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Peabody Falls Apartments

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(901) 519-2409
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2009 Peabody Ave, Memphis, TN 38104

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Peabody Falls Apartments

2009 Peabody Ave
Memphis, TN 38104
(901) 519-2409
Peabody Falls Apartments in Memphis, TN - Building Photo
  • 1–2 Bedrooms
  • $1,090-$1,700 Pricing
  • 579–1,322 Square Feet

About Peabody Falls Apartments

Welcome to your brand-new home in the heart of Midtown Memphis! Peabody Falls Apartments are newly constructed apartments that combine modern style with everyday comfort, offering everything you need for convenient city living. Available Floor Plans: • 1 Bed / 1 Bath starting at $1,090 • 2 Bed / 1 Bath starting at $950 • 2 Bed / 2 Bath starting at $1,700 Apartment Features: • Central air & heat for year-round comfort • Elegant laminate floors • In-unit washer & dryer • Sleek stainless-steel appliances • Quartz countertops • Double vanities for added space and convenience • Ceiling fans in every room Community Amenities: • Gated entry & gated parking • Security cameras throughout the property Prime Midtown Location: Enjoy quick access to Overton Square, some of Memphis’ best dining, shopping, and entertainment—all just minutes from your door. Special Offer: Ask about our discount for active law enforcement officers! Schedule Your Tour Today! This is a must-see and won’t last long. Make Midtown living your reality—your new home is waiting!

Peabody Falls Apartments is located in the Midtown Memphis Neighborhood and 38104 Zip code of Memphis, TN. This community is professionally managed by Kismet Property Management

Property Contact Info

Office Hours

MondayBy Appointment
TuesdayBy Appointment
WednesdayBy Appointment
ThursdayBy Appointment
FridayBy Appointment
SaturdayBy Appointment
SundayClosed

Floorplan Pricing and Availability

Peabody Falls Apartments offers 1 to 2 Bedroom apartments starting from $1,090 and having 579–1,322 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1 BDRM, 1 BTH A2

    $1,090

    1 Bed, 1 Bath, 579 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,090Available Now1 BDRM, 1 BTH A2579 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Double Vanities
    • Handrails
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Tub/Shower
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Quartz Countertops
    • Range
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price

    • $1,090
  • 2 Bedrooms

    2 BDRM, 2 BTH B1

    $1,700

    2 Beds, 2 Baths, 1322 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,700Available Now2 BDRM, 2 BTH B11322 sq ft

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Double Vanities
    • Handrails
    • Heating
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Tub/Shower
    • Washer/Dryer
    • Wheelchair Accessible (Rooms)

    Kitchen

    • Dishwasher
    • Disposal
    • Eat-in Kitchen
    • Freezer
    • Island Kitchen
    • Kitchen
    • Microwave
    • Oven
    • Quartz Countertops
    • Range
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price

    • $1,700
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.

Schedule a Tour

Request Tour
Call us at: (901) 519-2409 to request a tour.

3D Tours

Property Information

  • Renovated In Oct 2023
  • 58 Units
  • 3 Stories
  • Built in 1963

Lease Terms

  • 12 mo

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.

Ask About Our Fees

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$50.00

Pet Policy and Fees

Birds
  • 1 Pet Limit
Cats
  • 1 Pet Limit
Dogs
  • 1 Pet Limit
Restrictions:

Breed Restrictions may apply

Fish
  • 1 Pet Limit
Reptiles
  • 1 Pet Limit
Others
  • 1 Pet Limit

Parking Info and Fees

Surface Lot
  • 1 Max

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.

