
Cheap Apartments for Rent in the West Peabody Neighborhood of Peabody, MA from $2,000 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the West Peabody area of Peabody.


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Highlands at Dearborn Apartments

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14 North

Essex Apartment Homes

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Jayden Apartments

51 Keys Dr
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Ezio‘s Place

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Alexan Peabody

51 Keys Dr

Peabody Park

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246 Salem St, Unit 4

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Colonial Point Apartments
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Bradlee Danvers

Michaels Landing

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Lynnfield Commons

Sofi Danvers

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Everly

The Arthur - Lynnfield
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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 | $2,999 | $2,999 | $2,999 |
| West Peabody 1 Bedroom Apartments | $2,665 | $2,200 | $4,581 |
| West Peabody 2 Bedroom Apartments | $3,221 | $2,050 | $7,856 |
| West Peabody 3 Bedroom Apartments | $3,782 | $3,305 | $4,175 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 3 mile radius of the West Peabody Neighborhood of Peabody, MA.
See all Apartments in PeabodyExplore Peabody
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. eaves Peabody has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,209. Here are the most affordable West Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2,200 |
| eaves Peabody | A1 | 1BR,1BA | $2,209 |
| Bradlee Danvers | One Bedroom A1B2 | 1BR,1BA | $2,220 |
| Highlands at Dearborn Apartments | The Attitash | 1BR,1BA | $2,255 |
| 14 North | Alpine Meadows (A1C) | 1BR,1BA | $2,340 |
Best Value Apartments for Rent in West Peabody, MA
As of January 19, 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 Two Bed Two Bath 1 Model at Sofi Danvers starting at $2,474 with a $2.44 price per square foot in the Choate Farm 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 |
| Sofi Danvers | Two Bed Two Bath 1 | 2BR,2BA | $2.44 |
| Colonial Point Apartments | Model 1A | 1BR,1BA | $2.55 |
| Lynnfield Commons | Barberry | 1BR,1BA | $2.97 |
| Everly | One Bedroom One Bath (789 SF) | 1BR,1BA | $3.05 |
| Essex Apartment Homes | Cross | 1BR,1BA | $3.06 |
| Jayden Apartments | A1 | 1BR,1BA | $3.22 |
| 14 North | Aster Gardens (A1B) | 1BR,1BA | $3.16 |
| Bradlee Danvers | One Bedroom A1B2 | 1BR,1BA | $2.94 |
| Highlands at Dearborn Apartments | The Attitash | 1BR,1BA | $3.21 |
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 $3,863.
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 12 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 $306 which is $3,557 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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Boston, MA
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Explore Like a Local: The Insider's Guide to Boston
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Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!