""
Save This Search

3 Bedroom Apartments for Rent in Peabody, Essex County, MA
1 Rental Available

  • Top Rated for Location
    Today

    19 Magnolia Way, Peabody, MA 01960
    Contact for availability
    • 3 BEDS
    • $3,675+
    View Property

Look for 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RentCafe to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Frequently Asked Questions

What is the price of a 3 bedroom apartment in Peabody, Essex County, MA?

The price range of a 3 bedroom apartment is between $3,670 and $4,675. Search 3 bedroom apartments in Peabody, Essex County, MA.

What is the average size of a 3 bedroom apartment in Peabody, Essex County, MA?

The average Peabody, Essex County, MA 3 bedroom apartment size is 1,340 sq. ft.

What are the advantages of renting a 3 bedroom apartment in Peabody, Essex County, MA?

Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

What are the downsides of renting a 3 bedroom apartment in Peabody, Essex County, MA?

A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs. You might be interested in studio apartments, 1 bedroom apartments or 2 bedroom apartments, or browse all RentCafe apartments for rent in Peabody, Essex County, MA.

Peabody, Essex County, MA Demographics

  • Total Population52,906
  • Female 25,372
    Male 27,534
  • Median Age45.8

A total population of 52,906 lives in Peabody, Essex County, MA, according to data published by the U.S. Census Bureau. Population statistics show that 27,534 of Peabody’s residents are women and 25,372 are men. The median age of the population in Peabody, Essex County, MA is 45.8.

Average Rent in Peabody, Essex County, MA

  • Peabody, Essex County, MA Average Rental Price, April 2022 $2,387 /mo

Apartments for rent in Peabody, Essex County, MA have an average price of $2,387 per month.

Peabody, Essex County, MA Apartment Rent Ranges

Peabody, Essex County, MA Rent Trends

Average Rent Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Apr / 2022
Peabody, Essex County, MA $2,073 $2,175 $2,185 $2,134 $2,149 $2,210 $2,178 $2,353 $2,427 $2,387
National $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628

Compared to the average rent in the U.S. of $1,628, the rent in Peabody, Essex County, MA is $2,387 per month.

Peabody, Essex County, MA Households

  • Total Number of Households21,713
  • Family 13,510
    Non-family 8,203
  • Children 5,332
    No Children 16,381
  • Average People Per Household2.41
  • Median Household Income$73,217
  • Median Housing Costs Per Month$1,445

According to the U.S. Census, there are 21,713 households in Peabody, Essex County, MA. The Census estimates also show that 13,510 are family households and 8,203 are non-family households. Moreover, Peabody has 5,332 households with children in Peabody and 16,381 households without children. On average, about 2.41 people constitute a household in Peabody, Essex County, MA. The median income of a Peabody household living in Peabody is $73,217 per year. The housing costs per month are estimated around $1,445.

Peabody, Essex County, MA Education Statistics

According to U.S. Census Bureau estimates, the share of residents in Peabody, Essex County, MA that have no high school education is 5%, and the share of those who went to high school is 34%. 22% of residents have some college education, 9% have an Associate Degree, while 21% have a Bachelor Degree, and a share of 10% have a Graduate Degree.

Renting a 3 bedroom apartment in Peabody, Essex County, MA

With 1 apartment in Peabody, Essex County, MA, it can be hard finding just the right 3 bedroom apartment. Before you even start thinking about size, price and features, you have to choose a neighborhood. And that’s no easy task, considering that, depending on the area, you get a wide range of rentals in Peabody, Essex County, MA, from very cheap to very expensive. Andover Town is the most expensive neighborhood of Peabody, Essex County, MA with rents as high as $5,890, while in more affordable areas like Lawrence the monthly rent can be as low as $1,455. Then you also have to factor in the distance to work, kindergarten and/or school. It’s an important decision, as most likely you’re going to spend the next couple of years in this apartment with your family. You are not just searching for an apartment to live in, you’re searching for a home. The internet is supposed to help, but it only confuses you further with redundant lists of things you should pay attention to. We know the feeling very well. Let us give you just one piece of advice: take the rational path and get your priorities right. The only person who knows what type of apartment you need is you. Create a mental or written list of things you absolutely cannot live without, filter accordingly. If a balcony or a garage is absolutely crucial, then head on to the filters section and check the ones you want. This way you will save time by skipping the apartments that don’t meet your criteria.

Is choosing a cheap apartment worth it?

There are certainly plenty of options among our 1 available unit in Peabody, Essex County, MA if you’re considering also cheap 3 bedroom apartments. But are they worth considering? Certainly. Yet, you should not get carried away with very low prices, as your decision is not affecting only you. Most probably you’re moving with a family, and for the next few years this will be the place where your children will create memories. Good or bad. Remember how much you hated staying between four walls when you were a kid? Are there any playgrounds or parks around? Neighborhood amenities are important too. Cheap apartments in Peabody, Essex County, MA have low prices mostly because of their location. Take into account your morning commute. With children morning commutes are quite long anyway, so moving to that amazing apartment in Lawrence can quickly become a drag if it’s on the opposite end of town than your job or the oldest one’s school. That being said, cheap apartments can be really good deals, but not at any price.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!