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Madison Midtown
1544 Madison AveMemphis, TN 38104
3 Bedroom Apartments for Rent in the Peabody Neighborhood of Memphis, TN(27 Rentals)
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from $2,3863 Bedroom Apartments Available Nov 29, 2025
205 Pasadena Pl
205 Pasadena PlMemphis, TN 38104
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from $2,4993 Bedroom Apartments Available Now
The Gilmore
6 S McLean BlvdMemphis, TN 38104
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Parcels at Concourse
1350 Concourse AveMemphis, TN 38104
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from $1,2683 Bedroom Apartments Available Dec 28
Midtown Place
2095 Poplar AveMemphis, TN 38104
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from $8303 Bedroom Apartments Contact Us For Availability
Salem Manor Apartments
2270 S Parkway EMemphis, TN 38114
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from $2,5003 Bedroom Apartments Available Now
Kimbrough Towers
172 Kimbrough PlMemphis, TN 38104
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from $1,4953 Bedroom Apartments
Barksdale Flats
139-149 N Barksdale StMemphis, TN 38104
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3 Bedroom Apartments Available Now
Legends Park Apartments
198 N Pauline StMemphis, TN 38105
Showing Results 1-27, Page 1 of 1
Peabody, Memphis, TN Local Guide
How much does it cost to rent an apartment in Peabody?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peabody Studio Apartments | $1,031 | $634 | $2,433 |
| Peabody 1 Bedroom Apartments | $1,197 | $395 | $2,607 |
| Peabody 2 Bedroom Apartments | $1,389 | $335 | $3,441 |
Peabody 3 Bedroom Apartments | $1,412 | $700 | $2,699 |
| Peabody 4 Bedroom Apartments | $1,744 | $1,067 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Peabody Neighborhood of Memphis, TN.
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Peabody, Memphis, TN Local Guide
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Largest Available Peabody 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in the Peabody area of Memphis, TN is found at The Gilmore and is listed at 2,500 square feet priced from $2,499. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Gilmore | Three Bedroom | 2,500 Sq Ft | $2,499 |
| Kimbrough Towers | C2 | 1,471 Sq Ft | $2,500 |
| Manor Park East | 3 Bed / 2 Bath | 1,328 Sq Ft | $1,000 |
| Legends Park Apartments | 3 Bedroom Townhouse Tax Credit*** | 0 Sq Ft | Call for Rates |
Cheapest Available Peabody 3 Bedroom Apartments
Currently the lowest priced 3 Bedroom apartment unit Peabody of Memphis, TN is the 3 Bed / 2 Bath Model starting from $1,000 at Manor Park East. The average price for all 3 Bedroom apartments in Peabody is currently $1,412. Here is today’s list of the cheapest available 3 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Manor Park East | 3 Bed / 2 Bath | $1,000 |
| The Gilmore | Three Bedroom | $2,499 |
| Kimbrough Towers | C2 | $2,500 |
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Pet Friendly LifestylePeabody, Memphis, TN
Ranked #8
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
5.0Pet Friendly
Lifestyle Ratings
Our team compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States and customized analysis for Central Memphis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, places that make kids happy, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about 3 Bedroom Peabody Apartments
What is the Cheapest apartment in Peabody with 3 Bedroom?
Currently the most affordable 3 Bedroom in Peabody is at Manor Park East listed at $1,000.
How much is the average rent for a 3 Bedroom Peabody Apartment?
The average rent for a 3 Bedroom Apartment in Peabody is $1,412.
What is the largest available 3 Bedroom Peabody Apartment for rent?
Today's apartment with the most square footage in Peabody is a 2,500 square feet unit starting from $2,499 at The Gilmore.
What is the average size for Peabody 3 Bedroom Apartments for rent?
The average size for a 3 Bedroom rental in Peabody is currently 1,386 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.