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  1. Building Photo - Jayden Apartments
    $434 Off
    Price Drop. $434 Off
    1 BED
    $2,467+
    2 BEDS
    $3,309+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,467 - $4,927
    Required Monthly FeesNone
    Total Monthly Price$2,467 - $3,659

    Jayden Apartments

    7 Dearborn Rd, Peabody, MA 01960
    (978) 818-1902
  2. Building Photo - Alexan Peabody
    Good Value
    |
    STUDIO
    $2,453+
    1 BED
    $2,262+
    2 BEDS
    $3,240+
    3 BEDS
    $4,230+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,262 - $4,230
    Utilities & EssentialsVaries
    Total Monthly Price$2,262 - $4,230
         - 13 Month Lease

    Alexan Peabody

    128 Newbury St, Peabody, MA 01960
    (978) 788-2257
  3. |
    1 BED
    $2,421+
    2 BEDS
    $2,952+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,421 - $4,395
    Required Monthly FeesNone
    Total Monthly Price$2,421 - $4,395

    Essex Apartment Homes

    One Avalon Dr, Peabody, MA 01960
    (781) 776-7783
  4. 1 BED
    $2,325+
    2 BEDS
    $2,960+
    3 BEDS
    $3,745+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,325 - $5,160
    Required Monthly FeesNone
    Total Monthly Price$2,325 - $3,970

    Highlands at Dearborn Apartments

    19 Magnolia Way, Peabody, MA 01960
    (781) 808-3637
  5. 1 BED
    $2,384+
    2 BEDS
    $2,916+
    3 BEDS
    $3,673+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,374 - $4,162
    Required Monthly Fees$10 - $15
    Total Monthly Price$2,384 - $4,177

    14 North

    1000 Crane Brook Way, Peabody, MA 01960
    (781) 808-2062
  7. Discounts
    Discounts
    |
    1 BED
    $2,449+
    2 BEDS
    $2,849+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,449 - $15,655
    Utilities & EssentialsVaries
    Total Monthly Price$2,449 - $2,909

    Hawthorne Commons

    205 Highland Ave, Salem, MA 01970
    (351) 666-6013
  8. Building Photo - Traders Row
    Exceptional Value
    1 BED
    $2,278+
    2 BEDS
    $2,791+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,278 - $3,475
    Utilities & EssentialsVaries
    Total Monthly Price$2,278 - $3,475
         - 12 Month Lease

    Traders Row

    45 Traders Way, Salem, MA 01970
    (978) 543-1623
  9. Building Photo - eaves Peabody
    Rent Special
    Rent Special
    1 BED
    $2,353+
    2 BEDS
    $2,698+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,295 - $2,730
    Required Monthly Fees$58
    Total Monthly Price$2,353 - $2,788

    eaves Peabody

    51 Keys Dr, Peabody, MA 01960
    (978) 643-9902
  11. 1 BED
    $2,560+
    2 BEDS
    $3,870+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,560 - $3,870
    Utilities & EssentialsVaries
    Total Monthly Price$2,560 - $3,870
         - 12 Month Lease

    Halstead Salem Station

    72 Flint St, Salem, MA 01970
    (351) 999-8695
  13. Building Photo - Lynnfield Commons
    Rent Special
    Rent Special
    1 BED
    $2,517+
    2 BEDS
    $3,017+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,517 - $3,221
    Required Monthly FeesNone
    Total Monthly Price$2,517 - $3,172

    Lynnfield Commons

    375 Broadway, Lynnfield, MA 01940
    (978) 315-6256
  15. 3 BEDS
    $3,950
    Total Monthly Price Total Monthly Price New
    Base Rent$3,750 - $3,950
    Required Monthly FeesNone
    Total Monthly Price$3,950
         - 12 Month Lease

