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  1. 1 BED
    $2,861+
    2 BEDS
    $2,901+
    3 BEDS
    $3,697+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,851 - $3,957
    Required Monthly Fees$10 - $15
    Total Monthly Price$2,861 - $3,972

    14 North

    1000 Crane Brook Way, Peabody, MA 01960
    (781) 808-2062
  2. 1 BED
    $2,530+
    2 BEDS
    $2,927+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,530 - $4,847
    Required Monthly FeesNone
    Total Monthly Price$2,530 - $4,847

    Essex Apartment Homes

    One Avalon Dr, Peabody, MA 01960
    (781) 776-7783
  3. 1 BED
    $2,485+
    2 BEDS
    $2,800+
    3 BEDS
    $3,785+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,485 - $5,155
    Required Monthly FeesNone
    Total Monthly Price$2,485 - $3,965

    Highlands at Dearborn Apartments

    19 Magnolia Way, Peabody, MA 01960
    (781) 808-3637
  4. 1 Month Free
    |
    1 BED
    $2,745+
    2 BEDS
    $3,330+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,745 - $3,933
    Utilities & EssentialsVaries
    Total Monthly Price$2,745 - $3,933
    - 13 Month Lease

    Alexan Peabody

    128 Newbury St, Peabody, MA 01960
    (978) 788-2257
  5. Good Value
    1 BED
    $2,444+
    2 BEDS
    $2,996+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,444 - $4,280
    Required Monthly FeesNone
    Total Monthly Price$2,444 - $3,626

    Jayden Apartments

    7 Dearborn Rd, Peabody, MA 01960
    (978) 818-1902
  6. Discounts
    |
    1 BED
    $2,418+
    2 BEDS
    $2,734+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,418 - $10,869
    Utilities & EssentialsVaries
    Total Monthly Price$2,418 - $2,784

    Hawthorne Commons

    205 Highland Ave, Salem, MA 01970
    (351) 666-6013
  7. Exceptional Value
    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
    (978) 543-1623
  8. Rent Special
    1 BED
    $2,323+
    2 BEDS
    $2,688+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,265 - $2,810
    Required Monthly Fees$58
    Total Monthly Price$2,323 - $2,828

    eaves Peabody

    51 Keys Dr, Peabody, MA 01960
    (978) 643-9902
  9. Good Value
    1 BED
    $2,391+
    2 BEDS
    $3,505+
    3 BEDS
    $4,900+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,391 - $4,900
    Utilities & EssentialsVaries
    Total Monthly Price$2,391 - $4,900
    - 12 Month Lease

    Halstead Salem Station

    72 Flint St, Salem, MA 01970
    (351) 999-8695
  10. Building Photo - Lynnfield Commons
    Rent Special
    1 BED
    $2,446+
    2 BEDS
    $3,077+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,446 - $3,193
    Required Monthly FeesNone
    Total Monthly Price$2,446 - $3,137

    Lynnfield Commons

    375 Broadway, Lynnfield, MA 01940
    (978) 315-6256
  11. 3 BEDS
    $3,950
    Total Monthly Price Total Monthly Price New
    Base Rent$3,750 - $3,950
    Required Monthly FeesNone
    Total Monthly Price$3,950
    - 12 Month Lease

    23 Prince Street Apartments

    23 Prince St, Danvers, MA 01923
    (978) 705-5062
  12. Building Photo - River Properties
    1 BED
    $2,495+
    2 BEDS
    $2,800+
    Plus Fees

    River Properties

    70-92 Boston St, Salem, MA 01970
  13. 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
  14. Price Drop. $453 Off
    1 BED
    $2,550+
    2 BEDS
    $2,972+
    Plus Fees - 12 Month Lease

    Grove Street Landing

    64 Grove St, Salem, MA 01970
  15. Building Photo - 148 Washington St
    2 BEDS, 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

    148 Washington St

    148 Washington St, Peabody, MA 01960
  16. Building Photo - 51 Keys Dr
    2 BEDS, 1 BATH
    $3,970
    Total Monthly Price Total Monthly Price New
    Base Rent$3,530
    Required Monthly Fees$440
    Total Monthly Price$3,970

    51 Keys Dr Unit SI FL1-ID3220A

    51 Keys Dr, Peabody, MA 01960
  17. Building Photo - 6 Berry St
    2 BEDS, 1 BATH
    $2,250
    Total Monthly Price Total Monthly Price New
    Base Rent$2,250
    Required Monthly FeesNone
    Total Monthly Price$2,250
    - 12 Month Lease

    6 Berry St Unit 1

    6 Berry St, Peabody, MA 01960
  18. Building Photo - 84 Endicott St
    3 BEDS, 1 BATH
    $3,200
    Total Monthly Price Total Monthly Price New
    Base Rent$3,200
    Required Monthly FeesNone
    Total Monthly Price$3,200
    - 12 Month Lease

    84 Endicott St Unit 1-R

    84 Endicott St, Peabody, MA 01960
  19. Building Photo - 296 Lynn St
    2 BEDS, 1 BATH
    $1,900
    Total Monthly Price Total Monthly Price New
    Base Rent$1,900
    Required Monthly FeesNone
    Total Monthly Price$1,900
    - 12 Month Lease

    296 Lynn St Unit #C

    296 Lynn St, Peabody, MA 01960
  20. Building Photo - 19 Bourbon St
    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 Bourbon St Unit 19 Bourbon St #87

    19 Bourbon St, Peabody, MA 01960
  21. 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

    67 Russell St Unit 2 Bedroom In-Law

    67 Russell St, Peabody, MA 01960
  22. 3 BEDS, 1 BATH
    $3,200
    Total Monthly Price Total Monthly Price New
    Base Rent$3,200
    Required Monthly FeesNone
    Total Monthly Price$3,200
    - 12 Month Lease

    4 Berry St

    4 Berry St, Peabody, MA 01960
  23. 4 BEDS, 2 BATHS
    $5,000
    Total Monthly Price Total Monthly Price New
    Base Rent$5,000
    Required Monthly FeesNone
    Total Monthly Price$5,000
    - 12 Month Lease

    4 Violet Rd

    4 Violet Rd, Peabody, MA 01960
  24. Building Photo - 48 Balcomb St
    3 BEDS, 1 BATH
    $3,195
    Total Monthly Price Total Monthly Price New
    Base Rent$3,195
    Required Monthly FeesNone
    Total Monthly Price$3,195
    - 12 Month Lease

    48 Balcomb St Unit 2

    48 Balcomb St, Salem, MA 01970
  25. Building Photo - 143 North St
    Rent Special
    4 BEDS, 2 BATHS
    $3,795
    Total Monthly Price Total Monthly Price New
    Base Rent$3,795
    Required Monthly FeesNone
    Total Monthly Price$3,795
    - 12 Month Lease

    143 North St Unit 3

    143 North St, Salem, MA 01970
  26. 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

    59 Lynnfield St Unit 2

    59 Lynnfield St, Lynn, MA 01904
Showing 42 of 92 results, Page 1 of 3

Peabody at a Glance

Average Rent

$2,241
(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)

Average Rent in Nearby Cities

(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 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
562 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
375 Students

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

Frequently asked questions about renting in Peabody, MA

What are the average rent costs in Peabody, MA?

The average rent in Peabody, MA is $2,241.

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

The average rent for a studio apartment in Peabody, MA is $1,504.

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 $2,241.

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 $2,840.

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 $3,463.

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 $3,084.

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