52 County St
PeabodyMA01960
Cheap Homes for Rent in Central Peabody Neighborhood of Peabody, MA from $1,900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Peabody area of Peabody.
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$2,0501 Bedroom Apartments Available Now
10 River Dr, Unit B
10 River DrDanvers, MA 01923
134 Boston St, Unit 1F, Unit 1F
134 Boston St
SalemMA01970
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$2,3501 Bedroom Apartments Available Now
13 River Dr, Unit A
13 River DrDanvers, MA 01923
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$2,3823 Bedroom Apartments Available Now
52 Washington St
52 Washington StPeabody, MA 01960
86 Main St
PeabodyMA01960
28 1/2 Grove Street, #2
28 1/2 Grove St
SalemMA01970
2 McDewell Ave
DanversMA01923
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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Central Peabody, Peabody, MA Local Guide
How much does it cost to rent a home in Central Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Central Peabody 2 Bedroom Homes for Rent | $3,014 | $2,500 | $3,700 |
| Central Peabody 3 Bedroom Homes for Rent | $4,983 | $3,100 | $8,000 |
| Central Peabody 4 Bedroom Homes for Rent | $4,625 | $4,250 | $5,000 |
| Central Peabody 6 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Central Peabody Neighborhood of Peabody, MA.
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Central Peabody, Peabody, MA Local Guide
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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 Salem Highlands priced from $1,700. River Drive Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,850. Here are the most affordable Central Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| River Drive Apartments | S1G | Studio,1BA | $1,850 |
| Princeton Crossing | Dog Friendly One Bedroom Standard | 1BR,1BA | $1,999 |
Best Value Apartments for Rent in Central Peabody, MA
As of April 22, 2026 the best value apartment in the Central Peabody area is the $1.94 price per square foot 84 Endicott St Model at 84 Endicott St, Unit 1-R in the in the South Peabody neighborhood starting from $3,500. The second greatest value Central Peabody apartment is the Bamboo Gardens Loft (B2EL) Model at 14 North starting at $2,987 with a $2.26 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. |
|---|---|---|---|
| 84 Endicott St, Unit 1-R | 84 Endicott St | 3BR,1BA | $1.94 |
| 14 North | Bamboo Gardens Loft (B2EL) | 2BR,2BA | $2.26 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $2.00 |
| Grove Street Landing | 2D | 2BR,2BA | $3.11 |
| Hawthorne Commons | The Hamilton | 1BR,1BA | $3.19 |
| Essex Apartment Homes | Cross | 1BR,1BA | $3.21 |
| River Properties | 1 bed 1 bath w/ Balcony | 1BR,1BA | $3.21 |
| Princeton Crossing | Dog Friendly Two Bedroom Standard | 2BR,1BA | $3.39 |
| eaves Peabody | A1 | 1BR,1BA | $3.57 |
| Salem Highlands | Studio Renovated | Studio ,1BA | $3.58 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe 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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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.
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Best Local Schools in Central Peabody, Peabody, MA
School data provided by Great Schools
Frequently Asked Questions about Central Peabody
What type of rentals are currently available in Central Peabody?
There are currently 110 Apartments for Rent in Central Peabody, MA with pricing that ranges from $1,700 to $4,515. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Peabody ranging from $1,900 to $8,000.
What is the current price range for Rental Homes in Central Peabody?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Peabody ranges from $1,900 to $8,000 with an average monthly rent of $4,267.
How much are larger Three and Four Bedroom Rentals in Central Peabody?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Peabody range from $2,382 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,100 to $8,000. Four Bedroom Single-Family rentals are also available starting from $4,250 and Four Bedroom Apartments start at $3,700.
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
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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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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.