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$1,900 - $2,550
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTerrace Gardens
2 Esquire DrPeabody, MA 01960
Cheap Apartments for Rent in the Peabody Town Center Neighborhood of Peabody, MA from $600 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peabody Town Center area of Peabody.
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$1,350 - $1,500
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySalem Heights
12 Pope StSalem, MA 01970
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$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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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 | $1,610 | $1,610 | $1,610 |
| Peabody Town Center 1 Bedroom Apartments | $2,160 | $1,350 | $2,810 |
| Peabody Town Center 2 Bedroom Apartments | $2,681 | $1,500 | $3,750 |
| Peabody Town Center 3 Bedroom Apartments | $3,107 | $2,650 | $4,705 |
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 6 rentals with your search options within a 2 mile radius of the Peabody Town Center Neighborhood of Peabody, MA.
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Peabody Town Center, Peabody, MA Local Guide
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Cheapest Available Peabody Town Center Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at St. James | Studio 60% | Studio,1BA | $1,610 |
| Halstead Salem Station | B8 | 2BR,2BA | $3,095 |
Best Value Apartments for Rent in Peabody Town Center, MA
As of November 10, 2025 the best value apartment in the Peabody Town Center area is the $2.85 price per square foot B8 Model at Halstead Salem Station in the in the South Salem neighborhood starting from $3,095. The second greatest value Peabody Town Center apartment is the 19 Nichols St Model at 19 Nichols St, Unit 19 Nichols ST unit #3 starting at $2,500 with a $2.78 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Halstead Salem Station | B8 | 2BR,2BA | $2.85 |
| 19 Nichols St, Unit 19 Nichols ST unit #3 | 19 Nichols St | 2BR,1BA | $2.78 |
| The Residences at St. James | Studio 60% | Studio ,1BA | $3.58 |
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Pet Friendly LifestylePeabody Town Center, Peabody, MA
Ranked #7
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 $2,750.
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 3 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
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.
The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.