Features and Amenities

Unique Amenities

  • Beautiful Patio Area

On-Site Services

  • Pet Play Area
  • Video Patrol

Outdoor Features

  • Controlled Access
  • Patio
  • Deck

Interior Features

  • Handrails
  • Tub/Shower
  • Sprinkler System
  • Heating
  • Double Vanities
  • High Speed Internet Access
  • Ceiling Fans
  • Cable Ready
  • Washer/Dryer
  • Air Conditioning
  • Wheelchair Accessible (Rooms)
  • Smoke Free

Kitchen Amenities

  • Island Kitchen
  • Oven
  • Disposal
  • Microwave
  • Eat In Kitchen
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen
  • Range
  • Quartz Countertops
  • Freezer

Living Area Features

  • Walk In Closets
  • Carpet
  • Vinyl Flooring
  • Double Pane Windows
  • Large Bedrooms
  • Hardwood Floors
Google Map

Map

2009 Peabody Ave, Memphis, TN 38104

Getting Around

  • 70 / 100 Moderately walkable

    Most day-to-day needs are within walking distance

  • 30 / 100 Limited public transit

    Transit is available for some trips

  • 50 / 100 Fairly bikeable

    Somewhat suitable for bicycle commuting and/or recreation

  • 80 / 100 Very car friendly

    Excellent access to freeways and/or major arteries, with a very low chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 80 / 100 Restaurants

    Wide variety of restaurants within a few minutes

  • 70 / 100 Cafes

    Variety of cafés within a few minutes

  • 80 / 100 Nightlife

    Wide variety of bars within a few minutes

  • 70 / 100 Shopping

    Several shops within a few minutes

  • 60 / 100 Parks

    Large amount of park space nearby

  • 40 / 100 Noise Level

    Some sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about Peabody Falls Apartments

Where is Peabody Falls Apartments located?

Peabody Falls Apartments is located at 2009 Peabody Ave near the Midtown Memphis area of Memphis, TN

What is the current rent range at Peabody Falls Apartments?

1 Bedroom to 2 Bedroom Apartments at Peabody Falls Apartments currently range from $1,090 to $1,700

When is the leasing office open?

  • The office Hours for Peabody Falls Apartments are
  • Monday By Appointment
  • Tuesday By Appointment
  • Wednesday By Appointment
  • Thursday By Appointment
  • Friday By Appointment
  • Saturday By Appointment
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.2

    The Peabody Falls Apartments Apartments are 3.6% more expensive than the average apartment in the Midtown Memphis area, and 16.15% more expensive than the average apartment city-wide.

    Rent Comparison to the Midtown Memphis Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,090$1,154-$64-5.5%
    2 Bedroom$1,700$1,509+$19112.7%

    Rent Comparison to the city of Memphis

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,090$1,127-$37-3.3%
    2 Bedroom$1,700$1,254+$44635.6%

    Methodology: On 09/04/2026, ApartmentHomeLiving.com compared current rents by floorplan to 318 other apartment communities in the immediate area around Peabody Falls Apartments (Midtown Memphis), and 1808 other apartment communities in Memphis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 09/04/2026

  • Pet Friendly 3.0

    Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

    Rating Factors

    This 3.0-star Pet Friendly rating is based on the following features:

    • Hardwood Floors
    • Pet Play Area
    • Heating
    • Air Conditioning
    • Patios
    • Deck(s)
    See the best Memphis apartments for Pets
  • Family Friendly 3.2

    Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

    Rating Factors

    This 3.2-star Family Friendly rating is based on the following features:

    • Smoke Free Options
    • Hardwood Floors
    • Video Patrol
    • Controlled Gate Access
    • Washer/Dryer In Unit
    • Eat in Kitchen or Dining Rooms
    • Dishwashers
    • High Speed Internet Access
    • Large Bedrooms
    • Patios
    • Pet Play Area
    • Double Pane Windows
    • Vinyl Flooring
    • Freezers
    • Kitchens
    • Deck(s)
    • Disposals
    • Island Kitchens
    • Wheelchair Access
    • Air Conditioning
    • Ceiling Fans
    • Double Vanities
    • Heating
    • Sprinkler System
    • Tub/Showers
    • Handrails
    • Cable Ready
    See more
    See less
    See the best Memphis apartments for Families
Learn more about Lifestyle SearchExplore Lifestyle Search in Memphis

