What are the average rent costs in Peabody, MA?

The average rent in Peabody, MA is $2,194.

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

The average rent for a studio apartment in Peabody, MA is $1,830.

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 $2,194.

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 $2,824.

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 $3,423.

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 $2,683.

Apartments for Rent in Peabody, MA with Parking

298 Rentals

Rent Special

Rent Special

1 BED

$2,480+

2 BEDS

$3,010+

Total Monthly Price Total Monthly Price New
Base Rent$2,480 - $5,405
Required Monthly FeesNone
Total Monthly Price$2,480 - $5,405

Jayden Apartments

7 Dearborn Rd, Peabody, MA 01960

Call (978) 818-1902
Good Value

1 BED

$2,155+

2 BEDS

$2,785+

3 BEDS

$3,955+

Total Monthly Price Total Monthly Price New
Base Rent$2,155 - $5,245
Required Monthly FeesNone
Total Monthly Price$2,155 - $5,245

Highlands at Dearborn Apartments

19 Magnolia Way, Peabody, MA 01960

Call (781) 808-3637
Good Value

|

1 BED

$2,525+

2 BEDS

$2,910+

3 BEDS

$3,955+

Total Monthly Price Total Monthly Price New
Base Rent$2,525 - $4,230
Utilities & EssentialsVaries
Total Monthly Price$2,525 - $4,230

Alexan Peabody

128 Newbury St, Peabody, MA 01960

Call (978) 788-2257
Exceptional Value

1 BED

$2,300+

2 BEDS

$2,500+

Plus Fees - 12 Month Lease

Ezio‘s Place

2 Hotel Ave, Peabody, MA 01960

Call (978) 969-9780
1 Month Free

1 Month Free

|

1 BED

$2,193+

2 BEDS

$2,699+

Total Monthly Price Total Monthly Price New
Base Rent$2,193 - $8,981
Utilities & EssentialsVaries
Total Monthly Price$2,193 - $8,981

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

$2,391+

2 BEDS

$2,620+

Total Monthly Price Total Monthly Price New
Base Rent$2,391 - $3,305
Required Monthly FeesNone
Total Monthly Price$2,391 - $3,305

Lynnfield Commons

375 Broadway, Lynnfield, MA 01940

Call (978) 315-6256
1 BED

$2,241+

2 BEDS

$3,540+

Total Monthly Price Total Monthly Price New
Base Rent$2,241 - $3,885
Utilities & EssentialsVaries
Total Monthly Price$2,241 - $3,885
- 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
3 BEDS, 2.5 BATHS

$3,300

Total Monthly Price Total Monthly Price New
Base Rent$3,300
Required Monthly FeesNone
Total Monthly Price$3,300
- 12 Month Lease

86 Central St

86 Central St, Peabody, MA 01960

Apply
2 BEDS, 2 BATHS

$2,650

Total Monthly Price Total Monthly Price New
Base Rent$2,650
Required Monthly FeesNone
Total Monthly Price$2,650
- 12 Month Lease

84 Aborn St Unit 1304

84 Aborn St, Peabody, MA 01960

Call (978) 896-0863
1 BED

$2,200+

2 BEDS

$2,295+

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

$3,695

Total Monthly Price Total Monthly Price New
Base Rent$3,100
Required Monthly Fees$595
Total Monthly Price$3,695

51 Keys Dr Unit FL2-ID2786A

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

$3,326

Total Monthly Price Total Monthly Price New
Base Rent$2,810
Required Monthly Fees$515
Total Monthly Price$3,325

51 Keys Dr Unit FL1-ID2409A

51 Keys Dr, Peabody, MA 01960

Call (720) 833-5333
2 BEDS, 1 BATH

$3,622

Total Monthly Price Total Monthly Price New
Base Rent$3,030
Required Monthly Fees$591
Total Monthly Price$3,621

51 Keys Dr Unit FL2-ID5784A

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

$3,643

Total Monthly Price Total Monthly Price New
Base Rent$3,050
Required Monthly Fees$592
Total Monthly Price$3,642

51 Keys Dr Unit FL3-ID2244A

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

$3,588

Total Monthly Price Total Monthly Price New
Base Rent$3,060
Required Monthly Fees$528
Total Monthly Price$3,588

51 Keys Dr Unit FL1-ID2968A

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

$3,504

Total Monthly Price Total Monthly Price New
Base Rent$2,980
Required Monthly Fees$524
Total Monthly Price$3,504

51 Keys Dr Unit FL3-ID5769A

51 Keys Dr, Peabody, MA 01960

Call (720) 833-5333
4 BEDS, 1.5 BATHS

$3,200

Total Monthly Price Total Monthly Price New
Base Rent$3,200
Required Monthly FeesNone
Total Monthly Price$3,200
- 12 Month Lease

8 Randall St Unit 2

8 Randall St, Salem, MA 01970

Apply
3 BEDS, 1 BATH

$3,400

Total Monthly Price Total Monthly Price New
Base Rent$3,400
Required Monthly FeesNone
Total Monthly Price$3,400
- 12 Month Lease

154 Jenness St Unit 2

154 Jenness St, Lynn, MA 01904

Apply
3 BEDS, 1 BATH

$2,850

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

82 Flint St Unit 2

82 Flint St, Salem, MA 01970

Apply
3 BEDS, 1 BATH

$3,000

Total Monthly Price Total Monthly Price New
Base Rent$3,000
Required Monthly FeesNone
Total Monthly Price$3,000
- 12 Month Lease

73 School St Unit 2

73 School St, Salem, MA 01970

Apply
1 BED, 1.5 BATHS

$2,800

Total Monthly Price Total Monthly Price New
Base Rent$2,800
Required Monthly FeesNone
Total Monthly Price$2,800
- 3 Month Lease

50-1 Barr St

50-1 Barr 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

230 Broadway Unit #2

230 Broadway, Lynn, MA 01904
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
- 12 Month Lease

35 Walter St Unit 2

35 Walter St, Salem, MA 01970
2 BEDS, 1 BATH

$2,800

Total Monthly Price Total Monthly Price New
Base Rent$2,800
Required Monthly FeesNone
Total Monthly Price$2,800
- 12 Month Lease

19 Cushing St Unit 1

19 Cushing St, Salem, MA 01970
1 BED

$1,750

Plus Fees

Perry Street Apartments

11 Perry Dr, Danvers, MA 01923
STUDIO

$1,875

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

$2,194

(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 $1,830 / mo
1 Bedroom 737 Sq Ft $2,194 / mo
2 Bedrooms 1,015 Sq Ft $2,824 / mo
3 Bedrooms 1,236 Sq Ft $3,423 / mo
4 Bedrooms 2,658 Sq Ft $2,683 / mo

Top Budget-Friendly Neighborhoods in Peabody

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Central Peabody 751 Sq Ft $2,385/mo
South Peabody 773 Sq Ft $2,403/mo
West Peabody 787 Sq Ft $2,539/mo
Huntington Woods Condominiums 777 Sq Ft $2,770/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

Captain Samuel Brown Elementary School

Public Elementary School

Public

Grades K-5

376 Students

GreatSchools Rating

Thomas Carroll Elementary School

Public Elementary School

Public

Grades K-5

586 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

Choose by Amenities

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