
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.


Terrace Gardens

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eaves Peabody

Terrace Estates Apartments

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6 Berry St, Unit 1
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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.

Total Monthly Price
14 North

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Essex Apartment Homes

85 Lowell St

2 Main Street

Peabody Place, LLC.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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Gardner Commons

86 Main St

Peabody Park

Total Monthly Price
10 Merrill St, Unit 2

Perry Street Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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83 Holten St
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 | $3,444 | $3,444 | $3,444 |
| Proctor 1 Bedroom Apartments | $2,498 | $1,800 | $3,315 |
| Proctor 2 Bedroom Apartments | $2,876 | $2,325 | $3,962 |
| Proctor 3 Bedroom Apartments | $3,196 | $2,675 | $4,005 |
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.
See all Apartments in PeabodyExplore Peabody
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| eaves Peabody | A1 | 1BR,1BA | $2,183 |
| 14 North | Aster Gardens (A1B) | 1BR,1BA | $2,409 |
| Essex Apartment Homes | Prospect | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 84 Endicott St, Unit 1-R | 84 Endicott St | 3BR,1BA | $1.67 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $1.94 |
| Essex Apartment Homes | Prospect | 1BR,1BA | $3.04 |
| 14 North | Aster Gardens (A1B) | 1BR,1BA | $3.19 |
| eaves Peabody | A1 | 1BR,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.
Read ArticleReal 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.
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
School data provided by Great Schools
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
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A Local Experts Guide to the Top Boston Neighborhoods for College Renters
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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

Explore Like a Local: The Insider's Guide to Boston
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Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Pet-Friendly Renting: Everything You Need to Know Before You Move
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Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.