The average rent for a 1 bedroom apartment in Peabody is $2,473+, while the average rent for a 2 bedroom apartment is $3,038+. Rent rates updated ago
Studio
$1,987+
Prices trending down
1 Bed
$2,473+
Prices trending down
2 Beds
$3,038+
Prices trending down
3+ Beds
$3,476+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees
Peabody Rent Report:
Welcome to the Apartment List November 2026 Rent Report for Peabody, MA. Currently, the overall median rent in the city stands at $2,088, roughly the same as last month. Prices remain up 2.5% year-over-year. Read on to learn more about what’s been happening in the Peabody rental market and how it compares to trends throughout the broader Boston metro area and the nation as a whole.
In Peabody, MA, the average rent is $1,987+ for a studio, $2,473+ for a 1-bedroom, $3,038+ for a 2-bedroom, and $3,476+ for a 3-bedroom.* For more information on rental trends in Peabody, MA, check out our monthly Peabody, MA Rent Report.
*Based on base prices that don’t include fees
You can use the pet-friendly filter to find Peabody, MA apartments that allow pets.
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Peabody, MA.
