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Studio Apartment for Rent in Danvers, MA

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    Starting at $2,025 Plus Fees

    • Studio - 3 Beds

    128 Maple St, Danvers, MA 01923

    Maple Square delivers elevated North Shore living where heritage meets modern sophistication, creating a distinctive residential experience for those who value both tradition and contemporary comfort.• Concierge-level services within an authentic community setting • Wellness-forward design promoting personal and social wellbeing• Thoughtfully curated spaces that foster meaningful connection•

    Maple Square Apartments

    (978) 705-0513

    128 Maple St, Danvers, MA 01923

Why Live in Danvers

Danvers, Massachusetts, founded in 1759, is a charming coastal harbor town north of Boston. Originally a farming village, it has grown into a vibrant community on the North Shore, offering a mix of historic homes and new riverfront communities. Homebuyers can find properties built in the 1700s and 1800s, including ranch-style homes and Colonial Revival designs. Recent zoning changes have introduced new apartments and condos, set to be completed by late 2025. The town features spacious lots in North Danvers and smaller lots closer to downtown, which is known for its quaint atmosphere. Danvers is home to 28,000 residents and attracts nearly as many workers due to its commercial activity. The town boasts 23 parks and playgrounds, with Endicott Park serving as a central recreation area where residents can enjoy farm animals, sports, trails, and fishing. Danvers Public Schools are highly rated, with Ivan G. Smith and Willis E. Thorpe elementary schools receiving top marks, and Danvers High School known for its strong sports programs. Dining options along Maple Street include popular spots like Modern Butcher, while Endicott Street offers retail options at Liberty Tree Mall. Major roads such as Interstate 95 and the Yankee Division Highway provide easy access to nearby cities like Salem and Beverly, and Boston Logan International Airport is 28 miles away. Danvers hosts annual events through Danvers FalconFest, including Downtown Rewind, WIFFLE® Bowl, and a Christmas Tree lighting ceremony. The town has a lower crime rate than national and state averages, contributing to its appeal for potential homebuyers.

Frequently Asked Questions

How much does it cost to rent a home in Danvers, MA?
The median rent for a home in Danvers, MA is $3,095 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Danvers, MA?
To comfortably afford the median rent in Danvers, MA, a household needs to earn roughly $123,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,095 per month in Danvers, MA, renters typically need to show $9,285 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Danvers, MA?
In Danvers, MA, the price-to-rent ratio is 17.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Danvers, MA are best for renting a home?
The best neighborhood for renting in Danvers, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Lynn, Revere Beach and West Revere, each with its own character and price range.

Rental Home Trends in Danvers, MA

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$3,095
Median Single Family Home Rent
$3,250
Median Townhouse Rent
$3,700
Median Condo Rent
$2,500
How to Rent a Home