Apartments for Rent in the Peabody Neighborhood of Memphis, TN Under $2,000 (156 Rentals)

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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.

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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.

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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.

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Peabody, Memphis, TN Local Guide

Quick 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.

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Frequently Asked Questions about Peabody

How much are Studio apartments in Peabody?

There are currently 43 Studio Apartments in Peabody with rent ranges from $634 to $2,143 with an average price of $1,112.

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 $3,074 with an average monthly rent of $1,351.

What does renting a Two Bedroom Apartment in Peabody cost?

The monthly rent prices of Two Bedroom Apartments currently available in Peabody range from $770 to $3,883. Today's average rental price for Two Bedrooms here is $1,623.

How expensive are Peabody Three Bedroom Apartments?

There are currently 31 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $4,500 - averaging $2,047 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.