Central Peabody

Peabody, MA

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Central Peabody - Peabody, MA

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Located 20 miles north of downtown Boston, Peabody Town Center provides its residents with a laid-back suburban atmosphere surrounding a central business district. Commuters can travel to Boston in less than one hour down I-95 and I-93, making this neighborhood an attractive choice for those who work in the city. Rental options include space in multi-family homes and units available in some larger apartment buildings.

Most of the activity in Peabody Town Center is in the Main Street area, which combines restaurants, shops, and historical attractions. The historic Peabody Institute Library hosts events for residents of all ages, such as painting classes, book groups, and concert series. Dine out at Maki Sushi Bar & Grill to try some unique maki rolls, or grab a sandwich at Bill & Bob's Roast Beef. Shoppers enjoy easy access to Northshore Mall, one of the largest upscale indoor shopping malls in the area. Those who love the outdoors can visit nearby Brooksby Farm to go hiking or apple picking in the fall.

Rent Trends

As of March 2025, the average apartment rent in Central Peabody is $2,283 for one bedroom, $2,775 for two bedrooms, and $3,041 for three bedrooms. Apartment rent in Central Peabody has increased by 4.4% in the past year.

  • 1 BR

  • 733 sq ft

    Average Sq Ft

  • $2,283/month

    Average Rent

  • 2 BR

  • 987 sq ft

    Average Sq Ft

  • $2,775/month

    Average Rent

  • 3 BR

  • 1,165 sq ft

    Average Sq Ft

  • $3,041/month

    Average Rent

Transportation

64

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

45

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Points of Interest

Parks and Recreation

  • Salem Maritime National Historic Site
  • Lynn Woods
  • Connors Farm
  • Lynn Heritage State Park
  • Saugus Ironworks National Historic Site

Military Bases

Airports

  • General Edward Lawrence Logan International

Top Apartments in Central Peabody

Houses for Rent in Central Peabody

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.