Average Rent in Peabody, MA and Rent Price Trends

Rent price summary for
Peabody, MA

As of September 2025, the median rent for all bedroom counts and property types in Peabody, MA is $2,485. This is +26% higher than the national average.

$2.36

average price per square foot

Median rent

$2,485

over the previous yearvs previous year

Total rentals

10

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Peabody, MA is $2,485. This is +26% higher than the national average.

$2.36

average price per square foot

Rent ranges

65%

33%

$1,501-$3,000$1,501 - $3,000

$3,001-$4,500$3,001 - $4,500

$4,501-$6,000$4,501 - $6,000

Households

65%

35%

Owner-occupied

Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Peabody, MA, in the last 30 days, rent estimates may not represent the actual market.

Rent comparables in
Peabody, MA
The monthly rent for an apartment in Peabody, MA is $2,835. A 1-bedroom apartment in Peabody, MA costs about $2,355 on average, while a 2-bedroom apartment is $3,035. Houses for rent in Peabody, MA are more expensive, with an average monthly cost of $3,675.


1 bedroom	$2,310	3%	13%
2 bedroom	$3,000	1%	4%
3 bedroom	$3,500	7%	8%
4 bedroom	$4,250	9%	-
Studio	$1,750	13%	8%

		Comparables
Peabody Town Center	$2,974
Proctor	$2,680
South Peabody	$2,695
West Peabody	$2,400


Apartments	$2,835	1%	No Change
Condos	$2,500	4%	15%
Houses	$3,675	2%	No Change

Studio

Average rent

$1,750

Last 30 days

13%

Last year

1 bedroom

Average rent

$2,310

Last 30 days

Last year

13%

2 bedroom

Average rent

$3,000

Last 30 days

Last year

3 bedroom

Average rent

$3,500

Last 30 days

Last year

4 bedroom

Average rent

$4,250

Last 30 days

The table above reflects average rent prices in Peabody, MA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Peabody, MA to other cities

Median rent prices in Peabody, MA for all bedroom counts and property types compared to Burlington, MA.

Peabody

Median rent price$2,485

26%

higher than the national median

Median rent price$2,862

45%

higher than the national median

Takeaway

The median rent for all rentals in Peabody, MA is 13% lower than the median rent in Burlington, MA.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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