Bedroom count
Property type
Last updated on June 17, 2026
Average rent in
Peabody, MA
Average rent in
Last updated on June 17, 2026
Bedroom count
Property type
Median rent
Median rent in Peabody
$2,595/mo
5%vs previous year
The average rent in Peabody is $2,595 per month as of June 2026. This is 33% above the national average rent, or $645 more per month.
average price per square foot
Total rentals
Available rentals in Peabody
16
for rent on Zumper.com as of June 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 2% over the last month and have increased by 5% 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 $2,571, whereas a house costs $4,400. 1-bedroom apartments in Peabody run $2,439 on average, while 2-bedroom apartments are $3,052.
Listings | ||||
|---|---|---|---|---|
Studio | $2,415 | 4% |  11% | |
1 bedroom | $2,591 | 4% | 16% | |
2 bedroom | $2,972 | 1% | 11% | |
3 bedroom | $3,659 | 71% | No Change | |
4 bedroom | $4,750 | 3% | 195% |
Listings | ||
|---|---|---|
Peabody Town Center | $1,825 | |
Proctor | $2,910 | |
South Peabody | $2,200 | |
West Peabody | $2,795 |
Listings | ||||
|---|---|---|---|---|
Apartments | $2,571 | 1% | No Change | |
Condos | $2,600 | 16% | 13% | |
Houses | $4,400 | 13% | 2% |
Studio
Average rent
$2,415
Last 30 days
4%
Last year
11%
1 bedroom
Average rent
$2,591
Last 30 days
4%
Last year
16%
2 bedroom
Average rent
$2,972
Last 30 days
1%
Last year
11%
3 bedroom
Average rent
$3,659
Last 30 days
71%
Last year
No Change
4 bedroom
Average rent
$4,750
Last 30 days
3%
Last year
195%
Proctor
Average rent
$2,910
Peabody Town Center
Average rent
$1,825
South Peabody
Average rent
$2,200
West Peabody
Average rent
$2,795
Apartments
Average rent
$2,571
Last 30 days
1%
Condos
Average rent
$2,600
Last 30 days
16%
Last year
13%
Houses
Average rent
$4,400
Last 30 days
13%
Last year
2%
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
33%higher than the national median
59%higher than the national median
Takeaway
The median rent for all rentals in Peabody, MA is 16% lower than the median rent in Burlington, MA.
Average rent in nearby cities
Explore rent trends in neighboring markets
$3,100
12%$2,500
2%$3,290
52%$2,200
33%$2,375
26%$2,625
1%$2,700
15%$2,500
12%$2,665
20%$2,880
11%$3,772
16%$2,695
6%Discover rentals in Peabody, MA
5d+ ago
85 Lowell St, Peabody, MA 01960
2 beds
1 bath
$2,550–$2,650
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
5d+ ago
Peabody Town Center apartment for rent in Peabody
2 beds
1 bath
$2,600
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
Available Oct 27
18h ago
Peabody Town Center apartment for rent in Peabody
2 beds
1 bath
$2,800
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
Available Jul 1
5d+ ago
Verified
2 beds
2 baths
$3,100
The price shown reflects a 12-month lease. Fees may apply.Condo for rent
Available May 1
18h ago
Verified
1 Avalon Dr, Peabody, MA 01960
1–2 beds
1–2 baths
$2,496–$3,964
Price drop
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Apartment for rent
Available May 27
5h ago
Verified
51 Keyes Dr, Peabody, MA 01960
Studio–2 beds
1 bath
$2,160–$2,700
Price drop
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Apartment for rent
5h ago
115 Lowell St, Peabody, MA 01960
1 bed
1 bath
$2,000–$2,050
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
18h ago
Peabody Town Center apartment for rent in Peabody
2 beds
1 bath
$2,800
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
Available Jul 1
5h ago
Verified
51 Keyes Dr, Peabody, MA 01960
Studio–2 beds
1 bath
$2,160–$2,700
Price drop
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Apartment for rent
18h ago
Verified
1 Avalon Dr, Peabody, MA 01960
1–2 beds
1–2 baths
$2,496–$3,964
Price drop
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Apartment for rent
Available May 27
5d+ ago
Verified
2 beds
2 baths
$3,100
The price shown reflects a 12-month lease. Fees may apply.Condo for rent
Available May 1
5h ago
115 Lowell St, Peabody, MA 01960
1 bed
1 bath
$2,000–$2,050
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
18h ago
Verified
1 Avalon Dr, Peabody, MA 01960
2 beds
2 baths
$2,835–$3,964
Price drop
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Apartment for rent
Available Jun 17
5h ago
Verified
51 Keyes Dr, Peabody, MA 01960
Studio–2 beds
1 bath
$2,160–$2,700
Price drop
The price shown reflects a 12-month lease and includes base rent plus all required monthly fees provided by the property.Apartment for rent
2d ago
Peabody Town Center apartment for rent in Peabody
1 bed
1 bath
$2,000
$1,850
Price drop
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
Available Jun 15
5d+ ago
Peabody Town Center apartment for rent in Peabody
Studio
1 bath
$1,650
The price shown reflects a 12-month lease. Fees may apply.Apartment for rent
Available Jun 10
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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 $2,595 per month as of June 13, 2026.
Is rent up or down in Peabody?
Average rent prices in Peabody have increased by 2% over the last month and have increased by 5% since last year.
How does Peabody rent compare to the national average?
Rent in Peabody is 33% above the national average, which means renters are paying approximately $645 more per month.
Which neighborhoods are most affordable in Peabody?
The most affordable neighborhoods in Peabody are Peabody Town Center ($1,825/mo), South Peabody ($2,200/mo), and West Peabody ($2,795/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.
When is the best time of year to rent in Peabody?
The average rent for a 1-bedroom apartment in Peabody, MA is $2,469, while a 2-bedroom apartment averages $2,864.
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).