
Cheap Apartments for Rent in the Proctor Neighborhood of Peabody, MA from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Proctor area of Peabody.


Total Monthly Price
14 North

Terrace Estates Apartments

Total Monthly Price
eaves Peabody

Terrace Gardens
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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 | $2,999 | $2,999 | $2,999 |
| Proctor 1 Bedroom Apartments | $2,335 | $1,900 | $2,831 |
| Proctor 2 Bedroom Apartments | $2,794 | $2,425 | $3,607 |
| Proctor 3 Bedroom Apartments | $3,035 | $2,650 | $3,552 |
| Proctor 4 Bedroom Apartments | $3,100 | $3,100 | $3,100 |
Browse Apartments in this Neighborhood
There are currently 22 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 | $2,399 |
| 14 North | Arbor Meadows (A1F/A1G/A1H) | 1BR,1BA | $2,400 |
Best Value Apartments for Rent in Proctor, MA
As of December 08, 2025 the best value apartment in the Proctor area is the $2.67 price per square foot Cypress Gardens (C2) Model at 14 North in the in the Choate Farm neighborhood starting from $3,380. The second greatest value Proctor apartment is the Prospect Model at Essex Apartment Homes starting at $2,399 with a $2.91 price per square foot in the Choate Farm 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. |
|---|---|---|---|
| 14 North | Cypress Gardens (C2) | 3BR,2BA | $2.67 |
| Essex Apartment Homes | Prospect | 1BR,1BA | $2.91 |
| eaves Peabody | A1 | 1BR,1BA | $3.44 |
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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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.
Pet Friendly LifestyleProctor, Peabody, MA
Ranked #4
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $2,399 at Essex Apartment Homes.
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 $2,706 at 14 North.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
















