Zumper
modified
16 Hours Ago

Highlights

  • Pet Friendly
  • Hardwood floors
  • Peaceful retreat
  • Conveniently located
  • On-site laundry facilities
  • Large windows
  • Stove

Location

1896 Peabody Ave, Memphis, TN 38104, USA|Idlewild
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Contact

Management

Kismet Property Management, LLC

Leasing office

(901) 281-4441

Property Overview

Peabody Place Apartments receive a strong overall Zumper expert rating of 8.8, highlighting its excellent balance of price and value with a perfect price rating of 10. The property features hardwood floors, large windows, and is conveniently located near schools, restaurants, and recreational facilities, making it an appealing option for those valuing fitness and social engagement. Additionally, its impressive amenities rating of 9 out of 10 underscores the quality living experience offered to residents.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Peabody Place Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Peabody Place Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Dishwasher
  • Outdoor space

Great for

  • Wellness
  • Pet owners
  • Social life

Floor plans

1BR/1.0BA1 bed1 bath800 sqft$895 /mo1 unit availableSPECIAL!! MOVE IN TODAY AND ENJOY 1/2 OFF FIRST MONTH RENT!! Welcome to 1896 Peabody, a charming 1-bedroom, 1-bathroom apartment located in the heart of Memphis, TN. This apartment offers a range of amenities to enhance your living experience. With laundry facilities conveniently located on-site, you can say goodbye to the hassle of finding a laundromat. The apartment is vacant and ready for you to make it your own, providing a blank canvas for your personal touch. The kitchen is equipped with a dishwasher, making clean-up a breeze, and a fridge to keep your groceries fresh. Enjoy the luxury of central air and heat, ensuring your comfort throughout the year. The apartment boasts large windows, allowing natural light to flood the space and create a warm and inviting atmosphere. Step out onto the balcony and take in the courtyard view, providing a peaceful retreat from the hustle and bustle of the city. Cable-ready, this apartment allows for easy installation of your preferred entertainment options. Hardwood floors add a touch of elegance to the space, while the disposal and stove provide convenience in your daily routine. Pets are welcome, so you can bring your furry friend along to enjoy your new home. Don't miss out on the opportunity to call 1896 Peabody #16 your own, with its desirable location and array of amenities, it's the perfect place to call home in Memphis, TN. Call our agent at 901-281-4441 or our offices at 901-272-8658 to schedule an appointment. please take a look at www kismetproperties com for additional properties.

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Amenities for Peabody Place Apartments

Apartment Amenities

Air ConditioningBalcony
Hardwood FloorHardwoods
Vacant

Appliances

DishwasherGarbage Disposal
RefrigeratorStove and Fridge

Tech

Cable Ready

Building

Cats OKDogs OK

Services

Laundy on Site
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

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units16
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About Peabody Place Apartments

HomeApartments in MemphisIdlewild Peabody Place Apartments

SPECIAL!! MOVE IN TODAY AND ENJOY 1/2 OFF FIRST MONTH RENT!! Welcome to 1896 Peabody, a charming 1-bedroom, 1-bathroom apartment located in the heart of Memphis, TN. This apartment offers a range of amenities to enhance your living experience. With laundry facilities conveniently located on-site, you can say goodbye to the hassle of finding a laundromat. The apartment is vacant and ready for you to make it your own, providing a blank canvas for your personal touch. The kitchen is equipped with a dishwasher, making clean-up a breeze, and a fridge to keep your groceries fresh. Enjoy the luxury of central air and heat, ensuring your comfort throughout the year. The apartment boasts large windows, allowing natural light to flood the space and create a warm and inviting atmosphere. Step out onto the balcony and take in the courtyard view, providing a peaceful retreat from the hustle and bustle of the city. Cable-ready, this apartment allows for easy installation of your preferred entertainment options. Hardwood floors add a touch of elegance to the space, while the disposal and stove provide convenience in your daily routine. Pets are welcome, so you can bring your furry friend along to enjoy your new home. Don't miss out on the opportunity to call 1896 Peabody #16 your own, with its desirable location and array of amenities, it's the perfect place to call home in Memphis, TN. Call our agent at 901-281-4441 or our offices at 901-272-8658 to schedule an appointment. please take a look at www kismetproperties com for additional properties.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Peabody Place Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Peabody Place Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Peabody Place Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Peabody Place Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Peabody Place Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Peabody Place Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Peabody Place Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Peabody Place Apartments to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Peabody Place Apartments is great for:

Wellness

  • Ample windows and natural lighting
  • On-site fitness or wellness programs
  • HVAC systems available onsite
  • 12 sports facilities (like tennis courts) nearby

Pet owners

  • Outdoor spaces are available at this property
  • 8 pet supply stores near the property
  • 4 pet hospitals in the area
  • 1 dog park within 1 mile

Social life

  • 154 restaurants within 1 mile of this property
  • 227 mixed-use spaces nearby
  • 31 local event hubs within 1 mile
  • 73 museums, art galleries, or cultural centers within 1 mile

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 Place Apartments compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
Dishwasher
Dishwasher available in kitchen
Outdoor space
Easy access to the outdoors

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Idlewild

Median rents as of Nov 8 2025.
Idlewild
Memphis
A table of 2-bedroom apartment rental data trends in Memphis
MonthMedian Rent
November 2023$995
December 2023$1,000
January 2024$1,010
February 2024$1,007
March 2024$1,003
April 2024$1,024
May 2024$1,053
June 2024$1,046
July 2024$1,081
August 2024$1,107
September 2024$1,164
October 2024$1,125
November 2024$1,150
December 2024$1,146
January 2025$1,151
February 2025$1,111
March 2025$1,107
April 2025$1,106
May 2025$1,104
June 2025$1,095
July 2025$1,091
August 2025$1,096
September 2025$1,096
October 2025$1,073
November 2025$1,050
A table of 2-bedroom apartment rental data trends in Idlewild
MonthMedian Rent
July 2024$1,443
August 2024$1,410
September 2024$1,390
November 2024$1,390
December 2024$1,390

Affordability calculator

Can I afford to live at 1896 Peabody Ave?

Bedrooms

1 bedroom

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

$35,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 1-bedroom monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.

Schools near Peabody Place Apartments

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-

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

Avon School

310 avon rd

memphis, TN, 38117

K-12Public

Shrine School

4259 forest view dr

memphis, TN, 38118

PK, K-12Public
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Internet available near Peabody Place Apartments

Neighborhood

Idlewild | Memphis, TN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 1896 Peabody Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

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

Transit

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

Points of interest for 1896 Peabody Ave, Memphis

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

3/10
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

8/10
At least one high school within a 20-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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