
Cheap Apartments for Rent in Peabody, MA from $600 (104 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in Peabody.


313 Essex St

233 Lafayette St, Unit 26

233 Lafayette St, Unit 22

141 Franklin St

10 River Dr, Unit B

472 Essex St

257 Washington St, Unit 03

Total Monthly Price
121 Johnson St, Unit Unit 2L, Unit Unit 2L

75 Haviland Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

303 Broadway

257 Washington St, Unit 11

Maple Square Apartments

257 Washington St, Unit 16

Folly Hill Meadows

Total Monthly Price
Bradlee Danvers

134 Boston St, Unit 1F, Unit 1F

Total Monthly Price
Traders Row

Total Monthly Price
31 Walter St, Unit 3, Unit 3

17 Pickman St, Unit 5
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

44 Cedar St

233 Lafayette St, Unit 6

233 Lafayette St, Unit 16

233 Lafayette St, Unit 9

Total Monthly Price
83 1/2 Summer St, Unit Unit 2, Unit Unit 2

526 Western Ave

233 Lafayette St

13 River Dr, Unit A

55 Buffum St

Total Monthly Price
Lore
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Total Monthly Price
Halstead Salem Station

210 North St

275 Jefferson Ave

444 Broadway

Total Monthly Price
230 Broadway, Unit #2, Unit #2

Fairweather Apartments (Age 62+ Community)

Cobbet Hill

The Lighthouses

327 Jefferson Ave

143 Canal St
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

Floating Bridge Pond

Perry Street Apartments

Mosaic

122 Boston

River Drive Apartments

Fairfax

Park Towers

15 Lynde St

20 High St

14 Roy St
Peabody, MA Local Guide

How much does it cost to rent an apartment in Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Peabody Studio Apartments | $1,914 | $1,100 | $3,089 |
| Cheap Peabody 1 Bedroom Apartments | $2,498 | $1,450 | $3,909 |
| Cheap Peabody 2 Bedroom Apartments | $2,979 | $1,600 | $5,292 |
| Cheap Peabody 3 Bedroom Apartments | $3,453 | $2,382 | $10,000+ |
| Cheap Peabody 4 Bedroom Apartments | $3,450 | $3,000 | $4,000 |
Browse Top Apartments in Peabody
See all Apartments in PeabodyExplore Peabody
Frequently Asked Questions about Cheap Peabody Apartments
What is the Cheapest Studio apartment in Peabody?
Currently the most affordable Cheap Studio Apartment in Peabody is at The Residences at St. James listed at $1,400.
How much is rent for a Cheap One Bedroom Peabody Apartment?
The lowest price for a Cheap One Bedroom Peabody Apartment is $1,725 at The Residences at St. James.
What is the lowest price for a Cheap Two Bedroom Peabody Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Peabody is starting from $2,245 at Princeton Crossing.
What is the most affordable Peabody Three Bedroom Apartment?
The best deal on a cheap Peabody Three Bedroom Apartment rental is at 23 Prince Street Apartments and starts from $3,750.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.