37 Osborne Hill Dr
SalemMA01970
Cheap Homes for Rent in the Central Peabody Neighborhood of Peabody, MA from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Peabody area of Peabody.
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$1,700Studio Apartments Available Now
11 River Dr, Unit B
11 River DrDanvers, MA 01923
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$1,700Studio Apartments Available Now
3 River Dr, Unit B
3 River DrDanvers, MA 01923
4 Mill St, Unit 5
4 Mill St
PeabodyMA01960
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
4 Mill St, Unit 9
4 Mill St
PeabodyMA01960
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$2,2502 Bedroom Apartments Available Sep 1
13 River Dr, Unit F
13 River DrDanvers, MA 01923
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$2,2502 Bedroom Apartments Available Now
4 River Dr, Unit Apt B
4 River DrDanvers, MA 01923
122 Foster St
PeabodyMA01960
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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 | $2,902 | $2,400 | $3,125 |
| Central Peabody 3 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
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 River Drive Apartments priced from $1,700. Salem Highlands has the second lowest priced unit, which is a Studio apartment currently listed from $1,700. 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 | $1,700 |
| Salem Highlands | Studio, non-renovated | Studio,1BA | $1,700 |
| eaves Peabody | A1 | 1BR,1BA | $2,188 |
Best Value Apartments for Rent in Central Peabody, MA
As of July 22, 2026 the best value apartment in the Central Peabody area is the $2.76 price per square foot Bougainvillea Meadows Den B2HD Model at 14 North in the in the Choate Farm neighborhood starting from $3,307. The second greatest value Central Peabody apartment is the 36 Beaver St Model at 36 Beaver St, Unit Beaver St starting at $2,500 with a $2.38 price per square foot in the South Salem 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. |
|---|---|---|---|
| 14 North | Bougainvillea Meadows Den B2HD | 2BR,2BA | $2.76 |
| 36 Beaver St, Unit Beaver St | 36 Beaver St | 2BR,1BA | $2.38 |
| Grove Street Landing | 2E | 2BR,2BA | $3.06 |
| 13 Lowe St, Unit 2 | 13 Lowe St | 2BR,1BA | $2.59 |
| Essex Apartment Homes | Prospect | 1BR,1BA | $2.99 |
| Hawthorne Commons | The Dickens | 1BR,1BA | $3.31 |
| Princeton Crossing | Dog Friendly Two Bedroom Standard | 2BR,1BA | $3.57 |
| Salem Highlands | Studio Renovated | Studio ,1BA | $3.58 |
| River Drive Apartments | S1G | Studio ,1BA | $5.03 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Central Peabody, Peabody, MA
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Frequently Asked Questions about Central Peabody
What type of rentals are currently available in Central Peabody?
There are currently 118 Apartments for Rent in Central Peabody, MA with pricing that ranges from $1,500 to $4,147. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Peabody ranging from $1,499 to $3,500.
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 $1,499 to $3,500 with an average monthly rent of $2,400.
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.
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