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The property offers a well-designed layout with separate dining and living rooms, enhancing social and entertaining spaces. Notable features include beautiful hardwood floors and gas cooking, contributing to a warm, inviting atmosphere. Ample parking options, with both covered and uncovered spaces, add to the convenience of this appealing home.
Things you’ll love
Less expensiveMiddle school nearbyImages availableGreat for
Social lifeApartment Amenities
| Hardwood Floor |
Grounds
| Outdoor Space |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
Apartments in MemphisCentral Gardens 1468 Peabody Avenue, Memphis, Tennessee 38104, United StatesProperty Status: Active *****Available June, 2025***** BEAUTIFUL 3 BDRM, 2 BATH DUPLEX. GORGEOUS HARDWOOD FLOORS throughout, super nice kitchen with gas cooking, sep living room, sep dining room. In prime Central Gardens location. Parking for 2 cars (1 covered, 1 uncovered) No Pets. Please contact Elizabeth Young. Office Phone: (901) 754-0800 Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 1468 Peabody Avenue compares to other nearby properties.
Positives
Considerations
| Neighborhood | Central Gardens |
|---|---|
| Zip code | 38104 |
| Type | Apartment for rent |
3-bedroom apartments at 1468 Peabody Avenue cost about 6% less than the average rent price for 3-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| December 2023 | $1,371 |
| January 2024 | $1,355 |
| February 2024 | $1,350 |
| March 2024 | $1,378 |
| April 2024 | $1,397 |
| May 2024 | $1,398 |
| June 2024 | $1,397 |
| July 2024 | $1,399 |
| August 2024 | $1,398 |
| September 2024 | $1,407 |
| October 2024 | $1,396 |
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| January 2025 | $1,395 |
| February 2025 | $1,395 |
| March 2025 | $1,408 |
| April 2025 | $1,415 |
| May 2025 | $1,436 |
| June 2025 | $1,443 |
| July 2025 | $1,424 |
| August 2025 | $1,399 |
| September 2025 | $1,367 |
| October 2025 | $1,338 |
| November 2025 | $1,314 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,395 |
| January 2024 | $1,796 |
| February 2024 | $2,395 |
| March 2024 | $2,319 |
| April 2024 | $2,265 |
| May 2024 | $2,232 |
| June 2024 | $2,075 |
| August 2024 | $2,016 |
| September 2024 | $2,000 |
| November 2024 | $2,200 |
| December 2024 | $2,200 |
| January 2025 | $2,212 |
| February 2025 | $2,200 |
| March 2025 | $2,187 |
| April 2025 | $2,185 |
| May 2025 | $2,100 |
| July 2025 | $2,800 |
| August 2025 | $2,700 |
| September 2025 | $1,800 |
| October 2025 | $1,800 |
Can I afford to live at 1468 Peabody Avenue?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$67,800/yr
| 7 months ago | $1,800 |
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University of Memphis • 274 South Highland Street
2 Beds
N/A
225 Arbor Commons Circle
2–3 Beds
$1,443–$3,218
Binghampton-Lester • 2540 Broad Avenue
2 Beds
$1,608–$3,336
Central Gardens • 1835 Union Avenue
2 Beds
$2,013–$3,752
New Pathways • 420 Monroe Avenue
2 Beds
$1,899–$5,520
125 Gayoso Avenue
2 Beds
$1,660–$2,120
University of Memphis • 274 South Highland Street
2 Beds
N/A
225 Arbor Commons Circle
2–3 Beds
$1,443–$3,218
Binghampton-Lester • 2540 Broad Avenue
2 Beds
$1,608–$3,336
Central Gardens • 1835 Union Avenue
2 Beds
$2,013–$3,752
New Pathways • 420 Monroe Avenue
2 Beds
$1,899–$5,520
125 Gayoso Avenue
2 Beds
$1,660–$2,120
1088 listings
252 listings
1008 listings
