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  1. Building Photo - Essex Apartment Homes
    |
    1 BED
    $2,545+
    2 BEDS
    $3,225+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,545 - $4,043
    Required Monthly FeesNone
    Total Monthly Price$2,545 - $4,043

    Essex Apartment Homes

    One Avalon Dr, Peabody, MA 01960
    (781) 776-7783
  2. Building Photo - Jayden Apartments
    1 BED
    $2,688+
    2 BEDS
    $3,051+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,688 - $3,726
    Utilities & EssentialsVaries
    Total Monthly Price$2,688 - $3,726

    Jayden Apartments

    7 Dearborn Rd, Peabody, MA 01960
    (978) 818-1902
  3. Good Value
    1 BED
    $2,495+
    2 BEDS
    $2,785+
    3 BEDS
    $3,540+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,495 - $3,600
    Required Monthly FeesNone
    Total Monthly Price$2,495 - $3,600

    Highlands at Dearborn Apartments

    19 Magnolia Way, Peabody, MA 01960
    (781) 808-3637
  4. Rent Special
    Rent Special
    1 BED
    $2,361+
    2 BEDS
    $2,725+
    3 BEDS
    $3,412+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,351 - $3,532
    Required Monthly Fees$10 - $15
    Total Monthly Price$2,361 - $3,547

    14 North

    1000 Crane Brook Way, Peabody, MA 01960
    (781) 808-2062
  6. Good Value
    |
    1 BED
    $2,407+
    2 BEDS
    $2,908+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,407 - $2,978
    Utilities & EssentialsVaries
    Total Monthly Price$2,407 - $2,978

    Hawthorne Commons

    205 Highland Ave, Salem, MA 01970
    (351) 666-6013
  7. Building Photo - Alexan Peabody
    1 Month Free
    1 Month Free
    STUDIO
    $2,403+
    1 BED
    $2,560+
    2 BEDS
    $3,250+
    3 BEDS
    $4,105+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,403 - $4,415
    Utilities & EssentialsVaries
    Total Monthly Price$2,403 - $4,415
         - 13 Month Lease

    Alexan Peabody

    128 Newbury St, Peabody, MA 01960
    (978) 788-2257
  8. Building Photo - Traders Row
    Discounts
    Discounts
    1 BED
    $2,278+
    2 BEDS
    $2,950+
    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. $485 Off
    Price Drop. $485 Off
    2 BEDS
    $2,548
    Total Monthly Price Total Monthly Price New
    Base Rent$2,490 - $3,290
    Required Monthly Fees$58
    Total Monthly Price$2,548 - $3,348

    eaves Peabody

    51 Keys Dr, Peabody, MA 01960
    (978) 643-9902
  12. 1 BED
    $2,635
    Total Monthly Price Total Monthly Price New
    Base Rent$2,635 - $2,895
    Utilities & EssentialsVaries
    Total Monthly Price$2,635 - $2,895
         - 12 Month Lease

    Halstead Salem Station

    72 Flint St, Salem, MA 01970
    (351) 999-8695
  13. Building Photo - Lynnfield Commons
    Good Value
    1 BED
    $2,268+
    2 BEDS
    $3,187+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,268 - $3,187
    Required Monthly FeesNone
    Total Monthly Price$2,268 - $3,187

    Lynnfield Commons

    375 Broadway, Lynnfield, MA 01940
    (978) 315-6256
  21. 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
  22. STUDIO
    $1,900+
    1 BED
    $2,450+
    2 BEDS
    $2,800+
    Plus Fees - 12 Month Lease

    Grove Street Landing

    64 Grove St, Salem, MA 01970
  24. Building Photo - 51 Keys Dr
    2 BEDS, 1 BATH
    $3,580
    Total Monthly Price Total Monthly Price New
    Base Rent$3,140
    Required Monthly Fees$440
    Total Monthly Price$3,580

