Zumper

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

Apartment for rent
Pet friendly
Monthly rent
$850–$995
Beds1–3
Baths1–2
Sqft800–1,180
modified
2 Days Ago

Property Overview

Central air conditioning, modern fixtures, tile flooring, and granite countertops add to the home’s appeal. Nearby grocery access, a strong value-for-money ranking, and 26 photos make it easier to evaluate, while pet-friendly flooring and nearby pet services further support its convenience.

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
  • Walk-in closet

Great for

  • Pet owners

Highlights

  • Pet Friendly
  • central air conditioning
  • modern fixtures
  • tile flooring
  • granite countertops

Units

506 Peabody Ave Edinburg, TX

New Listing

1

Our team has verified this company

1 Bed

1 Bath

$850

Listed on 06/06/2026
Listed by Magnolia Rentals
Days on market: 2
1st Month Free with 13 Month Lease Welcome to 506 PEABODY, a modern and stylish 1-bedroom, 1-bathroom apartment located in the heart of Edinburg, TX. This apartment features an open floor plan with vaulted ceilings, a spacious walk-in closet, and ceiling fans for added comfort. The kitchen boasts granite countertops, a stove/oven, refrigerator, microwave, and modern fixtures. Enjoy the convenience of central AC, covered parking, and a private patio. This gated property is pet-friendly with breed restrictions, and includes a washer and dryer for your convenience. Tenant pays all utilities, and lawncare is included. With a 12-month lease, no smoking policy, and 24/7 maintenance support, 506 PEABODY offers the perfect blend of comfort and convenience for your next home. 12 Month Lease 24/7 Maintenance Support Central Ac Granite Countertops Modern Fixtures Pet Friendly With Breed Restrictions Tile Floor

Available

4

Our team has verified this company

2 Beds

2 Baths

$895

Listed on 04/22/2026
Listed by Magnolia Rentals
Days on market: 47
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

$995

Listed on 04/17/2026
Listed by Magnolia Rentals
Days on market: 52
1st Month Free with a 13-Month Lease Welcome to 506 Peabody in Edinburg, TX. This spacious 3-bedroom, 2-bath apartment features an open-concept layout with vaulted ceilings, tile flooring throughout, and modern finishes. The kitchen comes equipped with granite countertops, stainless steel appliances, including a refrigerator, microwave, and stove/oven, plus a full-size washer and dryer for added convenience. The primary bedroom includes a private bathroom, and every room is equipped with ceiling fans and central air conditioning. Residents enjoy covered parking, gated access, and 24/7 maintenance support. Pet friendly with breed restrictions. Tenant is responsible for all utilities. Conveniently located near shopping, dining, schools, and major roadways. Schedule your tour today. 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
  • Air Conditioning
  • Microwave
  • Assigned Parking
  • Ceiling Fan
  • Walk-In Closets
  • High Ceilings
  • In-Unit Laundry

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 #1, Edinburg, TX 78539, USA

Live at 506 Peabody Ave in Edinburg, TX, and experience the best of comfort and convenience! This intimate community consists of 6 units, offering a range of 1, 2, and 3-bedroom options, spanning from 800 to 1180 square feet. Enjoy top-notch amenities, including central air conditioning, modern fixtures, tile flooring, granite countertops, and in-unit washer and dryer. As a resident, you'll also appreciate 24-hour maintenance support and pet-friendly accommodations. Take advantage of the oven, utilities, and walk-in closet in each unit. Plus, enjoy the convenience of being within walking distance to grocery stores and near top-rated schools, including an A- or higher rated elementary and high school. With its prime location and modern amenities, this property is an excellent choice for those seeking a comfortable and hassle-free living experience.

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Address details

Units6
Units available3
City
Zip code78539

506 Peabody Ave #1 is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 4 pet hospitals in the area
  • Tile, vinyl or hardwood floors
  • 1 pet supply store 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
Walk-in closet
Rentals here may include more closet space than average

Considerations

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

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Rent trends in Edinburg

1-bedroom apartments here are priced 13% higher than 1-bedrooms in Edinburg.

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

3-bedroom apartments at 506 Peabody Ave #1 cost about 17% less than the average rent price for 3-bedroom apartments in Edinburg.

Median rents as of Jun 6 2026.
Edinburg
A table of studio rental data trends in Edinburg
MonthMedian Rent
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
June 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

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 1-bedroom monthly rent price of $850.
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.
8 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 #1

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

Explore the area around 506 Peabody Ave

H-E-B Foods Office
2502 Cornerstone Blvd
Walmart Supercenter
4101 S McColl Rd
Walmart Neighborhood Market
800 E Nolana Ave
Sprouts Farmers Market
5800 N 10th St
Universal Market
905 W Dove Ave

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