
Top Rated Apartments for Rent in Peabody, MA (67 Rentals)
Apartments in Peabody with the best features, newest construction, and richest amenities.


Essex Apartment Homes

Highlands at Dearborn Apartments

14 North

Alexan Peabody
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.

Terrace Estates Apartments

Traders Row
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.

Hawthorne Commons

The Beverly Collection: The Block

MarketStreet Apartments

Halstead Salem Station

231 Washington Residences

Salem Highlands

Enterprise Apartment Homes

Lynnfield Commons - OLD
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.
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
Peabody, MA Local Guide

How much does it cost to rent an apartment in Peabody?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peabody Top Rated Studio Apartments | $2,146 | $1,595 | $3,299 |
Peabody Top Rated 1 Bedroom Apartments | $2,652 | $1,350 | $10,000+ |
Peabody Top Rated 2 Bedroom Apartments | $3,272 | $1,500 | $10,000+ |
Peabody Top Rated 3 Bedroom Apartments | $3,436 | $2,575 | $5,650 |
Peabody Top Rated 4 Bedroom Apartments | $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 $1,795 to $3,299 with an average price of $3,231.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.