Apartments for Rent in the Peabody Neighborhood of Memphis, TN (892 Rentals) Page 2 of 18

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Neighborhood & Market Insights: How to Choose the Right Area to Rent

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 2584 Tutwiler Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

3 Bedroom, 2 Bath Home for Rent

Available Now

2584 Tutwiler Ave

MemphisTN38112
property at 2020 Linden Ave

$1,545

3 Bedroom, 1 Bath Townhome for Rent

Available Now

2020 Linden Ave

MemphisTN38104
property at 1589 York Ave

$2,000

Total Monthly Price

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

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.

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property at 1145 Tanglewood St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

1145 Tanglewood St

MemphisTN38114
property at 1804 Foster Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

4 Bedroom, 2 Bath Home for Rent

Available Now

1804 Foster Ave

MemphisTN38114
property at 1347 Harbert Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

3 Bedroom, 2 Bath Home for Rent

Available Now

1347 Harbert Ave

MemphisTN38104
property at 1261 Central Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Aug 29

1261 Central Ave, Unit 4

1261 Central Ave
MemphisTN38104
property at 2562 School Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

3 Bedroom, 2 Bath Home for Rent

Available Sep 1

2562 School Ave

MemphisTN38112
property at 1540 Tutwiler Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1540 Tutwiler Ave

MemphisTN38107
property at 1542 Tutwiler Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1542 Tutwiler Ave

MemphisTN38107
property at 854 Josephine St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

4 Bedroom, 2 Bath Home for Rent

Available Now

854 Josephine St

MemphisTN38114
Showing Results 51-100, Page 2 of 18

Frequently Asked Questions about Peabody

What is the current pricing and availability for apartments for rent in the Peabody area of Memphis, TN?

As of today, August 27, 2026, there are currently 892 available Peabody apartments priced from $634 to $9,796, with an average monthly rent of $1,363.

How much are Studio apartments in Peabody?

There are currently 340 Studio Apartments in Peabody with rent ranges from $634 to $1,545 with an average price of $963.

What is the current price range for One Bedroom Peabody Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Peabody ranges from $675 to $2,423 with an average monthly rent of $1,209.

What does renting a Two Bedroom Apartment in Peabody cost?

The monthly rent prices of Two Bedroom Apartments currently available in Peabody range from $750 to $3,543. Today's average rental price for Two Bedrooms here is $1,557.

How expensive are Peabody Three Bedroom Apartments?

There are currently 40 Three Bedroom Apartments listings available in Peabody on ApartmentHomeLiving.com. The pricing ranges from $850 to $4,087 - averaging $2,165 for the location.

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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Articles, How-To's, and Tips

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

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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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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.

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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.