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  1. Building Photo - 40R Highland Ave
    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
  2. 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
  3. Building Photo - River Drive Apartments
    2 Months Free
    2 BEDS
    $2,250
    Plus Fees - 12 Month Lease

    River Drive Apartments

    3-17 River Dr, Danvers, MA 01923
  4. Building Photo - 126 Lowell St
    1 BED, 1 BATH
    $1,850
    Total Monthly Price Total Monthly Price New
    Base Rent$1,850
    Required Monthly FeesNone
    Total Monthly Price$1,850

    126 Lowell St Unit F

    126 Lowell St, Peabody, MA 01960
  5. Building Photo - 6 School St
    1 BED, 1 BATH
    $1,850
    Total Monthly Price Total Monthly Price New
    Base Rent$1,850
    Required Monthly FeesNone
    Total Monthly Price$1,850

    6 School St Unit Apt. #6 Bottom

    6 School St, Salem, MA 01970
  6. Building Photo - Grove Street Landing
    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
  7. Building Photo - Terrace Gardens
    Rent Special
    1 BED
    $1,925+
    2 BEDS
    $2,450+
    Plus Fees - 12 Month Lease

    Terrace Gardens

    2 Esquire Dr, Peabody, MA 01960
  8. Building Photo - 72 Lowell St
    2 BEDS, 1 BATH
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950

    72 Lowell St

    72 Lowell St, Peabody, MA 01960
  9. Building Photo - 2 Ledgewood Way
    2 BEDS, 2 BATHS
    $1,990
    Total Monthly Price Total Monthly Price New
    Base Rent$1,990
    Required Monthly FeesNone
    Total Monthly Price$1,990

    2 Ledgewood Way

    2 Ledgewood Way, Peabody, MA 01960
  10. Building Photo - 10 Beaver St
    2 BEDS, 1 BATH
    $2,100
    Total Monthly Price Total Monthly Price New
    Base Rent$2,100
    Required Monthly FeesNone
    Total Monthly Price$2,100

    10 Beaver St Unit 3

    10 Beaver St, Salem, MA 01970
  11. 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
  12. Building Photo - 35 Collins St
    2 BEDS, 2 BATHS
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200
    - 12 Month Lease

    35 Collins St Unit 92

    35 Collins St, Danvers, MA 01923
  13. Building Photo - 6 Gallows Hill Rd
    1 BED, 1 BATH
    $2,200
    Total Monthly Price Total Monthly Price New
    Base Rent$2,200
    Required Monthly FeesNone
    Total Monthly Price$2,200

    6 Gallows Hill Rd Unit 2

    6 Gallows Hill Rd, Salem, MA 01970
  14. 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
  15. 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
  16. 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
  17. Building Photo - 74 Aborn 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

    74 Aborn St Unit 3

    74 Aborn St, Peabody, MA 01960
  18. Building Photo - 6 Berry 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

    6 Berry St Unit 1

    6 Berry St, Peabody, MA 01960
  19. Building Photo - 36 Barstow 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

    36 Barstow St Unit 1

    36 Barstow St, Salem, MA 01970
  20. Building Photo - 149 North St
    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

    149 North St Unit 1

    149 North St, Salem, MA 01970
  21. 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
  22. Building Photo - 10 Ethel Ave
    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

    10 Ethel Ave

    10 Ethel Ave, Peabody, MA 01960
  23. Building Photo - 122 Foster St
    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 2nd Floor

    122 Foster St, Peabody, MA 01960
  24. Good Value
    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
  25. 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
  26. Building Photo - 144 Washington St
    2 BEDS, 2 BATHS
    $2,450
    Total Monthly Price Total Monthly Price New
    Base Rent$2,450
    Required Monthly FeesNone
    Total Monthly Price$2,450

    144 Washington St Unit 3

    144 Washington St, Peabody, MA 01960
  27. Building Photo - 144 Washington St
    2 BEDS, 2 BATHS
    $2,450
    Total Monthly Price Total Monthly Price New
    Base Rent$2,450
    Required Monthly FeesNone
    Total Monthly Price$2,450

    144 Washington St Unit 7

    144 Washington St, Peabody, MA 01960
  28. Building Photo - 28 Beckett St
    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

    28 Beckett St Unit 3

    28 Beckett St, Peabody, MA 01960
  29. 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
  30. 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
  31. Building Photo - 411 Broadway
    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

    411 Broadway Unit 2

    411 Broadway, Lynn, MA 01904
Showing 42 of 90 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)

Education

Public University
Private University
Private University
GreatSchools Rating

Public High School

Public
Grades 9-12
1,234 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,234 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
1,271 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
295 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
375 Students

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

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