Updated 5+ Days Ago
Location
1016 Peabody Ave #1, Memphis, TN 38104, USA|New Pathways
Tour 1016 Peabody Ave #1
Contact
Lubin Property Management LLC
Nearby rentals
Property management
Apartments for rent MemphisApartments for rent SouthavenApartments for rent CordovaApartments for rent Olive BranchApartments for rent Gray's CreekApartments for rent BartlettApartments for rent OaklandApartments for rent Alliance of Cordova NeighborhoodsApartments for rent Horn LakeApartments for rent ArlingtonApartments for rent Cordova RidgeApartments for rent ColliervilleApartments for rent RichwoodApartments for rent CountrywoodApartments for rent Village of Summer MeadowsApartments Near Me
Houses for rent MemphisHouses for rent GermantownHouses for rent BartlettHouses for rent CordovaHouses for rent LakelandHouses for rent Uptown MemphisHouses for rent ColliervilleHouses for rent Red AcresHouses for rent Olive BranchHouses for rent WaynokaHouses for rent DrummondsHouses for rent BriarwoodHouses for rent CovingtonHouses for rent Tunica ResortsHouses for rent Sterling RidgeHouses for rent near me
Property Overview
Situated in a prime location, the home offers strong value for money, ranking in the 82nd percentile compared to nearby options. It is also conveniently located about 0.42 miles from a top-rated middle school, adding everyday practicality to its appeal.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
- Elementary school nearby
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
Advertisement
About 1016 Peabody Ave #1
Sweet deal!
This listing is 34% below the median price for 2 bedroom apartments in New Pathways.
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! Don't miss your chance to call this Midtown gem home. Section 8 accepted for this property and appliances are included.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1016 Peabody Ave, Memphis, TN 38104, USA compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.4 mile away
- Elementary school nearby
- There is an elementary school 0.4 mile away
Address details
| Neighborhood | New Pathways |
|---|---|
| Zip code | 38104 |
| Type | Apartment for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in New Pathways
2-bedroom apartments at 1016 Peabody Ave #1 cost about 34% less than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Jul 18 2026.
New Pathways
Memphis
| Month | Median Rent |
|---|---|
| August 2024 | $1,107 |
| September 2024 | $1,164 |
| October 2024 | $1,125 |
| November 2024 | $1,150 |
| December 2024 | $1,146 |
| January 2025 | $1,151 |
| February 2025 | $1,111 |
| March 2025 | $1,107 |
| April 2025 | $1,106 |
| May 2025 | $1,104 |
| June 2025 | $1,095 |
| July 2025 | $1,091 |
| August 2025 | $1,096 |
| September 2025 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| December 2025 | $1,026 |
| January 2026 | $1,012 |
| February 2026 | $1,014 |
| March 2026 | $999 |
| April 2026 | $991 |
| May 2026 | $977 |
| June 2026 | $984 |
| July 2026 | $966 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,274 |
| September 2024 | $1,569 |
| October 2024 | $1,516 |
| November 2024 | $1,205 |
| December 2024 | $1,205 |
| January 2025 | $1,347 |
| February 2025 | $1,543 |
| March 2025 | $1,433 |
| April 2025 | $1,396 |
| May 2025 | $1,375 |
| June 2025 | $1,625 |
| July 2025 | $1,637 |
| August 2025 | $1,642 |
| September 2025 | $1,652 |
| October 2025 | $1,448 |
| November 2025 | $1,060 |
| December 2025 | $1,314 |
| January 2026 | $1,007 |
| February 2026 | $1,004 |
| March 2026 | $1,036 |
| April 2026 | $1,036 |
| May 2026 | $1,471 |
| June 2026 | $1,576 |
| July 2026 | $1,340 |
Affordability calculator
Can I afford to live at 1016 Peabody Ave #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$31,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,960 annually to afford this 2-bedrooms monthly rent price of $799.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $799 | 2 bed | 1 bath | ||
| 3 months ago | $799 | 2 bed | 1 bath | ||
| 3 months ago | $799 | 2 bed | 1 bath | ||
| 3 months ago | $799 | 2 bed | 1 bath | ||
| 4 months ago | $799 | 2 bed | 1 bath |
Schools near 1016 Peabody Ave #1
Bruce Elementary School
581 s bellevue blvd
memphis, TN, 38104
PK, K-5Public
C
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
Advertisement
Internet available near 1016 Peabody Ave #1
Getting around Memphis near 1016 Peabody Ave #1
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1016 Peabody Ave #1, Memphis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Other units at this address
1016 Peabody Ave, Memphis, TN
1016 Peabody Ave Memphis, TN
Occupied
3
2 Beds
1 Bath
$799
Occupied
2
2 Beds
1 Bath
$799
Occupied
5
2 Beds
1 Bath
$799
Occupied
6
2 Beds
1 Bath
$799
Occupied
4
2 Beds
1 Bath
$799
Compare similar properties nearby
- dogs and cats ok
- on-site laundry
- swimming pool
University Gardens Manor
Our team has verified this companyRhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
- dogs and cats ok
- on-site laundry
- swimming pool
Monarch on Highland
Our team has verified this companyUniversity of Memphis • 274 S Highland St
1 Bed
$999–$1,050
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
University Gardens Manor
Our team has verified this companyRhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
- dogs and cats ok
- on-site laundry
- swimming pool
Monarch on Highland
Our team has verified this companyUniversity of Memphis • 274 S Highland St
1 Bed
$999–$1,050
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
- dogs and cats ok
- on-site laundry
- swimming pool
Check availability
2 Bedroom house rentals in Memphis215 listings
215 listings
3 Bedroom house rentals in Memphis890 listings
890 listings
Advertisement