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Cheap Homes for Rent in Central Peabody Neighborhood of Peabody, MA from $1,400 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Peabody area of Peabody.
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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 a home in Central Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Central Peabody 2 Bedroom Homes for Rent | $2,650 | $2,200 | $3,000 |
| Central Peabody 3 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
| Central Peabody 4 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
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 3 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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Best Value Apartments for Rent in Central Peabody, MA
As of September 11, 2025 the best value apartment in the Central Peabody area is the $0.27 price per square foot 8A Forest St Model at 8A Forest St, Unit 1R in the in the South Peabody neighborhood starting from $2,675. The second greatest value Central Peabody apartment is the Aviary Gardens Loft (A1AL) Model at 14 North starting at $2,419 with a $2.69 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. |
|---|---|---|---|
| 8A Forest St, Unit 1R | 8A Forest St | Studio ,1BA | $0.27 |
| 14 North | Aviary Gardens Loft (A1AL) | 1BR,1BA | $2.69 |
| Hawthorne Commons | The McIntire | 1BR,1BA | $3.20 |
| Essex Apartment Homes | Cross | 1BR,1BA | $2.97 |
| 86 Endicott St, Unit D | 86 Endicott St | 2BR,1BA | $3.23 |
| Gardner Commons | 2 Bed/1 Bath | 2BR,1BA | $3.01 |
| Princeton Crossing | Dog Friendly One Bedroom Standard | 1BR,1BA | $3.42 |
| River Drive Apartments | S1G | Studio ,1BA | $5.77 |
| Furnished Studio-Boston - Peabody | Furnished Studio-Boston - Peabody | Studio ,1BA | $11.52 |
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Pet Friendly LifestyleCentral Peabody, Peabody, MA
Ranked #2
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 111 Apartments for Rent in Central Peabody, MA with pricing that ranges from $1,600 to $4,000. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Peabody ranging from $1,499 to $3,000.
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 $1,499 to $3,000 with an average monthly rent of $2,349.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.