The Apartments at Peabody Place featuring Gayoso House is located in the heart of downtown's historic block in Memphis, TN. This beautiful property offers incredible architectural details such as exquisite moldings, stained glass, soaring ceilings, original ceramic tile floors and bay windows. With over 36 floor plans, each unit is unique. These fabulous features reflect the property's original historical character as the Gayoso Hotel.
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Gayoso House by bedroom type below.
1 Bedroom
Suggested income:
$39,600
per year
Rent report
Gayoso House Rent vs. Memphis Average
Gayoso House
Memphis Average
1BR
$1,100
$1,054
$0
$400
$800
$1,200
$1,600
Gayoso House is asking 4%
more than the average 1 bedroom apartment in
Memphis.
If you upsized to an average priced Memphis 2 bedroom apartment, you would pay
14% more per month.
If you downsized to an average priced Memphis studio apartment,
you would pay 2% more per month.
Gayoso House provides 10%
less square footage than the average
Memphis 1 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Gayoso House
1BR
$1,100
$1.70
$3,300
Memphis Average
Studio
$1,071
$2.20
$3,212
1BR
$1,054
$1.50
$3,161
2BR
$1,226
$1.20
$3,677
3BR
$1,409
$1.10
$4,228
4BR
$1,688
$1.00
$5,064
Availability in Memphis
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 1,077 2BR
units on the market in Memphis. If you're looking to negotiate, this may be your best option.