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1 Bedroom Apartments
Clark Terrace
148 Clark PlMemphis, TN 38104
Cheap Apartments for Rent in the Peabody Neighborhood of Memphis, TN from $300 (203 Rentals) Page 5 of 5
Search the lowest-cost Apartments available for rent right now in the Peabody area of Memphis.
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2 Bedroom Apartments
Tucker Place
124 N Tucker StMemphis, TN 38104
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1 Bedroom Apartments
Rayner House Apartments
1020 Rayner StMemphis, TN 38114
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 | $977 | $634 | $2,079 |
| Peabody 1 Bedroom Apartments | $1,160 | $695 | $2,300 |
| Peabody 2 Bedroom Apartments | $1,366 | $725 | $3,400 |
| Peabody 3 Bedroom Apartments | $1,952 | $825 | $6,316 |
| Peabody 4 Bedroom Apartments | $2,541 | $1,500 | $6,785 |
Browse Apartments in this Neighborhood
There are currently 203 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 $795.
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 $4,520.
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 86 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 $560 which is $3,960 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.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.