
Cheap Homes for Rent in Peabody Neighborhood of Memphis, TN from $600 (81 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the Peabody area of Memphis.


1102 College St

2011 Waverly

38 S Bingham St

2774 Midland Ave

2370 Larose Ave

1390 Grand St

1954 Manila Ave

191 N Avalon St

2717 Carnes Ave
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.

754 McConnell St

2325 Riley Ave

517 S Barksdale St

1530 Waverly Ave

2395 Forest Ave

2395 Forest Ave

1271 Poplar Ave

1450 Gold Ave

2692 Select Ave

951 Faxon Ave

1911 Linden Ave

1372 Orgill Ave

2712 Fizer Rd

2380 Forest Ave

3007 Waverly Ave

2038 Southern Ave

824 Carson St

358 E Pkwy N

654 Anderson St

2526 Malone Ave

154 N Auburndale St
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 | $1,145 | $695 | $2,000 |
| Peabody 3 Bedroom Homes for Rent | $1,574 | $795 | $2,740 |
| Peabody 4 Bedroom Homes for Rent | $1,876 | $1,195 | $3,500 |
| Peabody 5 Bedroom Homes for Rent | $2,640 | $1,250 | $4,900 |
| Peabody 6 Bedroom Homes for Rent | $3,433 | $2,000 | $4,900 |
Browse Homes for Rent in this Neighborhood
There are currently 81 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
Explore Memphis
Frequently Asked Questions about Peabody
What type of rentals are currently available in Peabody?
There are currently 645 Apartments for Rent in Peabody, TN with pricing that ranges from $625 to $6,513. There are also 233 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $695 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 $695 to $4,900 with an average monthly rent of $1,823.
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 $1,325 to $6,119, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $2,740. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,500.
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.
Articles, How-To's, and Tips

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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
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.