Cheap Apartments for Rent in the Proctor Neighborhood of Peabody, MA from $600 (16 Rentals)

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

property at 126 Lowell St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

126 Lowell St

PeabodyMA01960
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eaves Peabody
Rent Specials
$2,193 - $3,253
Total Monthly Price

Total Monthly Price

Base Rent
$2,135 - $3,195
Required Monthly Fees
$58

Total Monthly Price
$2,193 - $3,253
1 to 2 Bedroom Apartments Available Now

eaves Peabody

51 Keys DrPeabody, MA 01960
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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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14 North
$2,359 - $4,005
Total Monthly Price

Total Monthly Price

Base Rent
$2,344 - $3,990
Required Monthly Fees
$15

Total Monthly Price
$2,359 - $4,005
1 to 3 Bedroom Apartments Available Now

14 North

1000 Crane Brook WayPeabody, MA 01960
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 85 Lowell St

$2,550 - $2,650

Total Monthly Price

Total Monthly Price

Base Rent
$2,550

Total Monthly Price
$2,550

2 Bedroom Rentals

Available Now

85 Lowell St

PeabodyMA01960
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2 Main Street
Studio Apartments

2 Main Street

2 Main 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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Gardner Commons
2 Bedroom Apartments

Gardner Commons

22 Pulaski StPeabody, MA 01960
property at 86 Main St

$2,600

Total Monthly Price

Total Monthly Price

Base Rent
$2,600

Total Monthly Price
$2,600

2 Bedroom, 1 Bath Condo for Rent

Available Now

86 Main St

PeabodyMA01960
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Peabody Park
2 Bedroom Apartments

Peabody Park

48 Prospect StPeabody, MA 01960
Senior Living
  • Utilities Included
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10 Merrill St, Unit 2
$2,550
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,550

Total Monthly Price
$2,550
2 Bedroom Apartment Available Jul 3

10 Merrill St, Unit 2

10 Merrill StDanvers, MA 01923
  • Smoke Free

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property at 83 Holten St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

83 Holten St

DanversMA01923

Proctor, Peabody, MA Local Guide

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 eaves Peabody priced from $2,183. 14 North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,409. Here are the most affordable Proctor apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
eaves PeabodyA11BR,1BA$2,183
14 NorthAster Gardens (A1B)1BR,1BA$2,409
Essex Apartment HomesProspect1BR,1BA$2,506

Best Value Apartments for Rent in Proctor, MA

As of June 23, 2026 the best value apartment in the Proctor area is the $1.67 price per square foot 84 Endicott St Model at 84 Endicott St, Unit 1-R in the in the South Peabody neighborhood starting from $3,000. The second greatest value Proctor apartment is the 6 Berry St Model at 6 Berry St, Unit 1 starting at $2,325 with a $1.94 price per square foot in the South Peabody neighborhood. Here is today’s list of the best values for Proctor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
84 Endicott St, Unit 1-R84 Endicott St3BR,1BA$1.67
6 Berry St, Unit 16 Berry St2BR,1BA$1.94
Essex Apartment HomesProspect1BR,1BA$3.04
14 NorthAster Gardens (A1B)1BR,1BA$3.19
eaves PeabodyA11BR,1BA$3.37

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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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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

How much is rent for a Cheap One Bedroom Proctor Apartment?

The lowest price for a Cheap One Bedroom Proctor Apartment is $2,193 at eaves Peabody.

What is the lowest price for a Cheap Two Bedroom Proctor Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Proctor is starting from $2,835 at Essex Apartment Homes.

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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