What are the average rent costs in Peabody, MA?

The average rent in Peabody, MA is $2,230.

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

The average rent for a studio apartment in Peabody, MA is $1,527.

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 $2,230.

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 $2,867.

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 $3,468.

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 $3,094.

Cheap Apartments for Rent in Peabody, MA

485 Rentals

STUDIO, 1 BATH

$1,100

Total Monthly Price Total Monthly Price New
Base Rent$1,100
Required Monthly FeesNone
Total Monthly Price$1,100

40R Highland Ave Unit 1

40R Highland Ave, Salem, MA 01970
1 BED, 1 BATH

$1,499

37 Osborne Hill Dr

37 Osborne Hill Dr, Salem, MA 01970

Call (603) 554-2833
1 BED

$1,550+

2 BEDS

$1,700+

Plus Fees

Salem Heights

12 Pope St, Salem, MA 01970

Call (351) 666-6198
STUDIO, 1 BATH

$1,550

Total Monthly Price Total Monthly Price New
Base Rent$1,550
Required Monthly FeesNone
Total Monthly Price$1,550

49 Fulton St Unit 1R

49 Fulton St, Peabody, MA 01960
Good Value

STUDIO

$1,700+

1 BED

$1,975+

2 BEDS

$2,400+

Plus Fees

Salem Highlands

84 Highland Ave, Salem, MA 01970

Call (978) 861-1304
STUDIO, 1 BATH

$1,700

11 River Dr Unit B

11 River Dr, Danvers, MA 01923

Call (617) 208-2121
STUDIO, 1 BATH

$1,700

3 River Dr Unit B

3 River Dr, Danvers, MA 01923

Call (617) 208-2121
STUDIO, 1 BATH

$1,700

Total Monthly Price Total Monthly Price New
Base Rent$1,700
Required Monthly FeesNone
Total Monthly Price$1,700
- 12 Month Lease

4 Mill St Unit 5

4 Mill St, Peabody, MA 01960
STUDIO, 1 BATH

$1,700

Total Monthly Price Total Monthly Price New
Base Rent$1,700
Required Monthly FeesNone
Total Monthly Price$1,700
- 12 Month Lease

4 Mill St Unit 9

4 Mill St, Peabody, MA 01960
Rent Special

Rent Special

STUDIO

$1,700+

1 BED

$1,975+

2 BEDS

$2,250+

Plus Fees - 12 Month Lease

River Drive Apartments

3-17 River Dr, Danvers, MA 01923
1 BED, 1 BATH

$1,750

Total Monthly Price Total Monthly Price New
Base Rent$1,750
Required Monthly FeesNone
Total Monthly Price$1,750

126 Lowell St Unit R

126 Lowell St, Peabody, MA 01960
Call for Rent

122 Boston

122 Boston St, Salem, MA 01970
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
2 BEDS, 1 BATH

$2,000

Total Monthly Price Total Monthly Price New
Base Rent$2,000
Required Monthly FeesNone
Total Monthly Price$2,000

15 Lynde St Unit 12.5

15 Lynde St, Salem, MA 01970
1 BED

$2,150+

2 BEDS

$2,520+

Plus Fees

Princeton Crossing

12 Heritage Dr, Salem, MA 01970

Call (339) 666-1170
1 BED, 1 BATH

$2,150

117 North St Unit 3

117 North St, Salem, MA 01970

Call (978) 269-7185
1 BED, 1 BATH

$2,150

Total Monthly Price Total Monthly Price New
Base Rent$2,150
Required Monthly FeesNone
Total Monthly Price$2,150

83 Holten St Unit #3

83 Holten St, Danvers, MA 01923
$295 Off

Price Drop. $295 Off

1 BED

$2,213+

2 BEDS

$2,523+

Total Monthly Price Total Monthly Price New
Base Rent$2,155 - $2,575
Required Monthly Fees$58
Total Monthly Price$2,213 - $2,633

eaves Peabody

51 Keys Dr, Peabody, MA 01960

Call (978) 643-9902
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

13 Lowe St Unit 2

13 Lowe St, Peabody, MA 01960

Apply
2 BEDS, 1 BATH

$2,200

Total Monthly Price Total Monthly Price New
Base Rent$2,200 - $2,400
Required Monthly FeesNone
Total Monthly Price$2,200 - $2,400
- 12 Month Lease

155 Boston St

155 Boston St, Salem, MA 01970

Apply
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
Good Value

1 BED

$2,225+

2 BEDS

$2,525+

3 BEDS

$2,675+

Plus Fees - 12 Month Lease

Terrace Estates Apartments

143 Shore Dr, Peabody, MA 01960

Call (978) 861-1905
2 BEDS, 1 BATH

$2,250

4 River Dr Unit Apt B

4 River Dr, Danvers, MA 01923

Call (617) 208-2121
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

Call (978) 543-1623
Rent Special

Rent Special

1 BED

$2,296+

2 BEDS

$2,698+

3 BEDS

$3,885+

Total Monthly Price Total Monthly Price New
Base Rent$2,286 - $4,132
Required Monthly Fees$10 - $15
Total Monthly Price$2,296 - $4,147

