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Homes & Apartments for Rent in Peabody, MA

Showing 17 rentals in Peabody, then 3 more within 25 miles, nearest first.

1-20 of 20 rentals

Apartment for rent at Rosenfelt Building, 7 Central St, Peabody, MA 01960

1/10

Managed by Northfield Properties

$1,925 - $2,200

Apartment1-2 Beds1 Bath510-760 ft²

Rosenfelt Building

7 Central St, Peabody, MA 01960

Limited-Time Leasing Special - Available Starting Mid-December. Sign a 12-month lease at a monthly rent of $1,925 and receive a concession equal to six weeks of rent-an approximate total savings of $2,665. Choose how to receive your concession: Upfront Concession: Receive six weeks of free rent at the beginning of the lease. Once the concession has been fully applied, the monthly rent will be $1,925 for the remainder of the lease term. Utilities. Water & sewer are included in the rent. Residents are responsible for electricity. The apartment features electric heat and an electric stove. Parking.

Apartment for rent at 7 Oak St, Peabody, MA 01960

1/10

Managed by 7 Oak Peabody

$2,600

Apartment2 Beds1 Bath

7 Oak St

Peabody, MA 01960

Renovated 1st floor, 2-bedroom apartment in Peabody, MA. This spacious apartment is located off of Main St. in the center of Peabody. The apartment is equipped with stainless steal appliances, hard-surface flooring, and central A/C. Private off-street parking for 1 vehicle. Laundry in building. Monthly Rent is $2,600 and tenant pays electric utilities. Required move in costs are First, Last and Security Deposit (Full month's rent). Applicant will need to provide Landlord references and proof of income upon submitting application. Serious inquiries only. Amenities: Oven & Refridgerator.

1/6

Featured

Listed by Fernanda Kleinert

$1,700

Apartment1 Bed1 Bath580 ft²

30 Lowell St #2

Peabody, MA 01960

Welcome to this bright one-bedroom apartment located in the heart of downtown Peabody available starting November 1st. Please note that the photos are from before the renovations. The apartment features a large eat-in kitchen with brand-new cabinets with granite countertops. The professionally managed building is just steps from local shops, restaurants, public transportation, and major commuter routes. Enjoy added convenience with on-site laundry, water included in the rent, and 1 assigned parking available. Apartment Features: 1 bedroom / 1 bathroom. Hardwood floors. Large kitchen with oven/range and refrigerator. Full bathroom. Laundry in building. Water included. 1 Assigned parking available. Cats allowed. Lease Details: Rent: $1,700/month.

1/8

Listed by Lincoln Hurney

$4,200

House4 Beds2 Baths2,300 ft²

23 Walsh Ave

Peabody, MA 01960

This beautiful single-family residence offers a perfect mix of cozy suburban living and everyday convenience. Situated on a quiet street in a desirable Peabody neighborhood, this home is ideal for families or working professionals looking for comfort, outdoor space, and easy commuting options. Well-maintained interior with ample natural lighting throughout. Inviting living room and formal dining area perfect for relaxing or entertaining guests. Dedicated yard space, ideal for outdoor gatherings, gardening, or relaxing on weekends. On-site off-street parking included. One garage for a small car, 2 cars fit in the driveway.

1/10

Featured

Managed by ALV Properties

$2,600

Apartment2 Beds1 Bath1,000 ft²

13 Margin St

Peabody, MA 01960

This beautifully renovated 2-bedroom, 1-bathroom first-floor apartment is located in the heart of Peabody and offers a bright, spacious layout with modern updates throughout. Filled with natural light, the apartment features a, updated kitchen, brand-new flooring, fresh paint, and modern fixtures. A brand-new, high-efficiency central heating and air conditioning system provides comfortable living year-round. Conveniently located just minutes from downtown Peabody, you'll enjoy easy access to local shops, restaurants, schools, public transportation, and everyday amenities. With quick access to Route 1, I-95, and other major highways, commuting to Boston and throughout the North Shore is convenient and straightforward.

