1 Bedroom Apartments for Rent in the Peabody Neighborhood of Memphis, TN (229 Rentals)

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Navigating the Rental Market: Tips for First-Time Renters

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Peabody, Memphis, TN Local Guide

Largest Available Peabody 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in the Peabody area of Memphis, TN is found at Parcels at Concourse and is listed at 1,135 square feet priced from $1,793. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
Parcels at ConcourseKismet 91,135 Sq Ft$1,793
31 S McLean BlvdOne Bedroom1,000 Sq Ft$1,050
Harbert Court Apartments - Central GardensApartment 11,000 Sq Ft$1,900
The Melrose MidtownThe Pat961 Sq Ft$1,449
Art Lofts @ OvertonL3921 Sq Ft$1,649
The Linden2 Bedroom 1 Bath910 Sq Ft$1,275
The Brinkley1/1900 Sq Ft$1,425
The Biltmore - McAlpin ApartmentsSingle 900900 Sq Ft$950
The Lona L Apartments1/1900 Sq Ft$1,350
The Citizen ApartmentsA7B898 Sq Ft$1,687

Cheapest Available Peabody 1 Bedroom Apartments

Currently the lowest priced 1 Bedroom apartment unit Peabody of Memphis, TN is the 1BR/1.0BA Model starting from $550 at 165 N Merton. The average price for all 1 Bedroom apartments in Peabody is currently $1,172. Here is today’s list of the cheapest available 1 Bedroom options in the area:

Apartment ListingModel NamePriced From
165 N Merton1BR/1.0BA$550
Melrose Court Apartments1 Bed, 1 bath$695
1154 Wilson StOne Bed One Bath$699
Merriwether1 Bedroom, 1 Bathroom$750
Village Square2028 #2$750
Midtown PlacePark Lane - 1B1B$773
Central GardensStudio One Bath$775
The Pulse Apartments1 Bedroom 1 Bathroom$779
Monroe Flats1 Bedroom, 1 Bathroom$799
The Drew1 Bedroom 1 Bathroom$800

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.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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College 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!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
Peabody, Memphis, TN

Ranked #8

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Tennessee and customized analysis for Northwest Central 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 rankings of the best places for convenient access to the outdoors, luxury amenities, places that make kids happy, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about 1 Bedroom Peabody Apartments

What is the Cheapest apartment in Peabody with 1 Bedroom?

Currently the most affordable 1 Bedroom in Peabody is at 165 N Merton listed at $550.

How much is the average rent for a 1 Bedroom Peabody Apartment?

The average rent for a 1 Bedroom Apartment in Peabody is $1,172.

What is the largest available 1 Bedroom Peabody Apartment for rent?

Today's apartment with the most square footage in Peabody is a 1,135 square feet unit starting from $1,793 at Parcels at Concourse.

What is the average size for Peabody 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Peabody is currently 771 sq ft.

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.

Articles, How-To's, and Tips

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.