Peabody, MA rental market

What is the average rent in Peabody, MA?

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Last updated August 10, 2026

Rental market summary

The average rent for all bedrooms and all property types in Peabody, MA is $2,700.

Average rent

$2,700

Month-over-month change

-$95

Year-over-year change

+$25

Available rentals

55

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,650 to $3,700.

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Rent frequencies
Rent priceNumber of rental properties
$1,6004
$1,7003
$1,9002
$2,0002
$2,1003
$2,2002
$2,3006
$2,40010
$2,5005
$2,6004
$2,7009
$2,8005
$2,9009
$3,0009
$3,1005
$3,2002
$3,3001
$3,5001
$3,6002
$3,700+2

Average rent price over time

In the last year, rent has increased by $25 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,600$2,750
Feb$2,781$2,650
Mar$2,650$2,599
Apr$2,700$2,500
May$2,400$2,500
Jun$2,700$2,659
Jul$2,710$2,725
Aug$2,638$2,795
Sep$2,675No data
Oct$2,600No data
Nov$2,750No data
Dec$2,700No data

Market temperature

The Peabody, MA rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Peabody, MA is 35% higher than the national average.

Peabody, MAvs.

$2,700

$2,003

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Frequently asked questions

1. What is the average rent in Peabody, MA?

The average rent in Peabody, MA is $2,700.

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

The average rent for a studio apartment in Peabody, MA is $1,700 per month.

3. What is the average rent for a one-bedroom apartment in Peabody, MA?

The average rent for a one-bedroom apartment in Peabody, MA is $2,350 per month.

4. What is the average rent for a two-bedroom apartment in Peabody, MA?

The average rent for a two-bedroom apartment in Peabody, MA is $2,700 per month.

5. What is the average rent for a three-bedroom apartment in Peabody, MA?

The average rent for a three-bedroom apartment in Peabody, MA is $3,100 per month.

6. How much does it cost to rent a house in Peabody, MA?

Houses in Peabody, MA rent between $1,650 - $3,700 with an average rent of $2,700.

7. How has the rent in Peabody, MA changed in the last year?

In the last year, the rent in Peabody, MA increased by $25

8. How much has the rent in Peabody, MA increased/decreased in the last month?

In the last month, the rent in Peabody, MA decreased by $95

9. How many available rentals are there in Peabody, MA?

There are currently 55 rentals available in Peabody, MA.

10. How do rent prices in Peabody, MA compare with the national average?

The average rent in Peabody, MA is $2,700 — 34.8% higher the national average of $2,003.

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