Average Rent in Beverly, MA

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Current Versus Historical Beverly, MA Rents

Beverly rentals average $1,795 for a studio rental to $3,650 for a 4-bedroom rental. The median price of all currently available listings is $2,450, or roughly $35 per square feet.

For the apartment units and housing in October 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $68 (-3.62%) year-over-year from $1,863 to $1,795. 1-bedroom rentals prices have decreased by $496 (-19.11%) year-over-year from $2,596 to $2,100. 2-bedroom rentals prices have decreased by $308 (-10.98%) year-over-year from $2,808 to $2,500. 3-bedroom rentals prices have decreased by $792 (-19.59%) year-over-year from $4,042 to $3,250. 4-bedroom rentals prices have decreased by $291 (-7.39%) year-over-year from $3,941 to $3,650. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 2.00% this month. 1-bedroom rents have gone down by 3.08% this month. 2-bedroom rents have gone up by 2.74% this month. 3-bedroom rents have gone up by 2.36% this month. 4-bedroom rents have gone down by 32.20% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$51.16	$1,795	$1,863 (-3.62%)	$1,863 (-3.63%)
1 BR	$35.88	$2,100	$2,596 (-19.11%)	$2,771 (-24.22%)
2 BR	$33.60	$2,500	$2,808 (-10.98%)	$2,908 (-14.02%)
3 BR	$32.29	$3,250	$4,042 (-19.59%)	$2,892 (12.39%)
4+ BR	$36.50	$3,650	$3,941 (-7.39%)	$3,250 (12.31%)

Historical Rents in Beverly, MA

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Beverly

There are a total of 10 cities nearby Beverly. The average rent in Beverly is currently $2,623 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Chelsea, MA, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Beverly, MA is Somerville, MA. Monthly rents here are on average $3,200 per month.

Let's compare Beverly, MA's rent against other top cities nearby by bedroom size. Typically, rent for studios in Beverly, MA is 6.82% more expensive than other cities nearby. One bedrooms are about 3.51% more affordable. Two bedrooms in Beverly, MA are about 6.00% more affordable. Finally, rent for three bedrooms are about 5.00% more expensive. Want more information? Check out the top 10 cities near Beverly, MA in the following table.

City	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,595	$2,148	$2,700	$2,100
Lynn, MA	$1,650	$1,900	$2,295	$2,273
Salem, MA	$1,375	$2,000	$2,395	$2,500
Malden, MA	$1,700	$2,100	$2,500	$2,500
Revere, MA	$1,695	$2,200	$2,600	$2,595
Everett, MA	$1,650	$2,000	$2,500	$2,650
Wakefield, MA	$2,283	$2,588	$3,253	$2,850
Arlington, MA	$1,650	$2,200	$2,800	$2,975
Medford, MA	$1,925	$2,238	$2,800	$3,000
Somerville, MA	$2,350	$2,600	$2,998	$3,200

Top Neighborhoods Near Beverly

There are a total of 5 neighborhoods in or near Beverly. Some of these neighborhoods include Broadway, Maplewood, and Glendale. We've included all of these top 5 neighborhoods in or near Beverly, MA in the following table.

The average rent for these 5 neighborhoods in or near Beverly, MA is currently around $2,600 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $2,600. Interestingly, the neighborhoods' average rent is higher than Beverly's average rent, which is only $2,450. Out of all the neighborhoods in or near Beverly, Broadway has the most affordable average rent at $1,750 per month. Whereas, at $3,200 average rent per month, South Medford is the most expensive neighborhood in or near Beverly. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Broadway, Chelsea, MA	$1,595	$2,150	$2,600	$1,750
Maplewood, Malden, MA	$1,700	$1,900	$2,250	$2,350
Glendale, Everett, MA	$1,600	$2,000	$2,450	$2,600
Harbor View - Orient Heights, Boston, MA	$1,700	$2,000	$2,900	$2,950
South Medford, Medford, MA	$1,950	$2,900	$2,625	$3,200

Top Counties Near Beverly

There are a total of 11 counties located by Beverly, MA. Some of these counties include Chelsea, MA, Lynn, MA, and Beverly, MA. The average rent for rentals in these counties is $2,595. That's roughly around $32 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Chelsea, MA. Its average rent per month is $2,100. Vice versa, with an average rent of $3,200, Somerville, MA is the most expensive county by Beverly, MA.

Typically, rent for studios in Beverly, MA is 5.57% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Beverly, MA is 2.26% more affordable than other counties nearby. Finally, rent for two bedrooms in Beverly, MA is 4.00% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Chelsea, MA	$1,595	$2,148	$2,700	$2,100
Lynn, MA	$1,650	$1,900	$2,295	$2,273
Beverly, MA	$1,795	$2,100	$2,500	$2,450
Salem, MA	$1,375	$2,000	$2,395	$2,500
Malden, MA	$1,700	$2,100	$2,500	$2,500
Revere, MA	$1,695	$2,200	$2,600	$2,595
Everett, MA	$1,650	$2,000	$2,500	$2,650
Wakefield, MA	$2,283	$2,588	$3,253	$2,850
Medford, MA	$1,925	$2,238	$2,800	$3,000
Somerville, MA	$2,350	$2,600	$2,998	$3,200

Top Zipcodes Near Beverly

There are a total of 5 zipcodes in or near Beverly, MA. The average rent for all of these zipcodes is $2,650. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 02150, Chelsea, MA at $2,100 per month. In comparison, the zipcode with the most expensive average rent of $3,400 per month is 02140, Cambridge, MA.

Studios in these zipcodes have an average rent of $1,700. That's at least $47 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Beverly, MA is $2,148 per month. Or in other words, $38 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,700 per month. Which comes out to $31 per sqft. The following table includes the top 5 zipcodes in Beverly, MA. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
02155, Medford, MA	$1,925	$2,238	$2,800	$3,000
02148, Malden, MA	$1,700	$2,100	$2,500	$2,500
02149, Everett, MA	$1,650	$2,000	$2,500	$2,650
02150, Chelsea, MA	$1,595	$2,148	$2,700	$2,100
02140, Cambridge, MA	$2,100	$2,627	$3,700	$3,400

Frequently Asked Questions - Beverly Average Rents

What is the average rent price in Beverly, MA?

The average monthly rental price for Beverly, MA apartments for rent is approximately $2,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Beverly, MA rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Beverly, MA.

How much is a studio apartment in Beverly, MA?

The average monthly rental price for studio apartments is $1,795 and an average price per square feet of $51.16. There are a total of 3 studio apartment listings currently available for rent in Beverly.

How much is a one bedroom apartment in Beverly, MA?

The average monthly rental price for one bedroom apartments is $2,100 and an average price per square feet of $35.88. There are a total of 16 one bedroom apartment listings currently available for rent in Beverly.

How much is a two bedroom apartment in Beverly, MA?

The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $33.60. There are a total of 31 two bedroom apartment listings currently available for rent in Beverly.

How have rent prices in Beverly, MA changed this year?

Rent prices for rentals in Beverly, MA can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by -0.19%, two bedroom rental prices have changed by -0.11%, three bedroom rental prices have changed by -0.20% year-over-year.

What is a reasonable rent price in Beverly, MA?

A reasonable rent price in Beverly, MA is around $1,960/month. You can search for these reasonably priced rental listings on RentHop.