Photos


- 1 Bedroom Bedrooms
- $1,190 Pricing
- 400–650 Square Feet
Rent Specials
Welcome to Downtown living at its finest!~~Move in payment of first months rent plus security deposit.
About 1162 Peabody Ave
Discover this stunning Studio apartment at 1162 Peabody Ave, Unit 101, situated in the heart of Memphis’s vibrant Downtown neighborhood. Tucked away in a brand-new, gated community, this residence combines modern luxury with unbeatable location. Key Features: • Sleek, open-concept floor plan designed for comfort and style. • High-end finishes including quartz countertops, LVP (luxury vinyl plank) flooring and designer touches throughout. • Fully equipped kitchen with refrigerator, microwave, stove/oven and dishwasher. • In-unit washer & dryer hookup (so no trips to the laundromat!). • Gated, assigned parking for your convenience and peace of mind. • Secure access to the building enhancing your safety and quiet enjoyment. • Prime location: steps from Downtown’s best dining, entertainment and the Medical District. We encourage you to view this property prior to applying. To schedule a viewing please call three, four, seven, three, one, four, eight. Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home. We are proud to offer: 24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most. 100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured. Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal. Rental Requirements: -Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment) -Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days) -Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.) -Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger) -Preferred to have one year or more with current employer -No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.) ***Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. *** If you have any questions, give us a call at our office of three, four, seven, three, one, four, eight. Please note that the home will be rented in as-is condition.
1162 Peabody Ave is located in the Midtown Memphis Neighborhood and 38104 Zip code of Memphis, TN.
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (901) 531-9848
- Disclaimer:
Floorplan Pricing and Availability
1162 Peabody Ave offers 1 Bedroom apartments starting from $1,190 and having 400–650 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
1 Bed, 1 bath
$1,190
1 Bed, 1 Bath, 400 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $1,190 Available Now 1 Bed, 1 bath 400 sq ft Model Amenities and Features
Features
- Air Conditioning
- Smoke Detector
- Smoke Free
- Tenant Controlled HVAC
- Tub/Shower
- Washer/Dryer
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Kitchen
- Microwave
- Oven
- Quartz Countertops
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,190
1 Bed, 1 bath
$1,190
1 Bed, 1 Bath, 650 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $1,190 Available Now 1 Bed, 1 bath 650 sq ft Model Amenities and Features
Features
- Air Conditioning
- Smoke Detector
- Smoke Free
- Tenant Controlled HVAC
- Tub/Shower
- Washer/Dryer
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Kitchen
- Microwave
- Oven
- Quartz Countertops
- Range
- Refrigerator
Model Rent and Fees
Model Price
- $1,190
Schedule a Tour
Property Information
- 12 Units
- 3 Stories
- Built in 2025
Lease Terms
- 12 mo
Features and Amenities
On-Site Services
- 24 Hour Access
- Laundry Facilities
Community Features
- Walk Up
Outdoor Features
- Gated
Interior Features
- Tenant Controlled Hvac
- Smoke Detector
- Tub/Shower
- Washer/Dryer Hookup
- Washer/Dryer
- Air Conditioning
- Smoke Free
Kitchen Amenities
- Kitchen
- Dishwasher
- Microwave
- Oven
- Range
- Refrigerator
- Quartz Countertops
Living Area Features
- Office

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
Frequently Asked Questions about 1162 Peabody Ave
Where is 1162 Peabody Ave located?
1162 Peabody Ave is located at 1162 Peabody Ave near the Midtown Memphis area of Memphis, TN
What is the current rent range at 1162 Peabody Ave?
1 Bedrooms at 1162 Peabody Ave currently start from $1,190. Call today for more info!
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at 1162 Peabody Ave is: Welcome to Downtown living at its finest!~~Move in payment of first months rent plus security deposit..
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Points of Interest
Time and distance from 1162 Peabody Ave.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Kroger
Goodwill
Colleges and Universities
The University of Tennessee Health Science Center - The University of Tennessee Health Science Center
Southwest Tennessee Community College - Union Avenue Campus
Groceries
Cash Saver
Kroger
The Fresh Market
Hospitals
Military Bases
Memphis Defense Depot
Parks and Recreation
1162 Peabody Ave has 3 parks within 5.9 miles, including Overton Park, Graceland, and Memphis Botanical Gardens.
Shopping Centers
1162 Peabody Ave has 5 shopping centers within 0.9 miles.
Transit Stations
Cleveland Street-Madison Avenue Trolley
Pauline Street-Madison Avenue Trolley
Dunlap Street-Madison Avenue Trolley
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,055 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,155 | $525 | $2,887 |
| Memphis 2 Bedroom Apartments | $1,303 | $550 | $4,900 |
| Memphis 3 Bedroom Apartments | $1,721 | $650 | $7,421 |
| Memphis 4 Bedroom Apartments | $1,518 | $640 | $6,697 |
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