1162 Peabody Ave
1162 Peabody Ave,
Memphis,
TN
38104
-
Monthly Rent
$1,190
-
Bedrooms
1 bd
-
Bathrooms
1 ba
-
Square Feet
400 - 650 sq ft
Highlights
- New Construction
- Office
- Gated
Pricing & Floor Plans
Fees and Policies
Details
Lease Options
-
12 mo
Property Information
-
Built in 2025
-
12 units/3 stories
About 1162 Peabody Ave Memphis, TN 38104
Discover this stunning Studio apartment at 1162 Peabody Ave, Unit 101, situated in the heart of Memphis’s vibrant Downtown neighborhood. Tucked away in a brand-new, gated community, this residence combines modern luxury with unbeatable location. Key Features: • Sleek, open-concept floor plan designed for comfort and style. • High-end finishes including quartz countertops, LVP (luxury vinyl plank) flooring and designer touches throughout. • Fully equipped kitchen with refrigerator, microwave, stove/oven and dishwasher. • In-unit washer & dryer hookup (so no trips to the laundromat!). • Gated, assigned parking for your convenience and peace of mind. • Secure access to the building enhancing your safety and quiet enjoyment. • Prime location: steps from Downtown’s best dining, entertainment and the Medical District. We encourage you to view this property prior to applying. To schedule a viewing please call three, four, seven, three, one, four, eight. Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home. We are proud to offer: 24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most. 100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured. Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal. Rental Requirements: -Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment) -Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days) -Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.) -Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger) -Preferred to have one year or more with current employer -No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.) ***Please note that failure to supply all necessary documents at time of submission will result in automatic cancellation/denial of your application and no refund of the application fee will be given. Providing false and/or misleading information is grounds for termination of application and complete forfeiture of application fee. *** If you have any questions, give us a call at our office of three, four, seven, three, one, four, eight. Please note that the home will be rented in as-is condition.
1162 Peabody Ave is an apartment community located in Shelby County and the 38104 ZIP Code. This area is served by the Shelby County Schools attendance zone.
Contact
Community Amenities
- Laundry Facilities
- 24 Hour Access
- Walk-Up
- Gated
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
Washer/Dryer Hookup
- Washer/Dryer
- Washer/Dryer Hookup
- Air Conditioning
- Tub/Shower
- Dishwasher
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Quartz Countertops
- Office
Midtown Memphis is a sprawling district that blends suburban neighborhoods with urban amenities. Midtown’s central location is a major part of its allure for an array of renters, ranging from professionals to families. Overton Park sits on the eastern edge of Midtown, offering locals a nine-hole golf course, the Memphis Zoo, playgrounds, an art museum, and 12 acres of forest. Midtown is also home to the Medical District, where you’ll find abundant medical facilities, including a university hospital. Residents of Midtown have access to good public schools, local restaurants, and everyday conveniences. For more dining, shopping, and entertainment options (as well as job opportunities), Midtown residents travel into downtown.
Learn more about living in Midtown MemphisCompare neighborhood and city base rent averages by bedroom.
| Midtown Memphis | Memphis, TN | |
|---|---|---|
| Studio | $1,158 | $960 |
| 1 Bedroom | $1,155 | $1,041 |
| 2 Bedrooms | $1,479 | $1,077 |
| 3 Bedrooms | $2,077 | $1,292 |
- Laundry Facilities
- 24 Hour Access
- Walk-Up
- Gated
- Washer/Dryer
- Washer/Dryer Hookup
- Air Conditioning
- Tub/Shower
- Dishwasher
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Quartz Countertops
- Office
| Monday | 12am - 12am |
|---|---|
| Tuesday | 12am - 12am |
| Wednesday | 12am - 12am |
| Thursday | 12am - 12am |
| Friday | 12am - 12am |
| Saturday | 12am - 12am |
| Sunday | 12am - 12am |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 16 min | 0.9 mi | |
| Drive: | 2 min | 1.1 mi | |
| Drive: | 6 min | 2.9 mi | |
| Drive: | 7 min | 3.4 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
1162 Peabody Ave Photos
Nearby Apartments
Within 50 Miles of 1162 Peabody Ave Memphis, TN 38104
1162 Peabody Ave has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Contact this property for parking details.
1162 Peabody Ave has one-bedroom apartments renting for $1,190/mo.
1162 Peabody Ave does not allow pets, though service animals are always welcome in accordance with applicable laws.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,190 for a one-bedroom, you would need to earn about $47,600 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
1162 Peabody Ave is offering Specials for eligible applicants, with rental rates starting at $1,190.
While 1162 Peabody Ave does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
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