Apartments for Rent in Peabody, MA Under $1,500 (7 Rentals)
Navigating the Rental Market: Tips for First-Time Renters
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Salem Heights

40R Highland Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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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

Fairweather Apartments (Age 62+ Community)
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 $1500 | $1,882 | $1,050 | $2,700 |
Peabody 1 Bedroom Apartments Under $1500 | $2,764 | $1,350 | $10,000+ |
Peabody 2 Bedroom Apartments Under $1500 | $3,267 | $1,500 | $10,000+ |
Peabody 3 Bedroom Apartments Under $1500 | $3,618 | $2,650 | $4,600 |
Peabody 4 Bedroom Apartments Under $1500 | $2,800 | $2,800 | $2,800 |
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Peabody, MA Local Guide
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Quick Rent Budget Calculator
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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 32 Studio Apartments in Peabody with rent ranges from $1,050 to $2,700 with an average price of $1,882.
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 $10,029 with an average monthly rent of $2,764.
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 $10,001. Today's average rental price for Two Bedrooms here is $3,267.
How expensive are Peabody Three Bedroom Apartments?
There are currently 61 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $2,650 to $4,600 - averaging $3,618 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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.