Can A Physical Therapist Afford Rent in Peabody, MA?
Comfortably affordable — rent takes 29.2% of gross income.
Peabody rent: June 2026. Salary: BLS OEWS May 2024 (Massachusetts state estimate).
About rent and a physical therapist salary
Physical therapist pay covers comfortable rent across most US metros. At the national-average PT salary, the 30% rule supports about $2,493 a month in rent, which is above the median in most cities tracked here.
Cheaper rent nearby
These Massachusetts cities have lower median rent than Peabody, which improves the affordability math on a physical therapist salary:
Compare with full rent data for Peabody
View full rent data for Peabody, MA →Frequently asked questions
Can a physical therapist afford rent in Peabody, MA?
Median rent in Peabody is $2,812 a month. A typical physical therapist in Massachusetts earns about $115,664 a year, which makes that rent 29.2% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can a physical therapist afford in Peabody?
Using the 30% rule, a physical therapist salary in Massachusetts (~$115,664/yr) supports up to $2,892 a month in rent. Peabody's current median rent is $2,812/mo, which leaves a $80/mo buffer.
How many hours does a physical therapist work to cover rent in Peabody?
At an hourly equivalent of about $56 an hour, a physical therapist in Massachusetts works roughly 50.6 hours a month to cover Peabody's median rent of $2,812.
Where is rent cheaper than Peabody for a physical therapist?
Nearby Massachusetts cities with lower median rent include Danvers ($2,811/mo), Sharon ($2,809/mo), Hanover ($2,809/mo). Each shifts the affordability math materially on a physical therapist salary.