52 County St
PeabodyMA01960
Cheap Homes for Rent in South Peabody Neighborhood of Peabody, MA from $1,900 (6 Rentals)
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$2,3823 Bedroom Apartments Available Now
52 Washington St
52 Washington StPeabody, MA 01960
406 Broadway
LynnMA01904
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.
86 Main St
PeabodyMA01960
3 Lynnfield St
PeabodyMA01960
24 Hancock St
PeabodyMA01960
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.
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South Peabody, Peabody, MA Local Guide
How much does it cost to rent a home in South Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| South Peabody 2 Bedroom Homes for Rent | $3,025 | $2,400 | $3,700 |
| South Peabody 3 Bedroom Homes for Rent | $3,925 | $3,100 | $4,500 |
| South Peabody 4 Bedroom Homes for Rent | $4,625 | $4,250 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the South Peabody Neighborhood of Peabody, MA.
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South Peabody, Peabody, MA Local Guide
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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 2 Beds unit found at Ezio‘s Place priced from $2,292. Jayden Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,471. Here are the most affordable South Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath (MAY-JUNE 2026) | 2BR,1BA | $2,292 |
| Jayden Apartments | A1 | 1BR,1BA | $2,471 |
| Alexan Peabody | A2 | 1BR,1BA | $2,770 |
Best Value Apartments for Rent in South Peabody, MA
As of April 28, 2026 the best value apartment in the South Peabody area is the $1.94 price per square foot 84 Endicott St Model at 84 Endicott St, Unit 1-R in the in the South Peabody neighborhood starting from $3,500. The second greatest value South Peabody apartment is the 6 Berry St Model at 6 Berry St, Unit 1 starting at $2,400 with a $2.00 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 | $1.94 |
| 6 Berry St, Unit 1 | 6 Berry St | 2BR,1BA | $2.00 |
| 154 Jenness St, Unit 2 | 154 Jenness St | 3BR,1BA | $2.91 |
| Traders Row | B2D | 2BR,2BA | $2.90 |
| Highlands at Dearborn Apartments | The Nashoba | 2BR,1BA | $2.99 |
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath (MAY-JUNE 2026) | 2BR,1BA | $2.70 |
| Alexan Peabody | A2 | 1BR,1BA | $3.57 |
| Jayden Apartments | A1 | 1BR,1BA | $3.22 |
| 296 Lynn St, Unit #C | 296 Lynn St | 2BR,1BA | $3.33 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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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
Frequently Asked Questions about South Peabody
What type of rentals are currently available in South Peabody?
There are currently 85 Apartments for Rent in South Peabody, MA with pricing that ranges from $1,800 to $3,970. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Peabody ranging from $1,900 to $5,000.
What is the current price range for Rental Homes in South Peabody?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Peabody ranges from $1,900 to $5,000 with an average monthly rent of $3,368.
How much are larger Three and Four Bedroom Rentals in South Peabody?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Peabody range from $2,382 to $3,970, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,100 to $4,500. Four Bedroom Single-Family rentals are also available starting from $4,250 and Four Bedroom Apartments start at $3,700.
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.
Helpful Local Expert Guides
The 10 Best Affordable Neighborhoods in Boston, MA
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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.