Known for its rich leather-making history that earned it the nickname "Tanner City," Peabody offers rental houses in a classic New England setting just 15 miles northeast of Boston. Houses for rent in Peabody provide residents with access to both North Shore beaches and downtown Boston, with typical commute times of 30 minutes via Interstate 95 and Route 1. The city's housing includes beautifully preserved Victorian-era homes in the Washington Street Historic District, where 19th-century architecture reflects the city's industrial heritage, as well as single-family homes throughout West Peabody's tree-lined streets.

West Peabody features larger lots and quick access to the Northshore Mall, anchored by high-end retailers like Nordstrom and Apple. The South Peabody neighborhood showcases a blend of updated ranch-style homes and traditional New England architecture, with easy access to Stop & Shop and local markets. Near downtown, rental properties sit within walking distance of the historic Peabody Institute Library, which dates back to 1852. The city offers abundant outdoor spaces, including Brooksby Farm, a 275-acre working farm featuring apple orchards, a farm store, and seasonal pick-your-own fruits, as well as the Independence Greenway trail system for walking and cycling. Major employers in the area include Lahey Hospital & Medical Center, Analogic Corporation, and Boston Children's Hospital, contributing to the area's strong rental market in Boston's North Shore region.