Apartments in Needham Corner Peabody

1 - 7 of 7 Results
22
$2,539 - 3,160
51 Keys Drive Peabody, MA
1 - 2 BR | Available Now
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Dishwasher
21
$2,400 - 3,365
Deal
5.0
1 Avalon Dr Peabody, MA
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
42
$2,879
200 Jubilee Dr Peabody, MA
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
14
$2,150
Peabody, MA
2 BR | Available Now
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Cat Friendly
Needham Corner
1
$2,400
80 Foster St Unit 209 Peabody, MA
2 BR | Available Now
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Dishwasher
Washington Street Historic District
1
$1,850
115 Lowell St Peabody, MA
1 BR | Available Now
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Cat Friendly
Storage
Disability Access
Washington Street Historic District
1
$1,950
88 Tremont St Peabody, MA
2 BR | Ask for Availability
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Peabody:
December Rent Report

Welcome to the December 2024 Peabody Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Peabody Rent Prices Decrease From November to December

Peabody rent prices decreased over the last month. From November to December, the city experienced a -0.23% decrease for the price of a one-bedroom apartment. The rent price for a Peabody one-bedroom apartments currently stands at $2,653.0.

When we take a look at the two-bedroom comparison from November to December, Peabody experienced a -0.4% decrease for the price of a two-bedroom apartment. The rent price for a Peabody two-bedroom apartments currently stands at $3,012.0.

December 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.

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
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 December 1 BR M/M % Change 2 BR December 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.