126 Lowell St
PeabodyMA01960
Cheap Apartments for Rent in the Central Peabody Neighborhood of Peabody, MA from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Peabody area of Peabody.
17-19 Bowditch St
PeabodyMA01960
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Rent Specials
$1,900 - $2,5501 to 2 Bedroom Apartments Contact Us For Availability
Terrace Gardens
2 Esquire DrPeabody, MA 01960
60 Margin St
PeabodyMA01960
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Studio Apartments
2 Main Street
2 Main StPeabody, MA 01960
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Studio to 2 Bedroom Apartments
Peabody Place, LLC.
115 Lowell StPeabody, MA 01960
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$1,700 - $2,500Studio to 2 Bedroom Apartments Contact Us For Availability
Salem Highlands
84 Highland AveSalem, MA 01970
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$1,875Studio Apartments Available Now
11 River Dr
11 River DrDanvers, MA 01923
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Rent Specials
$1,999 - $2,5801 to 2 Bedroom Apartments Available Now
Princeton Crossing
12 Heritage DrSalem, MA 01970
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1 Bedroom Apartments
Perry Street Apartments
11 Perry DrDanvers, MA 01923
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Studio to 2 Bedroom Apartments
River Drive Apartments
3-17 River DrDanvers, MA 01923
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Central Peabody, Peabody, MA Local Guide
Peabody Town Center by massmatt is licensed under CC BY 2.0
How much does it cost to rent an apartment in Central Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Central Peabody Studio Apartments | $1,956 | $1,700 | $2,399 |
| Central Peabody 1 Bedroom Apartments | $2,329 | $1,800 | $3,283 |
| Central Peabody 2 Bedroom Apartments | $2,760 | $2,300 | $3,768 |
| Central Peabody 3 Bedroom Apartments | $3,019 | $2,600 | $3,913 |
| Central Peabody 4 Bedroom Apartments | $3,900 | $3,900 | $3,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Central Peabody Neighborhood of Peabody, MA.
See all Apartments in PeabodyExplore Peabody
Central Peabody, Peabody, MA Local Guide
- Nearby Peabody neighborhoods
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Cheapest Available Central Peabody Apartments for Rent
The cheapest available apartment rental in the Central Peabody area of Boston, MA is a Studio unit found at River Drive Apartments priced from $1,875. Princeton Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,099. Here are the most affordable Central Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Drive Apartments | S1G | Studio,1BA | $1,875 |
| Princeton Crossing | One BR Deluxe | 1BR,1BA | $2,099 |
| Hawthorne Commons | The Dickens | 1BR,1BA | $2,193 |
| 14 North | Alpine Meadows (A1C) | 1BR,1BA | $2,205 |
| eaves Peabody | B2 | 2BR,1BA | $2,576 |
Best Value Apartments for Rent in Central Peabody, MA
As of February 05, 2026 the best value apartment in the Central Peabody area is the $2.19 price per square foot 19 Cushing St Model at 19 Cushing St, Unit 1 in the in the North Salem neighborhood starting from $2,800. The second greatest value Central Peabody apartment is the Sylvan Model at Essex Apartment Homes starting at $2,915 with a $2.38 price per square foot in the Choate Farm neighborhood. Here is today’s list of the best values for Central Peabody apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 19 Cushing St, Unit 1 | 19 Cushing St | 2BR,1BA | $2.19 |
| Essex Apartment Homes | Sylvan | 2BR,2BA | $2.38 |
| River Properties | 2 Bed 1 bath | 2BR,1BA | $2.69 |
| 9 Proctor St, Unit 2 | 9 Proctor St | 3BR,1BA | $2.70 |
| 4 Northend St, Unit 1 | 4 Northend St | 2BR,1BA | $2.40 |
| eaves Peabody | B1 | 2BR,1BA | $3.11 |
| Hawthorne Commons | The Hamilton | 1BR,1BA | $2.94 |
| 14 North | Aster Gardens (A1B) | 1BR,1BA | $3.03 |
| Princeton Crossing | Dog Friendly Two Bedroom Standard | 2BR,1BA | $3.50 |
| River Drive Apartments | S1G | Studio ,1BA | $5.55 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Best Local Schools in Central Peabody, Peabody, MA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Peabody. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Central Peabody Apartments
How much is rent for a Cheap One Bedroom Central Peabody Apartment?
The lowest price for a Cheap One Bedroom Central Peabody Apartment is $2,099 at Princeton Crossing.
What is the lowest price for a Cheap Two Bedroom Central Peabody Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Peabody is starting from $2,399 at Princeton Crossing.
What is the most affordable Central Peabody Three Bedroom Apartment?
The best deal on a cheap Central Peabody Three Bedroom Apartment rental is at 14 North and starts from $3,307.
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
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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
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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.
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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
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.