5+ Days Ago
Highlights
- Separate dining room
- Separate living room
- Gorgeous hardwood floors
Location
1468 Peabody Ave, Memphis, TN 38104, USA|Central Gardens
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Property Overview
Located in a vibrant Memphis neighborhood, this residence features separate living and dining rooms, enhancing the home’s functionality. Gorgeous hardwood floors add warmth and elegance, while its location offers easy access to local amenities. Ideal for those seeking both comfort and style, it presents a unique opportunity in the area.
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- Less expensive
- 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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 NOW! 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. Office Phone: (901) 754-0800 Copyright © 2026 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
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- 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 8% less than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Mar 7 2026.
Central Gardens
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $1,397 |
| 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 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,295 |
| March 2026 | $1,295 |
| Month | Median Rent |
|---|---|
| March 2024 | $2,250 |
| 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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 3-bedrooms monthly rent price of $1,650.
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.| 10 months ago | $1,800 |
Schools near 1468 Peabody Ave
Bruce Elementary School
581 s bellevue blvd
memphis, TN, 38104
PK, K-5Public
C
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
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-
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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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