Cheap Homes for Rent in Peabody Town Center Neighborhood of Peabody, MA from $2,200 (5 Rentals)

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

property at 26 Shillaber St

26 Shillaber St

SalemMA01970

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.

property at 86 Endicott St

86 Endicott St, Unit D

86 Endicott St
PeabodyMA01960

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.

property at 46 Lowell St

46 Lowell St, Unit B

46 Lowell St
PeabodyMA01960

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 2 Beds unit found at Gardner Commons priced from $2,300. River Properties has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,800. Here are the most affordable Peabody Town Center apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Gardner Commons2 Bed/1 Bath2BR,1BA$2,300
River Properties313 North River Apartments2BR,1BA$2,800
Halstead Salem StationB82BR,2BA$3,140

Best Value Apartments for Rent in Peabody Town Center, MA

As of September 15, 2025 the best value apartment in the Peabody Town Center area is the $2.98 price per square foot B4 Model at Halstead Salem Station in the in the South Salem neighborhood starting from $3,170. The second greatest value Peabody Town Center apartment is the 313 North River Apartments Model at River Properties starting at $2,800 with a $2.67 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.
Halstead Salem StationB42BR,2BA$2.98
River Properties313 North River Apartments2BR,1BA$2.67
86 Endicott St, Unit D86 Endicott St2BR,1BA$3.23
Gardner Commons2 Bed/1 Bath2BR,1BA$3.01

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Peabody Town Center, Peabody, MA

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Peabody Town Center

What type of rentals are currently available in Peabody Town Center?

There are currently 88 Apartments for Rent in Peabody Town Center, MA with pricing that ranges from $1,350 to $4,795. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody Town Center ranging from $2,200 to $4,500.

What is the current price range for Rental Homes in Peabody Town Center?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Peabody Town Center ranges from $2,200 to $4,500 with an average monthly rent of $3,308.

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 The 10 Best Affordable Neighborhoods in Boston, MA article

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.

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.