
Homes for Rent in Peabody Neighborhood of Memphis, TN (184 Rentals)


24 N Cooper St, Unit 1

1577 Eastmoreland Ave

1707 Belvedere Ct

1151 Tanglewood St

1145 Tanglewood St

1544 Court Ave

417 Hodges St

828 Baltimore St

1524 N Parkway
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.

1540 Tutwiler Ave

1542 Tutwiler Ave

687 Dickinson St

1590 Baltimore St

354 Williford St

149 N Barksdale St, Unit 204

1433 Court Ave

159 N Belvedere Blvd, Unit 1

2098 Court Ave, Unit Apt. 2

2096 Court Ave
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.

2263 Young Ave

356 Williford St

2673 Enterprise Ave

70 N McLean Blvd

2264 Malone Ave

144 N Auburndale St

854 Josephine St

286 Malvern St, Unit A

2118 Higbee Ave

1307 Larkin 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.

2984 Waverly Ave

939 Seattle St

382 Josephine St

1994 Manila Ave

694 Hamilton St

2717 Carnes Ave

2325 Riley Ave

2917 Yale Ave

1884 Vinton Ave

2035 Central Ave
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

1999 Peabody Ave

771 Metcalf Pl

2020 Courtland Pl

1778 Evelyn Ave

679 S Belvedere Blvd

25 S Morrison St

240 S Belvedere Blvd

519 S Edgewood St

927 Seattle St

1721 Nelson Ave
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.
Peabody, Memphis, TN Local Guide

How much does it cost to rent a home in Peabody?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peabody 2 Bedroom Homes for Rent | $1,149 | $700 | $2,000 |
| Peabody 3 Bedroom Homes for Rent | $1,639 | $850 | $2,950 |
| Peabody 4 Bedroom Homes for Rent | $1,851 | $1,050 | $4,000 |
| Peabody 5 Bedroom Homes for Rent | $3,221 | $1,595 | $4,900 |
| Peabody 6 Bedroom Homes for Rent | $2,731 | $2,000 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 184 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
Explore Memphis
Peabody, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleCollege 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 #3
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Peabody
What type of rentals are currently available in Peabody?
There are currently 665 Apartments for Rent in Peabody, TN with pricing that ranges from $495 to $3,400. There are also 185 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $550 to $4,900.
What is the current price range for Rental Homes in Peabody?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peabody ranges from $550 to $4,900 with an average monthly rent of $1,792.
How much are larger Three and Four Bedroom Rentals in Peabody?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peabody range from $825 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,800.
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

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.

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.