
Apartments for Rent in the Downtown Peabody Neighborhood of Peabody, MA (84 Rentals)


Total Monthly Price
74 Aborn St, Unit 3

Total Monthly Price
13 Lowe St, Unit 2

8 Crowninshield St, Unit 311

84 Aborn St, Unit 1303

24 Tracey St, Unit 2

25 Sherman St

125 Washington St

24 Tracey St

13 Nelson Rd
Boston's Best Affordable Neighborhoods
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155 R Washington St

12 Parsons St

118 Foster St

86 Main St

75 Walnut St

129 Lowell St

122 Foster St

4 Mill St, Unit 5

4 Mill St, Unit 9

Grove Street Landing
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.

Total Monthly Price
11 South St, Unit 11 South St

Total Monthly Price
36 Beaver St, Unit Beaver St

Total Monthly Price
155 Boston St

62 Butler St

23 Mason St

Tannery Gardens

122 Foster St

41 Walnut St

Walnut Place Condominiums

4 Mill 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.

2 Main Street

1 Main St

17 Peabody Sq

31-37 Central St

61-63 Main St

55-59 Main St

3 Littles Ln

77 Main St

3.5 Littles Ln

2-6 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.

72-74 Walnut & 4-6 Harris St

11 Park St

9 Washington St

Pioneer House

The Rosenfelt Building

3 Tremont St

Congregation Sons of Israel

111 Main St

62 Lowell St

5 Holten St
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 1 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
| Downtown Peabody 2 Bedroom Apartments | $2,447 | $2,200 | $3,025 |
| Downtown Peabody 3 Bedroom Apartments | $3,016 | $2,750 | $3,300 |
| Downtown Peabody 4 Bedroom Apartments | $3,100 | $2,800 | $3,400 |
How much does it cost to rent a home in Downtown Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| 2 Bedroom Homes | $2,783 | $2,400 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 84 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 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 #6
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, July 27, 2026, there are currently 84 available Downtown Peabody apartments priced from $1,700 to $3,400, with an average monthly rent of $2,683.
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 $2,200 to $3,025. Today's average rental price for Two Bedrooms here is $2,447.
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 $2,750 to $3,300 - averaging $3,016 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.