Homes for Rent in the Peabody Neighborhood of Memphis, TN Under $2,000 (179 Rentals)

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property at 2584 Tutwiler Ave
$1,595

Total Monthly Price

Base Rent$1,595
Total Monthly Price$1,595
3 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

2584 Tutwiler Ave

MemphisTN38112
property at 1589 York Ave
$2,000

Total Monthly Price

Base Rent$2,000
Total Monthly Price$2,000
3 Bedroom, 2.5 Bath Townhome for Rent
Available Now

1589 York Ave

MemphisTN38104
property at 1804 Foster Ave
$1,900

Total Monthly Price

Base Rent$1,900
Total Monthly Price$1,900
4 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1804 Foster Ave

MemphisTN38114
property at 1145 Tanglewood St
$1,850

Total Monthly Price

Base Rent$1,850
Total Monthly Price$1,850
3 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1145 Tanglewood St

MemphisTN38114
property at 2020 Linden Ave
$1,545
3 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

2020 Linden Ave

MemphisTN38104
property at 1540 Tutwiler Ave
$1,100

Total Monthly Price

Base Rent$1,100
Total Monthly Price$1,100
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1540 Tutwiler Ave

MemphisTN38107
property at 1542 Tutwiler Ave
$1,100

Total Monthly Price

Base Rent$1,100
Total Monthly Price$1,100
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

1542 Tutwiler Ave

MemphisTN38107
property at 1261 Central Ave
$975

Total Monthly Price

Base Rent$975
Total Monthly Price$975
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1261 Central Ave, Unit 4

1261 Central Ave
MemphisTN38104
  • Smoke Free

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.

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property at 519 S Cox St
$1,904

Total Monthly Price

Base Rent$1,904
Total Monthly Price$1,904
2 Bedroom, 2 Bath Home for Rent
Available Sep 1, 2029
Furnished

519 S Cox St

MemphisTN38104

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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.

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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.

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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.

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Showing Results 1-50, Page 1 of 4

Peabody, Memphis, TN Local Guide

College 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!

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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.

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Peabody, Memphis, TN

Ranked #6

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Peabody

What type of rentals are currently available in Peabody?

There are currently 680 Apartments for Rent in Peabody, TN with pricing that ranges from $634 to $9,540. There are also 214 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peabody ranging from $649 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 $649 to $4,900 with an average monthly rent of $1,488.

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 $3,915, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $1,350.

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

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Memphis, Tennessee: A Local Expert's 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.

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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

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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.

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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Articles, How-To's, and Tips

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.