Cheap Homes for Rent in Essex, MA from $1,500 (6 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
Done

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

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 105 Granite St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

105 Granite St

RockportMA01966
property at 20 Beacon St

$2,700 - $3,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700

Total Monthly Price
$2,700

2 To 4 Bedroom Rentals

Available Now

20 Beacon St

GloucesterMA01930

Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert

Get a local expert's guide to Boston's top 5 short-term rental neighborhoods. Essential tips on Fenway, Beacon Hill, Seaport, and Allston/Brighton.

property at 3 Piraino Ln

$2,800

Total Monthly Price

Total Monthly Price

Base Rent
$2,800

Total Monthly Price
$2,800

1 Bedroom, 1 Bath Townhome for Rent

Available Now

3 Piraino Ln

GloucesterMA01930
property at 49 Mount Pleasant St

$2,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,850

Total Monthly Price
$2,850

2 Bedroom, 2 Bath Townhome for Rent

Available Now

49 Mount Pleasant St

RockportMA01966
property at 5 Pirates Ln

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000

Total Monthly Price
$3,000

2 Bedroom Rentals

Available Now

5 Pirates Ln

GloucesterMA01930

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.

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

Best Value Apartments for Rent in Essex, MA and Nearby

As of April 24, 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

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

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 Essex, MA Rentals by Map

View Map
Essex, MA Apartments Map
View Map
Essex, MA Rental Homes Map

Frequently Asked Questions about Essex

What type of rentals are currently available in Essex?

There are currently 78 Apartments for Rent in Essex, MA with pricing that ranges from $1,400 to $5,164. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Essex ranging from $1,500 to $35,000.

What is the current price range for Rental Homes in Essex?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Essex ranges from $1,500 to $35,000 with an average monthly rent of $7,929.

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 The 10 Best Affordable Neighborhoods in Boston, MA article

The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

decorative image for A Local Experts Guide to the Top Boston Neighborhoods for College Renters article

A Local Experts Guide to the Top Boston Neighborhoods for College Renters

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

Explore Like a Local: The Insider's Guide to Boston

Written by: Amelia Ramstead

Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.