Peabody Place Apartments

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1986 Peabody Ave, Memphis, TN 38104
(901) 763-6562
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Peabody Place

1986 Peabody Ave
Memphis, TN 38104
(901) 763-6562
Peabody Place in Memphis, TN - Building Photo

About Peabody Place

Special!! $100 off 1st, 3 months with approved application!! Welcome to 1896 Peabody #16, a charming 1-bedroom, 1-bathroom apartment located in the heart of Memphis, TN. This apartment offers a range of amenities to enhance your living experience. With laundry facilities conveniently located on-site, you can say goodbye to the hassle of finding a laundromat. The apartment is vacant and ready for you to make it your own, providing a blank canvas for your personal touch. The kitchen is equipped with a dishwasher, making clean-up a breeze, and a fridge to keep your groceries fresh. Enjoy the luxury of central air and heat, ensuring your comfort throughout the year. The apartment boasts large windows, allowing natural light to flood the space and create a warm and inviting atmosphere. Step out onto the balcony and take in the courtyard view, providing a peaceful retreat from the hustle and bustle of the city. Cable-ready, this apartment allows for easy installation of your preferred entertainment options. Hardwood floors add a touch of elegance to the space, while the disposal and stove provide convenience in your daily routine. Pets are welcome, so you can bring your furry friend along to enjoy your new home. Don't miss out on the opportunity to call 1896 Peabody #16 your own, with its desirable location and array of amenities, it's the perfect place to call home in Memphis, TN

Peabody Place is located in the Midtown Memphis Neighborhood and 38104 Zip code of Memphis, TN. This community is professionally managed by Kismet Property Management

Property Contact Info

Floorplan Pricing and Availability

Peabody Place offers 1 Bedroom apartments starting from $895 and having 800 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      $895

      One Bedroom

      1 Bed, 1 Bath, 800 sq ftAvailable Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      $895Available Now12800

      Model Amenities and Features

      Features

      • Air Conditioning
      • Balcony
      • Cable Ready
      • Heating

      Kitchen

      • Dishwasher
      • Disposal
      • Kitchen
      • Range
      • Refrigerator

      Unit 12 Rent and Fees

      Price

      • $895

      Model Rent and Fees

      Price

      • $895
    Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

    Schedule a Tour

    Schedule a Tour
    Call us at: (901) 763-6562 to schedule a tour.

    Property Information

    • 17 Units
    • 2 Stories
    • Built in 1910

    Lease Terms

    • 12 months

    Pet Policy

    Pet Policy - Cats

    • Cats Allowed

    Fee & Deposit Info

    One-Time Fees

    • $50 Application Fee

    Features and Amenities

    On-Site Services

    • Laundry Facilities

    Outdoor Features

    • Courtyard

    Interior Features

    • Balcony
    • Heating
    • Cable Ready
    • Air Conditioning

    Kitchen Amenities

    • Dishwasher
    • Disposal
    • Kitchen
    • Range
    • Refrigerator

    Living Area Features

    • Hardwood Floors
    Google Map

    Map

    1986 Peabody Ave, Memphis, TN 38104

    Getting Around

    Walk Score®

    85 / 100

    Very Walkable

    Most errands can be accomplished on foot

    Bike Score®

    60 / 100

    Bikeable

    Some bike infrastructure

    Transit Score®

    32 / 100

    Some Transit

    A few nearby public transportation options

    Frequently Asked Questions about Peabody Place

    Where is Peabody Place located?

    Peabody Place is located at 1986 Peabody Ave near the Midtown Memphis area of Memphis, TN

    What is the current rent range at Peabody Place?

    1 Bedrooms at Peabody Place currently start from $895. Call today for more info!

    Are pets allowed?

    Cats are allowed at Peabody Place. To find out more info the policy regarding pets call us today!

    Lifestyle Ratings

    • Affordability Good Value3.6

      The Peabody Place Apartments are 35.9% cheaper than the average apartment in the Midtown Memphis area, and 32.9% cheaper than the average apartment city-wide.

      Rent Comparison to the Midtown Memphis Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$895$1,397-$502-35.9%

      Rent Comparison to the city of Memphis

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$895$1,333-$438-32.9%

      Methodology: On 02/26/2025, ApartmentHomeLiving.com compared current rents by floorplan to 264 other apartment communities in the immediate area around Peabody Place (Midtown Memphis), and 738 other apartment communities in Memphis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 02/26/2025

    • Pet Friendly 3.0

      Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

      Rating Factors

      This 3.0-star Pet Friendly rating is based on the following features:

      • Hardwood Floors
      • Balconies
      • Cats Allowed
      • Courtyard
      • Heating
      • Air Conditioning
    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    4.0
    0 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

    Points of Interest

    Time and distance from Peabody Place.

    Arts Museums and Landmarks

    2085 Monroe Avenue
    1 minute drive / 0.58 miles away
    145 Lt. George Lee Ave
    6 minute drive / 3.07 miles away
    149 Union Avenue
    6 minute drive / 3.07 miles away

    Big Box and Retail

    Goodwill
    2218 Central Ave
    2 minute drive / 0.73 miles away
    Kroger
    1360 Poplar Ave
    4 minute drive / 1.35 miles away
    Walgreens
    1130 S Bellevue Blvd
    4 minute drive / 1.53 miles away

    Colleges and Universities

    650 East Parkway South
    3 minute drive / 1.07 miles away
    2000 North Parkway
    5 minute drive / 1.87 miles away

    Groceries

    The Fresh Market
    2145 Union Ave
    1 minute drive / 0.63 miles away
    Cash Saver
    1620 Madison Ave
    2 minute drive / 0.76 miles away
    Kroger
    1360 Poplar Ave
    4 minute drive / 1.35 miles away

    Hospitals

    Methodist Healthcare Memphis Hospitals
    1265 Union Ave Suite 700
    3 minute drive / 1.19 miles away
    Memphis Mental Health Institute
    951 Court Avenue
    5 minute drive / 1.86 miles away
    Regional One Health
    877 Jefferson Avenue
    5 minute drive / 1.97 miles away

    Military Bases

    5 minute drive / 2.71 miles away

    Parks and Recreation

    Overton Park
    2 minute drive / 0.95 miles away
    750 Cherry Rd
    10 minute drive / 4.8 miles away
    3734 Elvis Presley Blvd
    12 minute drive / 5.92 miles away

    Peabody Place has 3 parks within 5.9 miles, including Overton Park, Memphis Botanical Gardens, and Graceland.

    Shopping Centers

    1801-1803 Union Ave
    1 minute drive / 0.34 miles away
    1997 Union Ave
    1 minute drive / 0.41 miles away
    1680 Union Ave
    1 minute drive / 0.54 miles away

    Peabody Place has 5 shopping centers within 0.7 miles.

    Transit Stations

    3 minute drive / 1.17 miles away
    5 minute drive / 1.77 miles away
    5 minute drive / 1.97 miles away

    Nearby Neighborhoods

    Studio to 6 Bedroom Apartments from $200
    View Rentals
    Studio to 6 Bedroom Apartments from $634
    View Rentals
    Studio to 6 Bedroom Apartments from $700
    View Rentals

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Memphis Studio Apartments $1,176$200$8,000
    Memphis 1 Bedroom Apartments $1,333$200$5,330
    Memphis 2 Bedroom Apartments $1,500$450$8,239
    Memphis 3 Bedroom Apartments $2,005$789$8,165
    Memphis 4 Bedroom Apartments $2,091$599$6,940

    Browse Top Apartments in Memphis

    By Price

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    Viewing: Peabody Place | Desktop Version | Listing Updated: 02/18/2025 | AHLSLV