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Language: English and Spanish

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Massachusetts Essex County Peabody Central Peabody

Terrace Estates Apartments

143 Shore Dr, Peabody, MA 01960

(0 reviews)

Property Rating

5.0
Excellent
Out of 5

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  • Monthly Rent

    $2,225 - $3,175

    Plus Fees12 Month Lease

  • Bedrooms

    1 - 3 bd

  • Bathrooms

    1 - 2 ba

  • Square Feet

    589 - 1,360 sq ft

Terrace Estates Apartments
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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.

Read More

Highlights

  • English and Spanish Speaking Staff
  • Basketball Court
  • Walk-In Closets
  • Balcony
  • Property Manager on Site
  • Hardwood Floors

Pricing & Floor Plans

filter results by bedrooms
The Arlington
$2,225 Plus Fees 1 Bed 1 Bath 589 Sq Ft
Available Soon
The Fairfield
$2,325 Plus Fees 1 Bed 1 Bath 740 Sq Ft
Available Soon
The Berkeley
$2,525 – $2,625 Plus Fees 2 Beds 1 Bath 795 Sq Ft
Available Soon
The Ipswich
$2,620 Plus Fees 2 Beds 1.5 Baths 850 Sq Ft
Available Soon
The Clarendon-Townhome
$2,625 Plus Fees 2 Beds 1.5 Baths 930 – 932 Sq Ft
Available Soon
The Gloucester
$2,625 – $2,675 Plus Fees 2 Beds 1 Bath 853 Sq Ft
Available Soon
The Winchester
$2,875 Plus Fees 2 Beds 2 Baths 894 Sq Ft
Available Soon
The Newton
$2,925 Plus Fees 2 Beds 2 Baths 943 Sq Ft
Available Soon
The Dartmouth
$2,675 Plus Fees 3 Beds 1 Bath 940 – 967 Sq Ft
Available Soon
The Hereford
$2,700 Plus Fees 3 Beds 1.5 Baths 1,050 Sq Ft
Available Soon
The Exeter-Townhome
$2,775 Plus Fees 3 Beds 1.5 Baths 1,023 – 1,183 Sq Ft
Available Soon
The Peabody
$3,175 Plus Fees 3 Beds 2 Baths 1,299 Sq Ft
Available Soon
The Magnoila
$3,175 Plus Fees 3 Beds 2 Baths 1,360 Sq Ft
Available Soon
The Arlington
$2,225 Plus Fees 1 Bed 1 Bath 589 Sq Ft
Available Soon
The Fairfield
$2,325 Plus Fees 1 Bed 1 Bath 740 Sq Ft
Available Soon
The Berkeley
$2,525 – $2,625 Plus Fees 2 Beds 1 Bath 795 Sq Ft
Available Soon
The Ipswich
$2,620 Plus Fees 2 Beds 1.5 Baths 850 Sq Ft
Available Soon
The Clarendon-Townhome
$2,625 Plus Fees 2 Beds 1.5 Baths 930 – 932 Sq Ft
Available Soon
The Gloucester
$2,625 – $2,675 Plus Fees 2 Beds 1 Bath 853 Sq Ft
Available Soon
The Winchester
$2,875 Plus Fees 2 Beds 2 Baths 894 Sq Ft
Available Soon
The Newton
$2,925 Plus Fees 2 Beds 2 Baths 943 Sq Ft
Available Soon
The Dartmouth
$2,675 Plus Fees 3 Beds 1 Bath 940 – 967 Sq Ft
Available Soon
The Hereford
$2,700 Plus Fees 3 Beds 1.5 Baths 1,050 Sq Ft
Available Soon
The Exeter-Townhome
$2,775 Plus Fees 3 Beds 1.5 Baths 1,023 – 1,183 Sq Ft
Available Soon
The Peabody
$3,175 Plus Fees 3 Beds 2 Baths 1,299 Sq Ft
Available Soon
The Magnoila
$3,175 Plus Fees 3 Beds 2 Baths 1,360 Sq Ft
Available Soon
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $0

No Pets Allowed

  • Surface Lot
  • Storage Unit
    • Storage Deposit
      Charged per rentable item.
      $0
    • Storage Rent
      Charged 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

  • Water
  • Heat
  • Sewer

Lease Options

  • 12 mo

Property Information

  • Built in 1964
  • 553 units/2 stories

Matterport 3D Tours

1/6

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 School District attendance zone.

