House for rent

Pet friendly

Updated 32 Minutes Ago

5166 Peg Ln
5166 Peg Ln, Memphis, TN 38117, USA

Monthly rent	$1,599
Beds	3
Baths	1.5
Sqft	1,285

Monthly rent	$1,599
Beds	3
Baths	1.5
Sqft	1,285

Updated 32 Minutes Ago

Highlights

Pet Friendly

Location

5166 Peg Ln, Memphis, TN 38117, USA

Tour 5166 Peg Ln

Contact

Collaborate Real Estate Group, LLC

(901) 660-9494

Property Overview

Located in close proximity to essential amenities, this property benefits from a nearby grocery store just under two miles away and public transportation readily accessible. With top-rated educational facilities within a mile and various outdoor spaces available, it also emphasizes pet friendliness with convenient access to grooming and supply services, enhancing its appeal for pet owners.

Things you’ll love

Fireplace
Images Available
Laundry available on site

Great for

Pet owners

Amenities for 5166 Peg Ln

Features

Deck	Fireplace
Hardwood Floor	Walk-in Closet

Community

Cats OK	Dogs OK
Onsite Laundry

Grounds

Assigned Parking	Off-Street Parking
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

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?

About 5166 Peg Ln

Home

Houses in Memphis

5166 Peg Ln, Memphis, TN 38117, USA

COMING SOON 8/15/2026!! Welcome to this beautifully landscaped home located in the vibrant city of Memphis, TN. This charming brick exterior house boasts three spacious bedrooms, including a primary suite with a walk-in closet, and 1.5 updated bathrooms. The home features hardwood floors throughout, adding a touch of elegance and warmth. The eat-in kitchen is a chef's dream with plenty of cabinet space for all your culinary needs. The living area is accentuated with a cozy fireplace, perfect for those chilly evenings. Step outside to a large deck overlooking a generous backyard, ideal for outdoor entertaining. The home also offers a large separate laundry room for your convenience. Additional amenities include a covered front porch, plantation blinds/shutters, and a double-wide driveway leading to a covered parking space. With off-street parking also available, parking will never be an issue. Experience the perfect blend of comfort and convenience in this Memphis gem. All Collaborate Real Estate Group, LLC residents are enrolled in the Resident Benefits Package (RBP) for $45.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! Residents are also enrolled in Group Rate Internet (GRI) for $59.00/month which makes internet set up a breeze! More details upon application. Brick Exterior Covered Front Porch Double Wide Driveway Eat In In Kitchen Large Backyard Large Deck Large Separate Laundry Room Lots Of Cabinets In Kitchen Mature Landscaping Plantation Blind/Shutters Updated Bathrooms Walkin Closet In Primary Suite

Property highlights

How 5166 Peg Ln compares to other nearby properties.

Positives

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

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 5166 Peg Ln cost about 18% more than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of Aug 1 2026.

Memphis

A table of 3-bedroom apartment rental data trends in 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
August 2026	$1,350