14 North

1000 Crane Brook Way, Peabody, MA 01960

Call (781) 808-2062
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

36 Barstow St Unit 2

36 Barstow St, Salem, MA 01970
Call for Rent

Gardner Commons

22 Pulaski St, Peabody, MA 01960
Exceptional Value

1 BED

$2,350+

2 BEDS

$2,450+

3 BEDS

$3,350+

Plus Fees - 12 Month Lease

Ezio‘s Place

2 Hotel Ave, Peabody, MA 01960

Call (978) 969-9780
2 BEDS, 1 BATH

$2,350

Total Monthly Price Total Monthly Price New
Base Rent$2,350
Required Monthly FeesNone
Total Monthly Price$2,350
- 12 Month Lease

6 Berry St Unit 1

6 Berry St, Peabody, MA 01960
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

420 Essex St Unit 3

420 Essex St, Salem, MA 01970
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

5R Buffum St Unit Rear

5R Buffum St, Salem, MA 01970
2 BEDS, 2 BATHS

$2,400

Total Monthly Price Total Monthly Price New
Base Rent$2,400
Required Monthly FeesNone
Total Monthly Price$2,400

406 Broadway Unit 301

406 Broadway, Lynn, MA 01904
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

122 Foster St Unit 2

122 Foster St, Peabody, MA 01960
Rent Special

Rent Special

1 BED

$2,445+

2 BEDS

$2,935+

Total Monthly Price Total Monthly Price New
Base Rent$2,445 - $3,670
Utilities & EssentialsVaries
Total Monthly Price$2,445 - $3,670

Jayden Apartments

7 Dearborn Rd, Peabody, MA 01960

Call (978) 818-1902
Good Value

|

1 BED

$2,449+

2 BEDS

$2,849+

Total Monthly Price Total Monthly Price New
Base Rent$2,449 - $2,924
Utilities & EssentialsVaries
Total Monthly Price$2,449 - $2,924

Hawthorne Commons

205 Highland Ave, Salem, MA 01970

Call (351) 666-6013
2 BEDS, 1 BATH

$2,450

Total Monthly Price Total Monthly Price New
Base Rent$2,450
Required Monthly FeesNone
Total Monthly Price$2,450
- 12 Month Lease

74 Aborn St Unit 3

74 Aborn St, Peabody, MA 01960
Good Value

STUDIO

$2,453+

1 BED

$2,575+

2 BEDS

$3,225+

3 BEDS

$4,300+

Total Monthly Price Total Monthly Price New
Base Rent$2,453 - $4,300
Utilities & EssentialsVaries
Total Monthly Price$2,453 - $4,300
- 13 Month Lease

Alexan Peabody

128 Newbury St, Peabody, MA 01960

Call (978) 788-2257
Good Value

1 BED

$2,460+

2 BEDS

$2,820+

3 BEDS

$3,740+

Total Monthly Price Total Monthly Price New
Base Rent$2,460 - $3,845
Required Monthly FeesNone
Total Monthly Price$2,460 - $3,845

Highlands at Dearborn Apartments

19 Magnolia Way, Peabody, MA 01960

Call (781) 808-3637
|

1 BED

$2,467+

2 BEDS

$2,880+

Total Monthly Price Total Monthly Price New
Base Rent$2,467 - $3,973
Required Monthly FeesNone
Total Monthly Price$2,467 - $3,973

Essex Apartment Homes

One Avalon Dr, Peabody, MA 01960

Call (781) 776-7783
2 BEDS, 1 BATH

$2,500

28 1/2 Grove St Unit 3

28 1/2 Grove St, Salem, MA 01970

Call (978) 915-3478
2 BEDS, 1 BATH

$2,500

24 Tracey St Unit 2

24 Tracey St, Peabody, MA 01960

Call (617) 842-2088
2 BEDS, 1 BATH

$2,500

Total Monthly Price Total Monthly Price New
Base Rent$2,500
Required Monthly FeesNone
Total Monthly Price$2,500
- 12 Month Lease

36 Beaver St Unit Beaver St

36 Beaver St, Salem, MA 01970

Apply

Showing 42 of 92 results, Page 1 of 3

Peabody at a Glance

Average Rent

$2,230

(All bedrooms and property types)

Learn more about

Average Rent in Peabody

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

Apartment Type Average Sq Ft Average Rent
Studio 467 Sq Ft $1,527 / mo
1 Bedroom 737 Sq Ft $2,230 / mo
2 Bedrooms 1,016 Sq Ft $2,867 / mo
3 Bedrooms 1,236 Sq Ft $3,468 / mo
4 Bedrooms 2,658 Sq Ft $3,094 / mo

Top Budget-Friendly Neighborhoods in Peabody

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Central Peabody 771 Sq Ft $2,420/mo
West Peabody 804 Sq Ft $2,617/mo
South Peabody 791 Sq Ft $2,686/mo
Huntington Woods Condominiums 751 Sq Ft $2,722/mo

Education

College/University High School Middle School Elementary School

North Shore C.C., Danvers Danvers

Public University

Salem State University

Public University

North Shore C.C., Lynn Campus Lynn Campus

Public University

Endicott College

Private University

Gordon College, Wenham

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

Captain Samuel Brown Elementary School

Public Elementary School

Public

Grades K-5

375 Students

Apartments for Rent Near Peabody

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Cheap Apartments for Rent in Peabody, MA

Peabody at a Glance

Average Rent

School Rating

Peabody, MA Apartments for Rent

Renting in Peabody

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Peabody

Education

Apartments for Rent Near Peabody

Specialty Housing

Choose by Amenities

Peabody Apartments for Rent in Your Budget

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