Bradlee Danvers
50 Kirkbride Dr,
Danvers, MA 01923
1-3 Beds | $2,395 - $4,148
Rental Market Trends in Danvers, MA
What is the average rent in Danvers, MA?
$2,407/month
Average Rent
795 Sq Ft
Average Apartment Size
+4.7%
Increase in the Last Year
Danvers, MA Rental Market Overview
The average rent in Danvers, MA is $2,407 per month. This is 45% higher than the national average rent price of $1,662/month, making Danvers one of the most expensive cities in the US.
- Studio apartments in Danvers average $1,993 per month.
- One-bedroom apartments in Danvers average $2,407 per month.
- Two-bedroom apartments in Danvers average $3,055 per month.
- Three-bedroom apartments in Danvers average $3,776 or more per month.
Data Updated: July 1, 2026
Floor Plan Type
Average Rent
Average Sq Ft
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Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
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Average Sq Ft
How much has average rent changed in Danvers, MA?
In the past year, rent has increased by 4.7%, which averages out to $114 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 July 2026
Legend
2025
2026
Rent Ranges in Danvers, MA
Last Updated July 2026
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
9%
$1,001 - $1,500/month
27%
$1,501 - $2,000/month
64%
Above $2,000/month
What salary do I need to live comfortably in Danvers, MA?
Because the average rent in Danvers is $2,407, you’ll want to make about $8,023 per month or $96,276 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Danvers?
The average rent in Danvers is $2,407 per month, which is 44.8% higher than the national average of $1,662.
Are rents going up or down in Danvers?
Rents in Danvers, MA are increasing, with prices up 4.7% year-over-year and $114 more per month.
What rent range is most common in Danvers?
In Danvers, MA, 64% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.
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.