
Cheap Homes for Rent in Peabody Neighborhood of Memphis, TN from $500 (74 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the Peabody area of Memphis.


324 Harrell St

1162 Bradley St

793 N Hollywood St

328 Hodges St

1802 Edmondson Ave

754 McConnell St

2774 Midland Ave

517 S Barksdale St

1530 Waverly Ave
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.

2386 Larose Ave

2693 Spottswood Ave

2692 Select Ave

951 Faxon Ave

1271 Poplar Ave

1450 Gold Ave

1372 Orgill Ave

104 N Cooper St

2712 Fizer Rd

3007 Waverly 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.

824 Carson St

1542 Tutwiler Ave

1540 Tutwiler Ave
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 | $1,265 | $745 | $2,700 |
| Peabody 3 Bedroom Homes for Rent | $1,546 | $750 | $2,700 |
| Peabody 4 Bedroom Homes for Rent | $1,841 | $950 | $3,950 |
| Peabody 5 Bedroom Homes for Rent | $2,754 | $1,850 | $4,900 |
| Peabody 6 Bedroom Homes for Rent | $2,600 | $1,800 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 74 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
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Frequently Asked Questions about Peabody
What type of rentals are currently available in Peabody?
There are currently 642 Apartments for Rent in Peabody, TN with pricing that ranges from $200 to $10,290. There are also 232 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $500 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 $500 to $4,900 with an average monthly rent of $1,820.
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 $1,375 to $5,322, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,700. Four Bedroom Single-Family rentals are also available starting from $950 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.

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.

Apartment Common Area Rules: What Renters Need to Know
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
