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Rent Specials
$2,262 - $4,105
Total Monthly Price13 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,262 - $4,105
Total Monthly Price
Varies
Alexan Peabody
128 Newbury StPeabody, MA 01960
Cheap Apartments for Rent in the West Peabody Neighborhood of Peabody, MA from $2,200 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Peabody area of Peabody.
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Rent Specials
$2,308 - $2,918
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,250 - $2,860
Required Monthly Fees
$58
Total Monthly Price
$2,308 - $2,918
eaves Peabody
51 Keys DrPeabody, MA 01960
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$2,384 - $4,147
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,369 - $4,132
Required Monthly Fees
$15
Total Monthly Price
$2,384 - $4,147
14 North
1000 Crane Brook WayPeabody, MA 01960
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$2,400 - $5,160
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,400 - $5,160
Total Monthly Price
$2,400 - $5,160
Highlands at Dearborn Apartments
19 Magnolia WayPeabody, MA 01960
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$2,400 - $3,500
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowEzio‘s Place
2 Hotel AvePeabody, MA 01960
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.
15 Bourbon St, Unit 15 Bourbon Street 71
15 Bourbon St
PeabodyMA01960
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Rent Specials
$2,467 - $4,927
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,467 - $4,927
Total Monthly Price
$2,467 - $4,927
Jayden Apartments
7 Dearborn RdPeabody, MA 01960
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$2,471 - $4,273
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,471 - $4,273
Total Monthly Price
$2,471 - $4,273
Essex Apartment Homes
One Avalon DrPeabody, MA 01960
19 Bourbon St, Unit 19 Bourbon St #87
19 Bourbon St
PeabodyMA01960
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2 Bedroom Apartments
Peabody Park
48 Prospect StPeabody, MA 01960
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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Rent Specials
$2,200 - $2,950
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,200 - $2,950
Total Monthly Price
$2,200 - $2,950
Colonial Point Apartments
95 Audubon RdWakefield, MA 01880
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$2,347 - $13,552
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,347 - $13,552
Total Monthly Price
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Everly
14 Audubon RdWakefield, MA 01880
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$2,370 - $4,224
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,355 - $4,209
Required Monthly Fees
$15
Total Monthly Price
$2,370 - $4,224
Bradlee Danvers
50 Kirkbride DrDanvers, MA 01923
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Rent Specials
$2,517 - $3,221
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,517 - $3,221
Total Monthly Price
$2,517 - $3,221
Lynnfield Commons
375 BroadwayLynnfield, MA 01940
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$2,677 - $3,810
Plus Fees
1 to 2 Bedroom Apartments Available NowSofi Danvers
180 Newbury StDanvers, MA 01923
Cash 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.
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1 to 2 Bedroom Apartments
The Arthur - Lynnfield
160 Moulton DrLynnfield, MA 01940
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2 Bedroom Apartments
259 Water St
259 Water StWakefield, MA 01880
Showing Results 1-17, Page 1 of 1
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 | $3,766 | $2,359 | $5,891 |
| West Peabody 1 Bedroom Apartments | $2,767 | $2,200 | $8,356 |
| West Peabody 2 Bedroom Apartments | $3,442 | $2,500 | $10,000+ |
| West Peabody 3 Bedroom Apartments | $3,906 | $3,500 | $4,224 |
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 17 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. Alexan Peabody has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,262. 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 |
| Alexan Peabody | ZA1 | 1BR,1BA | $2,262 |
| eaves Peabody | A1 | 1BR,1BA | $2,308 |
| Everly | Studio (632 SF) | Studio,1BA | $2,347 |
| Bradlee Danvers | One Bedroom A1C4 | 1BR,1BA | $2,370 |
Best Value Apartments for Rent in West Peabody, MA
As of June 12, 2026 the best value apartment in the West Peabody area is the $2.50 price per square foot TOP FLOOR 2BED 2BATH Model at Michaels Landing in the in the West Peabody neighborhood starting from $3,000. The second greatest value West Peabody apartment is the The Nashoba Model at Highlands at Dearborn Apartments starting at $3,000 with a $3.14 price per square foot in the South Peabody neighborhood. 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. |
|---|---|---|---|
| Michaels Landing | TOP FLOOR 2BED 2BATH | 2BR,2BA | $2.50 |
| Highlands at Dearborn Apartments | The Nashoba | 2BR,1BA | $3.14 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2.55 |
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath (JUNE-JULY 2026) | 2BR,1BA | $2.94 |
| Essex Apartment Homes | Prospect | 1BR,1BA | $3.00 |
| Sofi Danvers | One Bed One Bath 1A | 1BR,1BA | $3.30 |
| Bradlee Danvers | One Bedroom A1C2 | 1BR,1BA | $3.10 |
| Lynnfield Commons | Barberry | 1BR,1BA | $3.29 |
| Jayden Apartments | A1 | 1BR,1BA | $3.22 |
| 14 North | Aster Gardens (A1B) | 1BR,1BA | $3.32 |
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 5 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.
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.