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Verified

Pet Friendly

Furnished

1162 Peabody Ave #101

Memphis, TN 38104 - Shelby County

Apartment

1 beds

1 baths

503 sqft

About 1162 Peabody Ave #101

Welcome to 1162 Peabody Avenue, a collection of brand new studio and 1 bedroom apartments located in Midtown. With quick access to Downtown, the Medical District and the interstate, commuting is simple while still keeping you close to dining, shopping, entertainment and some of Memphis's most popular neighborhoods. This newly built studio apartment features high-end finishes and a spacious, modern layout. The unit opens to an eat-in kitchen with quartz countertops, designer finishes and new appliances including refrigerator, microwave, range and dishwasher. With plenty of room for dining, the kitchen creates a functional and stylish entry to the home. The main living and sleeping area is open and spacious, with large windows that bring in great natural light and plenty of room to create comfortable living and bedroom spaces. The bathroom features a walk-in shower and clean, modern finishes. Luxury vinyl plank throughout. Washer/dryer included (not shown in photos, but will be furnished at move-in). 1 gated parking space per unit. Pet friendly and Internet is included. Professionally managed by 901 Real Estate Services. Please see below. Photos may be of different units than one available and/or virtually staged. Typical fees for approved applicants, not including security deposit: one-time admin fee of $250; one-time pet fee & monthly pet rent, determined by PetScreening per pet. Advertised rent price per month includes $40 Resident Benefit Package. Please ask the Property Manager for more information. Appliances Included. Blinds. Ceiling Fan(s) W/ Remote. Central Heat & Air. Controlled Access Building. Convenient Location....

RentalSource last checked: June 12, 2026 · 4:35 PM ET

Last updated: June 4, 2026 at 3:56 PM ET

Managed by: Hayden Davis · (901) 231-6999 · ShowMojo

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$990
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	503 sqft
Pet Friendly:	Yes
Listing Status:	Active
ID:	83686815

Property Amenities

• Balcony/Patio

• Ceiling Fan

• Dishwasher

• Furnished

• High-Speed Internet

• Microwave

• Pet Friendly

• Refrigerator

• Washer/Dryer In Unit

• Walk-in Closets

Community Features

• Controlled Access

• Parking

Additional Details

Apartment for rent in Memphis for $990 with 1 bed, 1 bath, 503 sqft, pet friendly and located at 1162 Peabody Ave #101 in Memphis, TN 38104. The rental price of $990 is 24.1% ($192) higher than the average rent of $798 for a 1 bedroom apartment in Memphis, TN and 18.4% ($154) higher than the average rent of $836 for a 1 bedroom apartment in Shelby County. 1162 Peabody Ave #101 was advertised by Hayden Davis on May 25, 2026 at 9:14 AM ET, last updated on June 4, 2026 at 3:56 PM ET and last checked today at 4:35 PM ET.

Affordability Calculator

Can I afford to live at 1162 Peabody Ave #101?

Bedrooms

1 bedroom

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

$39,600 /year

With your chosen rent-to-income ratio, an annual income of $39,600 is recommended to comfortably afford this 1-bedroom rental priced at $990 per month.

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

Apartment for rent

$990

Rent Affordability Calculator

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Property managed by:

Hayden Davis
(901) 231-6999

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