37 Osborne Hill Dr
SalemMA01970
Cheap Homes for Rent in Central Peabody Neighborhood of Peabody, MA from $2,200 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Peabody area of Peabody.
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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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134 Boston St, Unit 1F
134 Boston St
SalemMA01970
29 Tracey St
PeabodyMA01960
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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36 Essex Green Ln, Unit 36B Essex Green drive
36 Essex Green Ln
PeabodyMA01960
9 Cheever St
DanversMA01923
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
8 Ledgewood Way
PeabodyMA01960
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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 Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Peabody 2 Bedroom Homes for Rent | $3,033 | $2,900 | $3,200 |
| Central Peabody 3 Bedroom Homes for Rent | $4,040 | $2,900 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 1 Bed unit found at River Drive Apartments priced from $2,100. Alexan Peabody has the second lowest priced unit, which is a Studio apartment currently listed from $2,223. Here are the most affordable Central Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Drive Apartments | A1G | 1BR,1BA | $2,100 |
| Alexan Peabody | S1 | Studio,1BA | $2,223 |
| eaves Peabody | A1 | 1BR,1BA | $2,380 |
| River Properties | 205 River Rock Residences | 1BR,1BA | $2,400 |
| Essex Apartment Homes | Cross | 1BR,1BA | $2,424 |
Best Value Apartments for Rent in Central Peabody, MA
As of June 11, 2025 the best value apartment in the Central Peabody area is the $2.00 price per square foot 46 Holten St Model at 46 Holten St, Unit #1 in the in the South Salem neighborhood starting from $2,400. The second greatest value Central Peabody apartment is the 2E Model at Grove Street Landing starting at $3,225 with a $3.15 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. |
|---|---|---|---|
| 46 Holten St, Unit #1 | 46 Holten St | 2BR,1BA | $2.00 |
| Grove Street Landing | 2E | 2BR,2BA | $3.15 |
| 85 Lowell St, Unit #1 | 85 Lowell St | 2BR,1BA | $2.67 |
| 14 North | Aviary Gardens Loft (A1AL) | 1BR,1BA | $2.94 |
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath ( AUG-SEPT 2025) | 2BR,1BA | $3.12 |
| Hawthorne Commons | The McIntire | 1BR,1BA | $3.08 |
| Essex Apartment Homes | Cross | 1BR,1BA | $3.11 |
| Jayden Apartments | A1 | 1BR,1BA | $3.47 |
| Traders Row | A1B | 1BR,1BA | $3.45 |
| River Properties | 205 River Rock Residences | 1BR,1BA | $3.18 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Central Peabody
What type of rentals are currently available in Central Peabody?
There are currently 113 Apartments for Rent in Central Peabody, MA with pricing that ranges from $1,499 to $10,092. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Peabody ranging from $2,250 to $5,500.
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 $2,250 to $5,500 with an average monthly rent of $3,107.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.