Zumper

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

Apartment for rent
Pet friendly
Monthly rent
$895–$1,025
Beds2–3
Baths2
Sqft990–1,180
modified
5+ Days Ago

Property Overview

Modern finishes like granite countertops, updated fixtures, and central air conditioning combine with strong value for money (in the 87th percentile locally) to create an appealing, comfortable home. Pet-friendly attributes stand out, supported by hard-surface flooring plus nearby pet supply stores, hospitals, and grooming. Added conveniences include 24-hour maintenance support, an above-average photo set for previewing the space, and a grocery store within about 0.7 miles.

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
  • Images available

Great for

  • Pet owners

Highlights

  • Pet Friendly
  • central air conditioning
  • modern fixtures
  • granite countertops
  • twenty-four hour maintenance support

Units

506 Peabody Ave Edinburg, TX

New Listing

4

Our team has verified this company

2 Beds

2 Baths

$895

Listed on 04/22/2026
Listed by Magnolia Rentals
Days on market: 13
1st Month Free with 13 Month Lease 506 Peabody in Edinburg, TX is a spacious 2-bedroom, 2-bath apartment with an open floor plan and vaulted ceilings. The unit features a full kitchen with granite countertops, stove/oven, microwave and refrigerator, plus modern fixtures and tile flooring throughout. Convenience amenities include an in-unit washer and dryer, central AC, ceiling fans, covered parking and gated property access. The master bath is included, and the community offers 24/7 maintenance support. This pet-friendly residence (breed restrictions apply) is offered on a 12-month lease; tenants pay all utilities and smoking is not permitted. 12 Month Lease 24/7 Maintenance Support Central Ac Granite Countertops Modern Fixtures Pet Friendly With Breed Restriction Tile Floor

Available

3

Our team has verified this company

3 Beds

2 Baths

$1,025

Listed on 04/17/2026
Listed by Magnolia Rentals
Days on market: 18
1st Month Free with 13 Month Lease Welcome to 506 PEABODY, a stunning three-bedroom, two-bathroom apartment located in the vibrant city of Edinburg, TX. This apartment boasts a modern open floor plan, vaulted ceilings, and sleek tile flooring throughout. The kitchen is a chef's dream, equipped with a refrigerator, microwave, stove/oven, and beautiful granite countertops. The apartment also includes a washer and dryer for your convenience. The master bedroom features a private bath and all rooms are fitted with ceiling fans and central AC for your comfort. The property is pet-friendly (with breed restrictions) and offers 24/7 maintenance support for peace of mind. The gated property ensures your security and includes covered parking. Please note that the tenant is responsible for all utilities. With its modern fixtures and amenities, 506 PEABODY offers a comfortable and stylish living experience. 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
  • Assigned Parking
  • High Ceilings
  • Microwave
  • In-Unit Laundry
  • Ceiling Fan
  • 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 #4, Edinburg, TX 78539, USA

Check out 506 Peabody Ave in Edinburg, TX, a charming property consisting of 6 units with 2-3 bedroom options, ranging from 990 to 1180 square feet. Located near top-rated schools, including an A- or higher rated elementary and high school, this property offers a great location. Enjoy modern fixtures, granite countertops, and central air conditioning in each unit. Plus, take advantage of 24-hour maintenance support for added peace of mind. This pet-friendly property also features an oven and utilities for your convenience. With only long-term rentals, you can make this place your home. As an added bonus, you'll be within walking distance to a grocery store, making daily errands a breeze.

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Address details

Units6
Units available2
City
Zip code78539

506 Peabody Ave #4 is great for:

Pet owners

  • 4 pet hospitals in the area
  • Tile, vinyl or hardwood floors
  • 1 pet grooming service nearby
  • 2 pet supply stores 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
Images available
There are at least 10 photos of this address

Considerations

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

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Rent trends in Edinburg

If you decide to upgrade your space, you can expect 2-bedrooms at 506 Peabody Ave #4 to be 1% less than the average for similarly sized apartments in Edinburg.

3-bedroom apartments at 506 Peabody Ave #4 cost about 18% less than the average rent price for 3-bedroom apartments in Edinburg.

Median rents as of May 2 2026.
Edinburg
A table of studio rental data trends in Edinburg
MonthMedian Rent
May 2024$700
June 2024$800
July 2024$700
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

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

$35,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 2-bedrooms monthly rent price of $895.
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.
7 months ago$8952 bed2 bath
1 year ago$8501 bed1 bath
4 years ago$8502 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
6 years ago$8002 bed2 bath

Schools near 506 Peabody Ave #4

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

1/10
Closest supermarket further than a 30-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within a few minutes’ walk

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

3/10
Some bars within walking distance

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