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Rent by ZIP · Essex County

Rent in Peabody, MA 01960

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,650 (+3.5% vs FY2026). Renters in this ZIP code pay a median $1,950 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,130$2,040+4.4%$1,917–2,343$1,721 ±$667
1 bedroom$2,230$2,160+3.2%$2,007–2,453$1,796 ±$138
2 bedrooms$2,650$2,560+3.5%$2,385–2,915$2,028 ±$169
3 bedrooms$3,180$3,080+3.2%$2,862–3,498$2,237 ±$339
4 bedrooms$3,510$3,390+3.5%$3,159–3,861$3,021 ±$2,533

Small Area FMRs for the Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, 2 bedrooms: $3,008. This county is split into more than one HUD area.

What renters pay in 01960

Median gross rent$1,950±$99 · all sizes
Renter households7,70235% of occupied homes
No cash rent355households

How rents are spread

Under $1,00011%
$1,000–1,49916%
$1,500–1,99926%
$2,000–2,49917%
$2,500–2,99913%
$3,000–3,49912%
$3,500+6%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
01965Prides Crossing$2,770–
01966Rockport$2,650$2,197
01952Salisbury$2,650$2,012
01951Newbury$2,740–
01969Rowley$2,650$1,533
01950Newburyport$2,650$1,775

Fair Market Rents across Essex County, MA · All MA counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.