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$2,249Studio Apartments Available Now
Furnished Studio-Boston - Peabody
200 Jubilee DrPeabody, MA 01960
Cheap Apartments for Rent in the West Peabody Neighborhood of Peabody, MA from $2,200 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Peabody area of Peabody.
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$2,327 - $3,756
Total Monthly Price
Base Rent$2,312 - $3,741
Required Monthly Fees$15
Total Monthly Price$2,327 - $3,756
14 North
1000 Crane Brook WayPeabody, MA 01960
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Rent Specials
$2,348 - $3,348
Total Monthly Price
Base Rent$2,290 - $3,290
Required Monthly Fees$58
Total Monthly Price$2,348 - $3,348
eaves Peabody
51 Keys DrPeabody, MA 01960
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Rent Specials
$2,353 - $4,265
Total Monthly Price
Base Rent$2,353 - $4,265
Total Monthly PriceVaries
Alexan Peabody
128 Newbury StPeabody, MA 01960
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$2,385 - $4,235
Total Monthly Price
Base Rent$2,385 - $4,235
Total Monthly Price$2,385 - $4,235
Highlands at Dearborn Apartments
19 Magnolia WayPeabody, MA 01960
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead
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$2,545 - $4,167
Total Monthly Price
Base Rent$2,545 - $4,167
Total Monthly Price$2,545 - $4,167
Essex Apartment Homes
One Avalon DrPeabody, MA 01960
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$2,596 - $5,156
Total Monthly Price
Base Rent$2,596 - $5,156
Total Monthly PriceVaries
Jayden Apartments
7 Dearborn RdPeabody, MA 01960
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2 Bedroom Apartments
Peabody Park
48 Prospect StPeabody, MA 01960
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Rent Specials
$2,101 - $3,797
Total Monthly Price
Base Rent$2,101 - $3,797
Total Monthly PriceVaries
Lynnfield Commons
375 BroadwayLynnfield, MA 01940
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Rent Specials
$2,200 - $2,950
Total Monthly Price
Base Rent$2,200 - $2,950
Total Monthly Price$2,200 - $2,950
Colonial Point Apartments
95 Audubon RdWakefield, MA 01880
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$2,295 - $3,486
Total Monthly Price
Base Rent$2,295 - $3,486
Total Monthly Price$2,295 - $3,486
Sofi Danvers
180 Newbury StDanvers, MA 01923
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$2,298 - $17,506
Total Monthly Price
Base Rent$2,298 - $17,506
Total Monthly PriceVaries
Everly
14 Audubon RdWakefield, MA 01880
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$2,305 - $3,613
Total Monthly Price
Base Rent$2,290 - $3,598
Required Monthly Fees$15
Total Monthly Price$2,305 - $3,613
Bradlee Danvers
50 Kirkbride DrDanvers, MA 01923
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$2,350 - $3,250
Total Monthly Price
Base Rent$2,350 - $3,250
Total Monthly Price$2,350 - $3,250
Michaels Landing
2 BroadwayLynnfield, MA 01940
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1 to 2 Bedroom Apartments
The Arthur - Lynnfield
160 Moulton DrLynnfield, MA 01940
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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West Peabody, Peabody, MA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in West Peabody?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| West Peabody Studio Apartments | $3,603 | $2,249 | $10,000+ |
| West Peabody 1 Bedroom Apartments | $2,775 | $2,200 | $8,854 |
| West Peabody 2 Bedroom Apartments | $3,195 | $2,558 | $10,000+ |
| West Peabody 3 Bedroom Apartments | $3,643 | $2,850 | $4,265 |
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 15 rentals with your search options within a 3 mile radius of the West Peabody Neighborhood of Peabody, MA.
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Cheapest Available West Peabody Apartments for Rent
The cheapest available apartment rental in the West Peabody area of Boston, MA is a 1 Bed unit found at Colonial Point Apartments priced from $2,200. Lynnfield Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,286. Here are the most affordable West Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Point Apartments | 1 Bedroom | 1BR, 1BA | $2,200 |
| Lynnfield Commons | Barberry | 1BR, 1BA | $2,286 |
| Sofi Danvers | One Bed One Bath 1A | 1BR, 1BA | $2,295 |
| Everly | Studio (632 SF) | Studio, 1BA | $2,298 |
| 14 North | Aster Gardens (A1B) | 1BR, 1BA | $2,327 |
Best Value Apartments for Rent in West Peabody, MA
As of September 23, 2026 the best value apartment in the West Peabody area is the $1.88 price per square foot 2 Bedroom Plus Loft Model at Townhomes at 23 Prince-2000 SF in the Choate Farm neighborhood starting from $3,750. The second greatest value West Peabody apartment is the 611 Salem St Model at 611 Salem St, Unit 2 in the West Peabody neighborhood starting at $3,000 with a $2.50 price per square foot. Here is today’s list of the best values for West Peabody apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhomes at 23 Prince-2000 SF | 2 Bedroom Plus Loft | 2BR, 1.5BA | $1.88 |
| 611 Salem St, Unit 2 | 611 Salem St | 2BR, 2BA | $2.50 |
| Lynnfield Commons | Balsam | 2BR, 2BA | $2.68 |
| Bradlee Danvers | Two Bedroom B2D3 | 2BR, 2BA | $2.71 |
| Jayden Apartments | B2 | 2BR, 2BA | $2.86 |
| Colonial Point Apartments | 1 Bedroom | 1BR, 1BA | $2.55 |
| Essex Apartment Homes | Prospect | 1BR, 1BA | $3.09 |
| 14 North | Alpine Meadows (A1C) | 1BR, 1BA | $3.51 |
| Sofi Danvers | One Bedroom One Bath 1C | 1BR, 1BA | $3.08 |
| Highlands at Dearborn Apartments | The Attitash | 1BR, 1BA | $3.48 |
Frequently Asked Questions about Cheap West Peabody Apartments
What is a cheap apartment in West Peabody?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in West Peabody is under $2,545.
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 $2,868.
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 5 regular apartments in West Peabody that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in West Peabody?
Cheap apartments in West Peabody have an average cost of $142 which is $2,726 cheaper than the average rent for all rentals in West Peabody.
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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