Terrace Estates Apartments
143 Shore Dr,
Peabody,
MA
01960
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Monthly Rent
$2,225 - $3,175
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 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.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$0
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Due at Application
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Surface Lot
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Storage Unit
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Storage DepositCharged per rentable item.$0
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Storage RentCharged per rentable item.$0 / mo
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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 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*
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
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 PeabodyCompare 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 |
- 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
| Monday | 8am - 4pm |
|---|---|
| Tuesday | 8am - 4pm |
| Wednesday | 8am - 4pm |
| Thursday | 8am - 4pm |
| Friday | 8am - 4pm |
| Saturday | 8am - 4pm |
| Sunday | Closed |
| 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 © 2026. 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 | ||
|
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Drive: | 23 min | 11.0 mi |
|
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Drive: | 23 min | 11.4 mi |
|
|
Drive: | 24 min | 12.1 mi |
|
|
Drive: | 21 min | 12.5 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
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Drive: | 9 min | 3.4 mi |
|
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Drive: | 10 min | 5.6 mi |
|
|
Drive: | 10 min | 6.0 mi |
|
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Drive: | 15 min | 6.6 mi |
|
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Drive: | 11 min | 6.9 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
General Edward Lawrence Logan International
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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
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Drive: | 9 min | 3.8 mi |
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Connors Farm
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Drive: | 12 min | 6.5 mi |
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Lynn Heritage State Park
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Drive: | 16 min | 7.3 mi |
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Saugus Ironworks National Historic Site
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Drive: | 16 min | 8.5 mi |
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Lynn Woods
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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.
Parking is available at Terrace Estates Apartments. Contact this property for details.
Terrace Estates Apartments has one to three-bedrooms with rent ranges from $2,225/mo. to $3,175/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 $2,225 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.
Terrace Estates Apartments is not currently offering any rent specials. Check back soon, as promotions change frequently.
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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