
Cheap Apartments for Rent in the Peabody Neighborhood of Memphis, TN from $300 (193 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in the Peabody area of Memphis.


Edgewood Townhomes

SoMa 23

1277 Airways Blvd

Barron Court

1111 N Parkway

1111 North Pkwy

35 N Idlewild St

1154 Wilson St

Lapaloma Apartments
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.

2861 Nathan Ave

Manor Park Apartments

2859 NATHAN Ave

Idlewild Terrace

151 N Belvedere Blvd

669-677 Harrell St

Merriwether

Salem Manor Apartments

Village Square

1077 Merriwether Ave

464 Glankler St

2972 Hale Ave

Cooper-Young Apartments

The Vinton

Belvedere Apartments

1659 Cooper St

141 N Claybrook St

Stonewall Park Apartments

Monroe Flats

Courtyard @ 1460 Monroe

Colonial Apartments

667 Marechalneil St

464 Lipford St

665 Marechalneil St

1639 Southern Ave

Almadura Apartments

Caprice

744 Lester St

808 Columbia St

2659 Whitman Ave

291 Red Oak St

1388 Kyle St

302 Garland St

2187 Court Ave

1507 Hamilton St

2187 Court

1320 Faxon Ave

The Alma

32 Claybrook

Delmar-Lema Village
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 | $967 | $634 | $1,500 |
| Peabody 1 Bedroom Apartments | $1,217 | $495 | $2,055 |
| Peabody 2 Bedroom Apartments | $1,451 | $750 | $3,400 |
| Peabody 3 Bedroom Apartments | $1,710 | $825 | $3,400 |
| Peabody 4 Bedroom Apartments | $2,000 | $1,850 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 193 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
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Frequently Asked Questions about Cheap Peabody Apartments
What is a cheap apartment in Peabody?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Peabody is under $750.
What is the price of a cheap apartment in Peabody?
The cheapest apartment in Peabody is 165 N Merton which is listed at $550, while the average apartment in Peabody costs $2,000.
What types of apartments are the cheapest in Peabody?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 90 regular apartments in Peabody that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Peabody?
Cheap apartments in Peabody have an average cost of $607 which is $1,393 cheaper than the average rent for all rentals in Peabody.
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.
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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.