Apartments in Peabody

1 - 6 of 6 Results
22
$2,320 - 3,190
51 Keys Drive Peabody, MA
1 - 2 BR | Available Now
Contact
Dishwasher
42
$2,905
200 Jubilee Dr Peabody, MA
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
21
$2,245 - 4,103
Deal
5.0
1 Avalon Dr Peabody, MA
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
6
$2,700
Peabody, MA
2 BR | Available Now
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Storage
10
$2,450 - 4,150
19 Magnolia Way Peabody, MA
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
1
$1,950
88 Tremont St Peabody, MA
2 BR | Ask for Availability
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1 - 6 of 6 Results
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How much does it cost to rent an apartment in Peabody?

Peabody Apartments
Bed Type Average Rent Range
1BR $2,650 $2,280 - $2,780
2BR $2,940 $2,600 - $3,320
3BR $3,470 $3,410 - $3,480

Neighborhoods

Search Cities Near Peabody, MA

Peabody:
March Rent Report

Welcome to the March 2024 Peabody Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Peabody rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Peabody and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Peabody average rent prices in the chart below.

Monthly Rent Report

$3,150
$2,360
$1,580
$790
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Peabody Rent Prices Increase From February to March

Peabody rent prices increased over the last month. From February to March, the city experienced a 0.64% increase for the price of a one-bedroom apartment. The rent price for a Peabody one-bedroom apartments currently stands at $2,654.0.

When we take a look at the two-bedroom comparison from February to March, Peabody experienced a 0.16% increase for the price of a two-bedroom apartment. The rent price for a Peabody two-bedroom apartments currently stands at $3,036.0.

March Prices: Peabody vs. Surrounding Areas

Rent Prices in Peabody and Surrounding Areas

Rent prices have increased in Peabody over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Peabody suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Peabody suburbs

  • Rents did not decrease in any of the Peabody suburbs.

March 2024 Pricing Trends: Peabody vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Peabody Rent Prices More Affordable Than Major Cities

Rent growth in Peabody over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Peabody average rent prices appear to be relatively affordable for local residents.

The price for a Peabody one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Peabody and surrounding area rent prices, take a look at the complete data set below.

Data set for Peabody and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.