    23 Prince Street Apartments

    23 Prince St, Danvers, MA 01923
    (978) 705-5062
  18. Building Photo - River Properties
    1 BED
    $2,495+
    2 BEDS
    $2,800+
    Plus Fees

    River Properties

    70-92 Boston St, Salem, MA 01970
  19. Building Photo - Terrace Gardens
    Rent Special
    Rent Special
    1 BED
    $1,925+
    2 BEDS
    $2,450+
    Plus Fees - 12 Month Lease

    Terrace Gardens

    2 Esquire Dr, Peabody, MA 01960
  21. Building Photo - 111 Foster St
    2 BEDS, 1 BATH
    $2,800
    Total Monthly Price Total Monthly Price New
    Base Rent$2,800
    Required Monthly FeesNone
    Total Monthly Price$2,800

    111 Foster St Unit 416

    111 Foster St, Peabody, MA 01960
  23. Building Photo - 148 Washington St
    2 BEDS, 1 BATH
    $2,150
    Total Monthly Price Total Monthly Price New
    Base Rent$2,150
    Required Monthly FeesNone
    Total Monthly Price$2,150
         - 12 Month Lease

    148 Washington St

    148 Washington St, Peabody, MA 01960
  31. Building Photo - 19 Bourbon St
    2 BEDS, 1 BATH
    $2,800
    Total Monthly Price Total Monthly Price New
    Base Rent$2,800
    Required Monthly FeesNone
    Total Monthly Price$2,800
         - 12 Month Lease

    19 Bourbon St Unit 19 Bourbon St #87

    19 Bourbon St, Peabody, MA 01960
    Apply
  32. Building Photo - 6 Castle Cir
    1 BED, 1 BATH
    $1,600
    Total Monthly Price Total Monthly Price New
    Base Rent$1,600
    Required Monthly FeesNone
    Total Monthly Price$1,600
         - 12 Month Lease

    6 Castle Cir Unit B

    6 Castle Cir, Peabody, MA 01960
    Apply
  34. 2 BEDS, 2 BATHS
    $3,000
    Total Monthly Price Total Monthly Price New
    Base Rent$3,000
    Required Monthly FeesNone
    Total Monthly Price$3,000
         - 12 Month Lease

    8 Crowninshield St Unit 311

    8 Crowninshield St, Peabody, MA 01960
    Apply
  35. 3 BEDS, 1 BATH
    $2,600
    Total Monthly Price Total Monthly Price New
    Base Rent$2,600
    Required Monthly FeesNone
    Total Monthly Price$2,600
         - 12 Month Lease

    10 Merrill St Unit 2

    10 Merrill St, Danvers, MA 01923
    Apply
  36. Building Photo - 123 Highland Ave
    Rent Special
    Rent Special
    2 BEDS, 1 BATH
    $2,400
    Total Monthly Price Total Monthly Price New
    Base Rent$2,400
    Required Monthly FeesNone
    Total Monthly Price$2,400
         - 12 Month Lease

    123 Highland Ave Unit 3

    123 Highland Ave, Salem, MA 01970
    Apply
  37. Building Photo - 17 Dunlap St
    3 BEDS, 1 BATH
    $3,200
    Total Monthly Price Total Monthly Price New
    Base Rent$3,200
    Required Monthly FeesNone
    Total Monthly Price$3,200
         - 12 Month Lease

    17 Dunlap St Unit 1

    17 Dunlap St, Salem, MA 01970
    Apply
  38. 3 BEDS, 1 BATH
    $3,075
    Total Monthly Price Total Monthly Price New
    Base Rent$3,075
    Required Monthly FeesNone
    Total Monthly Price$3,075
         - 12 Month Lease

    84 Endicott St Unit 1-R

    84 Endicott St, Peabody, MA 01960
  39. 2 BEDS, 1 BATH
    $2,550
    Total Monthly Price Total Monthly Price New
    Base Rent$2,550
    Required Monthly FeesNone
    Total Monthly Price$2,550
         - 12 Month Lease

