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
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

126 Lowell St

PeabodyMA01960
property at 75 Walnut St
$1,850 - $2,800

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
1 To 2 Bedroom Rentals
Available Now
Affordability

75 Walnut St

PeabodyMA01960
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Terrace Gardens
Rent Specials
$1,925 - $2,575

Total Monthly Price

Base Rent$1,925 - $2,575

Total Monthly Price$1,925 - $2,575
12 Month Lease Term
1 to 2 Bedroom Apartments Available Soon

Terrace Gardens

2 Esquire DrPeabody, MA 01960
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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

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eaves Peabody
Rent Specials
$2,248 - $3,348

Total Monthly Price

Base Rent$2,190 - $3,290
Required Monthly Fees$58

Total Monthly Price$2,248 - $3,348
1 to 2 Bedroom Apartments Available Sep 22

eaves Peabody

51 Keys DrPeabody, MA 01960
Furnished
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  • Customer Reviewed
  • Utilities Included
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2 Main Street
Studio Apartments

2 Main Street

2 Main StPeabody, MA 01960

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property at 72 Lowell St
$1,950

Total Monthly Price

Base Rent$1,950

Total Monthly Price$1,950
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

72 Lowell St

PeabodyMA01960
property at 7 Spring St Ct
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

7 Spring St Ct

PeabodyMA01960
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Gardner Commons
2 Bedroom Apartments

Gardner Commons

22 Pulaski StPeabody, MA 01960
property at 6 Mead St
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
1 Bedroom, 1 Bath Home for Rent
Available Oct 1
Cost Per Sq.Ft.

6 Mead St

DanversMA01923
property at 35 Collins St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
12 Month Lease Term
2 Bedroom, 2 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

35 Collins St, Unit 92

35 Collins St
DanversMA01923

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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 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 ListingModel NameBed/BathPriced From
14 NorthAster Gardens (A1B)1BR, 1BA$2,355
Rosenfelt Building, LLC.2BR/1.0BA2BR, 1BA$2,500
Essex Apartment HomesProspect1BR, 1BA$2,570
7 Oak Peabody LLC2BR/1.0BA2BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1 James St, Unit 21 James St4BR, 2BA$3.15
6 Berry St, Unit 16 Berry St2BR, 1BA$1.92
eaves PeabodyB22BR, 1BA$2.96
Essex Apartment HomesProspect1BR, 1BA$3.12
Rosenfelt Building, LLC.2BR/1.0BA2BR, 1BA$3.29
14 NorthAster Gardens (A1B)1BR, 1BA$3.12

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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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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