Peabody Place, Memphis, TN

Peabody Place Neighborhood Guide Memphis, TN

About

Peabody Place is a vibrant neighborhood located in the heart of downtown Memphis, Tennessee. It is home to the iconic Peabody Hotel, celebrated for its beautiful interior and the charming Peabody Ducks. Perfectly located, the neighborhood is just a stone's throw from Beale Street, a historic street lined with blues clubs and restaurants. Peabody Place is also conveniently situated near Interstate 40, offering easy connectivity to other parts of Memphis and beyond.

What You Will Love about peabody place, memphis, tennessee

  • The neighborhood exudes charm and history with the Peabody Hotel as its centerpiece, where tourists and locals alike come to see the famous Peabody Ducks.
  • Its proximity to Beale Street provides a myriad of entertainment options, which include lively blues clubs, delicious restaurants, and unique shops.
  • Accessibility is another draw, as the neighborhood is near Interstate 40, making it easy for commuting or exploring other parts of the city.

What’s Nearby

Peabody Place is surrounded by numerous attractions of downtown Memphis. It's just a short walk to the Mississippi River Park, perfect for outdoor lovers. Being in the center of the city, it's also close to the FedEx Forum, a major sports and concert venue, and the National Civil Rights Museum – a must visit for history buffs.

Lifestyle

The lifestyle in Peabody Place is distinctly urban with a touch of southern charm. The area is bustling with activity from shops, restaurants, and music venues, making it ideal for those who thrive in a vibrant, dynamic environment. It's an eclectic mix of history, culture, and entertainment, appealing to both residents and visitors.

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Explore the Neighborhood

There are 275 restaurants, 19 grocery stores, and 25 parks within a mile of the Peabody Place neighborhood.

  • GROCERY
    City Market Memphis

    Retail, Food and Beverage Retail, Grocery Store, Liquor Store

    0.1 miles

    99 S 2nd St

  • GROCERY
    D. Canale & Company

    Retail, Food and Beverage Retail, Grocery Store

    0.1 miles

    79 S 2nd St

  • GROCERY
    City Market Groceries & Deli

    Retail, Food and Beverage Retail, Grocery Store

    0.1 miles

    66 S Main St

  • TRANSPORTATION
    World Championship Barbecue Cooking Contest

    Business and Professional Services, Wholesaler, Retail, Warehouse or Wholesale Store, Travel and Transportation, Travel Agency

    0.2 miles

    56 S Front St

  • GROCERY
    The Market at CIMAS

    Retail, Food and Beverage Retail, Grocery Store / Supermarket

    0.2 miles

    33 Beale St

  • GROCERY
    Food Truck Thursday

    Dining and Drinking, Food Truck, Retail, Food and Beverage Retail, Grocery Store

    0.3 miles

    Court Square

Peabody Place Apartments and Rentals

68 Rental properties in Peabody Place, Memphis, TN.

  • Fielder Square property

    $960+

    Fielder Square

    Studio–3 Beds • 1–2 Baths

    424–1990 Sqft

    10+ Units Available

  • Helix at the District property

    $725+

    Helix at the District

    1–3 Beds • 1–2 Baths

    525–1400 Sqft

    1 Unit Available

  • Uptown Square property

    $795+

    Uptown Square

    Studio–3 Beds • 1–2 Baths

    460–1486 Sqft

    10+ Units Available

  • Gayoso House property

    $1,220+

    Gayoso House

    Studio–2 Beds • 1–2 Baths

    557–1151 Sqft

    10+ Units Available

  • Pembroke Square property

    $1,175+

    Pembroke Square

    Studio–2 Beds • 1–2 Baths

    460–1380 Sqft

    10+ Units Available

  • 505 Tennessee #401 property

    $1,965

    505 Tennessee #401

    1 Bed • 1 Bath

    960 Sqft

    1 Unit Available

Cost of Living

basic bar chart art
CategoryCompare to State Avg.Compare to National Avg.
housing
2.3%
17.3%
utilities
7.9%
12.6%
food
0.6%
0.2%
transportation
0.8%
11%
healthcare
2.6%
13.6%

Peabody Place Demographics

people in their homes

Peabody Place Reviews

people smiling
  • Busy Streets

    No

    Say 3 of 3 renters

  • Noise Late At Night

    No

    Say 3 of 3 renters

  • Area Has Litter

    No

    Say 3 of 3 renters

  • Mostly Older Buildings

    No

    Say 3 of 3 renters

  • Near Downtown

    Yes

    Say 3 of 3 renters

  • Nearby Parks

    Yes

    Say 3 of 3 renters

Peabody Place Transportation

walk bike and transit

Walker’s Paradise

95/100
Walk Score®
The Walk Score© measures walkability on a scale of 0-100 based on walking routes to destinations such as dining and drinking, groceries, and shopping.

Very Bikeable

84/100
Bike Score®

Peabody Place Schools

Neighborhoods Around Peabody Place

NeighborhoodStudioAvg RentAnnual Change
Harbor TownNeighborhood in Memphis, Tennessee----
Downtown MemphisNeighborhood in Memphis, Tennessee$1,206
9%
MidtownNeighborhood in Memphis, Tennessee$949
15%
Mud IslandNeighborhood in Memphis, Tennessee----
Gayoso-Peabody Historic DistrictNeighborhood in Memphis, Tennessee$1,588--
The CoreNeighborhood in Memphis, Tennessee$1,579
15%
South MainNeighborhood in Memphis, Tennessee$1,234--
Cooper YoungNeighborhood in Memphis, Tennessee----
CrosstownNeighborhood in Memphis, Tennessee----
Medical DistrictNeighborhood in Memphis, Tennessee$708--
Victorian VillageNeighborhood in Memphis, Tennessee----
UptownNeighborhood in Memphis, Tennessee$760
0%
North MemphisNeighborhood in Memphis, Tennessee$975--
South MemphisNeighborhood in Memphis, Tennessee----
Central GardensNeighborhood in Memphis, Tennessee$1,150
24%
Evergreen Historic DistrictNeighborhood in Memphis, Tennessee$800
3%
Annesdale ParkNeighborhood in Memphis, Tennessee----
RiversideNeighborhood in Memphis, Tennessee----
BinghamptonNeighborhood in Memphis, Tennessee----
College ParkNeighborhood in Memphis, Tennessee----
Vollintine - EvergreenNeighborhood in Memphis, Tennessee$975--
Winchester ParkNeighborhood in Memphis, Tennessee$999--
Hyde ParkNeighborhood in Memphis, Tennessee----
South Memphis Citizens United for ActionNeighborhood in Memphis, Tennessee----
North Mud IslandNeighborhood in Memphis, Tennessee----
Monroe AvenueNeighborhood in Memphis, Tennessee----
East ParkwayNeighborhood in Memphis, Tennessee$1,290--