Peabody, MA
4 Beds
1 Bath
Available: Now
*
Rent prices for units in luxury buildings change frequently subject to floor level, view, floor plan, and market conditions. Call for latest pricing.
$2,900/mo

Cost & Fee Information

Monthly Rent & Fees

Required

Monthly Base Rent

$2,900

Heat

Tenant pays utility company monthly.

Usage-Based

Hot Water

Tenant pays utility company monthly.

Usage-Based

Electricity

Tenant pays utility company monthly.

Usage-Based

Water & Sewer

Included in monthly rent.

Included

Garbage Collection

Weekly trash pickup or dumpster.

Included

Optional

Pets

Pets not allowed.

-
Parking

No parking.

-

One-Time Fees

First Month's Rent
$2,900
Last Month's Rent
$0
Security Deposit
$0
Key & Lock Replacement Fee
$0

Property Description

Nestled in the heart of Peabody, Massachusetts, this delightful apartment presents an exceptional opportunity for comfortable and convenient living. This enchanting 4-bedroom, 1-bathroom unit with a new kitchen and flooring(still being finished and painted) exudes warmth and character, making it an ideal haven for those seeking both style and practicality with easy access to major highways, shopping centers, restaurants, and parks, you'll enjoy the perfect balance of suburban tranquility and city convenience. Coin-op laundry in building on the same level. 1 Off street parking spot, plus ample street parking. Available 9/1.

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Price Comparison

This apartment is 27.5% less expensive than the average price of $4,000 for 4 bedroom apartments in Peabody. It's rare to find an apartment this far below the average rent price in Peabody. Units like this rent quickly. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 4 Bedroom Apartments in Peabody

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:
$116,000 - $139,200
You + 3 Roommates, Each:
$29,000 - $34,800
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$4,060

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Mid Range

25% of Gross Income

$2,900

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Low Range

15% of Gross Income

$1,740

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Have You Considered Buying Your Own Home?

Instead of paying $2,900/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 6.3% interest, 20% down payment, $120/mo homeowners insurance, and the average $10.90 property tax rate in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.

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