What's the average rent in Peabody, MA?

Rental Market Trends in Peabody, MA

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Peabody, MA is $2,750 per month, which is 41% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,750

3.8%$100 increase month-over-month

-1.8%-$50 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,519

HOUSES

$2,800

TOWNHOUSES

$2,795

As of June 2026, apartments are the most affordable rental option in Peabody, MA at $2,519 per month, while houses are the most expensive at $2,800 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	$2,075
2 Bedrooms	$2,795
3 Bedrooms	$3,300
4 Bedrooms	$4,200
All	$2,750

As of June 2026, the average rent for a 1 bedroom rental in Peabody, MA is $2,075 per month, followed by $2,795 for a 2 bedroom rental, $3,300 for a 3 bedroom rental, and $4,200 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,983
2 Bedrooms	$2,795
3 Bedrooms	$3,100
4 Bedrooms	—
All	$2,700

As of June 2026, the average rent for a 1 bedroom apartment in Peabody, MA is $1,983 per month, followed by $2,795 for a 2 bedroom apartment, and $3,100 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,400
3 Bedrooms	$4,950
4 Bedrooms	$4,200
All	$2,800

As of June 2026, the average rent for a 2 bedroom house in Peabody, MA is $2,400 per month, followed by $4,950 for a 3 bedroom house, and $4,200 for a 4 bedroom house.