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  1. Building Photo - Jayden Apartments
    Good Value
    1 BED
    $2,240+
    2 BEDS
    $2,816+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,240 - $3,960
    Required Monthly FeesNone
    Total Monthly Price$2,240 - $3,960

    Jayden Apartments

    7 Dearborn Rd, Peabody, MA 01960
    Call
  2. Building Photo - 14 North
    $338 Off
    Price Drop. $338 Off
    1 BED
    $2,350+
    2 BEDS
    $2,807+
    3 BEDS
    $3,656+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,340 - $3,679
    Required Monthly Fees$10
    Total Monthly Price$2,350 - $3,689

    14 North

    1000 Crane Brook Way, Peabody, MA 01960
    Call
  3. $750 Off
    Price Drop. $750 Off
    1 BED
    $2,230+
    2 BEDS
    $2,620+
    3 BEDS
    $3,245+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,230 - $4,720
    Required Monthly FeesNone
    Total Monthly Price$2,230 - $4,720

    Highlands at Dearborn Apartments

    19 Magnolia Way, Peabody, MA 01960
    Call
  5. $475 Off
    Price Drop. $475 Off
    |
    STUDIO
    $2,263+
    1 BED
    $2,475+
    2 BEDS
    $2,955+
    3 BEDS
    $3,755+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,263 - $4,230
    Utilities & EssentialsVaries
    Total Monthly Price$2,263 - $4,230

    Alexan Peabody

    128 Newbury St, Peabody, MA 01960
    Call
  7. Discounts
    Discounts
    |
    1 BED
    $2,375+
    2 BEDS
    $2,755+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,375 - $7,482
    Utilities & EssentialsVaries
    Total Monthly Price$2,375 - $7,482

    Hawthorne Commons

    205 Highland Ave, Salem, MA 01970
    Call
  9. Building Photo - Traders Row
    1 BED
    $2,361+
    2 BEDS
    $2,860+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,361 - $3,475
    Utilities & EssentialsVaries
    Total Monthly Price$2,361 - $3,475
         - 12 Month Lease

    Traders Row

    45 Traders Way, Salem, MA 01970
    Call
  10. 1 BED
    $2,316+
    2 BEDS
    $2,610+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,259 - $3,065
    Required Monthly Fees$57
    Total Monthly Price$2,316 - $3,122

    eaves Peabody

    51 Keys Dr, Peabody, MA 01960
    Call
  13. Building Photo - 23 Prince Street Apartments
    3 BEDS
    $3,450
    Total Monthly Price Total Monthly Price New
    Base Rent$3,450 - $3,900
    Required Monthly FeesNone
    Total Monthly Price$3,450 - $3,900
         - 12 Month Lease

    23 Prince Street Apartments

    23 Prince St, Danvers, MA 01923
    Call
  14. 1 BED
    $2,770+
    2 BEDS
    $3,075+
    3 BEDS
    $4,795+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,770 - $4,795
    Utilities & EssentialsVaries
    Total Monthly Price$2,770 - $4,795
         - 12 Month Lease

    Halstead Salem Station

    72 Flint St, Salem, MA 01970
    Call
  18. Building Photo - River Properties
    2 BEDS
    $2,800
    Plus Fees - 12 Month Lease

    River Properties

    70-92 Boston St, Salem, MA 01970
  19. Building Photo - Terrace Gardens
    1 BED
    $1,900+
    2 BEDS
    $2,425+
    Plus Fees - 12 Month Lease

    Terrace Gardens

    2 Esquire Dr, Peabody, MA 01960
  20. 1 BED
    $2,558+
    2 BEDS
    $2,779+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,558 - $3,092
    Required Monthly FeesNone
    Total Monthly Price$2,558 - $3,092

    Lynnfield Commons

    375 Broadway, Lynnfield, MA 01940
  42. Building Photo - 33 Sunset Dr
    1 BED, 2 BATHS
    $1,100
    Total Monthly Price Total Monthly Price New
    Base Rent$1,100
    Required Monthly FeesNone
    Total Monthly Price$1,100
         - 12 Month Lease

    33 Sunset Dr

    33 Sunset Dr, Peabody, MA 01960
    Apply
Showing 42 of 75 results, Page 1 of 2

Peabody at a Glance

Average Rent

$2,182
(All bedrooms and property types)
Learn more about
Average Rent in Peabody
5

School Rating

out of 10 Rating
Learn more about
Schools in Peabody
1

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Peabody
42

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation 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)

Getting Around Peabody

Transportation

62

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
42

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
1

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

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

Public High School

Public
Grades 9-12
1,476 Students
GreatSchools Rating
J Henry Higgins Middle

Public Middle School

Public
Grades 6-8
1,346 Students
GreatSchools Rating
Center Elementary School

Public Elementary School

Public
Grades K-5
446 Students
GreatSchools Rating
John E. Burke Elementary School

Public Elementary School

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

Public Elementary School

Public
Grades K-5
376 Students

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

Apartments for Rent Near Peabody

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Peabody Apartments for Rent in Your Budget

Frequently asked questions about renting in Peabody, MA

What are the average rent costs in Peabody, MA?

The average rent in Peabody, MA is $2,182.

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

The average rent for a studio apartment in Peabody, MA is $1,826.

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 $2,182.

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 $2,801.

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 $3,316.

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 $2,677.

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