    51 Keys Dr Unit SI FL2-ID6742A

    51 Keys Dr, Peabody, MA 01960
  26. Building Photo - 4 Mill St
    STUDIO, 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

    4 Mill St Unit 5

    4 Mill St, Peabody, MA 01960
  31. Building Photo - 8 Crowninshield St
    2 BEDS, 2 BATHS
    $2,900
    Total Monthly Price Total Monthly Price New
    Base Rent$2,900
    Required Monthly FeesNone
    Total Monthly Price$2,900
         - 12 Month Lease

    8 Crowninshield St Unit 311

    8 Crowninshield St, Peabody, MA 01960
    Apply
  32. Building Photo - 76 Lynn St
    2 BEDS, 1 BATH
    $2,300
    Total Monthly Price Total Monthly Price New
    Base Rent$2,300
    Required Monthly FeesNone
    Total Monthly Price$2,300
         - 12 Month Lease

    76 Lynn St Unit Second floor

    76 Lynn St, Peabody, MA 01960
    Apply
  34. Building Photo - 33 Water St
    2 BEDS, 2.5 BATHS
    $3,200
    Total Monthly Price Total Monthly Price New
    Base Rent$3,200
    Required Monthly FeesNone
    Total Monthly Price$3,200
         - 12 Month Lease

    33 Water St Unit Apt 1

    33 Water St, Danvers, MA 01923
    Apply
  35. View upon entering from Collins Street - 35 Collins St
    2 BEDS, 2 BATHS
    $3,200
    Total Monthly Price Total Monthly Price New
    Base Rent$3,200
    Required Monthly FeesNone
    Total Monthly Price$3,200
         - 12 Month Lease

    35 Collins St Unit 35C92

    35 Collins St, Danvers, MA 01923
    Apply
  36. 5 BEDS, 2 BATHS
    $4,500
    Total Monthly Price Total Monthly Price New
    Base Rent$4,500
    Required Monthly FeesNone
    Total Monthly Price$4,500
         - 12 Month Lease

    15 River St

    15 River St, Danvers, MA 01923
    Apply
  37. 2 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

    29 Savory St

    29 Savory St, Lynn, MA 01904
    Apply
  38. 1 BED, 1.5 BATHS
    $2,800
    Total Monthly Price Total Monthly Price New
    Base Rent$2,800
    Required Monthly FeesNone
    Total Monthly Price$2,800
         - 3 Month Lease

    50-1 Barr St

    50-1 Barr St, Salem, MA 01970
    Apply
  39. Building Photo - 85 Lynnfield St
    2 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

    85 Lynnfield St Unit 2

    85 Lynnfield St, Lynn, MA 01904
    Apply
  40. Building Photo - 230 Euclid Ave
    2 BEDS, 1 BATH
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200 - $2,300
    Required Monthly FeesNone
    Total Monthly Price$2,200 - $2,300
         - 12 Month Lease

    230 Euclid Ave

    230 Euclid Ave, Lynn, MA 01904
    Apply
  41. 2 BEDS, 1 BATH
    $2,300
    Total Monthly Price Total Monthly Price New
    Base Rent$2,300
    Required Monthly FeesNone
    Total Monthly Price$2,300
         - 12 Month Lease

    74 Aborn St Unit 3

    74 Aborn St, Peabody, MA 01960
  42. 2 BEDS, 1 BATH
    $2,300
    Total Monthly Price Total Monthly Price New
    Base Rent$2,300
    Required Monthly FeesNone
    Total Monthly Price$2,300
         - 12 Month Lease

    6 Berry St Unit 1

    6 Berry St, Peabody, MA 01960
Showing 42 of 89 results, Page 1 of 3

Peabody at a Glance

Average Rent

$2,322
(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

Public High School

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

Public High School

Public
Grades 9-12
1,234 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
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 $2,322.

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

The average rent for a studio apartment in Peabody, MA is $1,531.

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 $2,322.

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 $2,768.

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 $3,358.

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 $3,095.

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