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  1. Rent Special
    1 BED
    $2,480+
    2 BEDS
    $2,960+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,480 - $4,548
    Required Monthly FeesNone
    Total Monthly Price$2,480 - $4,548

    Jayden Apartments

    7 Dearborn Rd, Peabody, MA 01960
    (978) 818-1902
  2. Good Value
    1 BED
    $2,250+
    2 BEDS
    $2,665+
    3 BEDS
    $3,202+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,240 - $3,748
    Required Monthly Fees$10 - $15
    Total Monthly Price$2,250 - $3,763

    14 North

    1000 Crane Brook Way, Peabody, MA 01960
    (781) 808-2062
  3. Good Value
    1 BED
    $2,155+
    2 BEDS
    $2,790+
    3 BEDS
    $3,970+
    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
    (781) 808-3637
  4. 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
    (978) 788-2257
  5. 1 Month Free
    |
    1 BED
    $2,158+
    2 BEDS
    $2,699+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,158 - $8,559
    Utilities & EssentialsVaries
    Total Monthly Price$2,158 - $8,559

    Hawthorne Commons

    205 Highland Ave, Salem, MA 01970
    (351) 666-6013
  6. 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
  7. 1 BED
    $2,382+
    2 BEDS
    $2,673+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,324 - $3,140
    Required Monthly Fees$58
    Total Monthly Price$2,382 - $3,198

    eaves Peabody

    51 Keys Dr, Peabody, MA 01960
    (978) 643-9902
  8. 1 BED
    $2,391+
    2 BEDS
    $2,817+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,391 - $3,185
    Required Monthly FeesNone
    Total Monthly Price$2,391 - $3,185

    Lynnfield Commons

    375 Broadway, Lynnfield, MA 01940
    (978) 315-6256
  9. 1 BED
    $2,241+
    2 BEDS
    $3,390+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,241 - $3,735
    Utilities & EssentialsVaries
    Total Monthly Price$2,241 - $3,735
    - 12 Month Lease

    Halstead Salem Station

    72 Flint St, Salem, MA 01970
    (351) 999-8695
  10. 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
  11. 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
    (978) 896-0863
  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
    1 BED
    $1,900+
    2 BEDS
    $2,425+
    Plus Fees - 12 Month Lease

    Terrace Gardens

    2 Esquire Dr, Peabody, MA 01960
  14. Building Photo - 16 Paleologos St
    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

    16 Paleologos St

    16 Paleologos St, Peabody, MA 01960
  15. Building Photo - 51 Keys Dr
    1 BED, 1 BATH
    $3,357
    Total Monthly Price Total Monthly Price New
    Base Rent$2,840
    Required Monthly Fees$517
    Total Monthly Price$3,357

    51 Keys Dr Unit FL3-ID5769A

    51 Keys Dr, Peabody, MA 01960
  16. Building Photo - 51 Keys Dr
    2 BEDS, 1 BATH
    $3,590
    Total Monthly Price Total Monthly Price New
    Base Rent$3,000
    Required Monthly Fees$590
    Total Monthly Price$3,590

    51 Keys Dr Unit FL2-ID5784A

    51 Keys Dr, Peabody, MA 01960
  17. 1 BED, 1 BATH
    $3,336
    Total Monthly Price Total Monthly Price New
    Base Rent$2,820
    Required Monthly Fees$516
    Total Monthly Price$3,336

    51 Keys Dr Unit FL1-ID2409A

    51 Keys Dr, Peabody, MA 01960
  18. Building Photo - 51 Keys Dr
    2 BEDS, 1 BATH
    $3,590
    Total Monthly Price Total Monthly Price New
    Base Rent$3,000
    Required Monthly Fees$590
    Total Monthly Price$3,590

    51 Keys Dr Unit FL2-ID2786A

    51 Keys Dr, Peabody, MA 01960
  19. Building Photo - 86 Central St
    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
  20. Building Photo - 4 Northend St
    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

    4 Northend St Unit 1

    4 Northend St, Peabody, MA 01960
  21. Building Photo - 154 Jenness St
    3 BEDS, 1 BATH
    $3,100
    Total Monthly Price Total Monthly Price New
    Base Rent$3,100
    Required Monthly FeesNone
    Total Monthly Price$3,100
    - 12 Month Lease

    154 Jenness St Unit 2

    154 Jenness St, Lynn, MA 01904
  22. 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
  23. 2 BEDS, 1 BATH
    $2,700
    Total Monthly Price Total Monthly Price New
    Base Rent$2,700
    Required Monthly FeesNone
    Total Monthly Price$2,700
    - 12 Month Lease

    111 Foster St Unit 401

    111 Foster St, Peabody, MA 01960
  24. 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
  25. Building Photo - 50-1 Barr St
    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
  26. Building Photo - 35 Walter St
    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
  27. Building Photo - 324 Lowell St
    4 BEDS, 2 BATHS
    $4,500
    Total Monthly Price Total Monthly Price New
    Base Rent$4,500
    Required Monthly FeesNone
    Total Monthly Price$4,500

    324 Lowell St

    324 Lowell St, Peabody, MA 01960
  28. Building Photo - 10 Violet Rd
    3 BEDS, 2 BATHS
    $3,300
    Total Monthly Price Total Monthly Price New
    Base Rent$3,300
    Required Monthly FeesNone
    Total Monthly Price$3,300

    10 Violet Rd

    10 Violet Rd, Peabody, MA 01960
  29. 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

    4 Northend St Unit 1

    4 Northend St, Peabody, MA 01960
Showing 42 of 85 results, Page 1 of 3

Peabody at a Glance

Average Rent

$2,182
(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
Private University
Private University
GreatSchools Rating

Public High School

Public
Grades 9-12
1,476 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
1,346 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
446 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
252 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
376 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 $2,182.

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

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

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 $2,182.

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 $2,811.

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 $3,421.

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.

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