
Cheap Homes for Rent in the Peabody Neighborhood of Memphis, TN from $600 (69 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the Peabody area of Memphis.


2692 Select Ave

1540 Tutwiler Ave

1542 Tutwiler Ave

939 Seattle St

3049 Carnes 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.

354 Williford St

761 Goodwyn St

2386 Larose Ave

425 Carpenter St

2096 Court Ave

1271 Poplar Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1556 Tutwiler Ave

1679 Parktown Pl

1592 Southern Ave

2076 Goff Ave

1947 Clovia Ln

1179 College St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

769 Hilton 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 | $1,070 | $649 | $1,900 |
| Peabody 3 Bedroom Homes for Rent | $1,605 | $895 | $2,595 |
| Peabody 4 Bedroom Homes for Rent | $1,848 | $1,050 | $3,750 |
| Peabody 5 Bedroom Homes for Rent | $2,915 | $1,545 | $4,900 |
| Peabody 6 Bedroom Homes for Rent | $3,183 | $2,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 69 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 665 Apartments for Rent in Peabody, TN with pricing that ranges from $634 to $3,400. There are also 187 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $600 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 $600 to $4,900 with an average monthly rent of $1,548.
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 $850 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,595. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,850.
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.
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Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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
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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.