1/10

Price cut $50

Managed by ALV Properties

$3,050

Apartment3 Beds1 Bath1,200 ft²

17 Warren St

Peabody, MA 01960

Welcome home to this charming, thoughtfully renovated three-bedroom apartment, conveniently located on the first floor of 17 Warren Street in the heart of Peabody. This residence features a spacious open floor plan accentuated by beautiful hardwood flooring throughout. The unit offers a fully updated kitchen equipped with contemporary cabinetry and quartz countertops, complemented by a pristine tiled bathroom. Residents will appreciate the convenience of private basement washer/dryer hookups and dedicated off-street parking. Please note that this is a smoke-free property and pets are not permitted. Tenants are responsible for all utilities, including gas, electricity, and heat.

1/5

Listed by a leasing agent

$2,566 - $3,939

Apartment1-3 Beds1-2 Baths755-1,529 ft²

1000 Crane Brook Way

Peabody, MA 01960

These apartments feature one and two bedroom floor plans, a fully equipped kitchen with stainless steel appliances, granite countertops, a dishwasher, pantry, fireplace, hardwood flooring, walk-in closets, bay windows, a living room, dining room and private patio. Enjoy the comforts of central A/C and heating, in-unit laundry and off-street or garage parking. Community offers a resident lounge, playground, swimming pool, communal deck, basketball court, dog park, business center, exercise facility, hiking trails, outdoor grilling area and elevator. Pets are welcome.

1/10

Featured

Listed by Anthony Viglietti

$2,700

Apartment2 Beds1 Bath1,000 ft²

10 Newcastle Rd #2

Peabody, MA 01960

Welcome home to this well-maintained, renovated 2-bedroom, 1-bath apartment in the desirable Gardner Park residential neighborhood. This sun-filled unit combines classic charm with modern updates, featuring beautiful ornate wood trim, a spacious floor plan, and updated windows that allow natural light to flow throughout. The apartment also offers updated gas heating and is certified deleaded for added peace of mind. Enjoy an updated full bathroom with a tub, laundry conveniently located adjacent to the kitchen, and direct access to a backyard and patio-perfect for enjoying the warmer months.

1/5

Managed by Elite Property Management

$2,500

Apartment2 Beds1 Bath1,000 ft²

149 Main St #3F

Peabody, MA 01960

2-Bedroom Apartment - 149 Main Street, Peabody. Apartment Features. Granite countertops and hardwood floors. Central gas heat. Parking and Utilities. Assigned parking. Water, sewer, trash, and snow removal included. Tenant pays gas and electricity. Other Details. Non-smoking building. Small pets negotiable. Vouchers accepted. Move-In and Application. First month's rent and one month's security deposit due at move-in. Applicants will be screened. Applicants should have good credit, employment, and rental history. Amenities: Stove & Central-Heat.

1/10

Featured

Listed by Tom Carr

$3,985

Apartment3 Beds2.5 Baths2,200 ft²

2 Corey Dr

Peabody, MA 01960

Welcome to 2 Corey Drive, a stunning and spacious single-family ranch-style home located in the highly desirable and spectacular neighborhood of West Peabody, MA. Offering 2,200 square feet of single-level living space, this beautiful 4-bedroom, 2.5-bathroom residence perfectly blends indoor comfort with expansive outdoor land. A formal living room boasts a large picture window that floods the space with morning sun. The adjacent dining room features a gorgeous bay window offering peaceful views of the tree-lined property. Equipped with natural-colored maple cabinetry, sleek Corian countertops, classic hardwood flooring, a dishwasher, a microwave, and a refrigerator.

1/4

Listed by REALTY20 Syndication

$2,658

Apartment2 Beds1 Bath864 ft²

51 Keys Dr #38-KD6

Peabody, MA 01960

Disclaimer: Disclaimer: The information provided in this advertisement is for general informational purposes only and is not intended to be relied upon as legal, financial, or professional advice. While we make every effort to ensure the accuracy of the information presented, we cannot guarantee that it is completely up to date or free from errors or omissions. Any reliance you place on such information is strictly at your own risk. The apartment advertised may no longer be available for rental.

