Peabody Place Apartments

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1986 Peabody Ave, Memphis, TN 38104
(901) 295-4713
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Peabody Place

1986 Peabody Ave
Memphis, TN 38104
(901) 295-4713
Peabody Place in Memphis, TN - Building Photo
  • 1 Bedroom Bedrooms
  • $900Pricing
  • 800Square Feet

About Peabody Place

Welcome to 1896 Peabody, a charming 1-bedroom, 1-bathroom apartment located in the heart of Memphis, TN. This apartment offers a range of amenities to enhance your living experience. With laundry facilities conveniently located on-site, you can say goodbye to the hassle of finding a laundromat. The apartment is vacant and ready for you to make it your own, providing a blank canvas for your personal touch. The kitchen is equipped with a dishwasher, making clean-up a breeze, and a fridge to keep your groceries fresh. Enjoy the luxury of central air and heat, ensuring your comfort throughout the year. The apartment boasts large windows, allowing natural light to flood the space and create a warm and inviting atmosphere. Step out onto the balcony and take in the courtyard view, providing a peaceful retreat from the hustle and bustle of the city. Cable-ready, this apartment allows for easy installation of your preferred entertainment options. Hardwood floors add a touch of elegance to the space, while the disposal and stove provide convenience in your daily routine. Pets are welcome, so you can bring your furry friend along to enjoy your new home. Don't miss out on the opportunity to call 1896 Peabody #16 your own, with its desirable location and array of amenities, it's the perfect place to call home in Memphis, TN

Peabody Place 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

Floorplan Pricing and Availability

Peabody Place offers 1 Bedroom apartments starting from $900 and having 800 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      One Bedroom

      $900

      1 Bed, 1 Bath, 800 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      $900Available Now12800

      Model Amenities and Features

      Features

      • Air Conditioning
      • Balcony
      • Cable Ready
      • Heating

      Kitchen

      • Dishwasher
      • Disposal
      • Kitchen
      • Range
      • Refrigerator

      Unit 12 Rent and Fees

      Unit Price

      • $900

      Model Rent and Fees

      Price

      • $900
    Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

    Schedule a Tour

    Schedule a Tour
    Call us at: (901) 295-4713 to schedule a tour.

    Matterport 3D Tours

    Property Information

    Lease Terms

    • 12 mo

    Fees and Policies

    The fees below are based on community-supplied data and may exclude additional fees and utilities.

    Required Fees

    One-Time Move-In Fees

    Due at Application
    Application Fee Per Applicant$50

    Features and Amenities

    On-Site Services

    • Laundry Facilities

    Outdoor Features

    • Courtyard

    Interior Features

    • Balcony
    • Heating
    • Cable Ready
    • Air Conditioning

    Kitchen Amenities

    • Dishwasher
    • Disposal
    • Kitchen
    • Range
    • Refrigerator

    Living Area Features

    • Hardwood Floors
    Google Map

    Map

    1986 Peabody Ave, Memphis, TN 38104

    Getting Around

    Walk Score®

    85 / 100

    Very Walkable

    Most errands can be accomplished on foot

    Bike Score®

    60 / 100

    Bikeable

    Some bike infrastructure

    Transit Score®

    32 / 100

    Some Transit

    A few nearby public transportation options

    Frequently Asked Questions about Peabody Place

    Where is Peabody Place located?

    Peabody Place is located at 1986 Peabody Ave near the Midtown Memphis area of Memphis, TN

    What is the current rent range at Peabody Place?

    1 Bedrooms at Peabody Place currently start from $900. Call today for more info!

    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 Place Apartments are 27.1% cheaper than the average apartment in the Midtown Memphis area, and 22.9% cheaper than the average apartment city-wide.

      Rent Comparison to the Midtown Memphis Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$900$1,234-$334-27.1%

      Rent Comparison to the city of Memphis

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$900$1,168-$268-22.9%

      Methodology: On 10/12/2025, ApartmentHomeLiving.com compared current rents by floorplan to 308 other apartment communities in the immediate area around Peabody Place (Midtown Memphis), and 807 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 10/12/2025

    • 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
      • Balconies
      • Courtyard
      • Heating
      • Air Conditioning
    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    4.0
    0 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a 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.

    Points of Interest

    Time and distance from Peabody Place.

    Arts Museums and Landmarks

    TheatreWorks

    2085 Monroe Avenue
    1 minute drive / 0.58 miles away

    Gibson Factory

    145 Lt. George Lee Ave
    6 minute drive / 3.07 miles away

    Peabody Hotel

    149 Union Avenue
    6 minute drive / 3.07 miles away

    Big Box and Retail

    Goodwill

    2218 Central Ave
    2 minute drive / 0.73 miles away

    Kroger

    1360 Poplar Ave
    4 minute drive / 1.35 miles away

    Walgreens

    1130 S Bellevue Blvd
    4 minute drive / 1.53 miles away

    Colleges and Universities

    Christian Brothers University

    650 East Parkway South
    3 minute drive / 1.07 miles away

    Rhodes College

    2000 North Parkway
    5 minute drive / 1.87 miles away

    Groceries

    The Fresh Market

    2145 Union Ave
    1 minute drive / 0.63 miles away

    Cash Saver

    1620 Madison Ave
    2 minute drive / 0.76 miles away

    Kroger

    1360 Poplar Ave
    4 minute drive / 1.35 miles away

    Hospitals

    Methodist Healthcare Memphis Hospitals

    1265 Union Ave Suite 700
    3 minute drive / 1.19 miles away

    Memphis Mental Health Institute

    951 Court Avenue
    5 minute drive / 1.86 miles away

    Regional One Health

    877 Jefferson Avenue
    5 minute drive / 1.97 miles away

    Military Bases

    Memphis Defense Depot

    5 minute drive / 2.71 miles away

    Parks and Recreation

    Overton Park

    Overton Park
    2 minute drive / 0.95 miles away

    Memphis Botanical Gardens

    750 Cherry Rd
    10 minute drive / 4.8 miles away

    Graceland

    3734 Elvis Presley Blvd
    12 minute drive / 5.92 miles away

    Peabody Place has 3 parks within 5.9 miles, including Overton Park, Memphis Botanical Gardens, and Graceland.

    Shopping Centers

    Union Avenue Commercial

    1801-1803 Union Ave
    1 minute drive / 0.34 miles away

    Deliberate Literate

    1997 Union Ave
    1 minute drive / 0.41 miles away

    Belvedere Collection

    1680 Union Ave
    1 minute drive / 0.54 miles away

    Peabody Place has 5 shopping centers within 0.7 miles.

    Transit Stations

    Cleveland Street-Madison Avenue Trolley

    3 minute drive / 1.17 miles away

    Pauline Street-Madison Avenue Trolley

    5 minute drive / 1.77 miles away

    Dunlap Street-Madison Avenue Trolley

    5 minute drive / 1.97 miles away

    Nearby Neighborhoods

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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Memphis Studio Apartments $1,058$560$7,990
    Memphis 1 Bedroom Apartments $1,168$525$2,850
    Memphis 2 Bedroom Apartments $1,312$598$5,900
    Memphis 3 Bedroom Apartments $1,679$698$4,130
    Memphis 4 Bedroom Apartments $1,370$549$5,636

    Browse Top Apartments in Memphis

    Viewing: Peabody Place | Desktop Version | Listing Updated: 10/09/2025 | AHLGLD