Peabody Place Apartments

Verified
This is a CoStar Verified® Listing

Peabody Place in Memphis, TN is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

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

Photos

Contact

Peabody Place

1986 Peabody Ave
Memphis, TN 38104
(901) 295-4713
Peabody Place in Memphis, TN - Building Photo
  • 1 Bedroom Bedrooms
  • $850 Pricing
  • 800 Square Feet

About Peabody Place

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 $850 and having 800 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      O5 0ne Bedroom

      $850

      1 Bed, 1 Bath, 800 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      $850Available 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

      • $850

      Model Rent and Fees

      Price

      • $850
    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

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

    3D Tours

    Property Information

    • 17 Units
    • 2 Stories
    • Built in 1910

    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.

    Required Fees

    One-Time Basics

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

    Other Fees and Policies

    Pet Policy and Fees

    Pet Policies are Negotiable

    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

    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

    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 $850. 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 Peabody Place is: SPRING SPECIAL!! MOVE IN TODAY AND ENJOY 1/2 OFF RENT FOR THE FIRST MONTH!!~~SPRING SPECIAL!! MOVE IN TODAY AND ENJOY 1/2 OFF RENT FOR THE FIRST MONTH!!.

    Lifestyle Ratings

    • Affordability Nice Value3.2

      The Peabody Place Apartments are 26.4% cheaper than the average apartment in the Midtown Memphis area, and 26.3% cheaper than the average apartment city-wide.

      Rent Comparison to the Midtown Memphis Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$850$1,155-$305-26.4%

      Rent Comparison to the city of Memphis

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$850$1,154-$304-26.3%

      Methodology: On 04/17/2026, ApartmentHomeLiving.com compared current rents by floorplan to 311 other apartment communities in the immediate area around Peabody Place (Midtown Memphis), and 821 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 04/17/2026

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

    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

    1810 Union Ave
    1 minute drive / 0.41 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

    Studio to 4 Bedroom Apartments from $634
    View Rentals
    Studio to 4 Bedroom Apartments from $634
    View Rentals
    Studio to 4 Bedroom Apartments from $695
    View Rentals

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Memphis Studio Apartments $1,060$547$7,985
    Memphis 1 Bedroom Apartments $1,154$525$2,918
    Memphis 2 Bedroom Apartments $1,297$600$4,900
    Memphis 3 Bedroom Apartments $1,713$715$7,048
    Memphis 4 Bedroom Apartments $1,352$640$2,690

    Browse Top Apartments in Memphis

    Viewing: Peabody Place | Desktop Version | Listing Updated: 04/15/2026 | AHLGLD