How much is rent in Peabody, MA?

The average asking rent across the 4 listings we track in Peabody, MA is $2,248/mo, with the cheapest starting at $1,713/mo. Prices change often, so confirm current rates on each listing.

What is the cheapest apartment for rent in Peabody?

Preserve North Residences is the lowest-priced rental we're tracking in Peabody, MA at $1,713/mo. We rank every listing cheapest-first so the best-value options are always at the top.

What is the average rent by bedroom in Peabody?

Based on the listings we track in Peabody, MA: studios around $1,713/mo, one-bedrooms around $2,426/mo. These are averages and shift with availability.

Is Peabody expensive to rent in?

Relatively no. Peabody's average rent of $2,248/mo is about 21% below the MA state average of $2,858/mo, making it one of the more affordable markets in the state.

Apartments for Rent in Peabody, MA

Rents in Peabody, MA start at $1,713/mo on Budget Leases, and the average across the 4 listings we track runs $2,248/mo. That puts Peabody roughly 21% below the MA state average of $2,858/mo, so it's one of the more affordable markets in the state. By size, expect one-bedrooms around $2,426/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest

$1,713

lowest listed rent

Average rent

$2,24821% below MA

across all sizes

Average by sizevs MA typical

Studio$1,71329% below MA

1 bed$2,4264% below MA

4 rentals in Peabody, MA

Every size & style, ranked by price

Studio apartment at Preserve North Residences in Peabody, MA

Apartment · Peabody

$1,713/mo

Rating coming soon

Studio|1 ba

Preserve North Residences

Preserve North Residences, Peabody

Verified active·Recently listedView details

1-bedroom apartment at Alexan Peabody Apartments in Peabody, MA

Apartment · Peabody

$2,262/mo

Rating coming soon

1 bd|1 ba|668 ft²

Alexan Peabody Apartments

128 Newbury Street, Peabody, MA

Recently listedView details

1-bedroom apartment at Highlands At Dearborn Apartments in Peabody, MA

Apartment · Peabody

$2,400/mo

Rating coming soon

1 bd|1 ba|703 ft²

Highlands At Dearborn Apartments

19 Magnolia Way, Peabody, MA

Recently listedView details

1-bedroom apartment at Jayden Apartments in Peabody, MA

Apartment · Peabody

$2,617/mo

Rating coming soon

1 bd|1 ba|805 ft²

Jayden Apartments

7 Dearborn Rd., Peabody, MA

Recently listedView details

Renting in Peabody, MA: common questions

How much is rent in Peabody, MA?: The average asking rent across the 4 listings we track in Peabody, MA is $2,248/mo, with the cheapest starting at $1,713/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Peabody?: Preserve North Residences is the lowest-priced rental we're tracking in Peabody, MA at $1,713/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Peabody?: Based on the listings we track in Peabody, MA: studios around $1,713/mo, one-bedrooms around $2,426/mo. These are averages and shift with availability.
Is Peabody expensive to rent in?: Relatively no. Peabody's average rent of $2,248/mo is about 21% below the MA state average of $2,858/mo, making it one of the more affordable markets in the state.

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