Peabody, MA rental market

Choose another area

Last updated September 25, 2025

Rental market summary

The average rent for all bedrooms and all property types in Peabody, MA is $2,450.

Average rent

$2,450

Month-over-month change

-$250

Year-over-year change

-$250

Available rentals

38

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,625 to $4,000.

Rent frequencies
Rent priceNumber of rental properties
$1,6003
$1,7002
$1,8003
$1,9004
$2,0003
$2,1005
$2,2002
$2,3003
$2,4003
$2,5001
$2,6005
$2,7005
$2,8004
$2,9004
$3,0002
$3,2001
$3,3001
$3,9001
$4,000+1

Average rent price over time

In the last year, rent has decreased by $250 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,650$2,600
Feb$2,688$2,781
Mar$2,800$2,650
Apr$2,709$2,700
May$2,700$2,400
Jun$2,700$2,700
Jul$2,800$2,710
Aug$2,800$2,638
Sep$2,800$2,675
Oct$2,637No data
Nov$2,600No data
Dec$2,506No 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 20% higher than the national average.

Peabody, MAvs.

$2,450

$2,050

Rent in Peabody, MA

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

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

The average rent in Peabody, MA is $2,450.

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

Houses in Peabody, MA rent between $1,625 - $4,000 with an average rent of $2,450.

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

In the last year, the rent in Peabody, MA decreased by $250

4. 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 $250

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

There are currently 38 rentals available in Peabody, MA.

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

The average rent in Peabody, MA is $2,450 — 19.51% higher the national average of $2,050.