
Apartments for Rent in the Peabody Neighborhood of Memphis, TN Under $900 (124 Rentals)


Studio Rasa

Azur Tower

Brentwood Parc

Kings Reserve Memphis

Park Terrace

The Gilmore Apartments

The Pulse Apartments

Kimbrough Tower Apartments

Central Gardens
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

31 S McLean Blvd

Eleven60

Parkside Poplar Apartments

The Broadmoor Apartments

Audubon Downs

The Drew

Faulkner Court Apartments

Peabody Place

Midtown Place

Parkway Place Apartments
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.

Deauville Apartments

The Sylvia

Peabody Village

34 N Idlewild St

Stonewall Apartments

Overton Place

Melrose Court Apartments

Total Monthly Price
1011 S Willett St, Unit #3

2464 Monroe Ave

1433 Court Ave
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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.

682 Boston St, Unit 1 - 682

652 N Hollywood St

650 N Hollywood St

144 N Auburndale St

2917 Yale Ave

211 Cochran Pl

1277 Carr Ave

1659 Southern Ave

585 N Avalon St

2168 Carnes Ave
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.

1914 Felix Ave

129 Stonewall St

139 N Claybrook St

25 N Idlewild St

528 East Dr

1235 Vinton Ave

1048 E McLemore Ave

1640 Monroe Ave

2395 Avery Ave

1278-1280 Saxon Ave
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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 124 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
Frequently Asked Questions about Peabody
How much are Studio apartments in Peabody?
There are currently 346 Studio Apartments in Peabody with rent ranges from $634 to $1,500 with an average price of $967.
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 $2,055 with an average monthly rent of $1,217.
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 $1,451.
How expensive are Peabody Three Bedroom Apartments?
There are currently 44 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $825 to $3,400 - averaging $1,710 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.