What's the average rent in Peabody, MA?

Rental Market Trends in Peabody, MA

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Peabody, MA is $2,600 per month, which is 35% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$2,600

-7.0%-$195 decrease month-over-month

-5.5%-$151 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,353

HOUSES

$3,450

TOWNHOUSES

$3,300

As of November 2026, apartments are the most affordable rental option in Peabody, MA at $2,353 per month, while houses are the most expensive at $3,450 per month. Townhomes average $3,300 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,099
2 Bedrooms	$2,600
3 Bedrooms	$3,100
4 Bedrooms	$3,200
All	$2,600

As of November 2026, the average rent for a 1 bedroom rental in Peabody, MA is $2,099 per month, followed by $2,600 for a 2 bedroom rental, $3,100 for a 3 bedroom rental, and $3,200 for a 4 bedroom rental.

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

As of November 2026, the average rent for a 2 bedroom townhome in Peabody, MA is $2,795 per month, followed by $3,300 for a 3 bedroom townhome, and $4,000 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,950
2 Bedrooms	$2,500
3 Bedrooms	$2,900
4 Bedrooms	$3,200
All	$2,500

As of November 2026, the average rent for a 1 bedroom apartment in Peabody, MA is $1,950 per month, followed by $2,500 for a 2 bedroom apartment, $2,900 for a 3 bedroom apartment, and $3,200 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$3,300
3 Bedrooms	$3,450
4 Bedrooms	$4,300
All	$3,450

As of November 2026, the average rent for a 2 bedroom house in Peabody, MA is $3,300 per month, followed by $3,450 for a 3 bedroom house, and $4,300 for a 4 bedroom house.