49 Fulton St
PeabodyMA01960
Cheap Apartments for Rent in the Peabody Town Center Neighborhood of Peabody, MA from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peabody Town Center area of Peabody.
76 Lowell St
PeabodyMA01960
126 Lowell St
PeabodyMA01960
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Studio Apartments
2 Main Street
2 Main StPeabody, MA 01960
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Studio to 2 Bedroom Apartments
Peabody Place, LLC.
115 Lowell 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.
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$1,450 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySalem Heights
12 Pope StSalem, MA 01970
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$1,6002 Bedroom Apartments Available Mar 1
48 School St
48 School StSalem, MA 01970
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Rent Specials
$1,610 - $2,070
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Residences at St. James
160 Federal StSalem, MA 01970
160 Federal St
SalemMA01970
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$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
2 Devereaux St, Unit 1
2 Devereaux StSalem, MA 01970
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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Peabody Town Center, Peabody, MA Local Guide
Peabody Town Center by massmatt is licensed under CC BY 2.0
How much does it cost to rent an apartment in Peabody Town Center?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Peabody Town Center Studio Apartments | $1,530 | $1,450 | $1,610 |
| Peabody Town Center 1 Bedroom Apartments | $2,113 | $1,450 | $2,580 |
| Peabody Town Center 2 Bedroom Apartments | $2,768 | $1,600 | $3,835 |
| Peabody Town Center 3 Bedroom Apartments | $2,824 | $2,600 | $3,150 |
| Peabody Town Center 4 Bedroom Apartments | $3,750 | $3,750 | $3,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Peabody Town Center Neighborhood of Peabody, MA.
See all Apartments in PeabodyExplore Peabody
Peabody Town Center, Peabody, MA Local Guide
- Nearby Peabody neighborhoods
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Cheapest Available Peabody Town Center Apartments for Rent
The cheapest available apartment rental in the Peabody Town Center area of Boston, MA is a Studio unit found at Peabody Place, LLC. priced from $1,300. The Residences at St. James has the second lowest priced unit, which is a Studio apartment currently listed from $1,610. Here are the most affordable Peabody Town Center apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Peabody Place, LLC. | 0BR/1.0BA | Studio,1BA | $1,300 |
| The Residences at St. James | Studio 60% | Studio,1BA | $1,610 |
| Halstead Salem Station | A3 - Affordable | 1BR,1BA | $2,241 |
Best Value Apartments for Rent in Peabody Town Center, MA
As of February 24, 2026 the best value apartment in the Peabody Town Center area is the $2.69 price per square foot 2 Bed 1 bath Model at River Properties in the in the South Salem neighborhood starting from $2,800. The second greatest value Peabody Town Center apartment is the 4 Northend St Model at 4 Northend St, Unit 1 starting at $2,400 with a $2.40 price per square foot in the South Peabody neighborhood. Here is today’s list of the best values for Peabody Town Center apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Properties | 2 Bed 1 bath | 2BR,1BA | $2.69 |
| 4 Northend St, Unit 1 | 4 Northend St | 2BR,1BA | $2.40 |
| 2 Devereaux St, Unit 1 | 2 Devereaux St | 1BR,1BA | $2.00 |
| Grove Street Landing | 1E | 1BR,1BA | $3.59 |
| Halstead Salem Station | A3 | 1BR,1BA | $3.83 |
| The Residences at St. James | Studio 60% | Studio ,1BA | $3.58 |
| Peabody Place, LLC. | 0BR/1.0BA | Studio ,1BA | $5.10 |
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.
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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.
Read ArticleCash 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.
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Pet Friendly LifestylePeabody Town Center, Peabody, MA
Ranked #4
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Peabody Town Center Apartments
What is the price of a cheap apartment in Peabody Town Center?
The cheapest apartment in Peabody Town Center is The Residences at St. James which is listed at $1,725, while the average apartment in Peabody Town Center costs $3,750.
What types of apartments are the cheapest in Peabody Town Center?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Peabody Town Center that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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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The 10 Best Affordable Neighborhoods in Boston, MA
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Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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Renting your next home can feel thrilling and overwhelming at the same time.
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Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.