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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
Cheap Apartments for Rent in the South Peabody Neighborhood of Peabody, MA from $600 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Peabody area of Peabody.
69 Washington St
PeabodyMA01960
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Rent Specials
$2,155 - $2,500
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowEzio‘s Place
2 Hotel AvePeabody, MA 01960
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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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$2,280
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,280
Total Monthly Price
$2,280
6 Berry St, Unit 1
6 Berry StPeabody, MA 01960
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$2,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1Total Monthly Price
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$2,300
Total Monthly Price
$2,300
76 Lynn St, Unit Second floor
76 Lynn StPeabody, MA 01960
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
24 Tracey St
PeabodyMA01960
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Rent Specials
$2,322 - $4,300
Plus Fees13 Month Lease Term
Studio to 3 Bedroom Apartments Available NowAlexan Peabody
128 Newbury StPeabody, MA 01960
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$2,400
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,400
Total Monthly Price
$2,400
74 Aborn St, Unit 3
74 Aborn StPeabody, MA 01960
122 Foster St
PeabodyMA01960
144 Washington St
PeabodyMA01960
25 Sherman St
PeabodyMA01960
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Studio Apartments
2 Main Street
2 Main StPeabody, MA 01960
4 Mill St, Unit 9
4 Mill St
PeabodyMA01960
4 Mill St, Unit 5
4 Mill St
PeabodyMA01960
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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
32 Chestnut St
PeabodyMA01960
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
37 Osborne Hill Dr
SalemMA01970
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$2,200 - $2,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Sep 1Total Monthly Price
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$2,200 - $2,300
Total Monthly Price
$2,200 - $2,300
230 Euclid Ave
230 Euclid AveLynn, MA 01904
980 Salem St
LynnfieldMA01940
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$2,278 - $3,475
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,278 - $3,475
Total Monthly Price
Varies
Traders Row
45 Traders WaySalem, MA 01970
391 Cedar Brook Rd
LynnMA01904
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1 to 2 Bedroom Apartments
Floating Bridge Pond
627-631 Eastern AveLynn, MA 01902
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
406 Broadway
LynnMA01904
15 Fair Oaks Ave
LynnMA01904
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South Peabody, Peabody, MA Local Guide
How much does it cost to rent an apartment in South Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| South Peabody Studio Apartments | $2,996 | $2,453 | $3,539 |
| South Peabody 1 Bedroom Apartments | $2,501 | $1,925 | $2,990 |
| South Peabody 2 Bedroom Apartments | $2,928 | $2,100 | $3,888 |
| South Peabody 3 Bedroom Apartments | $3,171 | $2,500 | $4,300 |
| South Peabody 4 Bedroom Apartments | $3,775 | $3,400 | $4,150 |
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 26 rentals with your search options within a 2 mile radius of the South Peabody Neighborhood of Peabody, MA.
See all Apartments in PeabodyExplore Peabody
South Peabody, Peabody, MA Local Guide
- Nearby Peabody neighborhoods
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Cheapest Available South Peabody Apartments for Rent
The cheapest available apartment rental in the South Peabody area of Boston, MA is a 1 Bed unit found at Alexan Peabody priced from $2,322. Ezio‘s Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,450. Here are the most affordable South Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alexan Peabody | ZA4 | 1BR,1BA | $2,322 |
| Ezio‘s Place | INCOME RESTRICTED | 2BR,2BA | $2,450 |
| Traders Row | A1B | 1BR,1BA | $2,485 |
| Highlands at Dearborn Apartments | The Cranmore | 1BR,1BA | $2,515 |
| Jayden Apartments | A1 | 1BR,1BA | $2,550 |
Best Value Apartments for Rent in South Peabody, MA
As of August 26, 2026 the best value apartment in the South Peabody area is the $2.00 price per square foot 74 Aborn St Model at 74 Aborn St, Unit 3 in the in the South Salem neighborhood starting from $2,400. The second greatest value South Peabody apartment is the 6 Berry St Model at 6 Berry St, Unit 1 starting at $2,280 with a $1.90 price per square foot in the South Peabody neighborhood. Here is today’s list of the best values for South Peabody apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 74 Aborn St, Unit 3 | 74 Aborn St | 2BR,1BA | $2.00 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $1.90 |
| Ezio‘s Place | INCOME RESTRICTED | 2BR,2BA | $2.33 |
| 85 Lynnfield St, Unit 2 | 85 Lynnfield St | 2BR,1BA | $2.60 |
| Jayden Apartments | A1 | 1BR,1BA | $3.32 |
| Traders Row | A1B | 1BR,1BA | $3.27 |
| Highlands at Dearborn Apartments | The Attitash | 1BR,1BA | $3.60 |
| Alexan Peabody | S1 | Studio ,1BA | $4.33 |
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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Pet Friendly LifestyleSouth Peabody, Peabody, MA
Ranked #7
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of rentals in cities and towns across the United States, including Peabody. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, family-friendly amenities, raising pets, transit options, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap South Peabody Apartments
How much is rent for a Cheap One Bedroom South Peabody Apartment?
The lowest price for a Cheap One Bedroom South Peabody Apartment is $2,322 at Alexan Peabody.
What is the lowest price for a Cheap Two Bedroom South Peabody Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Peabody is starting from $2,450 at Ezio‘s Place.
What is the most affordable South Peabody Three Bedroom Apartment?
The best deal on a cheap South Peabody Three Bedroom Apartment rental is at Alexan Peabody and starts from $4,105.
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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Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.