303 Broadway
LynnMA01904
Cheap Homes for Rent in South Peabody Neighborhood of Peabody, MA from $1,900 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the South Peabody area of Peabody.
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.
10 Elliott Pl
PeabodyMA01960
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Peabody 2 Bedroom Homes for Rent | $2,640 | $2,350 | $3,200 |
| South Peabody 3 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
| South Peabody 4 Bedroom Homes for Rent | $4,500 | $4,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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 July 29, 2025 the best value apartment in the South Peabody area is the $0.28 price per square foot 10 Winter St Model at 10 Winter St, Unit 1 in the in the South Salem neighborhood starting from $2,800. The second greatest value South Peabody apartment is the 10 Winter St Model at 10 Winter St, Unit 1 starting at $2,800 with a $0.28 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. |
|---|---|---|---|
| 10 Winter St, Unit 1 | 10 Winter St | 3BR,2BA | $0.28 |
| 10 Winter St, Unit 1 | 10 Winter St | 3BR,2BA | $0.28 |
| 6 Gedney Dr, Unit 3 | 6 Gedney Dr | 3BR,2.5BA | $2.78 |
| 36 Essex Green Ln, Unit 2 | 36 Essex Green Ln | 2BR,2.5BA | $2.68 |
| Traders Row | B2CH | 2BR,2BA | $2.95 |
| 175 Lynn St, Unit #1 | 175 Lynn St | 2BR,1BA | $2.58 |
| 9 Carlton St, Unit #3 | 9 Carlton St | 2BR,1BA | $2.20 |
| Ezio‘s Place | Affordable Unit (income restricted) | 1BR,1BA | $2.41 |
| Highlands at Dearborn Apartments | The Killington | 1BR,1BA | $3.19 |
| Gardner Commons | 2 Bed/1 Bath | 2BR,1BA | $3.01 |
Quick Rent Budget Calculator
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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 $5,650. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Peabody ranging from $1,950 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 $1,950 to $5,000 with an average monthly rent of $3,472.
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 $2,650 to $5,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,800 to $4,800. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $5,200.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.