
Apartments for Rent in the Downtown Peabody Neighborhood of Peabody, MA (87 Rentals)


Total Monthly Price
6 Berry St, Unit 1

Total Monthly Price
74 Aborn St, Unit 3

8 Crowninshield St, Unit 311

1 James St, Unit 2

4 Mill St, Unit 5

8 Crowninshield St

126 Lowell St

2 Osborne St

144 Washington St
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29 Walsh Ave

25 Franklin St

17 Warren St

25 Sherman St

155 R Washington St

12 Parsons St

118 Foster St

10 Elliott Pl

75 Walnut St

72 Lowell St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

44 Mt Vernon St

28 Beckett St

10 Ethel Ave

122 Foster St

Total Monthly Price
Grove Street Landing

62 Butler St

10 Beaver St

23 Mason St

Tannery Gardens

122 Foster St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

41 Walnut St

Walnut Place Condominiums

4 Mill St

2 Main Street

1 Main St

17 Peabody Sq

31-37 Central St

61-63 Main St

55-59 Main St

3 Littles Ln
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

77 Main St

3.5 Littles Ln

2-6 Littles Ln

72-74 Walnut & 4-6 Harris St

11 Park St

9 Washington St

Rosenfelt Building, LLC.

Pioneer House

3 Tremont St

Congregation Sons of Israel
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.
Downtown Peabody, Peabody, MA Local Guide

How much does it cost to rent an apartment in Downtown Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Peabody Studio Apartments | $2,086 | $1,900 | $2,200 |
| Downtown Peabody 1 Bedroom Apartments | $2,543 | $1,850 | $2,775 |
| Downtown Peabody 2 Bedroom Apartments | $2,697 | $2,300 | $3,025 |
| Downtown Peabody 3 Bedroom Apartments | $2,750 | $2,500 | $3,000 |
| Downtown Peabody 4 Bedroom Apartments | $3,433 | $2,800 | $4,100 |
How much does it cost to rent a home in Downtown Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| 2 Bedroom Homes | $2,468 | $1,700 | $3,500 |
| 4 Bedroom Homes | $4,100 | $4,100 | $4,100 |
Browse Apartments in this Neighborhood
There are currently 87 rentals with your search options within a 2 mile radius of the Downtown Peabody Neighborhood of Peabody, MA.
See all Apartments in PeabodyExplore Peabody
Downtown Peabody, Peabody, MA Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleNavigating 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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleDowntown Peabody, Peabody, MA
Ranked #5
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Downtown Peabody
What is the current pricing and availability for apartments for rent in the Downtown Peabody area of Peabody, MA?
As of today, September 11, 2026, there are currently 87 available Downtown Peabody apartments priced from $1,850 to $4,100, with an average monthly rent of $2,787.
What is the current price range for One Bedroom Downtown Peabody Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Peabody ranges from $1,850 to $2,775 with an average monthly rent of $2,543.
What does renting a Two Bedroom Apartment in Downtown Peabody cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Peabody range from $2,300 to $3,025. Today's average rental price for Two Bedrooms here is $2,697.
How expensive are Downtown Peabody Three Bedroom Apartments?
There are currently 10 Three Bedroom Apartments listings available in Downtown Peabody on ApartmentHomeLiving.com. The pricing ranges from $2,500 to $3,000 - averaging $2,750 for the location.
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.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.