Find Rentals in Memphis

Houses for Rent

Apartments for Rent

Explore Listings

Property Managers

Listings Quality Policy

Renter Resources

Avoid Scams & Fraud

Rent vs. Buy Calculator

Rent Affordability Calculator

Help & Support

1 / 6

Verified

1016 Peabody Ave #1

Memphis, TN 38104 - Shelby County

Apartment

2 beds

1 baths

745 sqft

About 1016 Peabody Ave #1

Charming Midtown Apartment. 1016 Peabody Ave. Live in the heart of Midtown and experience the perfect blend of classic Memphis charm and modern comfort. This spacious 2-bedroom, 1 bath apartment offers: Timeless character with updated features. A comfortable layout with plenty of natural light. Prime location just minutes from Overton Square, the Medical District and Downtown Memphis. Rent: $799. Deposit Special: Only $99. Section 8 accepted for this property and appliances are included.

RentalSource last checked: June 12, 2026 · 4:07 PM ET

Last updated: May 20, 2026 at 2:12 PM ET

Managed by: Lubin Property Management · (901) 329-8443 · TenantTurner

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$799
Bedrooms:	2 beds
Bathrooms:	1 baths

Size:	745 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	83657164

Leasing Information

Fees: Application fee $50 (mandatory, nonrefundable, pre-move-in).

Additional Details

Apartment for rent in Memphis for $799 with 2 beds, 1 bath, 745 sqft and located at 1016 Peabody Ave #1 in Memphis, TN 38104. The rental price of $799 is 15.0% ($141) lower than the average rent of $940 for a 2 bedroom apartment in Memphis, TN and 18.8% ($185) lower than the average rent of $984 for a 2 bedroom apartment in Shelby County. 1016 Peabody Ave #1 was advertised by Lubin Property Management on May 20, 2026 at 9:36 AM ET and last checked today at 4:07 PM ET.

Affordability Calculator

Can I afford to live at 1016 Peabody Ave #1?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$31,960 /year

With your chosen rent-to-income ratio, an annual income of $31,960 is recommended to comfortably afford this 2-bedroom rental priced at $799 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$799

Rent Affordability Calculator

Interested in 1016 Peabody Ave #1?

Find out more about this property & see if it's available now.

Property managed by:

Lubin Property Management
(901) 329-8443

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.