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Rental Market Trends in Beverly, MA

Updated July 2026

The average rent in Beverly, MA is $2,538/month.

Rent in Beverly is 53% higher than the national average rent of $1,663/month, making this one of the more expensive cities statewide.

$2,538/month

Average Rent

712 Sq Ft

Average Size

+3.2%

Change / Year

267

Available Apartments

Beverly rent varies by unit size and layout:

  • Studio apartments in Beverly average $2,151 per month.
  • One-bedroom apartments in Beverly average $2,538 per month.
  • Two-bedroom apartments in Beverly average $2,953 per month.
  • Three-bedroom apartments in Beverly average $3,526 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,151/month
351 Sq Ft
One Bedroom
$2,538/month
712 Sq Ft
Two Bedroom
$2,953/month
935 Sq Ft
Three Bedroom
$3,526/month
1,281 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,960/month
891 Sq Ft
View Beverly Apartments

How much has average rent changed in Beverly, MA?

In the past year, rent has increased by 3.2%, which averages out to $82 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Beverly, MA

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Beverly, MA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
14% $1,001 - $1,500/month
10% $1,501 - $2,000/month
76% Above $2,000/month

Rent by Neighborhood

  • 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
$2,861/month
696 Sq Ft
Downtown Beverly
$2,886/month
826 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
$2,886/month
826 Sq Ft
Beverly
$2,861/month
696 Sq Ft

Which Beverly neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Beverly
$2,861/month
696 Sq Ft
Downtown Beverly
$2,886/month
826 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 $2,538, you’ll want to make about $8,460 per month or $101,520 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

267 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.

View the Beverly Area Guide

Apartment Averages

Beverly

Beverly, MA

Downtown Beverly

Beverly, MA

Studio
$3,089/month
$1,986/month
One Bedroom
$2,338/month
$2,669/month
Two Bedroom
$2,724/month
$3,249/month
Three Bedroom
$3,545/month
$1,856/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Salem

    Salem

Apartment Communities in Beverly We Think You'll Love

Amara

Amara

6 Rantoul St,
Beverly, MA 01915

Studio - 2 Beds | $2,499 - $4,399

Sedna Beverly

Sedna Beverly

16 Congress St,
Beverly, MA 01915

1-2 Beds | $2,849 - $2,999

Hannah Village

Hannah Village

17 Conant St,
Beverly, MA 01915

1-2 Beds | $2,300 - $2,500

Halstead Beverly Townhomes

Halstead Beverly Townhomes

201 Broughton Dr,
Beverly, MA 01915

1-3 Beds | $2,775 - $3,835

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Frequently Asked Questions

What is the average rent in Beverly?

The average rent in Beverly is $2,538 per month, which is 52.6% higher than the national average of $1,663.

Are rents going up or down in Beverly?

Rents in Beverly, MA are increasing, with prices up 3.2% year-over-year and $82 more per month.

What rent range is most common in Beverly?

In Beverly, MA, 76% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity