$1,000
Total Monthly Price12 Month Lease Term
Total Monthly Price
Base Rent
$1,000
Utilities & Essentials
Varies
Total Monthly Price
$1,000
1 Bedroom, 2 Bath Home for Rent
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33 Sunset Dr
PeabodyMA01960
Cheap Homes for Rent in South Peabody Neighborhood of Peabody, MA from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the South Peabody area of Peabody.
33 Sunset Dr
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.
37 Osborne Hill Dr
SalemMA01970
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
86 Main St
PeabodyMA01960
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South Peabody, Peabody, MA Local Guide
Peabody Town Center by massmatt is licensed under CC BY 2.0
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 | $2,987 | $2,300 | $4,000 |
| South Peabody 3 Bedroom Homes for Rent | $3,350 | $3,200 | $3,500 |
| South Peabody 4 Bedroom Homes for Rent | $3,400 | $2,800 | $4,000 |
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 3 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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Best Value Apartments for Rent in South Peabody, MA
As of December 03, 2025 the best value apartment in the South Peabody area is the $2.85 price per square foot B2 Model at Jayden Apartments in the in the South Peabody neighborhood starting from $3,180. The second greatest value South Peabody apartment is the 6 Wheeler St Model at 6 Wheeler St, Unit 1 starting at $2,100 with a $2.03 price per square foot in the South Salem 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. |
|---|---|---|---|
| Jayden Apartments | B2 | 2BR,2BA | $2.85 |
| 6 Wheeler St, Unit 1 | 6 Wheeler St | 1BR,1BA | $2.03 |
| Traders Row | A1CH | 1BR,1BA | $3.08 |
| Highlands at Dearborn Apartments | The Attitash | 1BR,1BA | $3.30 |
| Alexan Peabody | S1 | Studio ,1BA | $3.98 |
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 Article
The 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.
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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
3.5Pet Friendly
Frequently Asked Questions about South Peabody
What type of rentals are currently available in South Peabody?
There are currently 73 Apartments for Rent in South Peabody, MA with pricing that ranges from $1,900 to $4,175. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Peabody ranging from $1,000 to $4,000.
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 $1,000 to $4,000 with an average monthly rent of $2,746.
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!