
2 Bedroom Apartments for Rent in the Peabody Neighborhood of Memphis, TN (242 Rentals)


Madison Midtown

The Melrose Midtown

The Bonsai at Central Gardens

Bristol On Union Apartment Homes

Parkview Apartments

220 South

Total Monthly Price
The Citizen Apartments

Kings Reserve Memphis

Brentwood Parc
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

Azur Tower

Georgian Woods

Total Monthly Price
The Midtowner

Total Monthly Price
Urban Peddler

Park Terrace

The Gilmore Apartments

The Pulse Apartments

At The Park Apartments

Total Monthly Price
The Residence - Bldg 25

Midline Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1161 Poplar

Total Monthly Price
Merton Court

Madison at McLean

Kimbrough Tower Apartments

Overton Garden Apartments

Parcels at Concourse

Central Gardens

31 S McLean Blvd

Madison Gardens Apartments

Eleven60
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.

1170 Peabody Ave

The Galloway @ Evergreen

The Broadmoor Apartments

Audubon Downs

Peabody Falls Apartments

Midtown Place

The Drew

Goodbar Townhomes

Belvedere Place
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.

212 S Willett St

Deauville Apartments

65 N Belvedere Blvd

The Sylvia

Peabody Village

34 N Idlewild St

Stonewall Apartments

Overton Place

1540 Tutwiler Ave

1542 Tutwiler Ave
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 | $971 | $634 | $2,004 |
| Peabody 1 Bedroom Apartments | $1,208 | $695 | $1,944 |
Peabody 2 Bedroom Apartments | $1,523 | $750 | $3,400 |
| Peabody 3 Bedroom Apartments | $1,825 | $895 | $3,400 |
| Peabody 4 Bedroom Apartments | $1,816 | $1,600 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 242 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
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Largest Available Peabody 2 Bedroom Apartments
The largest available 2 Bedroom apartment unit in the Peabody area of Memphis, TN is found at 201-203 Stonewall St and is listed at 2,066 square feet priced from $2,399. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 201-203 Stonewall St | 2 Beds, 2 Baths | 2,066 Sq Ft | $2,399 |
| Bristol On Union Apartment Homes | The Versailles, 2 Bedroom 2 Bath | 1,507 Sq Ft | $2,125 |
| Kimbrough Tower Apartments | 2 Bedroom 2 Bathroom | 1,471 Sq Ft | $1,700 |
| 65 N Belvedere Blvd | 2 Bed 2 Bath | 1,350 Sq Ft | $1,350 |
| Peabody Falls Apartments | 2 BDRM, 2 BTH B1 | 1,322 Sq Ft | $1,700 |
| The Melrose Midtown | The Alisa | 1,303 Sq Ft | $1,649 |
| Parcels at Concourse | Americus 6 | 1,266 Sq Ft | $2,383 |
| Kings Reserve Memphis | Woodmont | 1,210 Sq Ft | $1,275 |
| The Bonsai at Central Gardens | 2 Bedroom 2 Bathroom | 1,200 Sq Ft | $2,000 |
| Link Apartments® Broad Ave | B3 | 1,151 Sq Ft | $1,983 |
Cheapest Available Peabody 2 Bedroom Apartments
Currently the lowest priced 2 Bedroom apartment unit Peabody of Memphis, TN is the 2 Beds, 1 Baths Model starting from $625 at 1277 Airways Blvd. The average price for all 2 Bedroom apartments in Peabody is currently $1,523. Here is today’s list of the cheapest available 2 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 1277 Airways Blvd | 2 Beds, 1 Baths | $625 |
| Barron Court | Barron Court 2 Bedroom 1 Bath | $650 |
| Brentwood Parc | 2 Bed/ 2 Bath | $750 |
| Peabody Village | 2 Beds, 1 Baths | $895 |
| Peabody and Dudley | B1 | $895 |
| Stonewall Apartments | 2 Bed 1.5 Bath | $895 |
| Eleven60 | Midtown 2 bedroom | $899 |
| 34 N Idlewild St | 2BR/1.0BA | $900 |
| The Galloway @ Evergreen | 2 Beds, 1 bath | $900 |
| Kings Reserve Memphis | Tutwiller | $930 |
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!
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 #5
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Memphis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about 2 Bedroom Peabody Apartments
What is the Cheapest apartment in Peabody with 2 Bedroom?
Currently the most affordable 2 Bedroom in Peabody is at 1277 Airways Blvd listed at $625.
How much is the average rent for a 2 Bedroom Peabody Apartment?
The average rent for a 2 Bedroom Apartment in Peabody is $1,523.
What is the largest available 2 Bedroom Peabody Apartment for rent?
Today's apartment with the most square footage in Peabody is a 2,066 square feet unit starting from $2,399 at 201-203 Stonewall St.
What is the average size for Peabody 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Peabody is currently 866 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.
Helpful Local Expert Guides

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.

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

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.

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.