Unique Features

  • *In Select Units
  • 4 Minute Walk to North Shore Mall
  • Convenient Freeway Access
  • Fitness Center
  • Granite Countertops*
  • Hardwood Floors*
  • Heat & Hot Water Included
  • Newly Remodeled*
  • No Pets Please
  • Oversized, Walk-In Closets*
  • Quiet, Neighborhood Setting
  • Single-Stream Green Recycling
  • Walk To Logan Express
  • Walk to Shopping & Dining
  • Washer & Dryer*

Contact

View Property Website
Languages: English & Spanish
Open 8am - 4pm Today
  • Monday - Saturday, 8am - 4pm
  • Sunday, Closed
Property Management Company Logo

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
Location
143 Shore Dr, Peabody,
MA 01960
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
City - Peabody

Sitting on Massachusetts's North Shore, Peabody carries centuries of history beneath its well-kept neighborhoods and busy commercial corridors. Once a powerhouse of American leather tanning, the city has reinvented itself into a well-connected community blending everyday conveniences with genuine New England charm. Salem lies minutes away, while Boston is an easy commute via Route 128.

Life moves at a steady, manageable pace. Brooksby Farm draws residents for apple picking and seasonal events, while Winona Pond and nearby conservation areas offer quiet retreats. The Northshore Mall handles shopping needs, and Main Street dining keeps things interesting without requiring city trips. West Peabody features established streets lined with mature trees, while South Peabody offers newer developments near major routes.

The rental market spans traditional apartment communities, townhomes, and updated condos.

Learn more about living in Peabody 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Central Peabody Peabody, MA
Studio - $1,502
1 Bedroom $2,328 $2,218
2 Bedrooms $2,705 $2,822
3 Bedrooms $3,022 $3,441
Amenities
  • Laundry Facilities
  • Maintenance on site
  • Property Manager on Site
  • Recycling
  • Storage Space
  • Walk-Up
  • Fitness Center
  • Playground
  • Basketball Court
  • *In Select Units
  • 4 Minute Walk to North Shore Mall
  • Convenient Freeway Access
  • Fitness Center
  • Granite Countertops*
  • Hardwood Floors*
  • Heat & Hot Water Included
  • Newly Remodeled*
  • No Pets Please
  • Oversized, Walk-In Closets*
  • Quiet, Neighborhood Setting
  • Single-Stream Green Recycling
  • Walk To Logan Express
  • Walk to Shopping & Dining
  • Washer & Dryer*
  • 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
Expenses
Utilities Included
Water, Heat, Sewer Included
Office Hours
Monday 8am - 4pm
Tuesday 8am - 4pm
Wednesday 8am - 4pm
Thursday 8am - 4pm
Friday 8am - 4pm
Saturday 8am - 4pm
Sunday Closed
978-396-4465
Education
Colleges & Universities Distance
Colleges & Universities Distance
Salem State University
Drive: 11 min 4.9 mi
North Shore C.C., Lynn Campus
Drive: 16 min 6.9 mi
North Shore C.C., Danvers
Drive: 12 min 7.4 mi
Endicott College
Drive: 15 min 8.0 mi
Terrace Estates Apartments is within 11 minutes or 4.9 miles from Salem State University. It is also near North Shore C.C., Danvers and Endicott College.
Schools
  • Public Schools
  • Private Schools
William A Welch Elementary School
Public Elementary School
Grades PK-5
400 Students
Nearby
Great Beginnings Learning School
Private Elementary School
Grades K
1 Students
Nearby
Inst Family Life & Learn
Private Middle & High School
Grades 6-12
Nearby
School data provided by 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 © 2026. All rights reserved.
Transportation

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
Wonderland Station
Drive: 23 min 11.0 mi
Revere Beach Station
Drive: 23 min 11.4 mi
Beachmont Station
Drive: 24 min 12.1 mi
Oak Grove Station
Drive: 21 min 12.5 mi
Commuter Rail Distance
Commuter Rail Distance
Salem
Drive: 9 min 3.4 mi
Beverly Depot
Drive: 10 min 5.6 mi
North Beverly
Drive: 10 min 6.0 mi
Swampscott
Drive: 15 min 6.6 mi
Montserrat
Drive: 11 min 6.9 mi
Airports Distance
Airports Distance
General Edward Lawrence Logan International
Drive: 30 min 17.5 mi
Getting Around
Fairly Walkable
Walkability
50 / 100
Limited Public Transit
Transit
20 / 100
Exceptionally Drivable
Drivability
90 / 100
Fairly Bikeable
Bikeability
50 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Active
Soundscore™
72 / 100

Traffic

Busy

Airport

Calm

Businesses

Calm

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from Terrace Estates Apartments.

