425 Carpenter St
MemphisTN38112
Cheap Homes for Rent in Peabody Neighborhood of Memphis, TN from $600 (57 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the Peabody area of Memphis.
32 N Belvedere Blvd, Unit 2, Unit 2
32 N Belvedere Blvd
MemphisTN38104
2853 Choctaw Ave
MemphisTN38114
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.
2855 Choctaw Ave
MemphisTN38114
2405 Eastwood Ave
MemphisTN38112
1248 Greenwood St
MemphisTN38106
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.
1936 E McLemore Ave
MemphisTN38114
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 | $1,222 | $700 | $3,100 |
| Peabody 3 Bedroom Homes for Rent | $1,626 | $895 | $2,750 |
| Peabody 4 Bedroom Homes for Rent | $1,912 | $1,340 | $4,200 |
| Peabody 5 Bedroom Homes for Rent | $2,680 | $1,195 | $4,900 |
| Peabody 6 Bedroom Homes for Rent | $4,150 | $3,400 | $4,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
Explore Memphis
Let everyone know!
Do you know the Peabody area?
If you’re an expert on all things Peabody, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Peabody
What type of rentals are currently available in Peabody?
There are currently 659 Apartments for Rent in Peabody, TN with pricing that ranges from $634 to $7,177. There are also 165 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $650 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 $650 to $4,900 with an average monthly rent of $2,079.
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 $7,177, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,340 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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.