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Cheap Apartments for Rent in the Peabody Neighborhood of Memphis, TN from $300(60 Rentals)
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from $6001 to 3 Bedroom Apartments Available Now
Salem Manor Apartments
2270 S Parkway EMemphis, TN 38114
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Rent Specials
from $634Studio to 2 Bedroom Apartments Available Now
The PULSE Apartments-Utilities included
57 N Somerville StMemphis, TN 38104
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Rent Specials
from $6951 Bedroom Apartments Available Now
Village Square
2024 Jefferson AveMemphis, TN 38104
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from $7001 to 3 Bedroom Apartments Available Now
Manor Park East
1500 Parkway View CirMemphis, TN 38106
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from $725Studio to 2 Bedroom Apartments Available Now
Overton Place
1214 Overton Park AveMemphis, TN 38104
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Rent Specials
from $738Studio to 3 Bedroom Apartments Available Now
The Gilmore
6 S McLean BlvdMemphis, TN 38104
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Rent Specials
from $7391 to 2 Bedroom Apartments Available Now
The Drew @ Medical District
1060 Merriwether AveMemphis, TN 38105
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from $8001 to 3 Bedroom Apartments Available Now
Midtown Place
2095 Poplar AveMemphis, TN 38104
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Rent Specials
from $850Studio to 2 Bedroom Apartments Available Now
Park Terrace
1899 Poplar AveMemphis, TN 38104
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Rent Specials
from $850Studio to 2 Bedroom Apartments Available Now
Kings Reserve Memphis
1550 N ParkwayMemphis, TN 38112
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Rent Specials
from $875Studio to 1 Bedroom Apartments Available Now
Studio Rasa
1030 Poplar AveMemphis, TN 38105
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from $8751 to 2 Bedroom Apartments Available Now
Belvedere Gardens Condominiums
108 N Belvedere BlvdMemphis, TN 38104
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Rent Specials
from $8951 to 2 Bedroom Apartments Available Now
Azur Tower
305 S Bellevue BlvdMemphis, TN 38104
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Rent Specials
from $8951 to 2 Bedroom Apartments Available Now
Overton Garden Apartments
1985 Madison AveMemphis, TN 38104
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from $895Studio to 1 Bedroom Apartments Available Now
Parkway Place Apartments
2342-2352 Parkway PlMemphis, TN 38112
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Rent Specials
from $8951 Bedroom Apartments Available Now
Peabody Place
1986 Peabody AveMemphis, TN 38104
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from $8952 Bedroom Apartments Available Now
Stonewall Apartments
129 StonewallMemphis, TN 38104
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Rent Specials
from $898Studio to 1 Bedroom Apartments Available Now
The Courts Midtown
1391 Court AveMemphis, TN 38104
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from $9001 to 2 Bedroom Apartments Available Now
The Courtyard at 1161
1161 Poplar AveMemphis, TN 38105
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Rent Specials
from $6991 to 3 Bedroom Apartments
Merton Manor Apartments
171 N Merton StMemphis, TN 38112
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from $7752 Bedroom Apartments Available Jan 17, 2025
144 N. Belvedere
144 N Belvedere BlvdMemphis, TN 38104
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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 60 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
- Nearby Memphis neighborhoods
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Cheapest Available Peabody Apartments for Rent
The cheapest available apartment rental in the Peabody area of Memphis, TN is a 1 Bed unit found at 165 N Merton priced from $550. SoMa 23 has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Peabody apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 165 N Merton | 1BR/1.0BA | 1BR,1BA | $550 |
| SoMa 23 | Studio Small | Studio,1BA | $650 |
| Village Square | 1/1 | 1BR,1BA | $695 |
| Manor Park East | 1 Bed / 1 Bath | 1BR,1BA | $700 |
| The PULSE Apartments-Utilities included | Studio | Studio,1BA | $708 |
| Salem Manor Apartments | 2 Beds, 1 bath | 2BR,1BA | $730 |
| The Drew @ Medical District | One Bed | 1BR,1BA | $739 |
| Central Gardens | Studio One Bath | 1BR,1BA | $775 |
| The Courtyard at Monroe | 1 Bed 1 Bath | 1BR,1BA | $799 |
| The Courtyard @ Monroe Flats | 1 Bed 1 Bath | 1BR,1BA | $799 |
Best Value Apartments for Rent in Peabody, TN
As of December 27, 2024 the best value apartment in the Peabody area is the $1.00 price per square foot Three Bedroom Model at The Gilmore in the in the East Memphis neighborhood starting from $2,499. The second greatest value Peabody apartment is the 2 Bed/2 Bath Model at The Avalon starting at $1,250 with a $1.04 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Peabody apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Gilmore | Three Bedroom | 3BR,3.5BA | $1.00 |
| The Avalon | 2 Bed/2 Bath | 2BR,2BA | $1.04 |
| Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
| 1833 Central Ave, Unit Carriage house | 1833 Central Ave | 1BR,2BA | $1.09 |
| Hollywood Square | 2BD/1BA Upstairs | 2BR,1BA | $1.00 |
| 1855 Poplar Ave, Unit 4 | 1855 Poplar Ave | 2BR,2BA | $0.95 |
| 1920 Lamar Ave, Unit APT 1 | 1920 Lamar Ave | 2BR,1BA | $1.00 |
| Audubon Downs | One Bedroom | 1BR,1BA | $0.98 |
| Vinton Avenue Apartments | 2BR/1.0BA | 2BR,1BA | $1.00 |
| Salem Manor Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.90 |
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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
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Memphis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, multifamily communities for the kids, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Peabody Apartments
What is the Cheapest Studio apartment in Peabody?
Currently the most affordable Cheap Studio Apartment in Peabody is at SoMa 23 listed at $650.
How much is rent for a Cheap One Bedroom Peabody Apartment?
The lowest price for a Cheap One Bedroom Peabody Apartment is $550 at 165 N Merton.
What is the lowest price for a Cheap Two Bedroom Peabody Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Peabody is starting from $730 at Salem Manor Apartments.
What is the most affordable Peabody Three Bedroom Apartment?
The best deal on a cheap Peabody Three Bedroom Apartment rental is at Manor Park East and starts from $1,000.
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.
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.
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.
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.
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.