What are the average rent costs in Peabody, MA?

The average rent in Peabody, MA is $2,210.

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 $2,210.

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 $2,825.

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 $3,318.

Best Cheap Apartments For Rent in Peabody, MA

2 BEDS, 1 BATH

$2,450

14 Heritage Dr

14 Heritage Dr, Salem, MA 01970
2 BEDS, 1 BATH

$2,550

6 River St Unit 2

6 River St, Salem, MA 01970
2 BEDS, 1 BATH

$2,600

73 School St Unit #3

73 School St, Salem, MA 01970
2 BEDS, 1 BATH

$2,550

12 1/2 Dearborn St Unit #3

12 1/2 Dearborn St, Salem, MA 01970

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Peabody at a Glance

Average Rent

$2,210

(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

Peabody, MA, offers a delightful blend of suburban comfort and urban convenience, making it an appealing destination for those seeking a vibrant lifestyle. The city boasts well-maintained parks such as Peabody City Hall Park and Brooksby Farm, where outdoor activities flourish alongside seasonal festivals and farmers' markets. Residents can easily find a home that suits their lifestyle, whether it’s a cozy apartment or a spacious townhome.

Shopping enthusiasts will appreciate the Northshore Mall, a hub of retail and dining options, perfect for a leisurely day out. Nearby, Liberty Tree Mall and Vinnin Square Plaza provide additional shopping experiences, while Witch City Mall and Swampscott Mall offer unique finds. After a day of shopping, savor a meal at popular local restaurants similar to Finz Salem or Texas Roadhouse, or enjoy a casual bite at Gulu-Gulu Cafe or Sylvan Street Grille.

Cultural experiences are abundant, with events similar to the annual Peabody International Festival celebrating the city’s diverse heritage. The rich history of the area can be explored at the Peabody Historical Society and Museum, featuring engaging exhibits that highlight the past. For those interested in art and history, the nearby Peabody Essex Museum and The House of the Seven Gables in Salem provide captivating insights into the region’s cultural tapestry.

Outdoor enthusiasts can take advantage of the beautiful parks, including Salem Willows Park and the Salem Witch Trials Memorial, perfect for leisurely strolls or picnics. Lynn Woods Reservation and Ropes Mansion and Garden offer serene settings for nature lovers.

With its friendly community atmosphere, ample recreational opportunities, and a variety of rental choices, Peabody stands out as a vibrant place to live, with easy access to nearby attractions in Salem and Boston. Whether enjoying a coffee at Jaho Coffee Roaster & Wine Bar or exploring the historical significance of the Salem Maritime National Historic Site, there’s always something to discover in this charming city.

Renting in Peabody

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
1 Bedroom 736 Sq Ft $2,210 / mo
2 Bedrooms 1,013 Sq Ft $2,825 / mo
3 Bedrooms 1,214 Sq Ft $3,318 / mo

Top Budget-Friendly Neighborhoods in Peabody

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Central Peabody 768 Sq Ft $2,432/mo
West Peabody 802 Sq Ft $2,798/mo
South Peabody 786 Sq Ft $3,071/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

Peabody Veterans Memorial High

out of 10 Rating

Public | Grades 9- 12 | 1,476 Students

J Henry Higgins Middle

out of 10 Rating

Public | Grades 6- 8 | 1,346 Students

Center Elementary School

out of 10 Rating

Public | Grades K- 5 | 446 Students

Captain Samuel Brown Elementary School

out of 10 Rating

Public | Grades K- 5 | 376 Students

Thomas Carroll Elementary School

out of 10 Rating

Public | Grades K- 5 | 586 Students

School data provided by Great Schools^ⓘ

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Beds & Baths

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Interior & Community Amenities

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Cheap Apartments for Rent in Peabody, MA

14 Heritage Dr

6 River St Unit 2

73 School St Unit #3

12 1/2 Dearborn St Unit #3

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

Peabody Apartments for Rent in Your Budget

Thank You

Cheap Apartments for Rent in Peabody, MA

14 Heritage Dr

6 River St Unit 2

73 School St Unit #3

12 1/2 Dearborn St Unit #3

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

Peabody Apartments for Rent in Your Budget

Thank You

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