1/5

Listed by a leasing agent

$2,638 - $2,718

Apartment2 Beds1 Bath864 ft²

Avalon Essex

51 Keyes Dr, Peabody, MA 01960

This apartments feature one and two bedroom floor plans, a fully equipped kitchen with standard appliances, a dishwasher, hardwood flooring, a living room and a dining room. Enjoy the comforts of central A/C and heating, in-building laundry and off-street parking. Water, hot water, gas, sewer and trash removal included in rent. Community offers a swimming pool, communal deck, playground, basketball court, tennis court and dog park. Pet are welcome.

Apartment for rent at 77 Main St #6, Peabody, MA 01960

1/7

Listed by Fernanda Kleinert

$1,350

ApartmentStudio1 Bath275 ft²

77 Main St #6

Peabody, MA 01960

Welcome to this well-maintained studio apartment located at 77 Main Street, Unit 6, in the heart of downtown Peabody. This efficient layout offers an open living and sleeping area, full bathroom, and functional kitchen - ideal for comfortable, everyday living. The building is professionally managed and placed just steps from local shops, restaurants, public transportation, and major commuter routes. Electric heat and stove. On-site laundry, this unit provides both convenience and value. Apartment Features: Studio layout with open living/sleeping space. Functional kitchen with oven/range and refrigerator. Hardwood floors throughout. On-site laundry. Utilities included (hot water, water) Street parking included. Cats allowed.

1/5

Listed by a leasing agent

$2,385 - $3,925

Apartment1-3 Beds1-2 Baths703-1,366 ft²

Highlands at Dearborn Apartment Homes

19 Magnolia Way, Peabody, MA 01960

This apartment features a chef-inspired kitchen with granite countertops, custom cabinetry, and gas range; covered private patios or balconies, garden-style soaking tubs, A/C, tall ceilings with crown molding, ceramic tile entry ways, walk-in closets and laundry in-unit. Select units feature stainless steel appliances, and stone mantel fireplaces.

Apartment for rent at 9 Holten St #1, Peabody, MA 01960

1/7

New 2 days ago

Listed by Donald Conti

$1,700

ApartmentStudio1 Bath

9 Holten St #1

Peabody, MA 01960

Bright, clean, and freshly updated studio apartment located on the first floor of a quiet, well-maintained building with five other residential units, conveniently located near Peabody Square and downtown Peabody. Apartment Features: Bright, comfortable studio layout. Decorative ornamental fireplace (not functional) Two closets for storage. One off-street parking space (suitable for a small car) First-floor location. Quiet residential building. Freshly painted. Hardwood floors. Hot water included in rent. Rental Requirements: One-year lease commitment. First month's rent, last month's rent, and security deposit required. No pets - no exceptions. No smoking - no exceptions. Employment/income and credit references will be checked.

1/3

Listed by Chelsea Hally

$2,000

Apartment1 Bed1 Bath

369 Lynnfield St #1

Peabody, MA 01960

1 Bedroom with loft. Peabody, MA - Utilities Included. 1-bedroom, 1-bath in-law apartment with a loft/flex space. Convenient Peabody location with easy highway access. Separate entrance. RENT. $2,000/month - 1 occupant. $2,300/month - 2 occupants. Includes. Heat. Hot water. Electricity. Off-street parking. 1 parking space for one occupant. 2 parking spaces for two occupants. Requires. First and last. Application. Income verification. Credit/background screening. No pets. No smoking. Maximum occupancy: 2 people. No laundry on site. Backyard use is not included with the rental. Amenities: Accessibility Features & Designated Space. Heating: forced air.

Essex

1 Avalon Dr, Peabody, MA 01960

With a premier address on the North Shore, Essex is home to a wonderful collection of Peabody apartments that come in one- and two-bedroom floor plans with loft and townhome options. Each of these amazing apartments come with luxury features like a private patio or balcony, central air-conditioning, spacious closets and in-unit washer and dryers. Members also get to take advantage of a range of community amenities, such as a landscaped barbecue and picnic area, playground, sparkling swimming pool and planned resident activities. In a nutshell, our apartments in Essex County have everything you need to live comfortably in Massachusetts.

