Cheap Apartments for Rent in the Downtown Peabody Neighborhood of Peabody, MA from $600 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Peabody area of Peabody.

close
View Me
2 Main Street
Studio Apartments

2 Main Street

2 Main StPeabody, MA 01960
close
View Me
45 Washington St
1 to 4 Bedroom Apartments

45 Washington St

45 Washington StPeabody, MA 01960
close
View Me
17 Peabody Sq
1 Bedroom Apartments

17 Peabody Sq

17 Peabody SqPeabody, MA 01960
close
View Me
31-37 Central St
1 Bedroom Apartments

31-37 Central St

31-37 Central StPeabody, MA 01960
  • Utilities Included
close
View Me
5 Holten St
Studio Apartments

5 Holten St

5 Holten StPeabody, MA 01960
close
View Me
Pioneer House
1 to 3 Bedroom Apartments

Pioneer House

2 Washington StPeabody, MA 01960

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.

close
View Me
88-90 Aborn St
Studio Apartments

88-90 Aborn St

88-90 Aborn StPeabody, MA 01960
close
View Me
72 Central St
2 Bedroom Apartments

72 Central St

72 Central StPeabody, MA 01960
close
View Me
1 Main St
1 Bedroom Apartments

1 Main St

1 Main StPeabody, MA 01960
close
View Me
2-6 Littles Ln
1 Bedroom Apartments

2-6 Littles Ln

2-6 Littles LnPeabody, MA 01960
close
View Me
76-78 Lowell St
Studio Apartments

76-78 Lowell St

76-78 Lowell StPeabody, MA 01960
close
View Me
85-95 Main St
Studio Apartments

85-95 Main St

85-95 Main StPeabody, MA 01960
close
View Me
61-63 Aborn St
1 to 3 Bedroom Apartments

61-63 Aborn St

61-63 Aborn StPeabody, MA 01960
close
View Me
98 Central St
Studio Apartments

98 Central St

98 Central StPeabody, MA 01960

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

close
View Me
111 Main St
1 to 3 Bedroom Apartments

111 Main St

111 Main StPeabody, MA 01960
  • Smoke Free
close
View Me
62 Lowell St
2 Bedroom Apartments

62 Lowell St

62 Lowell StPeabody, MA 01960
close
View Me
101 Lowell St
4 Bedroom Apartments

101 Lowell St

101 Lowell StPeabody, MA 01960
close
View Me
4 Mill St
1 to 2 Bedroom Apartments

4 Mill St

4 Mill StPeabody, MA 01960
close
View Me
1-3 King St
2 to 3 Bedroom Apartments

1-3 King St

1-3 King StPeabody, MA 01960
close
View Me
3 Tremont St
1 Bedroom Apartments

3 Tremont St

3 Tremont StPeabody, MA 01960
close
View Me
55 Fulton St
Studio Apartments

55 Fulton St

55 Fulton StPeabody, MA 01960

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.

close
View Me
77 Main St
2 Bedroom Apartments

77 Main St

77 Main StPeabody, MA 01960
close
View Me
7 Oak St
Studio Apartments

7 Oak St

7 Oak StPeabody, MA 01960
close
View Me
14 Collins St
2 Bedroom Apartments

14 Collins St

14 Collins StPeabody, MA 01960
close
View Me
65 Central St
2 Bedroom Apartments

65 Central St

65 Central StPeabody, MA 01960
close
View Me
Tannery Gardens
Studio Apartments

Tannery Gardens

111 Foster StPeabody, MA 01960
close
View Me
Kings Residences
1 to 2 Bedroom Apartments

Kings Residences

15 King StPeabody, MA 01960
close
View Me
65-75 Main St
2 Bedroom Apartments

65-75 Main St

65-75 Main StPeabody, MA 01960

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

close
View Me
61-63 Main St
2 Bedroom Apartments

61-63 Main St

61-63 Main StPeabody, MA 01960
close
View Me
175 Boston St
1 to 2 Bedroom Apartments

175 Boston St

175 Boston StSalem, MA 01970
close
View Me
52 Beaver St
1 Bedroom Apartments

52 Beaver St

52 Beaver StSalem, MA 01970
close
View Me
2 Albion St
Studio Apartments

2 Albion St

2 Albion StSalem, MA 01970
close
View Me
3-5 Rawlins St
Studio Apartments

3-5 Rawlins St

3-5 Rawlins StSalem, MA 01970

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
136 Boston St
Studio Apartments

136 Boston St

136 Boston StSalem, MA 01970
close
View Me
122 Boston
3 Bedroom Apartments

122 Boston

122 Boston StSalem, MA 01970

Downtown Peabody, Peabody, MA Local Guide

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Peabody, Peabody, MA

Ranked #4

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Downtown Peabody Neighborhood in Peabody, MA

Walk Score®

90 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.