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Apartments in Peabody

1 - 9 of 9 Results
22
$2,710 - 3,290
eaves Peabody
5.0
51 Keys Drive Peabody, MA
1 - 2 BR | Available Now
Contact
Dishwasher
21
$2,305 - 3,550
Essex
Deal
5.0
1 Avalon Dr Peabody, MA
1 - 2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
42
$2,849
Boston - Peabody
200 Jubilee Dr Peabody, MA
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
6
$1,800
Rosenfelt Building, Llc.
7 Central St Peabody, MA
1 BR | Available Now
Contact
Cat Friendly
Storage
6
$1,850 - 1,999
Peabody Place, Llc.
115 Lowell St Peabody, MA
1 - 2 BR | Available Now
Contact
Cat Friendly
Storage
Disability Access
Washington Street Historic District
12
$23,009
9 Carlton St Unit 3rd
Peabody, MA
2 BR | Available Now
Contact
Cat Friendly
Needham Corner
0
$2,500
Loft Style Condo With 2Bed 1.5bath, Elevator Building With Parking.
80 Foster St Unit 209 Peabody, MA
2 BR | Available Now
Contact
Dishwasher
Washington Street Historic District
10
$2,450 - 4,150
Highlands At Dearborn
19 Magnolia Way Peabody, MA
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
1
$1,950
88 - 88 1/2 Tremont St. Peabody
88 Tremont St Peabody, MA
2 BR | Ask for Availability
Contact
1 - 9 of 9 Results
  1. Home
  2. Boston Area Apartments
  3. Peabody

How much does it cost to rent an apartment in Peabody?

Peabody Apartments
Bed Type Average Rent Range
Studio $2,850 $2,850 - $2,850
1BR $2,660 $1,830 - $2,780
2BR $2,920 $2,170 - $3,360
3BR $3,470 $3,410 - $3,480
Frequently Asked Questions

How many apartments are available in Peabody, MA on Rentable.co?

Rentable.co has over 962 apartments available in Peabody.

What is the average rent for a studio apartment in Peabody, MA?

The average rent for a studio apartment in Peabody is around $2,850 per month.

What is the average rent for a one-bedroom apartment in Peabody, MA?

The average rent for a one-bedroom apartment in Peabody is around $2,660 per month.

What is the average rent for a two-bedroom apartment in Peabody, MA?

The average rent for a two-bedroom apartment in Peabody is around $2,920 per month.

How expensive is it to rent an apartment in Peabody, MA?

For a two-bedroom apartment in Peabody, the average rent price is $2,920 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Peabody, MA?

Based on average rent prices in Peabody, to afford a studio apartment you would need an annual household income of $114,000 to live comfortably.

Neighborhoods

Needham Corner
Washington Street Historic District

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Peabody:
November Rent Report

Welcome to the November 2024 Peabody Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Peabody rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Peabody and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Peabody average rent prices in the chart below.

Monthly Rent Report

$3,100
$2,330
$1,550
$780
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Peabody Rent Prices Decrease From October to November

Peabody rent prices decreased over the last month. From October to November, the city experienced a -0.04% decrease for the price of a one-bedroom apartment. The rent price for a Peabody one-bedroom apartments currently stands at $2,659.0.

When we take a look at the two-bedroom comparison from October to November, Peabody experienced a -0.07% decrease for the price of a two-bedroom apartment. The rent price for a Peabody two-bedroom apartments currently stands at $3,024.0.

November Prices: Peabody vs. Surrounding Areas

Rent Prices in Peabody and Surrounding Areas

Rent prices have decreased in Peabody over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Peabody suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Peabody suburbs

  • Rents did not decrease in any of the Peabody suburbs.

November 2024 Pricing Trends: Peabody vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Peabody Rent Prices More Affordable Than Major Cities

Rent growth in Peabody over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Peabody average rent prices appear to be relatively affordable for local residents.

The price for a Peabody one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Peabody and surrounding area rent prices, take a look at the complete data set below.

Data set for Peabody and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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