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Monthly Rent
$2,200 - $3,150
Plus Fees12 Month Lease
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Bedrooms
1 - 3 bd
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Bathrooms
1 - 2 ba
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Square Feet
589 - 1,360 sq ft
Terrace Estates is conveniently located directly adjacent to the North Shore Mall providing a convenient and affordable living option north of Boston. Serving Peabody, Danvers, Beverly and other North Shore communities on Cape Ann, our property offers all the conveniences of apartment living surrounded by numerous options for shopping, dining, entertainment and other vital community services. We are also walking distance to the Logan Express. Please call for more details if you would like to live in one of these apartment homes.
Highlights
- English and Spanish Speaking Staff
- Basketball Court
- Walk-In Closets
- Balcony
- Property Manager on Site
- Hardwood Floors
Pricing & Floor Plans
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
- One-Time Basics
- Due at Application
- Application Fee Per ApplicantCharged per applicant.$0
- Due at Application
- Surface Lot
- Storage Unit
- Storage DepositCharged per rentable item.$0
- Storage RentCharged per rentable item.$0 / mo
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Utilities Included
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Water
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Heat
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Sewer
Lease Options
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12 mo
Property Information
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Built in 1964
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553 units/2 stories
Matterport 3D Tours
About Terrace Estates Apartments
Terrace Estates is conveniently located directly adjacent to the North Shore Mall providing a convenient and affordable living option north of Boston. Serving Peabody, Danvers, Beverly and other North Shore communities on Cape Ann, our property offers all the conveniences of apartment living surrounded by numerous options for shopping, dining, entertainment and other vital community services. We are also walking distance to the Logan Express. Please call for more details if you would like to live in one of these apartment homes.
Terrace Estates Apartments is an apartment community located in Essex County and the 01960 ZIP Code. This area is served by the Peabody attendance zone.
Unique Features
- 4 Minute Walk to North Shore Mall
- Granite Countertops*
- Washer & Dryer*
- Quiet, Neighborhood Setting
- *In Select Units
- Single-Stream Green Recycling
- Newly Remodeled*
- Oversized, Walk-In Closets*
- Convenient Freeway Access
- Heat & Hot Water Included
- Walk to Shopping & Dining
- Fitness Center
- Hardwood Floors*
- No Pets Please
- Walk To Logan Express
Community Amenities
Fitness Center
Laundry Facilities
Playground
Recycling
- Laundry Facilities
- Maintenance on site
- Property Manager on Site
- Recycling
- Storage Space
- Walk-Up
- Fitness Center
- Playground
- Basketball Court
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
High Speed Internet Access
Hardwood Floors
Walk-In Closets
Granite Countertops
Microwave
Indoor Features
- High Speed Internet Access
- Washer/Dryer
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Trash Compactor
- Storage Space
- Tub/Shower
- Intercom
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Ice Maker
- Granite Countertops
- Stainless Steel Appliances
- Eat-in Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Instant Hot Water
Model Details
- Hardwood Floors
- Carpet
- Walk-In Closets
- Balcony
- Laundry Facilities
- Maintenance on site
- Property Manager on Site
- Recycling
- Storage Space
- Walk-Up
- Fitness Center
- Playground
- Basketball Court
- 4 Minute Walk to North Shore Mall
- Granite Countertops*
- Washer & Dryer*
- Quiet, Neighborhood Setting
- *In Select Units
- Single-Stream Green Recycling
- Newly Remodeled*
- Oversized, Walk-In Closets*
- Convenient Freeway Access
- Heat & Hot Water Included
- Walk to Shopping & Dining
- Fitness Center
- Hardwood Floors*
- No Pets Please
- Walk To Logan Express
- High Speed Internet Access
- Washer/Dryer
- Air Conditioning
- Heating
- Smoke Free
- Cable Ready
- Trash Compactor
- Storage Space
- Tub/Shower
- Intercom
- Dishwasher
- Disposal
- Ice Maker
- Granite Countertops
- Stainless Steel Appliances
- Eat-in Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Instant Hot Water
- Hardwood Floors
- Carpet
- Walk-In Closets
- Balcony
| Monday | 8am - 4pm |
|---|---|
| Tuesday | 8am - 4pm |
| Wednesday | 8am - 4pm |
| Thursday | 8am - 4pm |
| Friday | 8am - 4pm |
| Saturday | 8am - 4pm |
| Sunday | Closed |
Enjoying a comfortable yet convenient distance from Boston, Peabody has been recognized by Forbes magazine as one of the most livable cities in America. Brooksby Farm provides a refreshing change of scenery (not to mention the best apple-picking around). The Northshore Mall offers an upscale shopping experience that draws folks from all across the region.
