4 Mill St, Unit 5
4 Mill St
PeabodyMA01960
Cheap Homes for Rent in the Central Peabody Neighborhood of Peabody, MA from $1,600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Peabody area of Peabody.
4 Mill St, Unit 5
4 Mill St
PeabodyMA01960
72 Lowell 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
2 Ledgewood Way
PeabodyMA01960
10 Beaver St
SalemMA01970
35 Collins St, Unit 92
35 Collins St
DanversMA01923
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 | $2,618 | $1,700 | $3,500 |
| Central Peabody 3 Bedroom Homes for Rent | $3,633 | $3,200 | $3,950 |
| Central Peabody 5 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
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 6 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 2 Beds apartment currently listed from $2,250. 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 | B1 | 2BR,1BA | $2,250 |
| 14 North | Aster Gardens (A1B) | 1BR,1BA | $2,361 |
Best Value Apartments for Rent in Central Peabody, MA
As of September 05, 2026 the best value apartment in the Central Peabody area is the $1.92 price per square foot 74 Aborn St Model at 74 Aborn St, Unit Unit 3 in the in the South Salem neighborhood starting from $2,300. The second greatest value Central Peabody apartment is the 33 Water St Model at 33 Water St, Unit Apt 1 starting at $3,200 with a $2.67 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. |
|---|---|---|---|
| 74 Aborn St, Unit Unit 3 | 74 Aborn St | 2BR,1BA | $1.92 |
| 33 Water St, Unit Apt 1 | 33 Water St | 2BR,2.5BA | $2.67 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $1.92 |
| River Properties | 2 Bed 1 bath 70 Boston Street | 2BR,1BA | $2.81 |
| Essex Apartment Homes | Prospect | 1BR,1BA | $3.09 |
| 76 Lynn St, Unit Second floor | 76 Lynn St | 2BR,1BA | $2.88 |
| 14 North | Aster Gardens (A1B) | 1BR,1BA | $3.13 |
| Princeton Crossing | Dog Friendly Two Bedroom Standard | 2BR,1BA | $3.56 |
| River Drive Apartments | B1 | 2BR,1BA | $3.26 |
| Salem Highlands | Studio Renovated | Studio ,1BA | $3.58 |
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 Article
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.
Read ArticleReal 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 116 Apartments for Rent in Central Peabody, MA with pricing that ranges from $1,700 to $4,043. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Peabody ranging from $1,600 to $4,500.
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 $1,600 to $4,500 with an average monthly rent of $2,753.
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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