What are the average rent costs in Peabody, MA?

The average rent in Peabody, MA is $2,193.

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

The average rent for a studio apartment in Peabody, MA is $1,829.

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 $2,193.

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 $2,746.

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 $3,393.

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 $2,680.

Apartments for Rent in Peabody, MA with Parking

311 Rentals

$390 Off

Price Drop. $390 Off

1 BED

$2,475+

2 BEDS

$2,650+

Total Monthly Price Total Monthly Price New
Base Rent$2,475 - $3,985
Required Monthly FeesNone
Total Monthly Price$2,475 - $3,985

Jayden Apartments

7 Dearborn Rd, Peabody, MA 01960

Call (978) 818-1902
Discounts

Discounts

1 BED

$2,450+

2 BEDS

$2,695+

3 BEDS

$3,495+

Total Monthly Price Total Monthly Price New
Base Rent$2,450 - $4,245
Required Monthly FeesNone
Total Monthly Price$2,450 - $4,245

Highlands at Dearborn Apartments

19 Magnolia Way, Peabody, MA 01960

Call (781) 808-3637
1 Month Free

1 Month Free

|

STUDIO

$2,263+

1 BED

$2,525+

2 BEDS

$3,218+

3 BEDS

$3,955+

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
2 BEDS

$3,600

Plus Fees - 12 Month Lease

Ezio‘s Place

2 Hotel Ave, Peabody, MA 01960

Call (978) 969-9780
|

1 BED

$2,308+

2 BEDS

$2,724+

Total Monthly Price Total Monthly Price New
Base Rent$2,308 - $6,002
Utilities & EssentialsVaries
Total Monthly Price$2,308 - $6,002

Hawthorne Commons

205 Highland Ave, Salem, MA 01970

Call (351) 666-6013
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
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
1 BED

$2,358+

2 BEDS

$2,686+

Total Monthly Price Total Monthly Price New
Base Rent$2,358 - $2,998
Required Monthly FeesNone
Total Monthly Price$2,358 - $2,998

Lynnfield Commons

375 Broadway, Lynnfield, MA 01940

Call (978) 315-6256
1 BED

$2,241+

2 BEDS

$2,498+

3 BEDS

$4,705+

Total Monthly Price Total Monthly Price New
Base Rent$2,241 - $4,705
Utilities & EssentialsVaries
Total Monthly Price$2,241 - $4,705
- 12 Month Lease

Halstead Salem Station

72 Flint St, Salem, MA 01970

Call (351) 999-8695
3 BEDS

$3,750

Total Monthly Price Total Monthly Price New
Base Rent$3,750 - $3,950
Required Monthly FeesNone
Total Monthly Price$3,750 - $3,950
- 12 Month Lease

23 Prince Street Apartments

23 Prince St, Danvers, MA 01923

Call (978) 705-5062
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
2 BEDS

$2,975

Plus Fees

River Properties

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

$1,900+

2 BEDS

$2,425+

Plus Fees - 12 Month Lease

Terrace Gardens

2 Esquire Dr, Peabody, MA 01960
STUDIO

$1,610+

1 BED

$1,725+

2 BEDS

$2,070+

Plus Fees - 12 Month Lease

The Residences at St. James

160 Federal St, Salem, MA 01970
2 BEDS, 1 BATH

$2,780

51 Keys Dr Unit FL3-ID2244A

51 Keys Dr, Peabody, MA 01960
2 BEDS, 1 BATH

$2,830

51 Keys Dr Unit FL3-ID2324A

51 Keys Dr, Peabody, MA 01960
1 BED, 1 BATH

$2,480

51 Keys Dr Unit FL1-ID5351A

51 Keys Dr, Peabody, MA 01960
1 BED, 1 BATH

$2,520

51 Keys Dr Unit FL1-ID5470A

51 Keys Dr, Peabody, MA 01960
2 BEDS, 1 BATH

$2,820

51 Keys Dr Unit FL3-ID2120A

51 Keys Dr, Peabody, MA 01960
1 BED, 1 BATH

$1,599

37 Osborne Hill Dr

37 Osborne Hill Dr, Salem, MA 01970

Call (603) 554-2833
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

15 Bourbon St Unit 69 Gregorio

15 Bourbon St, Peabody, MA 01960

Apply
1 BED, 1 BATH

$1,950

Total Monthly Price Total Monthly Price New
Base Rent$1,950
Required Monthly FeesNone
Total Monthly Price$1,950
- 12 Month Lease

16 Washington St Unit 2

16 Washington St, Peabody, MA 01960

Apply
4 BEDS, 1.5 BATHS

$3,375

Total Monthly Price Total Monthly Price New
Base Rent$3,375
Required Monthly FeesNone
Total Monthly Price$3,375
- 12 Month Lease

8 Randall St Unit 2

8 Randall St, Salem, MA 01970

Apply
1 BED, 1 BATH

$1,650

Total Monthly Price Total Monthly Price New
Base Rent$1,650
Required Monthly FeesNone
Total Monthly Price$1,650
- 12 Month Lease

905 Main St

905 Main St, Lynnfield, MA 01940

Apply
2 BEDS, 1 BATH

$2,500+

3 BEDS, 1 BATH

$2,850+

Total Monthly Price Total Monthly Price New
Base Rent$2,500 - $2,850
Required Monthly FeesNone
Total Monthly Price$2,500 - $2,850
- 12 Month Lease

19 Nichols St

19 Nichols St, Salem, MA 01970

Apply
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
- 1 Month Lease

24 Proctor St Unit 24 Proctor St.

24 Proctor St, Peabody, MA 01960
2 BEDS, 1.5 BATHS

$3,295

Total Monthly Price Total Monthly Price New
Base Rent$3,295
Required Monthly FeesNone
Total Monthly Price$3,295

11 Goodhue St

11 Goodhue St, Salem, MA 01970
1 BED

$1,750

Plus Fees

Perry Street Apartments

11 Perry Dr, Danvers, MA 01923
STUDIO

$1,875+

2 BEDS

$2,050+

Plus Fees - 12 Month Lease

River Drive Apartments

3-17 River Dr, Danvers, MA 01923

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Peabody at a Glance

Average Rent

$2,193

(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

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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 $1,829 / mo
1 Bedroom 737 Sq Ft $2,193 / mo
2 Bedrooms 1,015 Sq Ft $2,746 / mo
3 Bedrooms 1,236 Sq Ft $3,393 / mo
4 Bedrooms 2,658 Sq Ft $2,680 / mo

Top Budget-Friendly Neighborhoods in Peabody

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Central Peabody 744 Sq Ft $2,343/mo
South Peabody 861 Sq Ft $2,517/mo
West Peabody 805 Sq Ft $2,644/mo
Huntington Woods Condominiums 779 Sq Ft $2,785/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 Near Peabody

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Apartments for Rent in Peabody, MA with Parking

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

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