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90 Apartments for rent in Danvers, MA

Read Guide >
Last updated September 23 at 3:50pm UTC
River Drive
17 River Dr
Danvers, MA
Updated September 13 at 6:14pm UTC
Studio
$1,350
1 Bedroom
$1,450
2 Bedrooms
$1,600
Spring Meadows
23 Prince Street
Danvers, MA
Updated June 29 at 1:52am UTC
2 Bedrooms
$2,450
Results within 1 miles of Danvers, MA
28 Hayes Ave
Beverly
Beverly, MA
Updated September 7 at 2:08am UTC
2 Bedrooms
$2,200
30 South Terrace
Beverly
Beverly, MA
Updated September 6 at 5:40pm UTC
3 Bedrooms
$2,995
Results within 5 miles of Danvers, MA
50 Broadway
50 Broadway
Beverly, MA
Updated September 23 at 12:05pm UTC
Studio
$1,400
6 Bennett St
Beverly
Beverly, MA
Updated September 23 at 9:58am UTC
2 Bedrooms
$1,750
City Guide
Danvers
Apartment Rentals in Danvers

Most of the apartments for rent in Danvers are 1- to 2-bedroom apartment units. If you need something larger, there are 3-bedroom houses for rent throughout the town, and if you're lucky you might even find 4- or 5-bedroom houses.

What You Need For an Apartment Search When looking for an apartment in Danvers, especially if you want an all utilities paid apartment, the main thing you need is patience. There are apartments for rent, but most of the town has a very low vacancy rate. So, get there early, look hard, and when you find a good deal, don't wait! If you're sure about it, sign those papers right away and throw down some cash, because there's a line of people waiting to do the same thing.

Danvers Neighborhoods

Read on for a quick guide to the different 'hoods:

Town Center: Made up mostly of houses.

Danvers Center: This neighborhood relatively affordable.

Hathorne & Burleys Corner: Made up mostly of 1-bedroom apartments, with some larger ones available, you should always be able to find something here.

Danversport: Located on the large Danvers River, this community provides easy access to the water, where you can play some water sports, swim, and relax.

High St.: A historical neighborhood full of old buildings. It's lovely.

Living in Danvers

Because it's a medium-sized town, Danvers doesn’t boast a big nightlife scene. Luckily, there are many things to do and explore outside, and the area offers a nice alternative to big city life. So if you like farms, green spaces, and the waft of seaside air, this is your spot.

September 2018 Danvers Rent Report

Welcome to the September 2018 Danvers Rent Report. Danvers rents increased over the past month. In this report, we'll evaluate trends in the Danvers rental market, including comparisons to cities throughout the state and nation.

View full Danvers Rent Report
Rent Report
Danvers

September 2018 Danvers Rent Report

Welcome to the September 2018 Danvers Rent Report. Danvers rents increased over the past month. In this report, we'll evaluate trends in the Danvers rental market, including comparisons to cities throughout the state and nation.

Danvers rents increased moderately over the past month

Danvers rents have increased 0.3% over the past month, but have been relatively flat in comparison to the same time last year. Currently, median rents in Danvers stand at $1,720 for a one-bedroom apartment and $2,130 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Danvers' year-over-year rent growth lags the state average of 1.1%, as well as the national average of 1.0%.

Rents rising across cities in Massachusetts

Throughout the past year, rents have remained steady in the city of Danvers, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Massachusetts, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.1% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Newton is the most expensive of all Massachusetts' major cities, with a median two-bedroom rent of $2,330; of the 10 largest Massachusetts cities that we have data for, 9 have seen rents rise year-over-year, with Haverhill experiencing the fastest growth (+4.0%).
  • Lawrence, Framingham, and Newton have all experienced year-over-year growth above the state average (1.8%, 1.7%, and 1.7%, respectively).

Many large cities nationwide show more affordable rents compared to Danvers

Rent growth in Danvers has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Danvers is less affordable for renters.

  • Danvers' median two-bedroom rent of $2,130 is above the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the stagnant growth in Danvers.
  • While rents in Danvers remained moderately stable this year, similar cities saw increases, including Phoenix (+2.5%), Atlanta (+1.5%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,050, $1,190, and $3,100 respectively.
  • Renters will generally find more expensive prices in Danvers than most large cities. For example, Detroit has a median 2BR rent of $890, where Danvers is nearly two-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.