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$2,292 - $2,600
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowEzio‘s Place
2 Hotel AvePeabody, MA 01960
Cheap Apartments for Rent in the West Peabody Neighborhood of Peabody, MA from $2,200 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Peabody area of Peabody.
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$2,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available May 1Total Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
67 Russell St, Unit 2 Bedroom In-Law, Unit 2 Bedroom In-Law
67 Russell StPeabody, MA 01960
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$2,302 - $2,773
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,244 - $2,715
Required Monthly Fees
$58
Total Monthly Price
$2,302 - $2,773
eaves Peabody
51 Keys DrPeabody, MA 01960
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Rent Specials
$2,471 - $4,171
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,471 - $4,171
Total Monthly Price
$2,471 - $4,171
Jayden Apartments
7 Dearborn RdPeabody, MA 01960
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$2,502 - $4,657
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,502 - $4,657
Total Monthly Price
$2,502 - $4,657
Essex Apartment Homes
One Avalon DrPeabody, MA 01960
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$2,509 - $3,895
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,494 - $3,880
Required Monthly Fees
$15
Total Monthly Price
$2,509 - $3,895
14 North
1000 Crane Brook WayPeabody, 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.
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$2,530 - $5,180
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,530 - $5,180
Total Monthly Price
$2,530 - $5,180
Highlands at Dearborn Apartments
19 Magnolia WayPeabody, MA 01960
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Rent Specials
$2,770 - $3,933
Total Monthly Price13 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,770 - $3,933
Total Monthly Price
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Alexan Peabody
128 Newbury StPeabody, MA 01960
19 Bourbon St, Unit 19 Bourbon St #87, Unit 19 Bourbon St #87
19 Bourbon St
PeabodyMA01960
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$3,124Studio Apartments Available Now
Furnished Studio-Boston - Peabody
200 Jubilee DrPeabody, MA 01960
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$3,570
Total Monthly Price
2 Bedroom Apartments Available May 9Total Monthly Price
Base Rent
$3,130
Required Monthly Fees
$440
Total Monthly Price
$3,570
51 Keys Dr, Unit SI FL3-ID3063A
51 Keys DrPeabody, MA 01960
286 Newbury St
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.
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2 Bedroom Apartments
Peabody Park
48 Prospect StPeabody, MA 01960
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$2,200 - $2,950
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,200 - $2,950
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$2,200 - $2,950
Colonial Point Apartments
95 Audubon RdWakefield, MA 01880
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$2,395 - $3,949
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,380 - $3,934
Required Monthly Fees
$15
Total Monthly Price
$2,395 - $3,949
Bradlee Danvers
50 Kirkbride DrDanvers, MA 01923
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$2,407 - $7,632
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,407 - $7,632
Total Monthly Price
Varies
Everly
14 Audubon RdWakefield, MA 01880
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$2,446 - $3,189
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,446 - $3,189
Total Monthly Price
$2,446 - $3,189
Lynnfield Commons
375 BroadwayLynnfield, MA 01940
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$2,517 - $3,660
Plus Fees
1 to 2 Bedroom Apartments Available NowSofi Danvers
180 Newbury StDanvers, MA 01923
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.
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$2,895
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,895
Total Monthly Price
$2,895
64 Holten St, Unit 64 Holten, Unit 64 Holten
64 Holten StDanvers, MA 01923
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$2,898 - $17,849
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMarketStreet Apartments
150 King Rail DrLynnfield, MA 01940
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$2,900 - $3,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowMichaels Landing
2 BroadwayLynnfield, MA 01940
360 Andover St
DanversMA01923
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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
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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1 to 2 Bedroom Apartments
The Residence at 581 Salem St
581 Salem StWakefield, MA 01880
Showing Results 1-25, 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 | $3,620 | $2,712 | $5,520 |
| West Peabody 1 Bedroom Apartments | $2,848 | $2,200 | $5,620 |
| West Peabody 2 Bedroom Apartments | $3,273 | $2,300 | $7,632 |
| West Peabody 3 Bedroom Apartments | $3,875 | $3,600 | $3,970 |
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 25 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. Ezio‘s Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,292. 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 |
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath (MAY-JUNE 2026) | 2BR,1BA | $2,292 |
| eaves Peabody | A1 | 1BR,1BA | $2,302 |
| Bradlee Danvers | One Bedroom A1C2-MMR | 1BR,1BA | $2,395 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $2,407 |
Best Value Apartments for Rent in West Peabody, MA
As of April 27, 2026 the best value apartment in the West Peabody area is the $1.88 price per square foot Three Bedroom Model at 23 Prince Street Apartments in the in the Choate Farm neighborhood starting from $3,750. The second greatest value West Peabody apartment is the FIRST FLOOR 2BED 2BATH Model at Michaels Landing starting at $2,900 with a $2.42 price per square foot in the West 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. |
|---|---|---|---|
| 23 Prince Street Apartments | Three Bedroom | 3BR,1.5BA | $1.88 |
| Michaels Landing | FIRST FLOOR 2BED 2BATH | 2BR,2BA | $2.42 |
| Sofi Danvers | Two Bedroom Two Bath 2A | 2BR,2BA | $2.82 |
| 64 Holten St, Unit 64 Holten | 64 Holten St | 2BR,2BA | $2.90 |
| Highlands at Dearborn Apartments | The Nashoba | 2BR,1BA | $2.99 |
| 14 North | Aviary Gardens Loft (A1AL) | 1BR,1BA | $3.05 |
| Colonial Point Apartments | 1 Bedroom | 1BR,1BA | $2.55 |
| Ezio‘s Place | 1 Bed+Office Den, 1 Bath (MAY-JUNE 2026) | 2BR,1BA | $2.70 |
| Bradlee Danvers | One Bedroom A1C2-MMR | 1BR,1BA | $2.99 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $3.05 |
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 $3,920.
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 16 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 $415 which is $3,505 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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The 10 Best Affordable Neighborhoods in Boston, MA
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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Written by: Christine Leonard, Esq.
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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.