
Apartments for Rent in the Peabody Neighborhood of Memphis, TN (848 Rentals)


Madison Midtown

The Melrose Midtown

The Bonsai at Central Gardens

Bristol On Union Apartment Homes

The National

Parkview Apartments

220 South

Studio Rasa

Total Monthly Price
The Citizen Apartments
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Azur Tower

Georgian Woods

Brentwood Parc

Kings Reserve Memphis

The Midtowner

Park Terrace

The Gilmore Apartments

Total Monthly Price
Barksdale Flats

The Pulse Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Art Lofts @ Overton

At The Park Apartments

Madison at McLean

The Residence

Midline Apartments

The Biltmore - McAlpin Apartments

Hollywood Square

Cherokee Arms

Kimbrough Tower Apartments

1161 Poplar
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

Total Monthly Price
Merton Manor

Lona L Apartments

The Flats at Overton

Marilyn on Monroe

Overton Garden Apartments

Central Gardens

Brinkley

Memphis Towers Senior Living

Crescendo Apartments

31 S McLean Blvd
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

Madison Gardens Apartments

The Flats @ Cooper Young

Eleven60

Evergreen Terrace

Parkside Poplar Apartments

Goodbar Townhomes

The Galloway @ Evergreen

The Broadmoor Apartments

Audubon Downs

The Drew
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Peabody, Memphis, TN Local Guide

How much does it cost to rent an apartment in Peabody?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peabody Studio Apartments | $952 | $634 | $1,500 |
| Peabody 1 Bedroom Apartments | $1,208 | $495 | $2,015 |
| Peabody 2 Bedroom Apartments | $1,452 | $750 | $3,400 |
| Peabody 3 Bedroom Apartments | $1,674 | $825 | $3,400 |
| Peabody 4 Bedroom Apartments | $1,925 | $1,850 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 848 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Peabody, Memphis, TN Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleCollege Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestylePeabody, Memphis, TN
Ranked #7
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Memphis. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, pet-friendly features, multifamily communities for the kids, proximity to transit, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Family-Friendly Rating
Do you have a family with little ones? Amongst all of the neighborhoods in Memphis, this neighborhood has now become known as one of our preferred submarkets for families, with a score of 4.0 out of 4. Family Friendly communities have features that support parents and kids in having fun and being healthy together. These features include things like green spaces, and having the finest learning and education resources available.
Luxury Living Rating
This area is now ranked as amongst the finest high-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, concierge services, views, access to parks, and nice home amenities like granite or quartz countertops and stainless steel appliances. Luxury communities also often offer hardwood floors and fireplaces, raquetball courts, and for some communities, even a doorman to greet residents.
Pet Friendly Rating
This section of Memphis ranks highly for raising pets (dogs and cats), with a score of 4.0 out of 4.
Frequently Asked Questions about Peabody
How much are Studio apartments in Peabody?
There are currently 346 Studio Apartments in Peabody with rent ranges from $634 to $1,500 with an average price of $952.
What is the current price range for One Bedroom Peabody Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Peabody ranges from $495 to $2,015 with an average monthly rent of $1,208.
What does renting a Two Bedroom Apartment in Peabody cost?
The monthly rent prices of Two Bedroom Apartments currently available in Peabody range from $750 to $3,400. Today's average rental price for Two Bedrooms here is $1,452.
How expensive are Peabody Three Bedroom Apartments?
There are currently 45 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $825 to $3,400 - averaging $1,674 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
