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Updated 5+ Days Ago

Highlights

  • Private balcony
  • Spacious closets
  • Off-street parking
  • Central heat/air

Location

1261 Peabody Ave, Memphis, TN 38104, USA|Annesdale Park
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Property Overview

Peabody Apartments offers strong overall value with an 8.6 expert rating, competitive pricing, and high marks for amenities, location, quality, and trustworthiness. Residents can enjoy private balconies, spacious closets, off-street parking, and central heat/air, along with easy access to restaurants, mixed-use spaces, and pet-focused services that support both an active social life and pet-friendly lifestyle.

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

  • Balcony
  • Central heat
  • Walk-in closet

Great for

  • Wellness
  • Pet owners
  • Social life

Floor plans

1BR/1.0BA1 bed1 bathRenovated 1 Bedroom Apartment
2BR/1.0BA2 bed1 bath760 sqftSecond month's rent free! Welcome to Your New 2 Bedroom / 1 Bath Apartment in the Heart of Midtown Memphis! This charming upstairs apartment is conveniently located near Central High School and Bellevue Middle School. With off-street parking, central heat/air, and security doors for added peace of mind, this newly painted unit with new flooring is the perfect cozy space to call home. Features of the Apartment: Spacious kitchen with gas range and refrigerator Abundance of beautiful white cabinets and stone countertops Large picture window in the living room for natural lighting Both bedrooms feature updated lighting and spacious closets Private balcony for enjoying the vibrant Midtown atmosphere Water and sewer included in rent Prime Location: This apartment is located near Baptist Hospital and the medical district, providing easy access to all the amenities Midtown Memphis has to offer. Application Information: Credit, rental history, and background checks are required Employment income must be 3x the monthly rent Don't Miss Out! Call today for your private tour or visit Broadmoorprop. com to apply. Contact Information: Broadmoor Property Management Phone: 901-276-3607 Email: ****

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Amenities for Peabody Apartments

Apartment Amenities

BalconyCentral Heat
Mini-blindsNew Floors
Newly PaintedSpacious Kitchen
Stone CountersUpstairs Apartment
Walk-in ClosetWater & Sewer Included
Water and Sewer Included

Appliances

Appliances IncludedGas Range
RangeRefrigerator

Building

Dogs OKSecurity Door

Grounds

Off-Street Parking

Other

Central Heat/central Air
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

Cat Policy

Not allowed
Building details

Property details

Units12

About Peabody Apartments

HomeApartments in MemphisAnnesdale Park Peabody Apartments

Second month's rent free! Welcome to Your New 2 Bedroom / 1 Bath Apartment in the Heart of Midtown Memphis! This charming upstairs apartment is conveniently located near Central High School and Bellevue Middle School. With off-street parking, central heat/air, and security doors for added peace of mind, this newly painted unit with new flooring is the perfect cozy space to call home. Features of the Apartment: Spacious kitchen with gas range and refrigerator Abundance of beautiful white cabinets and stone countertops Large picture window in the living room for natural lighting Both bedrooms feature updated lighting and spacious closets Private balcony for enjoying the vibrant Midtown atmosphere Water and sewer included in rent Prime Location: This apartment is located near Baptist Hospital and the medical district, providing easy access to all the amenities Midtown Memphis has to offer. Application Information: Credit, rental history, and background checks are required Employment income must be 3x the monthly rent Don't Miss Out! Call today for your private tour or visit Broadmoorprop. com to apply. Contact Information: Broadmoor Property Management Phone: 901-276-3607 Email: ****


Peabody Apartments is great for:

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • There are 15 grocery stores within 1 mile
  • 4 farmers markets or health food stores nearby

Pet owners

  • 2 pet hospitals in the area
  • 2 pet supply stores near the property

Social life

  • Areas nearby are accessible by walking
  • 99 restaurants within 1 mile of this property
  • Diverse age groups live in this area
  • 146 mixed-use spaces nearby

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 Peabody Apartments compares to other nearby properties.

Positives

Balcony
Easy access to the outdoors
Central heat
Climate controlled environment
Walk-in closet
More closet space on average

Considerations

Lacks images
Fewer than 5 photos available for this property

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1–2 Beds

$1,260–$4,400

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$1,268–$2,153

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10 S Main St

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$1,150–$1,200

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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$1,965

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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$999

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
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$1,149

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Rent trends in Annesdale Park

Median rents as of Oct 24 2026.
Annesdale Park
Memphis
A table of 1-bedroom apartment rental data trends in Memphis
MonthMedian Rent
November 2024$1,068
December 2024$1,059
January 2025$1,070
February 2025$1,035
March 2025$1,016
April 2025$996
May 2025$995
June 2025$995
July 2025$968
August 2025$989
September 2025$962
October 2025$964
November 2025$978
December 2025$970
January 2026$943
February 2026$949
March 2026$926
April 2026$900
May 2026$898
June 2026$896
July 2026$887
August 2026$893
September 2026$908
October 2026$898
A table of 1-bedroom apartment rental data trends in Annesdale Park
MonthMedian Rent
November 2024$1,100
December 2024$924
January 2025$849
February 2025$675
March 2025$681
April 2025$803
May 2025$762
January 2026$725
February 2026$695
April 2026$895
May 2026$867
August 2026$672
September 2026$759
October 2026$812

Schools near Peabody Apartments

Bruce Elementary School

581 s bellevue blvd

memphis, TN, 38104

PK, K-5Public
C

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-

Hamilton School

1478 wilson st

memphis, TN, 38106

PK, K-8Public
C-

Exceptional Children Special Placements

160 s hollywood

memphis, TN, 38112

PK, K-12Public

Alcy Elementary

1750 e alcy rd

memphis, TN, 38114

PK, K-5Public
C-
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Getting around Memphis near 1261 Peabody Ave

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

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

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1261 Peabody Ave, Memphis

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

5/10
Limited amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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