    74 Aborn St Unit 3

    74 Aborn St, Peabody, MA 01960
  40. 2 BEDS, 1 BATH
    $2,375
    Total Monthly Price Total Monthly Price New
    Base Rent$2,375
    Required Monthly FeesNone
    Total Monthly Price$2,375
         - 12 Month Lease

    6 Berry St Unit 1

    6 Berry St, Peabody, MA 01960
  41. Building Photo - 8 Ledgewood Way
    2 BEDS, 2 BATHS
    $3,100
    Total Monthly Price Total Monthly Price New
    Base Rent$3,100
    Required Monthly FeesNone
    Total Monthly Price$3,100
         - 12 Month Lease

    8 Ledgewood Way Unit #10

    8 Ledgewood Way, Peabody, MA 01960
  42. Building Photo - 230 Broadway
    2 BEDS, 1 BATH
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200
         - 12 Month Lease

    230 Broadway Unit #2

    230 Broadway, Lynn, MA 01904
Showing 42 of 80 results, Page 1 of 2

Peabody at a Glance

Average Rent

$2,232
(All bedrooms and property types)
Learn more about
Average Rent in Peabody
4

School Rating

out of 10 Rating
Learn more about
Schools in Peabody

Peabody, MA Apartments for Rent

Settled in 1626, Peabody combines historical charm with modern living just 15 miles northeast of Boston in Essex County. The city, once known for its leather industry, offers apartments at an average rent of $2,188 for a one-bedroom unit, making it a cost-effective alternative to Boston proper while maintaining easy access to the metropolitan area.

From downtown Peabody Square to the tree-lined streets of West Peabody, the city offers diverse apartment options throughout its neighborhoods. The Northshore Mall serves as a major shopping destination, while Brooksby Farm provides 275 acres of outdoor space with walking trails and seasonal activities. Transportation options include easy access to Interstate 95, Route 128, and U.S. Route 1, plus convenient airport service via the Logan Express stop at Northshore Mall. These amenities, combined with its North Shore location, make Peabody a practical choice for apartment residents.

Renting in Peabody

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Peabody

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

Public University
Public University
Public University
Private University
Private University
GreatSchools Rating
Peabody Veterans Memorial High School

Public High School

Public
Grades 9-12
1,234 Students
GreatSchools Rating
Peabody Veterans Memorial High

Public High School

Public
Grades 9-12
1,234 Students
GreatSchools Rating
J Henry Higgins Middle

Public Middle School

Public
Grades 6-8
1,271 Students
GreatSchools Rating
J Henry Higgins Middle School

Public Middle School

Public
Grades 6-8
1,271 Students
GreatSchools Rating
John E. Burke Elementary School

Public Elementary School

Public
Grades K-5
295 Students
GreatSchools Rating
Thomas Carroll Elementary School

Public Elementary School

Public
Grades K-5
562 Students
GreatSchools Rating
Captain Samuel Brown Elementary School

Public Elementary School

Public
Grades K-5
375 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Peabody

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Frequently asked questions about renting in Peabody, MA

What are the average rent costs in Peabody, MA?

The average rent in Peabody, MA is $2,232.

What are the average rent costs of a studio apartment in Peabody, MA?

The average rent for a studio apartment in Peabody, MA is $1,510.

What are the average rent costs of a one bedroom apartment in Peabody, MA?

The average rent for a 1 bedroom apartment in Peabody, MA is $2,232.

What are the average rent costs of a two bedroom apartment in Peabody, MA?

The average rent for a 2 bedroom apartment in Peabody, MA is $2,886.

What are the average rent costs of a three bedroom apartment in Peabody, MA?

The average rent for a 3 bedroom apartment in Peabody, MA is $3,481.

What are the average rent costs of a four bedroom apartment in Peabody, MA?

The average rent for a 4 bedroom apartment in Peabody, MA is $3,088.

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