1,780 |
| Shops and Lofts at Market Street | 11 Topsfield Rd | 1BR,1BA | $1,850 |
| Park Towers | 1 Bedroom Apt | 1BR,1BA | $1,900 |
| Bayside Apartments | Country 1 BR | 1BR,1BA | $1,950 |
| Maple Square Apartments | Studio, 1 Bathroom | Studio,1BA | $2,025 |
| Beverly Commons | Studio | Studio,1BA | $2,091 |
| Princeton Crossing | Dog Friendly One Bedroom Standard | 1BR,1BA | $2,099 |
| Halyard | A1B | 1BR,1BA | $2,121 |
| eaves Peabody | A1 | 1BR,1BA | $2,137 |
Best Value Apartments for Rent in Essex, MA
As of December 08, 2025 the best value apartment in the Essex area is the $2.51 price per square foot A4 Model at Vavel Apartments in the in the South Salem neighborhood starting from $3,600. The second greatest value Essex apartment is the B1 Model at Eagle Rock Apartments at Swampscott starting at $2,729 with a $2.10 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for Essex apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vavel Apartments | A4 | 2BR,2BA | $2.51 |
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.10 |
| 14 North | Cypress Gardens (C2) | 3BR,2BA | $2.67 |
| 240 Conant Apartments | 2 Bed T02 | 2BR,2BA | $2.48 |
| 20 Locust St | Concept 1 | 1BR,1BA | $2.62 |
| University Square South | 2BR/2.0BA | 2BR,2BA | $2.75 |
| Folly Hill Meadows | 1Bd 1Bt (820 sq ft) | 1BR,1BA | $2.68 |
| Bayside Apartments | Country 1 BR | 1BR,1BA | $2.60 |
| Park Towers | 1 Bedroom Apt | 1BR,1BA | $2.53 |
| 1 Powder House Ln | One Bedroom 60% | 1BR,1BA | $2.68 |
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.
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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 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!
Explore Essex, MA Rentals by Map
See the most popular apartments and homes in Essex, MA
Getting Around Essex, MA
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Essex Apartments
What is the Cheapest Studio apartment in Essex?
Currently the most affordable Cheap Studio Apartment in Essex is at 50 Broadway Apartment Homes listed at $1,780.
How much is rent for a Cheap One Bedroom Essex Apartment?
The lowest price for a Cheap One Bedroom Essex Apartment is $1,610 at 1 Powder House Ln.
What is the lowest price for a Cheap Two Bedroom Essex Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Essex is starting from $1,910 at 1 Powder House Ln.
What is the most affordable Essex Three Bedroom Apartment?
The best deal on a cheap Essex Three Bedroom Apartment rental is at 14 North and starts from $3,380.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods in Boston, MA
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Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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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.

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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.

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Everything is a negotiation in real estate!





