20 Central St
PeabodyMA01960
Cheap Apartments for Rent in the Peabody Town Center Neighborhood of Peabody, MA from $600 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Peabody Town Center area of Peabody.
76 Lowell St
PeabodyMA01960
17-19 Bowditch St
PeabodyMA01960
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Rent Specials
$1,925 - $2,575
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityTerrace Gardens
2 Esquire DrPeabody, MA 01960
122 Lowell St
PeabodyMA01960
11 Park St
PeabodyMA01960
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$2,225 - $3,175
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityTerrace Estates Apartments
143 Shore DrPeabody, MA 01960
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$2,3823 Bedroom Apartments Available Now
52 Washington St
52 Washington StPeabody, MA 01960
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$2,400
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,400
Total Monthly Price
$2,400
6 Berry St, Unit 1, Unit 1
6 Berry StPeabody, MA 01960
4 Northend 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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2 Bedroom Apartments
Gardner Commons
22 Pulaski StPeabody, MA 01960
8 Walnut St
PeabodyMA01960
16 Paleologos St
PeabodyMA01960
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$1,400 - $2,070
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Residences at St. James
160 Federal StSalem, MA 01970
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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
160 Federal St
SalemMA01970
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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$2,000 - $3,530
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowGrove Street Landing
64 Grove StSalem, MA 01970
134 Boston St, Unit 1F, Unit 1F
134 Boston St
SalemMA01970
28 1/2 Grove St
SalemMA01970
55 Buffum St
SalemMA01970
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Rent Specials
$2,391 - $4,900
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,391 - $4,900
Total Monthly Price
Varies
Halstead Salem Station
72 Flint StSalem, MA 01970
210 North St
SalemMA01970
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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1 to 3 Bedroom Apartments
122 Boston
122 Boston StSalem, MA 01970
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1 to 3 Bedroom Apartments
River Rock Residences
92 Boston StSalem, MA 01970
Showing Results 1-26, Page 1 of 1
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 | $1,670 | $1,100 | $2,150 |
| Peabody Town Center 1 Bedroom Apartments | $2,269 | $1,450 | $2,920 |
| Peabody Town Center 2 Bedroom Apartments | $2,757 | $1,600 | $3,560 |
| Peabody Town Center 3 Bedroom Apartments | $3,316 | $2,382 | $4,900 |
| Peabody Town Center 4 Bedroom Apartments | $3,700 | $3,700 | $3,700 |
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 26 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 The Residences at St. James priced from $1,400. Grove Street Landing has the second lowest priced unit, which is a Studio apartment currently listed from $2,150. Here are the most affordable Peabody Town Center apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at St. James | Studio 60% | Studio,1BA | $1,400 |
| Grove Street Landing | S1 | Studio,1BA | $2,150 |
| Halstead Salem Station | A3 - Affordable | 1BR,1BA | $2,391 |
| River Properties | 1 bed 1 bath w/ Balcony | 1BR,1BA | $2,495 |
Best Value Apartments for Rent in Peabody Town Center, MA
As of April 10, 2026 the best value apartment in the Peabody Town Center area is the $1.94 price per square foot 84 Endicott St Model at 84 Endicott St, Unit 1-R in the in the South Peabody neighborhood starting from $3,500. The second greatest value Peabody Town Center apartment is the 6 Berry St Model at 6 Berry St, Unit 1 starting at $2,400 with a $2.00 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. |
|---|---|---|---|
| 84 Endicott St, Unit 1-R | 84 Endicott St | 3BR,1BA | $1.94 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $2.00 |
| River Properties | 1 bed 1 bath w/ Balcony | 1BR,1BA | $3.21 |
| Halstead Salem Station | A3 | 1BR,1BA | $3.80 |
| Grove Street Landing | S1 | Studio ,1BA | $4.41 |
| The Residences at St. James | Studio 60% | Studio ,1BA | $3.11 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe 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.
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.
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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 a cheap apartment in Peabody Town Center?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peabody Town Center is under $2,495.
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 $3,700.
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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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.