Apartments for Rent in Peabody, MA Under $1,200 (2 Rentals)
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Fairweather Apartments (Age 62+ Community)
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Peabody, MA Local Guide

How much does it cost to rent an apartment in Peabody?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peabody Studio Apartments Under $1200 | $2,146 | $1,595 | $3,299 |
Peabody 1 Bedroom Apartments Under $1200 | $2,652 | $1,350 | $10,000+ |
Peabody 2 Bedroom Apartments Under $1200 | $3,272 | $1,500 | $10,000+ |
Peabody 3 Bedroom Apartments Under $1200 | $3,436 | $2,575 | $5,650 |
Peabody 4 Bedroom Apartments Under $1200 | $3,585 | $1,700 | $5,200 |
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Peabody, MA Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Peabody, MA
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Peabody
How much are Studio apartments in Peabody?
There are currently 33 Studio Apartments in Peabody with rent ranges from $1,595 to $3,299 with an average price of $2,146.
What is the current price range for One Bedroom Peabody Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Peabody ranges from $1,350 to $13,613 with an average monthly rent of $2,652.
What does renting a Two Bedroom Apartment in Peabody cost?
The monthly rent prices of Two Bedroom Apartments currently available in Peabody range from $1,500 to $16,505. Today's average rental price for Two Bedrooms here is $3,272.
How expensive are Peabody Three Bedroom Apartments?
There are currently 81 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $2,575 to $5,650 - averaging $3,436 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.