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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Beverly city, Massachusetts?

$1,771/month 5.2%vs 2023 ($1,683)

City · Census ACS 5-Year estimates

The median gross rent in Beverly city, Massachusetts is $1,771/month (±$106), based on Census ACS 5-Year estimates (2024). The median home value is $650,300 (±$12,877), and the median household income is $106,044/year. The unemployment rate in Essex County, Massachusetts was 4.3% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Beverly city, Massachusetts

MetricValue
Median Gross Rent$1,771
Median Home Value$650,300
Median Household Income$106,044
Total Housing Units16,980
Renter-Occupied Units6,768
Renter-Occupied Share40%
Households Paying 50%+ Income1,622 households
Unemployment Rate(April 2026)4.3%

How does Beverly city, Massachusetts compare?

Median gross rent ranked against all cities in Massachusetts.

Higher rent than 61% of cities in Massachusetts · 85th of 216

Cheapest: Smith Mills CDP($658)
Priciest: Hanscom AFB CDP($3,408)
#CityValue
1Hanscom AFB CDP$3,408
2New Seabury CDP$3,146
3South Duxbury CDP$3,000
… 81 more …
85Beverly city(you are here)$1,771
… 128 more …
214Smith Mills CDP$658
215Cheshire CDP$647
216Groton CDP$349

ZIP codes in Beverly city

3 ZIP codes overlap Beverly city.

More data for Beverly city, Massachusetts

Frequently asked questions

What is the average rent in Beverly city, Massachusetts?

The median gross rent in Beverly city, Massachusetts is $1,771/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Beverly city, Massachusetts?

The median rent for a 2-bedroom in Beverly city, Massachusetts is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Beverly city, Massachusetts?

The median home value in Beverly city, Massachusetts is $650,300 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Beverly city are rent-burdened?

In Beverly city, Massachusetts, 1,622 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Beverly city, Massachusetts?

The median household income in Beverly city, Massachusetts is $106,044/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,771 has a margin of error of ±$106. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.