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Cheap Apartments for Rent in Peabody MA - 9 Rentals

Peabody, MA Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments and affordable rent in Peabody. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that apartment size and upscale amenities are not as important to you. On the other hand, if you value space, access to community amenities, or high-end appliances, you may be willing to move farther out from Peabody hot spots where you can afford more apartment for less.

How to Find a Cheap Apartment in Peabody, MA

Rent in the city center tends to be more expensive. Try looking for budget-friendly apartments in neighborhoods farther from downtown. These areas offer mid-range prices and can still be close enough to everything you need. Try looking for areas of Peabody that might have more available rental units than others. In places with higher vacancy rates, landlords may be more likely to offer cheaper rent to fill the space.

When Are Apartments in Peabody, MA Cheapest?

If you want to find cheap rent in Peabody, timing can make a big difference. Apartments are usually cheaper during the off-season, typically December through March. During this time, fewer people are looking to move, so landlords are often more willing to offer lower rent to fill empty units. Another good time to search is at the end of the month when leases are up, and landlords want to fill vacancies quickly.

Cheap apartments in Peabody tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.


Peabody, MA Rental Insights

Average Rent Rates

What is the average rent in Peabody, MA?

The average monthly rent in Peabody, MA is around $2,140.

Where can I find cheap apartments in Peabody, MA?

Apartments in Peabody, MA rent for around $2,140 but there are plenty of rentals to be found for $1,409 throughout the city.

How many cheap rentals are available in Peabody, MA on Apartments.com?

With over 9 affordable apartments on Apartments.com, you’re sure to find an Peabody, MA apartment at the right price.

What is the average rent for a studio in Peabody, MA?

You can expect to pay roughly $1,409 per month for a studio in Peabody, MA.

How expensive is a one-bedroom apartment in Peabody, MA?

The average one bedroom in Peabody, MA rents for $2,141 per month.

How expensive is a two-bedroom apartment in Peabody, MA?

Two-bedroom apartments in Peabody, MA rent for $2,807 per month.

Helpful Rental Guides for Peabody, MA

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