




- 3BR, 1.5BA Home
- $1,599 Pricing
- 1,285 Square Feet
- 08-15-2026 Availability
Unit Rent and Fees
Unit Price
- $1,599
About 5166 Peg Ln
COMING SOON 8/15/2026!! Welcome to this beautifully landscaped home located in the vibrant city of Memphis, TN. This charming brick exterior house boasts three spacious bedrooms, including a primary suite with a walk-in closet, and 1.5 updated bathrooms. The home features hardwood floors throughout, adding a touch of elegance and warmth. The eat-in kitchen is a chef's dream with plenty of cabinet space for all your culinary needs. The living area is accentuated with a cozy fireplace, perfect for those chilly evenings. Step outside to a large deck overlooking a generous backyard, ideal for outdoor entertaining. The home also offers a large separate laundry room for your convenience. Additional amenities include a covered front porch, plantation blinds/shutters, and a double-wide driveway leading to a covered parking space. With off-street parking also available, parking will never be an issue. Experience the perfect blend of comfort and convenience in this Memphis gem. All Collaborate Real Estate Group, LLC residents are enrolled in the Resident Benefits Package (RBP) for $45.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! Residents are also enrolled in Group Rate Internet (GRI) for $59.00/month which makes internet set up a breeze! More details upon application. Brick Exterior Covered Front Porch Double Wide Driveway Eat In In Kitchen Large Backyard Large Deck Large Separate Laundry Room Lots Of Cabinets In Kitchen Mature Landscaping Plantation Blind/Shutters Updated Bathrooms Walkin Closet In Primary Suite
5166 Peg Ln is located in the White Station Neighborhood and 38117 Zip code of Memphis, TN.
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (901) 660-9494
- Disclaimer:
Lease Terms
- 16
Fees and Policies
Pet Policy and Fees
Cats
AllowedDogs
AllowedParking Info and Fees
- Covered
- Other
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Garden Style
Interior Features
- Fireplace

Map
- Shopping
- Colleges
- Schools
- Grocery
- Medical
- Parks
- Transportation

Map
Frequently Asked Questions about 5166 Peg Ln
What type of rental is available at 5166 Peg Ln?
There is currently a 3 Bed 1 Bath Home for rent with 1,285 sq ft listed at 5166 Peg Ln. It is Available August 15, 2026.
How much is the rent at 5166 Peg Ln?
The rental at 5166 Peg Ln is currently listed at $1,599.
What area of town is 5166 Peg Ln located in?
Located in the White Station Neighborhood, 5166 Peg Ln is in the 38117 Zip Code of Memphis, TN.
Points of Interest
Time and distance from 5166 Peg Ln.
Arts Museums and Landmarks
Big Box and Retail
Aldi
Lowe's
Target
Colleges and Universities
Southwest Tennessee Community College - Macon Cove Campus
Groceries
Aldi
Kroger
Hospitals
Baptist Memorial Hospital - Memphis
Spence And Becky Wilson Baptist Children's Hospital
Baptist Memorial Hospital For Women
Military Bases
Memphis Defense Depot
Parks and Recreation
5166 Peg Ln has 3 parks within 10.0 miles, including Memphis Botanical Gardens, Overton Park, and Graceland.
Shopping Centers
5166 Peg Ln has 5 shopping centers within 0.9 miles.
Transit Stations
Cleveland Street-Madison Avenue Trolley
Pauline Street-Madison Avenue Trolley
Dunlap Street-Madison Avenue Trolley
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments | $1,073 | $547 | $7,985 |
| Memphis 1 Bedroom Apartments | $1,154 | $525 | $2,813 |
| Memphis 2 Bedroom Apartments | $1,264 | $601 | $5,096 |
| Memphis 3 Bedroom Apartments | $1,687 | $550 | $4,137 |
| Memphis 4 Bedroom Apartments | $1,349 | $550 | $2,560 |
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