37 Osborne Hill Dr
SalemMA01970
Cheap Homes for Rent in Central Peabody Neighborhood of Peabody, MA from $1,400 (6 Rentals)
Cheap Homes in the Central Peabody area of Peabody.
12 River Dr
DanversMA01923
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
13 River Dr
DanversMA01923
31 Bradstreet Ave
DanversMA01923
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
8 Walnut St
PeabodyMA01960
6 Stevens St
PeabodyMA01960
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
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Central Peabody, Peabody, MA Local Guide
Peabody Town Center by massmatt is licensed under CC BY 2.0
How much does it cost to rent a home in Central Peabody?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Peabody 2 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Central Peabody 3 Bedroom Homes for Rent | $5,150 | $4,800 | $5,500 |
| Central Peabody 4 Bedroom Homes for Rent | $3,850 | $3,200 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Central Peabody Neighborhood of Peabody, MA.
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Central Peabody, Peabody, MA Local Guide
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Cheapest Available Central Peabody Apartments for Rent
The cheapest available apartment rental in the Central Peabody area of Boston, MA is a 1 Bed unit found at Princeton Crossing priced from $2,170. River Drive Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,200. Here are the most affordable Central Peabody apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Princeton Crossing | One BR Deluxe | 1BR,1BA | $2,170 |
| River Drive Apartments | A1G | 1BR,1BA | $2,200 |
| Ezio‘s Place | Affordable Unit (income restricted) | 2BR,1BA | $2,200 |
Best Value Apartments for Rent in Central Peabody, MA
As of May 01, 2025 the best value apartment in the Central Peabody area is the $2.05 price per square foot 38 Forest St Model at 38 Forest St, Unit #1 in the in the South Peabody neighborhood starting from $3,800. The second greatest value Central Peabody apartment is the 48 Balcomb St Model at 48 Balcomb St, Unit 2 starting at $3,195 with a $2.39 price per square foot in the North Salem neighborhood. Here is today’s list of the best values for Central Peabody apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 38 Forest St, Unit #1 | 38 Forest St | 3BR,1.5BA | $2.05 |
| 48 Balcomb St, Unit 2 | 48 Balcomb St | 3BR,1BA | $2.39 |
| 46 Holten St, Unit #1 | 46 Holten St | 2BR,1BA | $2.00 |
| River Properties | 312 RIver Rock Residences | 2BR,1BA | $2.76 |
| 26 Northend St, Unit #2 | 26 Northend St | 2BR,1BA | $2.40 |
| 9 Bowditch St, Unit #2 | 9 Bowditch St | 2BR,1BA | $2.40 |
| 91 Lowell St, Unit #3 | 91 Lowell St | 2BR,1BA | $2.60 |
| 85 Lowell St, Unit #1 | 85 Lowell St | 2BR,1BA | $2.67 |
| 14 North | Aster Gardens Loft (A1BL) | 1BR,1BA | $2.73 |
| Ezio‘s Place | Affordable Unit (income restricted) | 2BR,1BA | $2.59 |
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Frequently Asked Questions about Central Peabody
What type of rentals are currently available in Central Peabody?
There are currently 118 Apartments for Rent in Central Peabody, MA with pricing that ranges from $1,700 to $9,976. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Peabody ranging from $1,499 to $5,500.
What is the current price range for Rental Homes in Central Peabody?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Peabody ranges from $1,499 to $5,500 with an average monthly rent of $3,324.
How much are larger Three and Four Bedroom Rentals in Central Peabody?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Peabody range from $2,650 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,800 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $2,800.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.