
Cheap 1 Bedroom Apartments for Rent in the West Peabody Neighborhood of Peabody, MA from $2,200 (12 Rentals)


Ezio‘s Place

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14 North

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Essex Apartment Homes

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Jayden Apartments

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Highlands at Dearborn Apartments
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.

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Bradlee Danvers

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Colonial Point Apartments

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Everly

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Lynnfield Commons

Sofi Danvers

The Arthur - Lynnfield
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.
West Peabody, Peabody, MA Local Guide

How much does it cost to rent an apartment in West Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| West Peabody Studio Apartments | $3,118 | $2,151 | $5,520 |
West Peabody 1 Bedroom Apartments | $2,799 | $2,200 | $7,100 |
| West Peabody 2 Bedroom Apartments | $3,229 | $2,292 | $7,960 |
| West Peabody 3 Bedroom Apartments | $3,874 | $3,666 | $4,015 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the West Peabody Neighborhood of Peabody, MA.
See all Apartments in PeabodyExplore Peabody
Frequently Asked Questions about Cheap West Peabody Apartments
What is the price of a cheap apartment in West Peabody?
The cheapest apartment in West Peabody is Colonial Point Apartments which is listed at $2,200, while the average apartment in West Peabody costs $3,950.
What types of apartments are the cheapest in West Peabody?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in West Peabody that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.