Studio Apartment Rent in Danvers, MA
Median asking rent for a studio apartment in Danvers, Massachusetts as of July 2026. That's +27% lower than the citywide median of $2,849 and +62% above the national studio median of $1,290.
Income needed for a studio in Danvers
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Danvers
Compare Danvers's median rent across every apartment size.
Cheapest cities for a studio in Massachusetts
| # | City | Studio rent |
|---|---|---|
| 1 | Chicopee | $970 |
| 2 | Holyoke | $970 |
| 3 | Westfield | $1,000 |
| 4 | Gardner | $1,010 |
| 5 | New Bedford | $1,030 |
| 6 | Springfield | $1,055 |
| 7 | Fitchburg | $1,080 |
| 8 | Pittsfield | $1,120 |
| 9 | Spencer | $1,160 |
| 10 | Webster | $1,160 |
| 11 | Fall River | $1,170 |
| 12 | Leominster | $1,190 |
| 13 | Lawrence | $1,290 |
| 14 | Haverhill | $1,300 |
| 15 | Amherst | $1,330 |
Most expensive cities for a studio in Massachusetts
| # | City | Studio rent |
|---|---|---|
| 1 | Lexington | $3,360 |
| 2 | Wellesley | $3,180 |
| 3 | Brookline | $3,133 |
| 4 | Cambridge | $3,080 |
| 5 | Concord | $2,780 |
| 6 | Wilmington | $2,690 |
| 7 | Somerville | $2,633 |
| 8 | Burlington | $2,580 |
| 9 | Bedford | $2,580 |
| 10 | Belmont | $2,570 |
| 11 | Boston | $2,544 |
| 12 | Ashland | $2,500 |
| 13 | Winchester | $2,470 |
| 14 | Swampscott | $2,470 |
| 15 | Medford | $2,470 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Danvers.
| City | Distance | Studio rent | vs Danvers |
|---|---|---|---|
| Peabody, MA | 3.1 mi | $2,000 | $-90 (-4%) |
| Salem, MA | 6.5 mi | $2,000 | $-90 (-4%) |
| Lynnfield, MA | 6.7 mi | $2,410 | +$320 (+15%) |
| Lynn, MA | 7.5 mi | $2,000 | $-90 (-4%) |
| Swampscott, MA | 7.5 mi | $2,470 | +$380 (+18%) |
| Marblehead, MA | 8 mi | $2,020 | $-70 (-3%) |
| Saugus, MA | 8.5 mi | $2,000 | $-90 (-4%) |
| Wakefield, MA | 9.5 mi | $2,000 | $-90 (-4%) |
| Revere, MA | 11.3 mi | $2,000 | $-90 (-4%) |
| Malden, MA | 12.5 mi | $2,290 | +$200 (+10%) |
| Chelsea, MA | 13.4 mi | $2,000 | $-90 (-4%) |
| Everett, MA | 13.7 mi | $2,060 | $-30 (-1%) |
Studio rent in Danvers — common questions
How much is a studio apartment in Danvers?
As of July 2026, the median studio apartment rent in Danvers, Massachusetts is $2,090 per month. This is +27% below the citywide median of $2,849.
What income do you need to afford a studio in Danvers?
Using the standard 30% rent-to-income rule, you would need an annual income of about $83,600 ($6,967/month gross), which works out to roughly $40.19/hour at a full-time job.
Is Danvers expensive for a studio compared to the rest of the US?
Danvers's studio median of $2,090 is +62% above the national studio median of $1,290. It ranks in the 90th percentile of US cities tracked.
How does Danvers rank for studio rent in Massachusetts?
Among the 106 cities in Massachusetts with studio data, Danvers ranks #68 from cheapest to most expensive.
Are there cheaper studio options near Danvers?
Yes — nearby cities with cheaper studio rents include Peabody ($2,000), Salem ($2,000), Lynn ($2,000).