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.

Apartments with a Gym in Peabody, MA

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 (978) 818-1902
1 BED

$2,399+

2 BEDS

$2,995+

Plus Fees

Essex Apartment Homes

One Avalon Dr, Peabody, MA 01960

Call (781) 776-7783
$750 Off

Price Drop. $750 Off

1 BED

$2,215+

2 BEDS

$2,625+

3 BEDS

$3,245+

Total Monthly Price Total Monthly Price New
Base Rent$2,215 - $4,570
Required Monthly FeesNone
Total Monthly Price$2,215 - $4,570

Highlands at Dearborn Apartments

19 Magnolia Way, Peabody, MA 01960

Call (781) 808-3637
$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 (781) 808-2062
$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 (978) 788-2257
1 BED

$2,050+

2 BEDS

$2,400+

Plus Fees - 12 Month Lease

Ezio‘s Place

2 Hotel Ave, Peabody, MA 01960

Call (978) 969-9780
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 (351) 666-6013
1 BED

$2,049+

2 BEDS

$2,449+

Plus Fees

Princeton Crossing

12 Heritage Dr, Salem, MA 01970

Call (339) 666-1170
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 (978) 543-1623
1 BED

$2,200+

2 BEDS

$2,595+

3 BEDS

$2,650+

Plus Fees - 12 Month Lease

Terrace Estates Apartments

143 Shore Dr, Peabody, MA 01960

Call (978) 861-1905
2 BEDS

$2,800

Plus Fees - 12 Month Lease

River Properties

70-92 Boston St, Salem, MA 01970
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
1 BED

$2,550

Plus Fees - 12 Month Lease

Grove Street Landing

64 Grove St, Salem, MA 01970

Can't find what you are looking for?

Clear All Filters

Peabody at a Glance

Average Rent

$2,182

(All bedrooms and property types)

Learn more about

Average Rent in Peabody

School Rating

out of 10 Rating

Learn more about

Schools in Peabody

Some Transit

out of 100 TransitScore^® Rating

Learn more about

Transportation in Peabody

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

Apartment Type Average Sq Ft Average Rent
Studio 512 Sq Ft $1,826 / mo
1 Bedroom 737 Sq Ft $2,182 / mo
2 Bedrooms 1,015 Sq Ft $2,801 / mo
3 Bedrooms 1,236 Sq Ft $3,316 / mo
4 Bedrooms 2,658 Sq Ft $2,677 / mo

Top Budget-Friendly Neighborhoods in Peabody

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
South Peabody 847 Sq Ft $2,397/mo
Central Peabody 764 Sq Ft $2,461/mo
West Peabody 801 Sq Ft $2,526/mo
Huntington Woods Condominiums 764 Sq Ft $2,746/mo

Getting Around Peabody

Transportation

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.

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.

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

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

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

Apartments for Rent in Peabody, MA with Gym/Fitness Center

Can't find what you are looking for?

Peabody at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Peabody, MA Apartments for Rent

Renting in Peabody

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Peabody

Getting Around Peabody

Transportation

Somewhat Walkable

Somewhat Bikeable

Minimal Transit

Education

Apartments for Rent Near Peabody

Specialty Housing

Choose by Amenities

Thank You

About Our Deals

Price Drop

Best Value

Rent Specials