Zumper
modified
3 Days Ago

Highlights

  • Pet Friendly
  • Stainless steel appliances
  • Snow removal
  • Granite countertops
  • Hardwood floors throughout
  • In-unit laundry hook-up
  • Non-smoking building

Location

111 Main St, Peabody, MA 01960, USA|Peabody Town Center
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Contact

Management

Elite Property Management

Leasing office

(617) 697-6949

Property Overview

111 Main Street delivers strong overall value with an expert rating of 8.6/10, highlighted by a perfect 10/10 price score and top-tier value for money and value per square foot. High-end finishes like stainless steel appliances, granite countertops, hardwood floors throughout, in-unit laundry hook-up, and snow removal contribute to its 9/10 amenities rating, while a 9/10 location rating reflects convenient access to schools and local services. The non-smoking building is also considered pet friendly, with multiple nearby pet supply stores, dog parks, a pet hospital, and grooming options, and earns an 8/10 trustworthiness score for transparent listing details.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, 111 Main Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 111 Main Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Less expensive
  • More space

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath1,500 sqft$2,300 /mo1 unit available111 Main St, Peabody, MA 2 Bedrooms | 1 Bathroom Features: ✔ Off-street parking ✔ Spacious layout ✔ Granite countertops ✔ Hardwood floors throughout ✔ Stainless steel appliances (fridge, stove) ✔ In-unit laundry hook-up ✔ Central gas heat Included: • Water, sewer, trash, and snow removal Other Info: • Non-smoking building • Small pets negotiable • Tenants pay gas and electricity Move-In Requirements: • First, last, and full month’s security deposit • Credit, criminal, and background check (application fee applies) • Good credit, employment, and rental history required • Vouchers accepted No broker fee if applying directly. Tenants may choose to work with their own licensed representative at their own cost. Apply or view our qualification standards at www elitepropertymgnt com Questions? Call or text: (617) 599-2226

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Amenities for 111 Main Street

Appliances

FridgeRange
RefrigeratorStove

Building

Cats OKDogs OK
Water/Sewer

Grounds

Assigned Parking

Services

Trash Removal
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units3
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About 111 Main Street

HomeApartments in PeabodyPeabody Town Center 111 Main Street

111 Main St, Peabody, MA 2 Bedrooms | 1 Bathroom Features: ✔ Off-street parking ✔ Spacious layout ✔ Granite countertops ✔ Hardwood floors throughout ✔ Stainless steel appliances (fridge, stove) ✔ In-unit laundry hook-up ✔ Central gas heat Included: • Water, sewer, trash, and snow removal Other Info: • Non-smoking building • Small pets negotiable • Tenants pay gas and electricity Move-In Requirements: • First, last, and full month’s security deposit • Credit, criminal, and background check (application fee applies) • Good credit, employment, and rental history required • Vouchers accepted No broker fee if applying directly. Tenants may choose to work with their own licensed representative at their own cost. Apply or view our qualification standards at www elitepropertymgnt com Questions? Call or text: (617) 599-2226


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 111 Main Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 111 Main Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 111 Main Street
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
111 Main Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
111 Main Street goes above and beyond to provide sought-after conveniences and desirable perks, including assigned parking. Renters looking for popular or luxurious features will find them here—and for that reason, 111 Main Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
111 Main Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 111 Main Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

111 Main Street is great for:

Pet owners

  • 2 dog parks within 1 mile
  • 3 pet grooming services nearby
  • 7 pet supply stores near the property
  • 1 pet hospital in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 111 Main Street compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 1 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 486 sqft larger than other listings nearby

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Peabody Town Center

2-bedroom apartments at 111 Main Street cost about 8% less than the average rent price for 2-bedroom apartments in Peabody Town Center.

Median rents as of May 2 2026.
Peabody Town Center
Peabody
A table of studio rental data trends in Peabody
MonthMedian Rent
May 2024$2,278
June 2024$1,934
July 2024$2,286
August 2024$1,589
September 2024$1,587
October 2024$1,757
November 2024$2,942
December 2024$3,085
January 2025$2,856
February 2025$2,829
March 2025$2,757
April 2025$3,014
May 2025$3,123
June 2025$2,375
July 2025$1,755
August 2025$1,600
September 2025$1,620
October 2025$1,646
November 2025$2,242
December 2025$2,536
January 2026$2,690
February 2026$1,770
March 2026$1,597
April 2026$1,852
May 2026$1,850
A table of studio rental data trends in Peabody Town Center
MonthMedian Rent
September 2025$1,600
March 2026$1,400

Affordability calculator

Can I afford to live at 111 Main St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$92,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 2-bedrooms monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.

Schools near 111 Main Street

William A. Welch Sr. Elementary School

50 swampscott ave

peabody, MA, 1960

PK, K-3Public
C

Thomas Carroll Elementary School

60 northend st

peabody, MA, 1960

K-5Public
C

Center Elementary School

18 irving st

peabody, MA, 1960

K-5Public
C+

South Memorial Elementary School

16 maple st ext

peabody, MA, 1960

PK, K-5Public
C+

Peabody Personalized Remote Education Program

210 andover st

peabody, MA, 1960

K-12Public
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Getting around Peabody near 111 Main St

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 111 Main St, Peabody

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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