
4 Bedroom Apartments for Rent in the Peabody Neighborhood of Memphis, TN (45 Rentals)


139 N Barksdale St, Unit 201

139 N Barksdale St, Unit 103

1702 Netherwood Ave

694 Hamilton St

687 Glankler St

691 Harrell St

1195 Dorothy Pl

1622 Elvis Presley Blvd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1808 Glenview Ave

2626 Whitman Ave

1325 Bruce St

644 Kent St

321 Carpenter St

325 Carpenter St

1380 Ethel St

942 Emmie St

2531 Pershing Ave
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.

760 Hanley St

804 Boston St

681 Baltimore St

747 Baltimore St

677 Baltimore St

734 Inez St

2532 Sam Cooper Blvd

744 Baltimore St

721 Eva St
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.

720 Lipford St

2845 Yale Ave

379 Boston St

443 N Avalon St

1916 Walker Ave

1072 Bruce St

1068 Bruce St

2462 Hale Ave

1621 Linden Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1726 Vesey Ave

2031 Central Ave

1505 Netherwood Ave

1844 Oliver Ave

1855 Oliver Ave

163 N Auburndale St

2319 Longstreet Dr

Cane Creek Apartments

Chickasaw Place Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $970 | $634 | $1,500 |
| Peabody 1 Bedroom Apartments | $1,172 | $695 | $2,300 |
| Peabody 2 Bedroom Apartments | $1,339 | $695 | $3,400 |
| Peabody 3 Bedroom Apartments | $2,023 | $825 | $7,177 |
Peabody 4 Bedroom Apartments | $1,857 | $1,500 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 45 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 Article10 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.
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 ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
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 #8
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Peabody, Memphis, and the greater Memphis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, places to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Family-Friendly Rating
Do you have a family with little ones? Peabody is known as a good section of town for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. These features include things like green spaces, picnic areas, recreation rooms, walking and biking trails, and access to highly-rated education opportunities.
Frequently Asked Questions about Peabody
How much are Studio apartments in Peabody?
There are currently 348 Studio Apartments in Peabody with rent ranges from $634 to $1,500 with an average price of $970.
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 $695 to $2,300 with an average monthly rent of $1,172.
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 $3,400. Today's average rental price for Two Bedrooms here is $1,339.
How expensive are Peabody Three Bedroom Apartments?
There are currently 36 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $825 to $7,177 - averaging $2,023 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.
Articles, How-To's, and Tips

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

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.

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.

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.