Updated 4 Days Ago
Highlights
Pet Friendly
Location
5012 N Peg Ln, Memphis, TN 38117, USA
Tour 5012 N Peg Ln
Contact
Tippett Real Estate Services
Nearby rentals
Property management
Apartments for rent MemphisApartments for rent CordovaApartments for rent SouthavenApartments for rent Olive BranchApartments for rent OaklandApartments for rent BartlettApartments for rent Gray's CreekApartments for rent Alliance of Cordova NeighborhoodsApartments for rent Horn LakeApartments for rent ArlingtonApartments for rent CountrywoodApartments for rent RichwoodApartments for rent Cordova RidgeApartments for rent ColliervilleApartments for rent MillingtonApartments Near Me
Houses for rent MemphisHouses for rent GermantownHouses for rent CordovaHouses for rent JonesboroHouses for rent BartlettHouses for rent Uptown MemphisHouses for rent Red AcresHouses for rent StrongHouses for rent BrownsvilleHouses for rent DrummondsHouses for rent BriarwoodHouses for rent WaynokaHouses for rent CovingtonHouses for rent Park PlaceHouses for rent HernandoHouses for rent near me
Property Overview
5012 N Peg Ln offers convenient access to public transportation, nearby schools, and a solid value per square foot compared with many area properties. It also stands out for pet friendliness, with no breed or pet restrictions and access to nearby pet care and supply services, plus 15 photos that provide a useful preview.
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- High school nearby
- Dishwasher
Great for
Pet owners
Amenities for 5012 N Peg Ln
Appliances
| Dishwasher | Microwave |
| Range |
Community
| Cats OK | Dogs OK |
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
Limit1
Questions about this property’s policies and fees?
Advertisement
About 5012 N Peg Ln
Great Rental home with 3brs, hardwood floors, Fence in backyard located in Mendenhall Acres off White Station. Gas stove, dishwasher, 3br 1.5 bath with den. Fenced in back yard with storage building.
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 5012 N Peg Ln compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- High school nearby
- There is a high school 0.4 mile away
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 38117 |
|---|---|
| Type | House for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Memphis
3-bedroom apartments at 5012 N Peg Ln cost about 20% more than the average rent price for 3-bedroom apartments in Memphis.
Median rents as of Jul 25 2026.
Memphis
| Month | Median Rent |
|---|---|
| August 2024 | $1,396 |
| 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 | $1,299 |
| April 2026 | $1,342 |
| May 2026 | $1,368 |
| June 2026 | $1,374 |
| July 2026 | $1,362 |
Affordability calculator
Can I afford to live at 5012 N Peg Ln?
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
$65,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $65,000 annually to afford this 3-bedrooms monthly rent price of $1,625.
For more information on rent affordability, visit our rent calculator.
Schools near 5012 N Peg Ln
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Richland Elementary School
5440 rich rd
memphis, TN, 38120
PK, K-5Public
A-
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
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Advertisement
Internet available near 5012 N Peg Ln
Neighborhood
Getting around Memphis near 5012 N Peg Ln
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 5012 N Peg Ln, Memphis
Groceries
5/10
The nearest general grocery store is within a 15-to-20 minute walk.
Shopping
5/10
Some fashion stores are within walking distance.
Cafes
1/10
Few cafés are within walking distance.
Restaurants
4/10
Some restaurants are within walking distance.
Primary schools
9/10
At least one elementary school within a 5-to-10-minute walk.
High schools
7/10
The closest high school is within a 10-to-15-minute walk.
Parks
6/10
Very few or no parks in the area.
Nightlife
2/10
The closest bar is within a 20-minute walk. There are few or no other bars within walking distance.
Compare similar properties nearby
Link Apartments® Broad Ave
Our team has verified this companyBinghampton-Lester • 2540 Broad Ave
2 Beds
$2,099–$3,770
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
The Peabody Collection Apartments
Our team has verified this company125 Gayoso Ave
2 Beds
$1,710–$1,740
- dogs and cats ok
- in-unit laundry
- swimming pool
The Citizen Apartments
Our team has verified this companyCentral Gardens • 1835 Union Ave
2 Beds
$1,999–$3,694
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
Link Apartments® Broad Ave
Our team has verified this companyBinghampton-Lester • 2540 Broad Ave
2 Beds
$2,099–$3,770
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
The Peabody Collection Apartments
Our team has verified this company125 Gayoso Ave
2 Beds
$1,710–$1,740
- dogs and cats ok
- in-unit laundry
- swimming pool
The Citizen Apartments
Our team has verified this companyCentral Gardens • 1835 Union Ave
2 Beds
$1,999–$3,694
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
- dogs and cats ok
- in-unit laundry
- swimming pool
Check availability
2 Bedroom house rentals in Memphis216 listings
216 listings
3 Bedroom house rentals in Memphis910 listings
910 listings
Advertisement