
Apartments for Rent in the Peabody Neighborhood of Memphis, TN (659 Rentals)


The Melrose Midtown

Bonsai at Central Gardens

Parkview Apartments

Central Lofts

Studio Rasa

The Citizen Apartments
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Courtyard @ Ironworks

Azur Tower

Bristol On Union Apartment Homes

Art Lofts @ Overton

Kings Reserve Memphis

Park Terrace

The Gilmore Apartments

Madison Midtown

At The Park Apartments

Madison at McLean
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Courtyard @ 1161 Poplar

The Galloway @ Evergreen

The Biltmore - McAlpin Apartments

Belvedere Gardens Condominiums

200 Stonewall St

Overton Garden Apartments
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Central Gardens

Urban Peddler

Memphis Towers Senior Living

2246 Vinton Ave

Madison Gardens Apartments

Madison Lofts

The Flats @ Cooper Young

Eleven60

Parkside Poplar Apartments
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Goodbar Townhomes

Parcels at Concourse

Broadmoor Apartments

Faulkner Court Apartments

Parkway Place Apartments

Peabody Falls Apartments

Manor Park Apartments

1468 Snowden Ave

189 Barksdale
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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 | $1,247 | $725 | $3,085 |
Peabody 1 Bedroom Apartments | $1,499 | $200 | $3,727 |
Peabody 2 Bedroom Apartments | $1,705 | $695 | $3,697 |
Peabody 3 Bedroom Apartments | $2,346 | $1,000 | $4,087 |
Peabody 4 Bedroom Apartments | $4,287 | $2,100 | $6,050 |
Browse Apartments in this Neighborhood
There are currently 659 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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Quick 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 #8
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 43 Studio Apartments in Peabody with rent ranges from $725 to $3,085 with an average price of $1,247.
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 $200 to $3,727 with an average monthly rent of $1,499.
What does renting a Two Bedroom Apartment in Peabody cost?
The monthly rent prices of Two Bedroom Apartments currently available in Peabody range from $695 to $3,697. Today's average rental price for Two Bedrooms here is $1,705.
How expensive are Peabody Three Bedroom Apartments?
There are currently 29 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $4,087 - averaging $2,346 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.