Nearby Schools

Central High School

Shelby County Schools
306 South Bellevue Boulevard
Public School - Grades 9-12 (1331 Students)
In Attendance Zone4 minute drive / 1.4 miles away
4/10

Hamilton Middle

Shelby County Schools
1478 Wilson Street
Public School - Grades 6-8 (236 Students)
In Attendance Zone4 minute drive / 2.2 miles away
School data provided by GreatSchools.
details
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 scale of 1 (below average) and 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 needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Peabody Falls Apartments.

Arts Museums and Landmarks

TheatreWorks

2085 Monroe Avenue
1 minute drive / 0.37 miles away

Peabody Hotel

149 Union Avenue
7 minute drive / 3.62 miles away

Gibson Factory

145 Lt. George Lee Ave
7 minute drive / 3.62 miles away

Big Box and Retail

Goodwill

1810 Union Ave
2 minute drive / 0.74 miles away

Walgreens

1489 Airways Blvd
5 minute drive / 1.73 miles away

Kroger

1360 Poplar Ave
5 minute drive / 1.75 miles away

Colleges and Universities

Christian Brothers University

650 East Parkway South
1 minute drive / 0.51 miles away

Rhodes College

2000 North Parkway
5 minute drive / 1.78 miles away

Groceries

The Fresh Market

2145 Union Ave
1 minute drive / 0.23 miles away

Kroger

1360 Poplar Ave
5 minute drive / 1.75 miles away

Aldi

4720 Summer Ave
10 minute drive / 5.07 miles away

Hospitals

Methodist Healthcare Memphis Hospitals

1265 Union Ave Suite 700
5 minute drive / 1.72 miles away

Memphis Mental Health Institute

951 Court Avenue
5 minute drive / 2.38 miles away

Regional One Health

877 Jefferson Avenue
5 minute drive / 2.49 miles away

Military Bases

Memphis Defense Depot

5 minute drive / 2.75 miles away

Parks and Recreation

Overton Park

Overton Park
2 minute drive / 0.83 miles away

Memphis Botanical Gardens

750 Cherry Rd
9 minute drive / 4.26 miles away

Graceland

3734 Elvis Presley Blvd
13 minute drive / 6.08 miles away

Peabody Falls Apartments has 3 parks within 6.1 miles, including Overton Park, Memphis Botanical Gardens, and Graceland.

Shopping Centers

Overton Square

2087-2126 Madison Ave
1 minute drive / 0.45 miles away

Union Avenue Commercial

1801-1803 Union Ave
2 minute drive / 0.73 miles away

Sports Junction

1909-1913 Poplar Ave
2 minute drive / 0.92 miles away

Peabody Falls Apartments has 5 shopping centers within 1.1 miles.

Transit Stations

Cleveland Street-Madison Avenue Trolley

5 minute drive / 1.67 miles away

Pauline Street-Madison Avenue Trolley

4 minute drive / 2.3 miles away

Dunlap Street-Madison Avenue Trolley

5 minute drive / 2.5 miles away

Nearby Neighborhoods

Peabody

Studio to 7 Bedroom Apartments from $634
View Rentals

Cooper Young

Studio to 5 Bedroom Apartments from $695
View Rentals

Central Gardens

Studio to 5 Bedroom Apartments from $634
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Memphis Studio Apartments $1,040$547$1,888
Memphis 1 Bedroom Apartments $1,127$450$3,459
Memphis 2 Bedroom Apartments $1,254$561$5,158
Memphis 3 Bedroom Apartments $1,631$600$4,109
Memphis 4 Bedroom Apartments $1,472$550$3,901

Browse Top Apartments in Memphis

Viewing: Peabody Falls Apartments | Desktop Version | Listing Updated: 09/03/2026 | AHLGLD