Apartments & Homes for Rent in 01960

Apartment for rent at Highlands at Dearborn, 19 Magnolia Way, Peabody, MA 01960

Live the high life in Highlands at Dearborn's one-, two- and three-bedroom floor plans with classic interiors as well as renovated apartments with upgraded interiors. Work from home utilizing the built-in desks of your apartment home or the community's business center and two-story clubroom with free WiFi. Get some fresh air from your private patio or balcony, by the outdoor fireplace and at the on-site playground which is complete with picnic areas.We are dedicated to assisting you in finding a new home using the manner in which you are most comfortable.

Apartment for rent at 18 Union St #2, Peabody, MA 01960

Featured

Managed by Christine Cannonier

$2,650

Apartment2 Beds1 Bath951 ft²

18 Union St #2

Peabody, MA 01960

Spacious & Bright 2-Bedroom Apartment in Prime Peabody Location. Welcome to your new home. This large, sun-filled 2-bedroom, 1-bathroom apartment is situated on the second floor of a well-maintained building in an ideal location. Key Features:Bright & Open Layout The open-concept living and dining area flows seamlessly together, perfect for entertaining. Updated Kitchen Featuring new appliances, including an electric stove and dishwasher. Room includes a small island offering extra counter space for cooking, hosting and storage underneath.

New - this week

Managed by 7 Oak Peabody

$2,300

Apartment1 Bed1 Bath500 ft²

7 Oak St

Peabody, MA 01960

Welcome to 7 Oak Peabody Llc, presented by 7 Oak Peabody. We have several units available for lease. For more information and to schedule a showing, please contact us. No & Yes.

Managed by Northfield Properties

$1,899

Apartment1 Bed1 Bath550 ft²

115 Lowell St

Peabody, MA 01960

Welcome to Peabody Place, presented by Northfield Properties. We have several units available for lease. For more information and to schedule a showing, please contact us. Stove, Refrigerator & Hot Water. Cats Allowed.

Managed by Eaves Peabody

$1,864 - $2,485

Townhouse1-2 Beds1-1.5 Baths

Eaves Peabody

51 Keyes Dr, Peabody, MA 01960

Welcome to eaves Peabody, located in Peabody, where sensible apartment living meets a sensible cost of living. We offer quality one and two bedroom apartments with a few little extras, like well-equipped kitchens with brand name appliances. We also two bed town homes with private patios. Simply put, our Peabody apartments offer more of what you hope for. Better than you bargained for. So, what are you waiting for?

Apartment for rent at 51 Keys Dr, Peabody, MA 01960

New - today

Managed by Jared Clement

$2,410 - $2,840

Apartment1-2 Beds1 Bath648-864 ft²

51 Keys Dr

Peabody, MA 01960

Pet Friendly, Furnished & Pool. Apartments for rent in Peabody for $2,410-$2,840 with 1-2 beds, 1 bath, 648-864 sqft, pet friendly and located at 51 Keys Dr in Peabody, MA 01960.

Managed by Essex

$2,125

Townhouse1 Bed1 Bath

Essex

1 Avalon Dr, Peabody, MA 01960

With a premier address on the North Shore, Essex is home to a wonderful collection of Peabody apartments that come in one- and two-bedroom floor plans with loft and townhome options. Each of these amazing apartments come with luxury features like a private patio or balcony, central air-conditioning, spacious closets and in-unit washer and dryers. Members also get to take advantage of a range of community amenities, such as a landscaped barbecue and picnic area, playground, sparkling swimming pool and planned resident activities. In a nutshell, our apartments in Essex County have everything you need to live comfortably in Massachusetts.

Apartment for rent at 6 Stevens St #2 2nd Floor, Peabody, MA 01960

Updated - today

Managed by JCM Realty Group

$3,200

Apartment4 Beds1 Bath

6 Stevens St #2 2nd Floor

Peabody, MA 01960

Spacious Apartment, located on the second floor of a well-maintained multi-family home in a quiet Peabody neighborhood. Unit Features: 4 spacious bedrooms, 1 full bathroom, Large kitchen with electric stove, Gas heating, Laundry hook-ups in unit, 2 off-street parking spots included, Water and maintenance included. This home offers comfort and convenience with plenty of space, natural light and proximity to shopping, schools and public transportation. Rental Terms: First Month's Rent: $3,200. No Last Month's Rent. Security Deposit: $3,200. 1/2 Broker Fee: $1,600. Rent Included: Water. Maintenance. Features: Stove Electric. Refrigerator. Dishwasher. Laundry Hook-ups. 2 Parking Spot. Heating Gas.

Viewing 1-8 of 8 rentals in 01960

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 April 2025, Peabody's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Peabody's average rent is 9.1% ($249) higher than the Massachusetts average of $2,722 and 65.1% ($1,172) higher than the U.S. average of $1,799.

Average Rent

$2,971

Monthly ChangeMonth Over Month Change

0.3% ($10)

Yearly ChangeYear Over Year Change

8% ($221)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,518	1.7% ($43)	1.1% ($28)
2 Beds	$3,263	1.8% ($57)	18.4% ($506)
3 Beds	$3,808	9.5% ($401)	8% ($283)

Nearby Cities	Average Rent	Avg. Rent vs. PeabodyAverage Rent vs. Peabody	Avg. Days on MarketAverage Days on Market
Salem	$2,732	8% ($239)	27 days
Danvers	$3,013	1.4% ($42)	27 days
Lynn	$1,954	34.2% ($1017)	61 days
Lynnfield	$3,819	28.5% ($848)	26 days
Swampscott	$3,535	19% ($564)	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.

What is the average rent in Peabody, MA?

The average rent in Peabody, MA is $2,971 per month.

What is the rental price range for homes in Peabody, MA?

Homes in Peabody typically rent for between $1,763 and $4,950 per month, with an average of $2,971 per month.

What is the average rent for different bedroom sizes in Peabody, MA?

In Peabody, the average rent for a 1-bedroom home is $2,518 per month, for a 2-bedroom home, $3,263 per month, and a 3-bedroom home is $3,808 per month.

How do rent prices in Peabody, MA compare with the national average?

The average rent in Peabody is 65.1% ($1,172) higher than the national average of $1,799 per month.

How have rent prices in Peabody, MA changed recently?

The average rent in Peabody has decreased by 0.3% ($10) in the last month and increased by 8.0% ($221) over the past year.

How competitive is the rental market in Peabody, MA?

The rental market in Peabody, MA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Peabody, MA?

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.

How many rental properties are available in Peabody, MA?

There are currently 8 rental properties available in Peabody, MA.

Can I afford to rent a home in Peabody, MA?

Based on the current averages, a household would need an annual income of $130,520 to comfortably afford a 2-bedroom home in Peabody.

Life in Peabody & Beyond

Peabody, MA

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