What's the average rent in Peabody, MA?

Rental Market Trends in Peabody, MA

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Peabody, MA is $2,795 per month, which is 42% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,795

1.6%$45 increase month-over-month

6.3%$165 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,461

HOUSES

$3,711

TOWNHOUSES

$2,795

As of August 2026, apartments are the most affordable rental option in Peabody, MA at $2,461 per month, while houses are the most expensive at $3,711 per month. Townhomes average $2,795 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,300
2 Bedrooms	$2,700
3 Bedrooms	$3,100
4 Bedrooms	—
All	$2,795

As of August 2026, the average rent for a 1 bedroom rental in Peabody, MA is $2,300 per month, followed by $2,700 for a 2 bedroom rental, and $3,100 for a 3 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,795
3 Bedrooms	—
4 Bedrooms	—
All	$2,795

Floor plan type	Average rent
1 Bedroom	$2,300
2 Bedrooms	$2,500
3 Bedrooms	$3,000
4 Bedrooms	—
All	$2,795

As of August 2026, the average rent for a 1 bedroom apartment in Peabody, MA is $2,300 per month, followed by $2,500 for a 2 bedroom apartment, and $3,000 for a 3 bedroom apartment.