Outdoor recreation is always close at hand when you live in a Peabody apartment, with golf facilities such as the Salem Country Club and parks like the Winona Pond conservation area. Those with an interest in history will find no shortage of fascinating attractions in neighboring Salem or down the road in Boston.
Learn more about living in Peabody| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 11 min | 4.9 mi | |
| Drive: | 16 min | 6.9 mi | |
| Drive: | 12 min | 7.4 mi | |
| Drive: | 15 min | 8.0 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2025. All rights reserved.
Transportation options available in Peabody include Wonderland Station, located 11.0 miles from Terrace Estates Apartments. Terrace Estates Apartments is near General Edward Lawrence Logan International, located 17.5 miles or 30 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
|
|
Drive: | 23 min | 11.0 mi |
|
|
Drive: | 23 min | 11.4 mi |
|
|
Drive: | 24 min | 12.1 mi |
|
|
Drive: | 21 min | 12.5 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
|
Drive: | 9 min | 3.4 mi |
|
|
Drive: | 10 min | 5.6 mi |
|
|
Drive: | 10 min | 6.0 mi |
|
|
Drive: | 15 min | 6.6 mi |
|
|
Drive: | 11 min | 6.9 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
General Edward Lawrence Logan International
|
Drive: | 30 min | 17.5 mi |
Time and distance from Terrace Estates Apartments.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 13 min | 0.7 mi | |
| Drive: | 5 min | 2.5 mi | |
| Drive: | 6 min | 2.6 mi |
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Salem Maritime National Historic Site
|
Drive: | 9 min | 3.8 mi |
|
Connors Farm
|
Drive: | 12 min | 6.5 mi |
|
Lynn Heritage State Park
|
Drive: | 16 min | 7.3 mi |
|
Saugus Ironworks National Historic Site
|
Drive: | 16 min | 8.5 mi |
|
Lynn Woods
|
Drive: | 16 min | 8.9 mi |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 10 min | 3.4 mi | |
| Drive: | 10 min | 6.2 mi | |
| Drive: | 18 min | 9.9 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 13 min | 5.2 mi | |
| Drive: | 19 min | 8.4 mi |
Terrace Estates Apartments Photos
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Terrace Estates Apartments
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Terrace Estates Apartments
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bathroom
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kitchen
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master bedroom
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Models
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The Arlington
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The Fairfield
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The Berkley
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The Gloucester
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The Ipswich
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The Clarendon - Townhome
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Terrace Estates Apartments has units with in‑unit washers and dryers, making laundry day simple for residents.
Select utilities are included in rent at Terrace Estates Apartments, including water, heat, and sewer. Residents are responsible for any other utilities not listed.
Terrace Estates Apartments has one to three bedrooms with rent ranges from $2,200/mo. to $3,150/mo.
Terrace Estates Apartments does not allow pets, though service animals are always welcome in accordance with applicable laws.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $2,200 for a one bedroom, you would need to earn about $79,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
Terrace Estates Apartments is offering Specials for eligible applicants, with rental rates starting at $2,200.
Yes! Terrace Estates Apartments offers 6 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
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