37 Osborne Hill Dr
SalemMA01970
Cheap Homes for Rent in South Peabody Neighborhood of Peabody, MA from $1,400 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the South Peabody area of Peabody.
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
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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South 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 South Peabody?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Peabody 2 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| South Peabody 3 Bedroom Homes for Rent | $4,650 | $4,500 | $4,800 |
| South Peabody 4 Bedroom Homes for Rent | $3,350 | $3,350 | $3,350 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the South Peabody Neighborhood of Peabody, MA.
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South Peabody, Peabody, MA Local Guide
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Best Value Apartments for Rent in South Peabody, MA
As of April 27, 2025 the best value apartment in the South 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 South Peabody apartment is the 46 Holten St Model at 46 Holten St, Unit #1 starting at $2,400 with a $2.00 price per square foot in the South Salem neighborhood. Here is today’s list of the best values for South 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 |
| 46 Holten St, Unit #1 | 46 Holten St | 2BR,1BA | $2.00 |
| Michaels Landing | 2BED 2BATH (AUG-SEP 2025) | 2BR,2BA | $2.70 |
| 69 Lake View Ave, Unit 1 | 69 Lake View Ave | 2BR,1BA | $2.55 |
| 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 |
| 116 Foster St, Unit #220 | 116 Foster St | 2BR,1BA | $2.78 |
| 21 N Central St, Unit #2 | 21 N Central St | Studio ,1BA | $2.76 |
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Frequently Asked Questions about South Peabody
What type of rentals are currently available in South Peabody?
There are currently 85 Apartments for Rent in South Peabody, MA with pricing that ranges from $1,050 to $11,893. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Peabody ranging from $1,499 to $4,800.
What is the current price range for Rental Homes in South Peabody?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Peabody ranges from $1,499 to $4,800 with an average monthly rent of $3,074.
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.
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.
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.