Bedroom count
Property type
Last updated on October 31, 2026
Average rent in
Peabody, MA
Average rent in
Last updated on October 31, 2026
Bedroom count
Property type
Median rent
Median rent in Peabody
$2,600/mo
6%vs previous year
The average rent in Peabody is $2,600 per month as of October 2026. This is 37% above the national average rent, or $700 more per month.
average price per square foot
Total rentals
Available rentals in Peabody
24
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Peabody rentals at each price point
Rent trends in Peabody, MA
Average rent prices in Peabody have increased by 4% over the last month and have decreased by 6% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Peabody, MA
Rent prices in Peabody vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Peabody is $2,562, whereas a house costs $3,648. 1-bedroom apartments in Peabody run $2,347 on average, while 2-bedroom apartments are $2,715.
Listings | ||||
|---|---|---|---|---|
Studio | $2,445 |  9% | 12% | |
1 bedroom | $2,347 | No Change | 4% | |
2 bedroom | $2,715 | 2% | 8% | |
3 bedroom | $3,700 | 1% | 6% | |
4 bedroom | $4,047 | 7% | 4% |
Listings | ||
|---|---|---|
Peabody Town Center | $1,925 | |
Proctor | $2,727 | |
South Peabody | $2,400 | |
West Peabody | $3,300 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,562 | No Change | 6% | |
Condos | $2,600 | No Change | 1% | |
Houses | $3,648 | 12% | - |
Studio
Average rent
$2,445
Last 30 days
9%
Last year
12%
1 bedroom
Average rent
$2,347
Last 30 days
No Change
Last year
4%
2 bedroom
Average rent
$2,715
Last 30 days
2%
Last year
8%
3 bedroom
Average rent
$3,700
Last 30 days
1%
Last year
6%
4 bedroom
Average rent
$4,047
Last 30 days
7%
Last year
4%
Proctor
Average rent
$2,727
Peabody Town Center
Average rent
$1,925
South Peabody
Average rent
$2,400
West Peabody
Average rent
$3,300
Apartments
Average rent
$2,562
Last year
6%
Condos
Average rent
$2,600
Last year
1%
Houses
Average rent
$3,648
Last 30 days
12%
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.
How does rent in Peabody, MA compare to other cities?
Compare median rent prices in Peabody and Burlington by all bedroom counts and property types.
Peabody
37%higher than the national median
71%higher than the national median
Takeaway
The median rent for all rentals in Peabody, MA is 20% lower than the median rent in Burlington, MA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$3,253
8%$2,902
12%$2,766
11%$2,466
8%$2,550
9%$2,500
1%$2,600
8%$2,600
6%$2,658
2%$2,975
1%$2,700
$2,550
12%Discover rentals in Peabody, MA
5d+ ago
Peabody Town Center apartment for rent in Peabody
2 beds
1 bath
$2,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
7 Oak St, Peabody, MA 01960
2 beds
1 bath
$2,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
13 Margin St, Peabody, MA 01960
2 beds
1 bath
$2,600
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Peabody Town Center apartment for rent in Peabody
10 Newcastle Rd #2, Peabody, MA 01960
2 beds
1 bath
$2,700
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Sep 1
8m ago
Verified
51 Keyes Dr, Peabody, MA 01960
Studio–2 beds
1 bath
$2,585–$2,665
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
5d+ ago
South Peabody apartment for rent in Peabody
369 Lynnfield St #1, Peabody, MA 01960
1 bed
1 bath
$2,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 15
5d+ ago
South Peabody apartment for rent in Peabody
Studio
1 bath
$1,700
Price dropped $100Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Nov 1
9h ago
Verified
1 Avalon Dr, Peabody, MA 01960
1–2 beds
1–2 baths
$2,427–$3,838
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Aug 12
8m ago
Verified
51 Keyes Dr, Peabody, MA 01960
Studio–2 beds
1 bath
$2,585–$2,665
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
17h ago
Verified
51 Keyes Dr #3041A, Peabody, MA 01960
2 beds
1 bath
$3,660
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
5d+ ago
Peabody Town Center apartment for rent in Peabody
2 beds
1 bath
$2,500
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
9h ago
Verified
1 Avalon Dr, Peabody, MA 01960
1–2 beds
1–2 baths
$2,427–$3,838
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Aug 12
17h ago
Verified
51 Keyes Dr #3041A, Peabody, MA 01960
2 beds
1 bath
$3,660
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
8m ago
Verified
51 Keyes Dr, Peabody, MA 01960
Studio–2 beds
1 bath
$2,585–$2,665
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
5d+ ago
Verified
2 beds
2 baths
$3,100
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
Available Oct 28
4d ago
West Peabody apartment for rent in Peabody
3 beds
2.5 baths
$3,985
Price dropped $315Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 15
5d+ ago
South Peabody apartment for rent in Peabody
Studio
1 bath
$1,700
Price dropped $100Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Nov 1
5d+ ago
South Peabody apartment for rent in Peabody
369 Lynnfield St #1, Peabody, MA 01960
1 bed
1 bath
$2,000
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 15
5d+ ago
Peabody Town Center apartment for rent in Peabody
Studio
1 bath
$1,350
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
Available Oct 15
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Frequently asked questions for Peabody, MA
Quick answers to common questions about the Peabody rental market.
How much is rent in Peabody?
The average rent in Peabody is $2,600 per month as of October 24, 2026.
Is rent up or down in Peabody?
Average rent prices in Peabody have increased by 4% over the last month and have decreased by 6% since last year.
How does Peabody rent compare to the national average?
Rent in Peabody is 37% above the national average, which means renters are paying approximately $700 more per month.
Which neighborhoods are most affordable in Peabody?
The most affordable neighborhoods in Peabody are Peabody Town Center ($1,925/mo), South Peabody ($2,400/mo), and Proctor ($2,727/mo).
What salary do I need to afford rent in Peabody?
To comfortably afford rent in Peabody, you'd need to earn approximately $104,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).