More rentals near Peabody

Apartment for rent at 35 Oakland St #1, Salem, MA 01970

1/10

New 3 days ago

Listed by Mark Davidson

$2,400

Apartment2 Beds1 Bath

35 Oakland St #1

Salem, MA 01970

More space than most 3-beds at a 2-bed price. This extra-large, bright, first-floor 2-bedroom plus dedicated office sits in a quiet Salem neighborhood on the Peabody line, perfect for anyone working from home who refuses to give up a real workspace. Details: Significantly larger than the typical Salem 2-bedroom. 2 bedrooms PLUS a separate office/den (flex 3rd room) Wide-pine hardwood floors throughout. Fresh paint, high ceilings, bright open layout. Kitchen with stainless-steel stove and large fridge. Private back deck overlooking the backyard. Off-street parking for one compact car, included. On-site laundry in basement.

2 miles away

Apartment for rent at 70 Boston St #215, Salem, MA 01970

1/5

Listed by a leasing agent

$2,950

Apartment2 Beds2 Baths1,050 ft²

70 Boston St #215

Salem, MA 01970

Desirable corner unit.

2.2 miles away

Apartment for rent at 17 River Dr #E, Danvers, MA 01923

1/8

New 4 days ago

Listed by East Coast Realty

$2,400

Apartment2 Beds1 Bath650 ft²

17 River Dr #E

Danvers, MA 01923

Situated along the Crane River, just steps from Sandy Beach in the beautiful Danvers port neighborhood, River Drive Apartments feature modern sunny residences with fully applianced eat-in kitchens, on-site laundry facilities, beautifully landscaped grounds, parking, barbecue and picnic areas, and a children' play area along the water. All this located just 1/4 mile from routes 128 and 114, surrounded by many restaurants and shopping plazas. So relax in your new home and enjoy water views and peaceful breezes at River Drive Apartments.

2.2 miles away

Viewing 1-20 of 20 rentals in and near Peabody

What to Know About

Life in Peabody & Beyond

Peabody shares many of the great qualities that make Massachusetts a desirable place to live.

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Peabody, MA

View full report

As of November 2026, Peabody's rental market is stable, with rentals spending about 33 days on the market, about the same as in Massachusetts (32), and rents down 1.8% over the past year. Peabody's average rent is 14.5% ($468) lower than the Massachusetts average of $3,233 and 35.8% ($729) higher than the U.S. average of $2,036.

Average Rent

$2,765

Monthly ChangeMonth Over Month Change

0.27% ($7)

Yearly ChangeYear Over Year Change

1.8% ($50)

Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,404	0.48% ($11)	1.2% ($30)
2 Beds	$2,869	0.17% ($5)	2.9% ($84)
3 Beds	$3,617	0.60% ($22)	0.5% ($17)

Nearby Cities	Average Rent	Avg. Rent vs. PeabodyAverage Rent vs. Peabody	Days on Market
Salem	$2,815	1.8% ($50)	37 days
Danvers	$3,320	20.1% ($555)	36 days
Lynnfield	$3,772	36.4% ($1,007)	34 days
Lynn	$2,301	16.8% ($464)	33 days
Swampscott	$3,401	23.0% ($636)	33 days

Based on rentals advertised on RentalSource in and around Peabody.

Frequently Asked Questions

Peabody Rental Market FAQs

Explore rental prices, market conditions, and affordability in Peabody, MA.

What is the average rent in Peabody, MA?

The average rent in Peabody, MA is $2,765 per month.

What is the average rent for different bedroom sizes in Peabody, MA?

In Peabody, the average rent is about $2,404 per month for a 1-bedroom home, $2,869 for a 2-bedroom home and about $3,617 for a 3-bedroom home.

How do rent prices in Peabody, MA compare with the national average?

The average rent in Peabody is 35.8% ($729) higher than the national average of $2,036 per month.

How competitive is the rental market in Peabody, MA?

The rental market in Peabody, MA is currently stable, with rentals spending about 33 days on the market, about the same as in Massachusetts (32), and rents down 1.8% over the past year.

Can I afford to rent a home in Peabody, MA?

Based on the current averages, a household would need an annual income of $114,800 to comfortably afford a 2-bedroom home in Peabody.

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