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Rental Market Trends in Beverly, MA

What is the average rent in Beverly, MA?

$2,442/month

Average Rent

713 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of June 2025, the average rent in Beverly, MA is $2,442 per month. This is 50% higher than the national average rent price of $1,627/month, making Beverly one of the most expensive cities in the US. When you rent an apartment in Beverly, you can expect to pay about $2,110 per month for a studio, $2,442 for a one-bedroom apartment, and around $2,927 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,769 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$2,110/month
464 Sq Ft
One Bedroom
$2,442/month
713 Sq Ft
Two Bedroom
$2,927/month
951 Sq Ft
Three Bedroom
$3,769/month
1,281 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Beverly, MA?

In the past year, rent has increased by 0.7%, which averages out to $18 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Beverly, MA
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Beverly, MA
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
10% $1,001 - $1,500/month
10% $1,501 - $2,000/month
75% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Beverly?

Based on current rent prices, Beverly and Downtown Beverly" are the most affordable neighborhoods in Beverly.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Beverly
$2,727/month
724 Sq Ft
Downtown Beverly
$2,960/month
719 Sq Ft

What are the most expensive neighborhoods in Beverly?

Based on current rent prices, Downtown Beverly and Beverly" are the most expensive neighborhoods in Beverly.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Beverly
$2,960/month
719 Sq Ft
Beverly
$2,727/month
724 Sq Ft

Which Beverly neighborhoods have the most rentals available?

The neighborhoods in Beverly with the most apartments available are Downtown Beverly and Beverly" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Beverly
$2,960/month
719 Sq Ft
Beverly
$2,727/month
724 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Beverly, MA?

Because the average rent in Beverly is $2,442, you’ll want to make about $8,140 per month or $97,680 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Beverly, MA

306 Available Apartments for Rent

Search for Nearby Apartments

How does Beverly, MA compare to other nearby cities and neighborhoods?

Use the tool below to compare Beverly, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Beverly, MA

Apartment Averages

Beverly

Beverly, MA

Downtown Beverly

Beverly, MA

Studio
$1,992/month
$2,172/month
One Bedroom
$2,442/month
$2,492/month
Two Bedroom
$2,753/month
$3,165/month
Three Bedroom
$3,743/month
$1,893/month
Search
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Nearby City Rent Trends

  • Salem Average Rent
  • Swampscott Average Rent
  • Peabody Average Rent
  • Lynn Average Rent

Apartment communities in Beverly we think you'll love

Sedna Beverly

Sedna Beverly

16 Congress St,
Beverly, MA 01915

1-2 Beds | $3,125 - $3,950

Amara

Amara

6 Rantoul St,
Beverly, MA 01915

Studio - 2 Beds | $2,585 - $4,500

The Beverly Collection: The Block

The Beverly Collection: The Block

140 Rantoul St,
Beverly, MA 01915

Studio - 2 Beds | $2,193 - $3,982

Station 101

Station 101

101 Rantoul St,
Beverly, MA 01915

1-2 Beds | $2,100 - $3,035

Property Management Companies in Beverly, MA

Greystar
Greystar
  • 3,265

    Communities

  • 907,285

    Units

  • 843

    Cities

4 Communities in Beverly
Peabody Properties
Peabody Properties
  • 17

    Communities

  • 1,623

    Units

  • 11

    Cities

2 Communities in Beverly
Winn Companies
Winn Companies
  • 131

    Communities

  • 28,336

    Units

  • 91

    Cities

1 Community in Beverly
John M Corcoran & Co
John M Corcoran & Co
  • 51

    Communities

  • 10,340

    Units

  • 36

    Cities

1 Community in Beverly

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United States Massachusetts Beverly Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity