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Peabody, MA House for Rent

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  • 5 Lakeview Ave, Peabody, MA 01960
    5 Lakeview Ave, Peabody, MA 01960
    5 Lakeview Ave, Peabody, MA 01960
    /19

    $3,500 Per Month

    • 2 Beds
    • 1 Bath
    • 1,040 Sq Ft
    • House for Rent

    5 Lakeview Ave, Peabody, MA 01960

    Don't miss this opportunity to rent a single-family home! Located in a very nice and quiet area in Peabody; with a cozy and relaxing atmosphere and a beautiful lake view ready to enjoy, with green areas around the house. This property was recently painted and remodeled in spaces such as the kitchen, bathroom, and bedrooms. Good-sized spaces like bedrooms, living room, and kitchen. Parking for two

    Patricia Parra Keller Williams Realty Evolution

    5 Lakeview Ave, Peabody, MA 01960
Massachusetts Essex County Peabody

Houses for Rent in Peabody, MA

Frequently Asked Questions

How much does it cost to rent a single-family home in Peabody, MA?
The median rent for a single-family home in Peabody, MA is $3,350 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Peabody, MA?
To comfortably afford the median rent in Peabody, MA, a household needs to earn roughly $106,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,650 per month in Peabody, MA, renters typically need to show $7,950 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Peabody, MA?
In Peabody, MA, the price-to-rent ratio is 20.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Peabody, MA are best for renting a single-family home?
The best neighborhood for renting in Peabody, MA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Winchester Highlands, Jeffries Point, West End and North Medford, each with its own character and price range.

Rental Home Trends in Peabody, MA

There are currently 1 single-family homes available for rent in Peabody, MA. The median rent is $3,350 per month, with 3-bedroom houses renting at $4,000.

Rental Home Trends

Number of Houses for Rent
1
Median Single Family Home Rent
$3,350
Median 3 Bedroom Single Family Home Rent
$4,000
How to Rent a Home

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