126 Lowell St
PeabodyMA01960
Cheap Apartments for Rent in the Proctor Neighborhood of Peabody, MA from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Proctor area of Peabody.
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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
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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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$2,250
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,250
Total Monthly Price
$2,250
6 Berry St, Unit 1, Unit 1
6 Berry StPeabody, MA 01960
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Rent Specials
$2,253 - $2,888
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,195 - $2,830
Required Monthly Fees
$58
Total Monthly Price
$2,253 - $2,888
eaves Peabody
51 Keys DrPeabody, MA 01960
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Studio Apartments
2 Main Street
2 Main StPeabody, MA 01960
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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Studio to 2 Bedroom Apartments
Peabody Place, LLC.
115 Lowell StPeabody, MA 01960
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2 Bedroom Apartments
Gardner Commons
22 Pulaski StPeabody, MA 01960
286 Newbury St
PeabodyMA01960
86 Main St
PeabodyMA01960
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1 Bedroom Apartments
Perry Street Apartments
11 Perry DrDanvers, MA 01923
2 McDewell Ave
DanversMA01923
147 Sylvan St
DanversMA01923
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.
Showing Results 1-14, Page 1 of 1
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 | $3,270 | $3,270 | $3,270 |
| Proctor 1 Bedroom Apartments | $2,582 | $1,800 | $3,445 |
| Proctor 2 Bedroom Apartments | $2,931 | $2,250 | $4,847 |
| Proctor 3 Bedroom Apartments | $3,251 | $2,675 | $3,972 |
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 14 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
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Essex Apartment Homes | Prospect | 1BR,1BA | $2,530 |
| 14 North | Bougainvillea Meadows (B2H) | 2BR,2BA | $2,972 |
Best Value Apartments for Rent in Proctor, MA
As of May 09, 2026 the best value apartment in the Proctor area is the $1.78 price per square foot 84 Endicott St Model at 84 Endicott St, Unit 1-R in the in the South Peabody neighborhood starting from $3,200. The second greatest value Proctor apartment is the 6 Berry St Model at 6 Berry St, Unit 1 starting at $2,250 with a $1.88 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 | $1.78 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $1.88 |
| 14 North | Bayberry Shores (B2F) | 2BR,2BA | $2.66 |
| 4 Berry St | 4 Berry St | 3BR,1BA | $3.20 |
| Essex Apartment Homes | Prospect | 1BR,1BA | $3.07 |
| eaves Peabody | A1 | 1BR,1BA | $3.48 |
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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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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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 eaves Peabody which is listed at $2,253, while the average apartment in Proctor costs $3,270.
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.
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: Christine Leonard, Esq.
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