Amara
6 Rantoul St,
Beverly, MA 01915
Studio - 2 Beds | Call for Rent
Rental Market Trends in Beverly, MA
What is the average rent in Beverly, MA?
$2,419/month
Average Rent
713 Sq Ft
Average Apartment Size
+5.6%
Increase in the Last Year
As of December 2024, the average rent in Beverly, MA is $2,419 per month. This is 55% higher than the national average rent price of $1,560/month, making Beverly one of the most expensive cities in the US. When you rent an apartment in Beverly, you can expect to pay about $2,100 per month for a studio, $2,419 for a one-bedroom apartment, and around $2,840 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,623 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Beverly, MA?
In the past year, rent has increased by 5.6%, which averages out to $137 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 December 2024
Legend
2023
2024
Rent Ranges in Beverly, MA
Last Updated December 2024
Above $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
16%
$1,001 - $1,500/month
5%
$1,501 - $2,000/month
74%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Beverly?
Based on current rent prices, Beverly and Downtown Beverly" are the most affordable neighborhoods in Beverly.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Beverly?
Based on current rent prices, Downtown Beverly and Beverly" are the most expensive neighborhoods in Beverly.
Neighborhood
Average Rent
Average Sq Ft
Which Beverly neighborhoods have the most rentals available?
The neighborhoods in Beverly with the most apartments available are Beverly and Downtown Beverly" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Beverly, MA?
Because the average rent in Beverly is $2,419, you’ll want to make about $8,063 per month or $96,756 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.
How does Beverly, MA compare to other nearby cities and neighborhoods?
Use the tool below to compare Beverly, MA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$2,086/month
$2,102/month
One Bedroom
$2,346/month
$2,479/month
Two Bedroom
$2,700/month
$3,062/month
Three Bedroom
$3,643/month
$1,880/month
Nearby City Rent Trends
Apartment communities in Beverly we think you'll love
Property Management Companies in Beverly, MA
The Dolben Company
-
60
Communities
-
14,175
Units
-
44
Cities
2 Communities in Beverly
Peabody Properties
-
12
Communities
-
1,337
Units
-
9
Cities
2 Communities in Beverly
Winn Companies
-
130
Communities
-
28,025
Units
-
92
Cities
1 Community in Beverly
John M Corcoran & Co
-
49
Communities
-
9,976
Units
-
34
Cities
1 Community in Beverly
Learn more with helpful articles
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Methodology
† 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.
* Percentages may not total 100 due to rounding.