126 Lowell St
PeabodyMA01960
Cheap Apartments for Rent in the South Peabody Neighborhood of Peabody, MA from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Peabody 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
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$2,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Jul 15Total Monthly Price
Base Rent
$2,200
Total Monthly Price
$2,200
13 Lowe St, Unit 2
13 Lowe StPeabody, 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
64 Foster St, Unit 403
64 Foster St
PeabodyMA01960
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Studio Apartments
2 Main Street
2 Main StPeabody, MA 01960
4 Mill St, Unit 9
4 Mill St
PeabodyMA01960
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.
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
37 Osborne Hill Dr
SalemMA01970
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$2,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$2,200
Total Monthly Price
$2,200
230 Broadway, Unit #2
230 BroadwayLynn, MA 01904
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$2,278 - $3,475
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,278 - $3,475
Total Monthly Price
Varies
Traders Row
45 Traders WaySalem, MA 01970
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1 to 2 Bedroom Apartments
Floating Bridge Pond
627-631 Eastern AveLynn, MA 01902
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
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 | $2,951 | $2,453 | $3,449 |
| South Peabody 1 Bedroom Apartments | $2,552 | $1,750 | $2,940 |
| South Peabody 2 Bedroom Apartments | $3,035 | $2,200 | $3,933 |
| South Peabody 3 Bedroom Apartments | $3,310 | $2,675 | $4,020 |
| South Peabody 4 Bedroom Apartments | $3,400 | $3,400 | $3,400 |
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 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. Jayden Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,442. Here are the most affordable South Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alexan Peabody | ZA1 | 1BR,1BA | $2,322 |
| Jayden Apartments | A1 | 1BR,1BA | $2,442 |
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath (JUNE-JULY 2026) | 2BR,1BA | $2,450 |
| Highlands at Dearborn Apartments | The Nashoba | 2BR,1BA | $3,020 |
| Traders Row | B2C | 2BR,2BA | $3,165 |
Best Value Apartments for Rent in South Peabody, MA
As of July 12, 2026 the best value apartment in the South Peabody 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 South Peabody 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 South Peabody 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 | $1.94 |
| Traders Row | B2C | 2BR,2BA | $3.06 |
| 85 Lynnfield St, Unit 1 | 85 Lynnfield St | 2BR,1BA | $2.80 |
| Highlands at Dearborn Apartments | The Nashoba | 2BR,1BA | $3.17 |
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath (JUNE-JULY 2026) | 2BR,1BA | $2.88 |
| Jayden Apartments | A1 | 1BR,1BA | $3.18 |
| Alexan Peabody | A3 | 1BR,1BA | $3.71 |
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 #5
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 Highlands at Dearborn Apartments and starts from $3,845.
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.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.