
Studio Apartments for Rent in Peabody, MA (32 Rentals)


Salem Highlands
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

Grove Street Landing

585 Essex St

40R Highland Ave
Peabody, MA Local Guide

How much does it cost to rent an apartment in Peabody?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peabody Studio Apartments | $1,821 | $1,100 | $2,700 |
Peabody 1 Bedroom Apartments | $2,714 | $1,350 | $10,000+ |
Peabody 2 Bedroom Apartments | $3,229 | $1,500 | $10,000+ |
Peabody 3 Bedroom Apartments | $3,282 | $2,550 | $4,825 |
Browse Top Apartments in Peabody
See all Apartments in PeabodyExplore Peabody
Peabody, MA Local Guide
- Peabody Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Peabody and Nearby Studio Apartments
The largest available Studio apartment unit in Peabody, MA is found at THE ESSEX in the Central neighborhood and is 9,999 square feet priced from $1,550. The Beverly Collection in the Centerville neighborhood has the second largest Studio, which is sized at 531 square feet and currently listed start at $2,590. Here is today’s list of the largest available Studio units in Peabody:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
THE ESSEX | 0BR/1.0BA | 9,999 Sq Ft | $1,550 |
The Beverly Collection | Block S1D | Studio | 1 Bath | 531 Sq Ft | $2,590 |
Amara | S | 464 Sq Ft | $2,585 |
Cheapest Available Peabody and Nearby Studio Apartments
As of March 03, 2025 the lowest priced Studio apartment unit in Peabody, MA is the 0BR/1.0BA Model starting from $1,550 at THE ESSEX in the Central neighborhood. The second most affordable Peabody Studio is the S Model at Amara starting at $2,585 in the South Salem neighborhood. The average price for all Studio apartments in Peabody is currently $1,821. Here is today’s list of the cheapest available Studio options in Peabody:
Apartment Listing | Model Name | Priced From |
---|---|---|
THE ESSEX | 0BR/1.0BA | $1,550 |
Amara | S | $2,585 |
The Beverly Collection | Block S1D | Studio | 1 Bath | $2,590 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Peabody, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Peabody, MA Rentals by Map
See the most popular apartments and homes in Peabody, MA
Getting Around Peabody, MA
Walk Score®
62 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Studio Peabody Apartments
What is the Cheapest apartment in Peabody with Studio?
Currently the most affordable Studio in Peabody is at THE ESSEX listed at $1,550.
How much is the average rent for a Studio Peabody Apartment?
The average rent for a Studio Apartment in Peabody is $1,821.
What is the largest available Studio Peabody Apartment for rent?
Today's apartment with the most square footage in Peabody is a 9,999 square feet unit starting from $1,550 at THE ESSEX.
What is the average size for Peabody Studio Apartments for rent?
The average size for a Studio rental in Peabody is currently 2,829 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The 10 Best Affordable Neighborhoods in Boston, MA
Written by: Amelia Ramstead
Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.