5+ Days Ago
Highlights
Pet Friendly
- French doors
- Private patio
- Walk in closets
- Large walk in closet
- Large linen closet
- Living room
Location
1994 Peabody Ave, Memphis, TN 38104, USA|Idlewild
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Property Overview
Featuring notable elements such as French doors, a private patio, and spacious closets, this property offers both charm and functionality. Its location highlights a vibrant social atmosphere with numerous dining options and accessible outdoor spaces, while also catering to pet ownership with nearby parks and facilities. Additionally, proximity to a highly-rated elementary school enhances the community appeal, complemented by a favorable value per square foot compared to local properties.
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
Elementary school nearby- More space
- Fireplace
Great for
Social life
Pet owners
Amenities for 1994 Peabody Ave, Idlewild
Apartment Amenities
| Air Conditioning | Dryer |
| Fireplace | Hardwood Floor |
| Heating | High Ceilings |
| Pantry | Private Patio |
| Vaulted Ceiling | Walk-in Closet |
| Window Coverings |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Storage |
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
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 1994 Peabody Ave
Amazing opportunity to live in the heart of Midtown with all of it's charms. This two bedroom has plenty of storage to include walk in closets and a kitchen pantry. The living room opens to the dining room that flows into the kitchen where guests can access the half bathroom. The french doors from the dining area open to a private patio to enjoy coffee or cocktails on (fence being added around patio). Upstairs you will find a large primary bedroom with double closets, a laundry closet, a large linen closet, a jack and jill style bathroom, the second bedroom with a large walk in closet, and a staircase leading the a completely floored third story attic for even more storage options. Available for a May 1 move in.
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 1994 Peabody Ave, Memphis, TN 38104, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- More space
- The 2-bedroom is 365 sqft larger than other listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Neighborhood | Idlewild |
|---|---|
| Zip code | 38104 |
| Type | House for rent |
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Rent trends in Idlewild
2-bedroom apartments at 1994 Peabody Ave cost about 8% more than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Nov 1 2025.
Idlewild
Memphis
| Month | Median Rent |
|---|---|
| November 2023 | $995 |
| December 2023 | $1,000 |
| January 2024 | $1,010 |
| February 2024 | $1,007 |
| March 2024 | $1,003 |
| April 2024 | $1,024 |
| May 2024 | $1,053 |
| June 2024 | $1,046 |
| July 2024 | $1,081 |
| 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 |
| Month | Median Rent |
|---|---|
| July 2024 | $1,443 |
| August 2024 | $1,410 |
| September 2024 | $1,390 |
| November 2024 | $1,390 |
| December 2024 | $1,390 |
Affordability calculator
Can I afford to live at 1994 Peabody Ave?
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
$59,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,800 annually to afford this 2-bedrooms monthly rent price of $1,495.
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 | |||||
|---|---|---|---|---|---|
| 2 years ago | $1,795 | 2 bed | 1.5 bath |
Schools near 1994 Peabody Ave
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
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near 1994 Peabody Ave
Getting around Memphis near 1994 Peabody Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1994 Peabody Ave, Memphis
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
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Other units at this address
1994 Peabody Ave, Memphis, TN
1994 Peabody Ave Memphis, TN
Occupied
1
2 Beds
1.5 Baths
$1,795
Hardwood Floor • High Ceilings • Fireplace • Air Conditioning • Dishwasher • Walk-In Closets
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