Highlands at Dearborn Apartments
19 Magnolia Way,
Peabody, MA 01960
$2,495 - $5,260 Total Monthly Price
1-3 Beds
Situated about 16 miles north of Boston and 10 miles west of coastal beaches like Phillips Beach, West Peabody is a peaceful wooded area. Most of the town is made up of cozy residential areas, and renters have the choice of a couple of modern apartment complexes along the borders of the neighborhood. Interstate 95 and Highway 1, located near the western border of town, make traveling a breeze, and these roads are lined with plazas featuring shops and a variety of eateries. Recreation is provided by many ponds and parks that dot the area like Winona Pond, or residents can travel a bit outside of the neighborhood for sprawling golf courses and the attractions of the big city.
As of April 2026, the average apartment rent in West Peabody is $2,270 for a studio, $2,514 for one bedroom, $3,224 for two bedrooms, and $4,061 for three bedrooms. Apartment rent in West Peabody has decreased by -4.0% in the past year.
Studio
569 sq ft
Average Sq Ft
$2,270/month
Average Rent
1 BR
787 sq ft
Average Sq Ft
$2,514/month
Average Rent
2 BR
1,139 sq ft
Average Sq Ft
$3,224/month
Average Rent
3 BR
1,336 sq ft
Average Sq Ft
$4,061/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly West Peabody - Peabody, MA is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Essentials are more spread out in West Peabody - Peabody, MA, so everyday errands require more planning.
Supermarket Within a 20 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Fair Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
West Peabody - Peabody, MA provides green space and wellness resources in certain areas.
Exceptional Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in West Peabody - Peabody, MA from everyday activity to noise and nightlife.
Calm Atmosphere
Vibrancy
Few to No Nightlife Options Nearby
Nightlife
Not Noisy
Quiet Score
3,488
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.