
Cheap Apartments for Rent in Essex, MA from $1,400 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in Essex.


The Residences at St. James

Salem Heights

1 Powder House Ln

Salem Highlands

Shops and Lofts at Market Street

7 Berry St

Historic 1 Harbor St

260 Washington Apartments – Modern Living in the Heart of Salem

Terrace Gardens
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Central Grammar

Bayside Apartments

The Heights At Cape Ann

Princeton Crossing

Maple Square Apartments

Folly Hill Meadows

62 Cabot

Terrace Estates Apartments

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Traders Row

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Hannah Village
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eaves Peabody

231 Washington Residences

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Halstead Salem Station

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Bradlee Danvers

23 Elm St

Burnham Apartment Homes

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Hawthorne Commons

21 Gardner St

Enterprise Apartment Homes

Station 101
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Essex Apartment Homes

River Properties

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14 North

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The Beverly Collection: Flats at 131

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The Landing at Vinnin Square

Grove Street Landing

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20 Locust St

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Beverly Commons

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Eagle Rock Apartments at Swampscott

University Square South
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The Beverly Collection: Canvas

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The Beverly Collection: Link 480

240 Conant Apartments

Olde Salem Jail

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Halstead Beverly Townhomes

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The Beverly Collection: The Block

The Lighthouses

32 Beacon St

34 Central St

50 Broadway Apartment Homes
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Essex, MA Local Guide

How much does it cost to rent an apartment in Essex?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Essex Studio Apartments | $1,976 | $1,400 | $2,734 |
| Essex 1 Bedroom Apartments | $2,549 | $1,450 | $4,130 |
| Essex 2 Bedroom Apartments | $3,026 | $1,600 | $5,164 |
| Essex 3 Bedroom Apartments | $3,613 | $2,675 | $4,900 |
Browse Top Apartments in Essex
See all Apartments in EssexExplore Essex
Essex, MA Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Essex Apartments for Rent and Nearby
 The cheapest available apartment rental in Essex, MA is a Studio unit found at The Residences at St. James in the South Salem neighborhood priced from $1,400. 1 Powder House Ln in the Beverly Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,672. Here is today’s list of the most affordable Essex apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at St. James | Studio 60% | Studio,1BA | $1,400 |
| 1 Powder House Ln | One Bedroom 60% | 1BR,1BA | $1,672 |
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| 50 Broadway Apartment Homes | Studio A | Studio,1BA | $1,780 |
| Shops and Lofts at Market Street | 11 Topsfield Rd | 1BR,1BA | $1,850 |
| Historic 1 Harbor St | 1BR/1.0BA | 1BR,1BA | $1,900 |
| 260 Washington Apartments – Modern Living in the Heart of Salem | 1BR/1.0BA | 1BR,1BA | $1,900 |
| 7 Berry St | 1 Bedroom | 1BR,1BA | $1,900 |
| Central Grammar | 2 bed / 1 bath | 2BR,1BA | $1,935 |
| Bayside Apartments | Country 1 BR | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Essex, MA and Nearby
As of April 25, 2026 the best value apartment in the Essex area is the $2.70 price per square foot A7 Model at Vavel Apartments in the in the South Salem neighborhood starting from $3,950. The second greatest value Essex apartment is the B1 Model at Eagle Rock Apartments at Swampscott starting at $2,699 with a $2.08 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 | A7 | 2BR,2BA | $2.70 |
| Eagle Rock Apartments at Swampscott | B1 | 2BR,2BA | $2.08 |
| 20 Locust St | Concept 2 | 2BR,2BA | $2.26 |
| 240 Conant Apartments | 2 Bed T02 | 2BR,2BA | $2.54 |
| Traders Row | B2D | 2BR,2BA | $2.90 |
| Central Grammar | 2 bed / 1 bath | 2BR,1BA | $1.88 |
| Folly Hill Meadows | 870SF 1 bed | 1BR,1BA | $2.59 |
| Bayside Apartments | Country 1 BR | 1BR,1BA | $2.60 |
| The Heights At Cape Ann | 2 Bedroom | 2BR,1BA | $2.93 |
| Shops and Lofts at Market Street | 11 Topsfield Rd | 1BR,1BA | $2.85 |
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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
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 The Residences at St. James listed at $1,400.
How much is rent for a Cheap One Bedroom Essex Apartment?
The lowest price for a Cheap One Bedroom Essex Apartment is $1,672 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 $1,935 at Central Grammar.
What is the most affordable Essex Three Bedroom Apartment?
The best deal on a cheap Essex Three Bedroom Apartment rental is at Halstead Beverly Townhomes and starts from $3,850.
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.
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