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Meridian Property Management, LLC - MFR
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Urban Peddler features controlled access, on-site parking, and central air conditioning, all within a quiet community. With a Zumper Expert Rating of 8.8, it offers an excellent balance of price and amenities, rated 10 out of 10, and a location rating of 9 for its proximity to restaurants, cultural centers, and schools. Additionally, the property scores an 8 for trustworthiness, presenting a reliable option for renters while highlighted as great for social life and pet-friendliness.
Things you’ll love
Elementary school nearbyGreat for
Pet owners
Social life| 2BR/1.0BA | 2 bed | 1 bath | 975 sqft | $1,000 /mo | 1 unit available | Experience comfort, charm, and savings this winter at Urban Peddler—your Midtown retreat that combines character, convenience, and affordability. Nestled in one of Memphis’s most vibrant neighborhoods, Urban Peddler gives you everything you need to enjoy a connected, cozy lifestyle without stretching your budget. Winter Special! Save $1,800!-- Sign a 12-month lease and move in by January 16th, 2026 to receive your winter savings: $300 off per month for the first 6 months $150 off per month for the full 12 months PLUS, we are waiving the $150 setup fee for a limited time. Apartment Features-- This charming 2-bedroom apartment blends classic character with modern functionality. Original hardwood floors and bright natural lighting Spacious living area perfect for cozy winter evenings Separate dining area connected to the kitchen, ideal for meals or entertaining Comfortable bedrooms with natural light and individual AC units Separate AC unit keeps the living room comfortable year-round Community Highlights-- On-site parking Quiet, well-maintained community with controlled access Fridge, electric stove, and central AC/heat Walkable Midtown location near the Medical District, Downtown, I-40, Overton Park, Memphis Zoo, restaurants, shops, and cafés Pet Policy-- Bring your furry friends! Up to 2 pets allowed: $300 nonrefundable deposit per pet $30/month pet rent per pet 60 lb weight limit; breed restrictions apply Move-In Date Requirements-- An apartment can be held for up to three weeks and not past the current month. Your desired move-in date must be within that timeframe from the date of application approval but the move in cannot be past the current month. This does not apply if the apartment move-in ready date is listed later than the current month. If you are not looking to move this month, we will not be able to hold it even with a deposit. If it is available the following month or if there is a different unit available the following month then we can move forward with deposit. In addition, a move in can be no later than the 29th of the current month for a 30-day month, and no later than the 30th for a 31-day month. Pricing & Application-- Rent: $1,000/month Security Deposit: starting at $700 Application Fee: $75 ($150 setup fee waived) Application Details-- We make applying easy! If you need assistance, we partner with programs that can help you get approved—no co-signer required. Application Requirements-- Credit score 575+ 2.5x monthly net income Good, verifiable rental history No bankruptcies or evictions within the past 4 years Nearby Schools-- Peabody Elementary Central High School University of Memphis UTHSC Insurance Requirement-- Liability insurance required ($16/month available through our affiliate or provide your own policy). Don’t miss this opportunity! 12-month lease must be signed and moved in by 1/16/26 to take advantage of the winter special and waived setup fee. Text (901) 341-0341 to schedule a tour or start your application today—mention Urban Peddler and your winter savings move-in special! |
Let's explore this property.
Apartment Amenities
| Central Heat | Hardwood Floor |
| New Light Fixtures | Newly Remodeled |
| Original Hardwood Floor | Recently Renovated |
| Seperate Dining Area | Spacious Bedrooms |
| Spacious Living Room |
Appliances
| Gas Range | In-Unit Laundry |
| Range | Refrigerator |
| Washer and Dryer |
Building
| Cats OK | Controlled Access |
| Dogs OK |
Grounds
| Assigned Parking |
Neighborhood
| Close to Entertainment | Small Community |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 16 |
|---|
Experience comfort, charm, and savings this winter at Urban Peddler—your Midtown retreat that combines character, convenience, and affordability. Nestled in one of Memphis’s most vibrant neighborhoods, Urban Peddler gives you everything you need to enjoy a connected, cozy lifestyle without stretching your budget. Winter Special! Save $1,800!-- Sign a 12-month lease and move in by January 16th, 2026 to receive your winter savings: $300 off per month for the first 6 months $150 off per month for the full 12 months PLUS, we are waiving the $150 setup fee for a limited time. Apartment Features-- This charming 2-bedroom apartment blends classic character with modern functionality. Original hardwood floors and bright natural lighting Spacious living area perfect for cozy winter evenings Separate dining area connected to the kitchen, ideal for meals or entertaining Comfortable bedrooms with natural light and individual AC units Separate AC unit keeps the living room comfortable year-round Community Highlights-- On-site parking Quiet, well-maintained community with controlled access Fridge, electric stove, and central AC/heat Walkable Midtown location near the Medical District, Downtown, I-40, Overton Park, Memphis Zoo, restaurants, shops, and cafés Pet Policy-- Bring your furry friends! Up to 2 pets allowed: $300 nonrefundable deposit per pet $30/month pet rent per pet 60 lb weight limit; breed restrictions apply Move-In Date Requirements-- An apartment can be held for up to three weeks and not past the current month. Your desired move-in date must be within that timeframe from the date of application approval but the move in cannot be past the current month. This does not apply if the apartment move-in ready date is listed later than the current month. If you are not looking to move this month, we will not be able to hold it even with a deposit. If it is available the following month or if there is a different unit available the following month then we can move forward with deposit. In addition, a move in can be no later than the 29th of the current month for a 30-day month, and no later than the 30th for a 31-day month. Pricing & Application-- Rent: $1,000/month Security Deposit: starting at $700 Application Fee: $75 ($150 setup fee waived) Application Details-- We make applying easy! If you need assistance, we partner with programs that can help you get approved—no co-signer required. Application Requirements-- Credit score 575+ 2.5x monthly net income Good, verifiable rental history No bankruptcies or evictions within the past 4 years Nearby Schools-- Peabody Elementary Central High School University of Memphis UTHSC Insurance Requirement-- Liability insurance required ($16/month available through our affiliate or provide your own policy). Don’t miss this opportunity! 12-month lease must be signed and moved in by 1/16/26 to take advantage of the winter special and waived setup fee. Text (901) 341-0341 to schedule a tour or start your application today—mention Urban Peddler and your winter savings move-in special!
How Urban Peddler compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at Urban Peddler cost about 1% less than the average rent price for 2-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| February 2024 | $650 |
| March 2024 | $650 |
| April 2024 | $705 |
| May 2024 | $769 |
| June 2024 | $765 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $904 |
| January 2026 | $813 |
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Bedrooms
2 bedroomsRent-to-income ratio
30%
$40,000/yr
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Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
Binghampton-Lester • 2540 Broad Ave
1 Bed
$1,270–$2,328
University of Memphis • 274 S Highland St
1–2 Beds
$999–$1,050
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
Binghampton-Lester • 2540 Broad Ave
1 Bed
$1,270–$2,328
University of Memphis • 274 S Highland St
1–2 Beds
$999–$1,050
