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Homes & Apartments for Rent in Danvers, MA 01923

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What to Know About

Life in Danvers & Beyond

Danvers shares many of the great qualities that make Massachusetts a desirable place to live.

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Danvers, MA

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As of November 2026, Danvers's rental market is balanced, with rentals spending about 36 days on the market, slower than in Massachusetts (32), and rents up 2.7% over the past year. Danvers's average rent is 2.7% ($87) higher than the Massachusetts average of $3,233 and 63.1% ($1,284) higher than the U.S. average of $2,036.

Average Rent
$3,320
Monthly ChangeMonth Over Month Change
Increased0.35% ($12)
Yearly ChangeYear Over Year Change
Increased2.7% ($88)
Days on Market
36
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,755 Increased0.42% ($12) Increased2.2% ($60)
2 Beds $3,356 Flat Increased1.5% ($49)
3 Beds $3,926 Decreased0.70% ($28) Decreased0.6% ($22)
Nearby Cities Average Rent Avg. Rent vs. DanversAverage Rent vs. Danvers Days on Market
Peabody $2,765 Decreased16.7% ($555) 33 days
Beverly $2,633 Decreased20.7% ($687) 33 days
Salem $2,815 Decreased15.2% ($505) 37 days
Lynnfield $3,772 Increased13.6% ($452) 34 days
South Hamilton $3,428 Increased3.3% ($108) 34 days
Based on rentals advertised on RentalSource in and around Danvers.
Frequently Asked Questions
Danvers Rental Market FAQs

Explore rental prices, market conditions, and affordability in Danvers, MA.

The average rent in Danvers, MA is about $3,320 per month.
In Danvers, the average rent is about $2,755 per month for a 1-bedroom home, about $3,356 for a 2-bedroom home and about $3,926 for a 3-bedroom home.
The average rent in Danvers is 63.1% ($1,284) higher than the national average of $2,036 per month.
The rental market in Danvers, MA is currently balanced, with rentals spending about 36 days on the market, slower than in Massachusetts (32), and rents up 2.7% over the past year.
Based on the current averages, a household would need an annual income of about $134,200 to comfortably afford a 2-bedroom home in Danvers.
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