Peabody, Essex County, MA Rental Market Trends

What is the average rent in Peabody?

The average rent for an apartment in Peabody is $2,671. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Peabody, Essex County, MA

Last updated November 2024
Average Rent Average Apartment Size
$2,671 939 sq. ft.

What is the average apartment size in Peabody?

The average size for a Peabody, Essex County, MA apartment is 939 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Peabody, Essex County, MA apartment rent ranges

Peabody, Essex County, MA Occupied Housing Units

7,827 or 35% of the households in Peabody, Essex County, MA are renter-occupied while 14,851 or 65% are owner-occupied.

Peabody, Essex County, MA rent trends

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How Peabody Compares to Other Cities

State Average Rent
Boston $3,935
Worcester $1,973
Cambridge $3,742
Fall River $1,980
Quincy $2,781
Somerville $3,563
Waltham $3,199
New Bedford $1,984
Lowell $2,226
Salem $2,691
Medford $3,328
Beverly $2,661
Lynn $2,471
Malden $2,611
Revere $2,744
Melrose $3,070
Chelsea $2,904
Lawrence $2,180
Haverhill $2,199
Newton $3,767
Peabody $2,671

What is the average price for a storage unit in Peabody?

The average rent for a non-climate-controlled 10'x10' storage unit in Peabody is $145.13. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Peabody

19 Magnolia Way, Peabody, MA 01960
1 BED $2,385+
2 BEDS $2,805+
3 BEDS $3,755+

7 Dearborn Rd., Peabody, MA 01960
1 BED $2,580
2 BEDS $3,155+
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