Cheap Apartments for Rent in Essex, MA from $1,400 (63 Rentals)

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Search the lowest-cost Apartments available for rent right now in Essex.

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Brookside Apartments
1 to 2 Bedroom Apartments

Brookside Apartments

23 Story StEssex, MA 01929
  • Utilities Included

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Traders Row
Rent Specials
$2,278 - $3,475
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,278 - $3,475

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Traders Row

45 Traders WaySalem, MA 01970
Luxury
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  • 3D Tour
  • Smoke Free
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Hannah Village
$2,300 - $2,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,300 - $2,500

Total Monthly Price
$2,300 - $2,500
1 to 2 Bedroom Apartments Available Now

Hannah Village

17 Conant StBeverly, MA 01915
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

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eaves Peabody
Rent Specials
$2,302 - $2,758
Total Monthly Price

Total Monthly Price

Base Rent
$2,244 - $2,700
Required Monthly Fees
$58

Total Monthly Price
$2,302 - $2,758
1 to 2 Bedroom Apartments Available Now

eaves Peabody

51 Keys DrPeabody, MA 01960
Furnished
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  • Customer Reviewed
  • Utilities Included
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Halstead Salem Station
Rent Specials
$2,391 - $4,900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,391 - $4,900

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Halstead Salem Station

72 Flint StSalem, MA 01970
Affordability
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  • Customer Reviewed
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Bradlee Danvers
$2,395 - $3,949
Total Monthly Price

Total Monthly Price

Base Rent
$2,380 - $3,934
Required Monthly Fees
$15

Total Monthly Price
$2,395 - $3,949
1 to 3 Bedroom Apartments Available Now

Bradlee Danvers

50 Kirkbride DrDanvers, MA 01923
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  • Customer Reviewed
  • Utilities Included
property at 23 Elm St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 1 Bath Home for Rent

Available Now

23 Elm St

Manchester by the SeaMA01944
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Hawthorne Commons
Rent Specials
$2,448 - $8,433
Total Monthly Price

Total Monthly Price

Base Rent
$2,433 - $8,418
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Hawthorne Commons

205 Highland AveSalem, MA 01970
Outdoors
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  • Customer Reviewed
  • 3D Tour
property at 21 Gardner St

$2,450

Total Monthly Price

Total Monthly Price

Base Rent
$2,450

Total Monthly Price
$2,450

1 Bedroom Rentals

Available Now

21 Gardner St

HamiltonMA01982

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14 North
$2,509 - $3,356
Total Monthly Price

Total Monthly Price

Base Rent
$2,494 - $3,341
Required Monthly Fees
$15

Total Monthly Price
$2,509 - $3,356
1 to 3 Bedroom Apartments Available Apr 25

14 North

1000 Crane Brook WayPeabody, MA 01960
Furnished
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  • Customer Reviewed
  • Utilities Included
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20 Locust St
$2,600 - $3,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,600 - $3,200

Total Monthly Price
$2,600 - $3,200
2 Bedroom Apartments Available Now

20 Locust St

20 Locust StDanvers, MA 01923
Cost Per Sq.Ft.
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  • Utilities Included
  • 3D Tour
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Beverly Commons
$2,628 - $4,093
Total Monthly Price

Total Monthly Price

Base Rent
$2,628 - $4,093

Total Monthly Price
$2,628 - $4,093
Studio to 2 Bedroom Apartments Available Apr 28

Beverly Commons

0 Beverly Commons DrBeverly, MA 01915
Corporate Housing
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  • Utilities Included
  • Smoke Free

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Lighthouses
Studio to 3 Bedroom Apartments

The Lighthouses

34 Peabody StSalem, MA 01970
property at 32 Beacon St

$1,500 - $3,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 To 2 Bedroom Rentals

Available Now

32 Beacon St

GloucesterMA01930
property at 34 Central St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

34 Central St

IpswichMA01938

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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.

Essex, MA Local Guide

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 ListingModel NameBed/BathPriced From
The Residences at St. JamesStudio 60%Studio,1BA$1,400
1 Powder House LnOne Bedroom 60%1BR,1BA$1,672
Salem HighlandsStudio, non-renovatedStudio,1BA$1,700
50 Broadway Apartment HomesStudio AStudio,1BA$1,780
Shops and Lofts at Market Street11 Topsfield Rd1BR,1BA$1,850
Historic 1 Harbor St1BR/1.0BA1BR,1BA$1,900
260 Washington Apartments – Modern Living in the Heart of Salem1BR/1.0BA1BR,1BA$1,900
7 Berry St1 Bedroom1BR,1BA$1,900
Central Grammar2 bed / 1 bath2BR,1BA$1,935
Bayside ApartmentsCountry 1 BR1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Vavel ApartmentsA72BR,2BA$2.70
Eagle Rock Apartments at SwampscottB12BR,2BA$2.08
20 Locust StConcept 22BR,2BA$2.26
240 Conant Apartments2 Bed T022BR,2BA$2.54
Traders RowB2D2BR,2BA$2.90
Central Grammar2 bed / 1 bath2BR,1BA$1.88
Folly Hill Meadows870SF 1 bed1BR,1BA$2.59
Bayside ApartmentsCountry 1 BR1BR,1BA$2.60
The Heights At Cape Ann2 Bedroom2BR,1BA$2.93
Shops and Lofts at Market Street11 Topsfield Rd1BR,1BA$2.85

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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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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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