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Viewing 1-6 of 6 rentals in 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
As of June 2025, Peabody's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Peabody's average rent is 5.9% ($161) higher than the Massachusetts average of $2,747 and 63.0% ($1,124) higher than the U.S. average of $1,784.
Average Rent
$2,908
Monthly ChangeMonth Over Month Change
0.4% ($12)
Yearly ChangeYear Over Year Change
8.8% ($235)
Avg. Days on MarketAverage Days on Market
26
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,547 | 0.9% ($24) | 5.4% ($131) |
| 2 Beds | $3,022 | 1.4% ($42) | 7.1% ($201) |
| 3 Beds | $3,748 | 1.8% ($70) | 5.6% ($222) |
| Nearby Cities | Average Rent | Avg. Rent vs. PeabodyAverage Rent vs. Peabody | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Salem | $2,792 | 4% ($116) | 27 days |
| Danvers | $3,016 | 3.7% ($108) | 27 days |
| Lynn | $2,098 | 27.9% ($810) | 61 days |
| Lynnfield | $2,942 | 1.2% ($34) | 26 days |
| Swampscott | $3,224 | 10.9% ($316) | 32 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Peabody Rental Market FAQs
Explore rental prices, market trends, and availability in Peabody, MA.
The average rent in Peabody, MA is $2,908 per month.
Homes in Peabody typically rent for between $1,783 and $4,872 per month, with an average of $2,908 per month.
In Peabody, the average rent for a 1-bedroom home is $2,547 per month, for a 2-bedroom home, $3,022 per month, and a 3-bedroom home is $3,748 per month.
The average rent in Peabody is 63% ($1,124) higher than the national average of $1,784 per month.
The average rent in Peabody has decreased by 0.4% ($12) in the last month and increased by 8.8% ($235) over the past year.
The rental market in Peabody, MA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Peabody, MA, the average rental stays on the market for approximately 26 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Peabody, MA.
Based on the current averages, a household would need an annual income of $120,880 to comfortably afford a 2-bedroom home in Peabody.
