5+ Days Ago
Highlights
- Separate dining room
- Covered parking
- Separate living room
- Gas cooking
- Uncovered parking
- Beautiful hardwood floors
Location
1468 Peabody Ave, Memphis, TN 38104, USA|Central Gardens
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Property Overview
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.
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
Middle school nearby- Images available
Great for
Social life
Amenities for 1468 Peabody Ave, Central Gardens
Apartment Amenities
| Hardwood Floor |
Grounds
| Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 1468 Peabody Ave
Property 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.
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 1468 Peabody Ave compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.5 mile away
- Images available
- There are at least 10 photos of this address
Considerations
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Neighborhood | Central Gardens |
|---|---|
| Zip code | 38104 |
| Type | Apartment for rent |
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Rent trends in Central Gardens
3-bedroom apartments at 1468 Peabody Ave cost about the same as the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Oct 18 2025.
Central Gardens
Memphis
| Month | Median Rent |
|---|---|
| November 2023 | $1,368 |
| December 2023 | $1,368 |
| 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 | $1,341 |
| Month | Median Rent |
|---|---|
| November 2023 | $2,000 |
| December 2023 | $1,637 |
| 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 |
Affordability calculator
Can I afford to live at 1468 Peabody Ave?
Bedrooms
3 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
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms monthly rent price of $1,800.
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.| 5 months ago | $1,800 |
Schools near 1468 Peabody Ave
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-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
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Internet available near 1468 Peabody Ave
Getting around Memphis near 1468 Peabody Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 1468 Peabody Ave, Memphis
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
5/10
Limited amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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