Apartments in the Peabody area of Memphis with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.
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.
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.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peabody Studio Apartments | $957 | $200 | $1,794 |
| Peabody 1 Bedroom Apartments | $1,177 | $695 | $2,040 |
| Peabody 2 Bedroom Apartments | $1,436 | $625 | $3,400 |
| Peabody 3 Bedroom Apartments | $2,496 | $1,375 | $6,556 |
| Peabody 4 Bedroom Apartments | $2,101 | $1,500 | $3,738 |
There are currently 30 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
See all Apartments in MemphisTake advantage of these move-in and rent specials that are ending soon for top Peabody, TN apartments. Act fast and don’t miss out on an incredible deal on your perfect new place!
One month freeExpires 12-18-2025
Your first full month is FREE, and months two and three are HALF OFF Its basically a three-month head start on the new year. Apply now and move in by 12/19/25.Expires 12-18-2025
Opening Early 2026! Secure your place today by applying for our preleasing waitlist. Be among the first to choose your ideal floor plan, floor level, or scenic view before theyre gone!Expires 12-18-2025
Special-$200 off move in if application is received within 48 hours of touring.Expires 12-18-2025
Wrap up the year with FREE Rent! One Month. Zero Rent. All the Possibilities. Call today!Expires 12-18-2025
Holiday Special! Now through the end of the year, enjoy $500 off your first full month when you move in!Expires 12-18-2025
Limited-Time Offer: Move In by December 26th and Receive Reduced Rates Plus Half Off First Month!Expires 12-18-2025
One Month Free!! Move in within the next two weeks and save! Contact leasing center for details.Expires 12-18-2025
RENT SPECIAL - First month free with 12 month lease signing. Please call for more information!Expires 12-31-2025
LEASE UP RENT HOLIDAY SPECIAL!! ADDITIONAL 1 MONTH FREE!! MOVE IN TODAY AND ENJOY 1/2 OFF RENT FOR THE FIRST 3 MONTHS!!Expires 12-31-2025
Here are the most recently added special offers for renters looking to find the best deals on apartments in Peabody, TN. Be sure to take advantage of some of the area’s top offers.
Next 3 applicants will receive 2 months free rent! *Subject to approval*Expires 12-31-2025
Be the first to live at the fabulous Madison Lofts! Scheduled tours are now available. Call to see why Madison Lofts is the only address to call home.Expires 05-31-2026
Call today for details on our latest move-in specials!Expires 02-07-2026
RENT SPECIAL - First month free with 12 month lease signing. Please call for more information!Expires 12-31-2025
Call today for details on our latest move-in specials!Expires 02-07-2026
Rent Special - 2nd Month free for 12 month Lease! Internet and Water included in rent.Expires 12-31-2025
Special!! Move In Today And Enjoy Half Off Rent For The First Month!!Expires 12-31-2025
SPECIAL!! Move In Today At A Special One-Year Lease Rate At The Biltmore-McAlpin Apartments!! NEW TENANTS ENJOY HALF OFF THE FIRST FULL THREE MONTHS RENTAL RATES!Expires 12-31-2025
NEW TENANTS EARN $1,000 LOYALTY CHECK AFTER THREE MONTHS OF "ON TIME" PAYMENTS!Expires 12-31-2025
HOLIDAYSPECIAL!! ADDITIONAL 1 MONTH FREE!! PLUS MOVE IN TODAY AND ENJOY 1/2 OFF RENT FOR THE FIRST 3 MONTHS!!Expires 12-31-2025
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 ArticleDiscover 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 ArticleMoving 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 ArticleThe 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.
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Write a ReviewAmong cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Currently the most affordable Rent Specials Apartment in Peabody is at 1154 Wilson St listed at $699.
The average rent for a Rent Specials Apartment in Peabody is $1,278.
Today's Rent Specials apartment with the most square footage in Peabody is a 2,300 square feet unit starting from $1,500 at Barksdale Flats.
The average size for a Rent Specials rental in Peabody is currently at 739 sq ft.
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.
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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