Average Rent in Beverly, MA

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Current Versus Historical Beverly, MA Rents

Beverly rentals average $1,600 for a studio rental to $6,250 for a 4-bedroom rental. The median price of all currently available listings is $2,575, or roughly $36 per square feet.
For the apartment units and housing in September 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $254 (-13.71%) year-over-year from $1,854 to $1,600. 1-bedroom rentals prices have decreased by $491 (-17.59%) year-over-year from $2,791 to $2,300. 2-bedroom rentals prices have decreased by $17 (-0.61%) year-over-year from $2,717 to $2,700. 3-bedroom rentals prices have increased by $33 (0.94%) year-over-year from $3,542 to $3,575. 4-bedroom rentals prices have increased by $8 (0.21%) year-over-year from $3,992 to $4,000. 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 1.03% this month. 1-bedroom rents have gone up by 5.75% this month. 2-bedroom rents have gone up by 5.88% this month. 3-bedroom rents have gone down by 1.83% this month. 4-bedroom rents have gone down by 27.27% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $45.37 $1,600 $1,854 (-13.71%) $2,004 (-20.17%)
1 BR $42.56 $2,300 $2,791 (-17.59%) $2,492 (-7.69%)
2 BR $36.00 $2,700 $2,717 (-0.61%) $2,600 (3.85%)
3 BR $31.14 $3,575 $3,542 (0.94%) $3,075 (16.26%)
4+ BR $32.91 $4,000 $3,992 (0.21%) $2,750 (45.45%)

Historical Rents in Beverly, MA

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Beverly

There are a total of 11 cities nearby Beverly. The average rent in Beverly is currently $2,900 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Lynn, MA, with an average rent of $2,300, is the most affordable city nearby. In contrast, the most expensive city near Beverly, MA is Somerville, MA. Monthly rents here are on average $3,425 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 15.63% more affordable than other cities nearby. One bedrooms are about 2.17% more expensive. Two bedrooms in Beverly, MA are about 10.58% more affordable. Finally, rent for three bedrooms are about 6.67% more affordable. Want more information? Check out the top 10 cities out of 11 total cities near Beverly, MA in the following table.
City Studio 1 Bed 2 Bed All
Lynn, MA $1,650 $1,900 $2,300 $2,300
Chelsea, MA $1,550 $2,100 $2,800 $2,300
Salem, MA $1,850 $2,100 $2,500 $2,600
Malden, MA $1,900 $2,100 $2,600 $2,700
Everett, MA $1,850 $2,000 $2,500 $2,700
Revere, MA $1,750 $2,350 $2,875 $2,900
Wakefield, MA $2,703 $2,475 $3,368 $2,963
Arlington, MA $1,950 $2,275 $2,900 $3,175
Medford, MA $1,925 $2,400 $2,900 $3,200
Somerville, MA $2,400 $2,613 $3,200 $3,425

Top Neighborhoods Near Beverly

There are a total of 6 neighborhoods in or near Beverly. Some of these neighborhoods include Broadway, Glendale, and Maplewood. We've included all of these top 6 neighborhoods in or near Beverly, MA in the following table.

The average rent for these 6 neighborhoods in or near Beverly, MA is currently around $2,925 per month. A total of one neighborhood has a lower average rent. Meaning, only five neighborhoods have a higher average rent than $2,925. Interestingly, the neighborhoods' average rent is higher than Beverly's average rent, which is only $2,575. Out of all the neighborhoods in or near Beverly, Broadway has the most affordable average rent at $1,750 per month. Whereas, at $3,500 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 $1,550 $2,325 $2,900 $1,750
Glendale, Everett, MA $1,850 $2,000 $2,400 $2,600
Maplewood, Malden, MA $1,700 $2,100 $2,550 $2,650
Harbor View - Orient Heights, Boston, MA $1,700 $2,250 $3,100 $3,200
East Somerville, Somerville, MA $2,450 $2,525 $2,995 $3,200
South Medford, Medford, MA N/A $2,500 $2,938 $3,500

Top Counties Near Beverly

There are a total of 12 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 $2,800. 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 $2,300. Vice versa, with an average rent of $3,425, Somerville, MA is the most expensive county by Beverly, MA.

Typically, rent for studios in Beverly, MA is 15.63% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Beverly, MA is 1.63% more expensive than other counties nearby. Finally, rent for two bedrooms in Beverly, MA is 9.13% 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 $1,550 $2,100 $2,800 $2,300
Lynn, MA $1,650 $1,900 $2,300 $2,300
Beverly, MA $1,600 $2,300 $2,600 $2,575
Salem, MA $1,850 $2,100 $2,500 $2,600
Malden, MA $1,900 $2,100 $2,600 $2,700
Everett, MA $1,850 $2,000 $2,500 $2,700
Revere, MA $1,750 $2,350 $2,875 $2,900
Wakefield, MA $2,703 $2,475 $3,368 $2,963
Medford, MA $1,925 $2,400 $2,900 $3,200
Somerville, MA $2,400 $2,613 $3,200 $3,425

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 $2,700. 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 $2,300 per month. In comparison, the zipcode with the most expensive average rent of $3,600 per month is 02140, Cambridge, MA.

Studios in these zipcodes have an average rent of $1,900. That's at least $51 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Beverly, MA is $2,100 per month. Or in other words, $37 per sqft. Meanwhile, two bedroom apartments will cost you an average of $2,800 per month. Which comes out to $32 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 $2,400 $2,900 $3,200
02148, Malden, MA $1,900 $2,100 $2,600 $2,700
02149, Everett, MA $1,850 $2,000 $2,500 $2,700
02150, Chelsea, MA $1,550 $2,100 $2,800 $2,300
02140, Cambridge, MA $2,238 $2,700 $3,550 $3,600

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 $2,575. 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 $1,600 and an average price per square feet of $45.37. There are a total of 2 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 $2,300 and an average price per square feet of $42.56. There are a total of 13 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 $2,600 and an average price per square feet of $36.00. There are a total of 24 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 -0.14%, one bedroom rental prices have changed by -0.18%, two bedroom rental prices have changed by -0.01%, three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in Beverly, MA?
A reasonable rent price in Beverly, MA is around $2,060/month. You can search for these reasonably priced rental listings on RentHop.