Cheap Apartments for Rent in the Peabody Town Center Neighborhood of Peabody, MA from $1,000 (12 Rentals)

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

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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2 Main Street
Studio Apartments

2 Main Street

2 Main StPeabody, MA 01960

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.

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Peabody Town Center, Peabody, MA Local Guide

Cheapest Available Peabody Town Center Apartments for Rent

 

The cheapest available apartment rental in the Peabody Town Center area of Boston, MA is a 1 Bed unit found at Essex Apartment Homes priced from $2,429. The Beverly Collection: The Block has the second lowest priced unit, which is a Studio apartment currently listed from $2,438. Here are the most affordable Peabody Town Center apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Essex Apartment HomesProspect1BR,1BA$2,429
The Beverly Collection: The BlockBlock S1D | Studio | 1 BathStudio,1BA$2,438
Hawthorne CommonsThe McIntire1BR,1BA$2,569

Best Value Apartments for Rent in Peabody Town Center, MA

As of May 29, 2025 the best value apartment in the Peabody Town Center area is the $2.00 price per square foot 73 School St Model at 73 School St, Unit #3 in the in the North Salem neighborhood starting from $2,600. The second greatest value Peabody Town Center apartment is the 46 Holten St Model at 46 Holten St, Unit #1 starting at $2,400 with a $2.00 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for Peabody Town Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
73 School St, Unit #373 School St2BR,1BA$2.00
46 Holten St, Unit #146 Holten St2BR,1BA$2.00
8 Fowler St, Unit 28 Fowler St2BR,1BA$2.55
River Properties215 River Rock Residences2BR,2BA$2.88
26 Northend St, Unit #226 Northend St2BR,1BA$2.40
47 Holten St, Unit #147 Holten St3BR,1BA$2.90
9 Bowditch St, Unit #29 Bowditch St2BR,1BA$2.40
91 Lowell St, Unit #391 Lowell St2BR,1BA$2.60
85 Lowell St, Unit #185 Lowell St2BR,1BA$2.67
21 N Central St, Unit #221 N Central StStudio ,1BA$2.76

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Peabody Town Center, Peabody, MA

Ranked #3

Among neighborhoods in Peabody, MA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Peabody Town Center Apartments

What is the Cheapest Studio apartment in Peabody Town Center?

Currently the most affordable Cheap Studio Apartment in Peabody Town Center is at The Beverly Collection: The Block listed at $2,447.

How much is rent for a Cheap One Bedroom Peabody Town Center Apartment?

The lowest price for a Cheap One Bedroom Peabody Town Center Apartment is $2,429 at Essex Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Peabody Town Center Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Peabody Town Center is starting from $2,775 at Essex Apartment Homes.

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.

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