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

As of July 2025, Danvers's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Danvers's average rent is 7.0% ($192) higher than the Massachusetts average of $2,749 and 65.7% ($1,166) higher than the U.S. average of $1,775.

Average Rent

$2,941

Monthly ChangeMonth Over Month Change

2.5% ($75)

Yearly ChangeYear Over Year Change

4.3% ($133)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,706	1.3% ($35)	3.3% ($92)
2 Beds	$3,177	2.5% ($81)	0.3% ($11)
3 Beds	$3,858	4% ($161)	3.9% ($156)

Nearby Cities	Average Rent	Avg. Rent vs. DanversAverage Rent vs. Danvers	Avg. Days on MarketAverage Days on Market
Peabody	$2,985	1.5% ($44)	26 days
Beverly	$2,563	12.9% ($378)	32 days
Salem	$2,663	9.5% ($278)	27 days
Lynnfield	$2,937	0.1% ($4)	26 days
North Reading	$2,760	6.2% ($181)	28 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Danvers Rental Market FAQs

Explore rental prices, market trends, and availability in Danvers, MA.

What is the average rent in Danvers, MA?

The average rent in Danvers, MA is $2,941 per month.

What is the rental price range for apartments in Danvers, MA?

Apartments in Danvers typically rent for between $1,894 and $5,015 per month, with an average of $2,941 per month.

What is the average rent for different bedroom sizes in Danvers, MA?

In Danvers, the average rent for a 1-bedroom apartment is $2,706 per month, for a 2-bedroom apartment, $3,177 per month, and a 3-bedroom apartment is $3,858 per month.

How do rent prices in Danvers, MA compare with the national average?

The average rent in Danvers is 65.7% ($1,166) higher than the national average of $1,775 per month.

How have rent prices in Danvers, MA changed recently?

The average rent in Danvers has decreased by 2.5% ($75) in the last month and decreased by 4.3% ($133) over the past year.

How competitive is the rental market in Danvers, MA?

The rental market in Danvers, MA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Danvers, MA?

In Danvers, MA, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Danvers, MA?

There are currently 5 rental properties available in Danvers, MA.

Can I afford to rent an apartment in Danvers, MA?

Based on the current averages, a household would need an annual income of $127,080 to comfortably afford a 2-bedroom apartment in Danvers.