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  1. Building Photo - Jayden Apartments
    $785 Off
    Price Drop. $785 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
    (978) 818-1902
  2. Building Photo - Alexan Peabody
    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
    (978) 788-2257
  4. Discounts
    Discounts
    1 BED
    $2,470+
    2 BEDS
    $2,725+
    3 BEDS
    $3,570+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,470 - $4,895
    Required Monthly FeesNone
    Total Monthly Price$2,470 - $4,895

    Highlands at Dearborn Apartments

    19 Magnolia Way, Peabody, MA 01960
    (781) 808-3637
  5. Rent Special
    Rent Special
    1 BED
    $2,301+
    2 BEDS
    $2,756+
    3 BEDS
    $3,479+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,291 - $3,751
    Required Monthly Fees$10 - $15
    Total Monthly Price$2,301 - $3,766

    14 North

    1000 Crane Brook Way, Peabody, MA 01960
    (781) 808-2062
  7. |
    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
    (351) 666-6013
  8. Building Photo - Traders Row
    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
  9. Building Photo - eaves Peabody
    1 BED
    $2,213+
    2 BEDS
    $2,472+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,156 - $2,795
    Required Monthly Fees$57
    Total Monthly Price$2,213 - $2,852

    eaves Peabody

    51 Keys Dr, Peabody, MA 01960
    (978) 643-9902
  12. 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
    (978) 315-6256
  13. Building Photo - Halstead Salem Station
    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
    (351) 999-8695
  14. Building Photo - 23 Prince Street Apartments
    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
    (978) 705-5062
  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
  35. Building Photo - 15 Bourbon St
    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
  36. Building Photo - 16 Washington St
    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
  37. Building Photo - 86 Central St
    3 BEDS, 2.5 BATHS
    $3,500
    Total Monthly Price Total Monthly Price New
    Base Rent$3,500
    Required Monthly FeesNone
    Total Monthly Price$3,500
         - 12 Month Lease

    86 Central St

    86 Central St, Peabody, MA 01960
    Apply
  38. Building Photo - 8 Randall St
    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
  39. 1 BED, 1 BATH
    $2,350+
    2 BEDS, 1 BATH
    $2,950+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,350 - $2,950
    Required Monthly FeesNone
    Total Monthly Price$2,350 - $2,950
         - 12 Month Lease

    55 Buffum St

    55 Buffum St, Salem, MA 01970
    Apply
  40. 2 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

    34 Braman St

    34 Braman St, Danvers, MA 01923
    Apply
  41. 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
  42. Building Photo - 19 Nichols St
    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
Showing 42 of 87 results, Page 1 of 3

Peabody at a Glance

Average Rent

$2,193
(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 $2,193.

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.

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