Shopping Centers Distance
Shopping Centers Distance
Northshore Mall
Walk: 13 min 0.7 mi
Freedom Square
Drive: 5 min 2.5 mi
Endicott Square
Drive: 6 min 2.6 mi
Terrace Estates Apartments has 3 shopping centers within 2.6 miles, which is about a 6-minute drive. The miles and minutes will be for the farthest away property.
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
Terrace Estates Apartments has 5 parks within 8.9 miles, including Salem Maritime National Historic Site, Connors Farm, and Lynn Woods.
Hospitals Distance
Hospitals Distance
North Shore Medical Center
Drive: 10 min 3.4 mi
Northeast Hospital Corporation
Drive: 10 min 6.2 mi
MelroseWakefield Healthcare
Drive: 18 min 9.9 mi
Terrace Estates Apartments has 3 hospitals within 9.9 miles, the nearest is North Shore Medical Center which is 3.4 miles away and a 10 minute drive.
Military Bases Distance
Military Bases Distance
Fort Pickering
Drive: 13 min 5.2 mi
Fort Miller
Drive: 19 min 8.4 mi
Terrace Estates Apartments is 5.2 miles from Fort Pickering, and is convenient to other military bases, including Fort Miller.
 
 

Property Ratings at Terrace Estates Apartments

How Is This Rating Determined? How Is This Rating Determined? Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
5.0
Excellent
Out of 5

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Terrace Estates Apartments Photos

  • Terrace Estates Apartments

  • Terrace Estates Apartments

  • bathroom

  • kitchen

  • master bedroom

Models

  • The Arlington

  • The Fairfield

  • The Berkley

  • The Gloucester

  • The Ipswich

  • The Clarendon - Townhome

Nearby Apartments

Within 50 Miles of Terrace Estates Apartments

  • Terrace Gardens

    2 Esquire Dr

    Peabody, MA 01960

    $1,925 - $2,575 Plus Fees

    1-2 Br 12 Month Lease 0.7 mi

  • 175 Ocean St

    Lynn, MA 01902

    $2,000 - $2,300 Plus Fees

    1-2 Br 12 Month Lease 5.0 mi

  • Leisure Lane Apartments

    100 Leisure Ln

    Stoneham, MA 02180

    $1,895 - $2,645 Plus Fees

    1-2 Br 12 Month Lease 8.3 mi

  • Beacon Village

    26 Beacon St

    Burlington, MA 01803

    $2,310 - $3,450 Plus Fees

    1-3 Br 12 Month Lease 12.1 mi

  • Madison Place Southborough

    1200 Madison Pl

    Southborough, MA 01772

    $2,575 - $3,650 Plus Fees

    1-2 Br 12 Month Lease 35.5 mi

  • Madison Reserve Shrewsbury

    900 Madison Pl

    Shrewsbury, MA 01545

    $2,200 - $2,650 Plus Fees

    1-2 Br 12 Month Lease 42.7 mi

Frequently Asked Questions
Does Terrace Estates Apartments have in-unit laundry?

Terrace Estates Apartments has units with in‑unit washers and dryers, making laundry day simple for residents.

What utilities are included in rent at Terrace Estates Apartments?

Select utilities are included in rent at Terrace Estates Apartments, including water, heat, and sewer. Residents are responsible for any other utilities not listed.

Is parking available at Terrace Estates Apartments?

Parking is available at Terrace Estates Apartments. Contact this property for details.

Which floor plans are available, and what are the price ranges?

Terrace Estates Apartments has one to three-bedrooms with rent ranges from $2,225/mo. to $3,175/mo.

Is Terrace Estates Apartments pet-friendly?

Terrace Estates Apartments does not allow pets, though service animals are always welcome in accordance with applicable laws.

How much income do I need to rent at Terrace Estates Apartments?

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 $2,225 for a one-bedroom, you would need to earn about $89,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does Terrace Estates Apartments have move-in specials?

Terrace Estates Apartments is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Terrace Estates Apartments offer Matterport 3D tours?

Yes! Terrace Estates Apartments offers 6 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.

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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.

Learn How It Works

What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.

Learn How It Works

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143 Shore Dr

Peabody, MA 01960

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