Zumper

506 Peabody Ave
506 Peabody Ave, Edinburg, TX 78539, USA

Apartment for rent
Pet friendly
Monthly rent
$795–$895
Beds1–2
Baths1–2
Sqft800–990
modified
16 Hours Ago

Property Overview

Modern fixtures, tile flooring, and granite countertops contribute to a polished interior, while 42 photos offer a clear look at the space. Strong value for money and nearby pet services, along with outdoor areas and durable flooring, make it appealing for convenience and everyday living.

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

  • Less expensive
  • More space
  • Images available

Great for

  • Pet owners

Highlights

  • Pet Friendly
  • modern fixtures
  • tile flooring
  • granite countertops

Units

506 Peabody Ave Edinburg, TX

New Listing

1

Our team has verified this company

1 Bed

1 Bath

$795

Listed on 06/24/2026
Listed by Magnolia Rentals
Days on market: 14
1st Month Free with 13 Month Lease Welcome to 506 Peabody in Edinburg, TX! This modern 1-bedroom, 1-bath apartment features an open-concept floor plan with vaulted ceilings, granite countertops, and stylish finishes throughout. The kitchen comes equipped with a stove/oven, refrigerator, microwave, and ample cabinet space, while a washer and dryer are included for your convenience. Enjoy a spacious walk-in closet, private patio, covered parking, and the security of a gated community. Central AC and ceiling fans provide year-round comfort, and lawn care is included. Residents also benefit from 24/7 maintenance support for added peace of mind. Pet-friendly with breed restrictions. Tenants are responsible for all utilities. No smoking permitted. Take advantage of this limited-time offer. Receive your first month free with a 13-month lease. Schedule your tour today! 12 Month Lease 24/7 Maintenance Support Central Ac Granite Countertops Modern Fixtures Pet Friendly With Breed Restrictions Tile Floor

New Listing

2

Our team has verified this company

2 Beds

2 Baths

$895

Listed on 07/07/2026
Listed by Magnolia Rentals
Days on market: 1
1st Month Free with 13 Month Lease Welcome to 506 PEABODY, a stunning two-bedroom, two-bathroom apartment located in the vibrant city of Edinburg, TX. This apartment boasts modern fixtures, granite countertops, and tile floors, creating a sleek and stylish living space. The open floor plan is perfect for entertaining, while the vaulted ceiling adds a touch of elegance. The kitchen is equipped with a refrigerator, microwave, and stove/oven, and the convenience of having a washer and dryer included in the unit cannot be overstated. The master bath is a luxurious retreat, and the living room is a comfortable space for relaxation. The apartment also features ceiling fans and central AC for your comfort. This gated property offers covered parking and 24/7 maintenance support for peace of mind. While this is a no-smoking property, it is pet-friendly with breed restrictions. Please note that the tenant is responsible for all utilities and a 12-month lease is required. Experience the best of Edinburg living at 506 PEABODY. 12 Month Lease 24/7 Maintenance Support Central Ac Granite Countertops Modern Fixtures Pet Friendly With Breed Restrictions Tile Floor

Amenities for 506 Peabody Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Controlled Access
Unit Amenities
  • In-Unit Laundry
  • High Ceilings
  • Assigned Parking
  • Ceiling Fan
  • Microwave
  • Air Conditioning
  • Walk-In Closets

Policies at 506 Peabody Ave

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

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 506 Peabody Ave

HomeApartments in Edinburg 506 Peabody Ave #2, Edinburg, TX 78539, USA

Check out this charming property located at 506 Peabody Ave, Edinburg, TX 78539! This intimate community consists of 6 units, offering a range of 1, 2, and 3-bedroom options, spanning from 800 to 1180 square feet. Residents can enjoy modern fixtures, tile flooring, and granite countertops, as well as the convenience of in-unit washer and dryer and central air conditioning. Take advantage of the balcony patio, oven, and walk-in closet, and enjoy the ease of included utilities. Plus, this pet-friendly property is within walking distance to grocery stores and near top-rated schools, including an elementary school and high school with A- or higher ratings. With its long-term rentals, this property is perfect for those looking for a stable and comfortable living situation.

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Address details

Units6
Units available2
City
Zip code78539

506 Peabody Ave #2 is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 4 pet hospitals in the area
  • Tile, vinyl or hardwood floors
  • 1 pet supply store near the property

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 506 Peabody Ave, Edinburg, TX 78539, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Less expensive
Some rentals at this address are cheaper than similar listings nearby
More space
The 1-bedroom is 50 sqft larger than other listings nearby
Images available
There are at least 10 photos of this address
Walk-in closet
Rentals here may include more closet space than average

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in Edinburg

1-bedroom apartments here are priced 6% higher than 1-bedrooms in Edinburg.

If you decide to upgrade your space, you can expect 2-bedrooms at 506 Peabody Ave #2 to be 1% more than the average for similarly sized apartments in Edinburg.

Median rents as of Jul 4 2026.
Edinburg
A table of studio rental data trends in Edinburg
MonthMedian Rent
July 2024$600
August 2024$620
September 2024$600
October 2024$600
November 2024$640
December 2024$600
January 2025$600
February 2025$600
March 2025$615
April 2025$600
May 2025$600
June 2025$600
July 2025$600
August 2025$600
September 2025$600
October 2025$600
November 2025$600
December 2025$600
January 2026$618
February 2026$600
March 2026$600
April 2026$600
May 2026$600
June 2026$600
July 2026$700

Affordability calculator

Can I afford to live at 506 Peabody Ave?

Bedrooms

Rent-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

$31,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this 1-bedroom monthly rent price of $795.
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.
Check out the past listing prices for monthly rent at 506 Peabody Ave, Edinburg, TX.
Last month$9753 bed2 bath
Last month$8452 bed2 bath
9 months ago$8952 bed2 bath
1 year ago$8501 bed1 bath
5 years ago$9003 bed2 bath
5 years ago$9003 bed2 bath
5 years ago$8002 bed2 bath
6 years ago$9003 bed2 bath
6 years ago$8002 bed2 bath

Schools near 506 Peabody Ave #2

Alfonso Ramirez Elementary School

1700 w alberta rd

edinburg, TX, 78539

PK, K-5Public
A-

Early Childhood

411 n 8th st

edinburg, TX, 78541

PKPublic

Mission Early Learning

1201 bryce dr

mission, TX, 78572

PKPublic

Hidalgo Early Start Academy

601 second st

hidalgo, TX, 78557

PKPublic

21st Century Early Learning Foundations Academy

400 s oklahoma ave

weslaco, TX, 78596

PKPublic
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Getting around Edinburg near 506 Peabody Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 506 Peabody Ave, Edinburg

Groceries

5/10
Variety of groceries within a short drive

Shopping

5/10
Variety of shops within a short drive

Cafes

4/10
Variety of cafés within a short drive

Restaurants

6/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

5/10
Variety of bars within a short drive

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