
Cheap Apartments for Rent in the Proctor Neighborhood of Peabody, MA from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Proctor area of Peabody.


126 Lowell St

75 Walnut St

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Terrace Gardens

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Terrace Estates Apartments
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

Total Monthly Price
eaves Peabody

Furnished Studio-Boston - Peabody

Total Monthly Price
6 Berry St, Unit 1

2 Main Street

Peabody Place, LLC.
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72 Lowell St

7 Spring St Ct

Gardner Commons

6 Mead St

35 Collins St, Unit 92
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Perry Street Apartments
Proctor, Peabody, MA Local Guide

How much does it cost to rent an apartment in Proctor?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Proctor Studio Apartments | $2,249 | $2,249 | $2,249 |
| Proctor 1 Bedroom Apartments | $2,444 | $1,850 | $3,445 |
| Proctor 2 Bedroom Apartments | $2,842 | $2,300 | $4,148 |
| Proctor 3 Bedroom Apartments | $3,183 | $2,675 | $3,796 |
| Proctor 4 Bedroom Apartments | $4,100 | $4,100 | $4,100 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Proctor Neighborhood of Peabody, MA.
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Proctor, Peabody, MA Local Guide
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Cheapest Available Proctor Apartments for Rent
 The cheapest available apartment rental in the Proctor area of Boston, MA is a 1 Bed unit found at 14 North priced from $2,355. Rosenfelt Building, LLC. has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,500. Here are the most affordable Proctor apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 14 North | Aster Gardens (A1B) | 1BR, 1BA | $2,355 |
| Rosenfelt Building, LLC. | 2BR/1.0BA | 2BR, 1BA | $2,500 |
| Essex Apartment Homes | Prospect | 1BR, 1BA | $2,570 |
| 7 Oak Peabody LLC | 2BR/1.0BA | 2BR, 1BA | $2,600 |
Best Value Apartments for Rent in Proctor, MA
As of September 22, 2026 the best value apartment in the Proctor area is the $3.15 price per square foot 1 James St Model at 1 James St, Unit 2 in the South Peabody neighborhood starting from $4,100. The second greatest value Proctor apartment is the 6 Berry St Model at 6 Berry St, Unit 1 in the South Peabody neighborhood starting at $2,300 with a $1.92 price per square foot. Here is today’s list of the best values for Proctor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1 James St, Unit 2 | 1 James St | 4BR, 2BA | $3.15 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR, 1BA | $1.92 |
| eaves Peabody | B2 | 2BR, 1BA | $2.96 |
| Essex Apartment Homes | Prospect | 1BR, 1BA | $3.12 |
| Rosenfelt Building, LLC. | 2BR/1.0BA | 2BR, 1BA | $3.29 |
| 14 North | Aster Gardens (A1B) | 1BR, 1BA | $3.12 |
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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.
Best Local Schools in Proctor, Peabody, MA
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Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Massachusetts including Proctor, Peabody, and the greater Boston area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Proctor Apartments
What is the price of a cheap apartment in Proctor?
The cheapest apartment in Proctor is 14 North which is listed at $2,355, while the average apartment in Proctor costs $2,625.
What types of apartments are the cheapest in Proctor?
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 5 regular apartments in Proctor that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Proctor?
Cheap apartments in Proctor have an average cost of $352 which is $2,273 cheaper than the average rent for all rentals in Proctor.
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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