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Apartments for Rent in Peabody, MA

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Average rent in Peabody, Massachusetts

The average rent for a 1 bedroom apartment in Peabody is $2,500+, while the average rent for a 2 bedroom apartment is $3,029+. Rent rates updated 8 days ago
Studio
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Prices trending down
1 Bed
$2,500+
Prices trending down
2 Beds
$3,029+
Prices trending down
3+ Beds
$3,785+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

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Amenities
  • Peabody Apartments with Garages (5)
  • Peabody Apartments with Gyms (5)
  • Peabody Apartments with Washer-Dryers (8)
  • Peabody Furnished Apartments (4)
  • Peabody Pet Friendly Apartments (13)
Bedrooms
  • 1 Bedroom Apartments in Peabody (10)

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Peabody Rent Report: March 2026

Welcome to the Apartment List March 2026 Rent Report for Peabody, MA. Currently, the overall median rent in the city stands at $2,019, after rising 1.4% last month. Prices remain down 4.9% 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.