Terrace Estates

143 Shore Dr, Peabody, MA 01960

Verified

Apartment building

1-3 beds

Parking lot

Air conditioning (central)

Shared laundry

Available units

Price may not include required fees and charges. Price shown reflects the lease term provided for each unit.

Unit , sortable column	Sqft, sortable column	Available, sortable column	Base rent, sorted ascending
Arlington 1 bd, 1 ba	589	Now	$2,325+
Fairfield 1 bd, 1 ba	740	Now	$2,425+
Ipswich 2 bd, 1.5 ba	850	Now	$2,720+
Clarendon 2 bd, 1.5 ba	930	Now	$2,725+
Gloucester 2 bd, 1 ba	850	Now	$2,725+
Berkeley 2 bd, 1 ba	795	Now	$2,725+
Dartmouth 3 bd, 1 ba	940	Now	$2,775+
Exeter 3 bd, 1.5 ba	--	Now	$2,775+
Hereford 3 bd, 1.5 ba	1,050	Now	$2,800+
Winchester 2 bd, 2 ba	894	Now	$2,975+
Newton 2 bd, 2 ba	943	Now	$3,025+
Peabody 3 bd, 2 ba	1,299	Now	$3,200+
Magnolia 3 bd, 2 ba	1,360	Now	$3,275+

What's special

Laundry in unit

Terrace Estates is a diverse community. Some new and some tenants have been with us for years. We are close to majoy highways, schools, shopping, groceries, gas. We have a fitness center, playground and sports court. Different unit styles come with laundry in unit. Heat and Hot water is included in the rent. We offer ach, renewal increase caps and longevity discounts.

Office hours

Day	Open hours
Mon - Sat:	8 am - 4 pm
Sun:	Closed

Facts, features & policies

Building Amenities

Community Rooms

Fitness Center

Fitness & sports

Basketball Court

Sports Field

Other

Laundry: Shared

Outdoor common areas

Lawn

Playground

Security

Intercom

Services & facilities

24 Hour Maintenance

On-Site Management

Online Maintenance Portal

Online Rent Payment

Spanish Speaking Staff

Storage Space

Unit Features

Appliances

Dishwasher

Freezer

Garbage Disposal

Microwave Oven

Oven

Range

Refrigerator

Cooling

Central Air Conditioning

Wall Mounted Air Conditioning

Window Mounted Air Conditioning

Flooring

Carpet

Hardwood

Linoleum

Heating

Electric

Other

Patio Balcony

Policies

Parking

Parking Lot

Lease terms

One year

Utilities included in rent

Heating

Hot Water

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Dogs
Dogs are not allowed
Cats
Cats are not allowed

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Neighborhood: 01960

Areas of interest

Use our interactive map to explore the neighborhood and see how it matches your interests.

Travel times

Getting around

Walk Score^®

/ 100

Car-Dependent

Bike Score^®

/ 100

Somewhat Bikeable

Nearby schools in Peabody

Thomas Carroll Elementary School

Grades PK-5 • 1.3 miles

5/10

GreatSchools^® Rating

Test Score Rating

3/10

Student Progress Rating

6/10

J Henry Higgins Middle School

Grades 6-8 • 0.7 miles

5/10

GreatSchools^® Rating

Test Score Rating

5/10

Student Progress Rating

4/10

Peabody Veterans Memorial High School

Grades 9-12 • 1.8 miles

3/10

GreatSchools^® Rating

Test Score Rating

3/10

College Readiness Rating

3/10

Shopping Scene
The Northshore Mall area and surrounding commercial corridors offer a broad mix of shops and everyday services.
Historic Area
Peabody’s leather-making past remains part of the city’s local history.
Outdoor Activities
Brooksby Farm offers seasonal activities and walking paths amid open land.
Commuter Friendly
Major roads and MBTA bus routes link the area with Salem and other North Shore destinations.

ZIP code 01960 covers West Peabody, Needham Corner, Proctor and South Peabody, inland neighborhoods in northeastern Massachusetts with a mix of residential streets, commercial corridors and wooded open space. New England’s four-season climate brings snowy winters and warm summers. Peabody’s leather-making history is reflected in the city’s historic sites, while nearby Brooksby Farm offers seasonal outdoor activities and walking paths. Shopping and dining range from the Northshore Mall area to local restaurants, cafés and everyday services along major roads. The Peabody Institute Library’s main branch provides books and community programs. Driving is convenient for reaching nearby North Shore destinations, and MBTA bus routes connect parts of Peabody with Salem and other nearby communities. The rental market for ZIP code 01960 has a median rent of $2,795 per month and a typical range of $1,620 to $4,300.

Cost calculator

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Listing order may reflect relevance, quality, and paid promotion.

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Frequently asked questions

Where is Terrace Estates located, and what is the neighborhood like?

Terrace Estates is located at 143 Shore Dr, Peabody, MA. The surrounding area includes multiple restaurants and cafes within 2 miles, such as The Cheesecake Factory, Caffè Nero, and Starbucks.

What is the average rent in Peabody, MA?

Based on the latest Zillow data, the median rent across all unit types in ZIP code 01960 in Peabody is currently $2,795 per month. Prices vary by neighborhood, floor plan, and building amenities.

What schools are assigned to Terrace Estates?

The schools assigned to Terrace Estates include Thomas Carroll Elementary School, J Henry Higgins Middle School, and Peabody Veterans Memorial High School.

What are the grocery stores and everyday shopping options near Terrace Estates?

Terrace Estates is located near 6 grocery stores, including Shaw's (0.4 miles) and GNC (0.4 miles). Additional shopping options, including Victoria's Secret, are approximately 0.4 miles away.

What is the minimum and maximum rent for Terrace Estates?

The total price for an apartment unit in Terrace Estates ranges from $2,325 to $3,275. The total price will vary by floor plan, unit size, and unit amenities.