
Luxury Apartments for Rent in the Peabody Neighborhood of Memphis, TN (30 Rentals)
The most luxurious Apartments in the Peabody area of Memphis with high-end amenities, features, and finishes.


Bristol On Union Apartment Homes

Parkview Apartments

220 South

Total Monthly Price
The Citizen Apartments

Madison at McLean

1981 Snowden Ave
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.

1577 Eastmoreland Ave

2118 Higbee Ave

382 Josephine St

82 N Rembert St

1825 Young Ave

1080 Blythe St

2906 Tishomingo Ln
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.

2035 Central Ave

1726 Vesey Ave

156 N Tucker St

519 S Edgewood St

240 S Belvedere Blvd

1981 Snowden Ave

1781 Forest Ave
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.

1389 Agnes Pl

1544 Court Ave

2374 Forrest Ave

1295 Vinton Ave

1515 Goodbar Ave

1855 Oliver Ave

201-203 Stonewall St
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.

Lenox School Condo

Parcels at Concourse
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 | $965 | $634 | $1,500 |
| Peabody 1 Bedroom Apartments | $1,212 | $495 | $2,010 |
| Peabody 2 Bedroom Apartments | $1,394 | $750 | $3,400 |
| Peabody 3 Bedroom Apartments | $1,758 | $825 | $3,400 |
| Peabody 4 Bedroom Apartments | $1,933 | $1,800 | $2,150 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
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Peabody, Memphis, TN Local Guide
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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!
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 #4
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Central Memphis, TN. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Luxury Living Rating
This submarket is known as one of the best luxury neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like racquetball and tennis courts, luxury pools, maid services, views, access to parks, and amenities like granite countertops, range hoods, and high-end appliances. Luxury communities also often offer hardwood floors and fireplaces, raquetball courts, and for some communities, even a doorman to greet residents.
Frequently Asked Questions about Peabody
How much are Studio apartments in Peabody?
There are currently 345 Studio Apartments in Peabody with rent ranges from $634 to $1,500 with an average price of $965.
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 $495 to $2,010 with an average monthly rent of $1,212.
What does renting a Two Bedroom Apartment in Peabody cost?
The monthly rent prices of Two Bedroom Apartments currently available in Peabody range from $750 to $3,400. Today's average rental price for Two Bedrooms here is $1,394.
How expensive are Peabody Three Bedroom Apartments?
There are currently 42 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $825 to $3,400 - averaging $1,758 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.
Helpful Local Expert Guides

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

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.

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

Memphis, Tennessee: A Local Experts 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.
Articles, How-To's, and Tips

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.