Last Updated: 4 Hrs. Ago

Monthly Rent

$1,599

Beds

3

Baths

1.5

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Prices and availability subject to change without notice.

Lease Terms

Contact office for Lease Terms

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • Dogs
    • Allowed
  • Cats
    • Allowed

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

About 5166 Peg Ln

COMING SOON 8/15/2026!! Welcome to this beautifully landscaped home located in the vibrant city of Memphis, TN. This charming brick exterior house boasts three spacious bedrooms, including a primary suite with a walk-in closet, and 1.5 updated bathrooms. The home features hardwood floors throughout, adding a touch of elegance and warmth. The eat-in kitchen is a chef's dream with plenty of cabinet space for all your culinary needs. The living area is accentuated with a cozy fireplace, perfect for those chilly evenings. Step outside to a large deck overlooking a generous backyard, ideal for outdoor entertaining. The home also offers a large separate laundry room for your convenience. Additional amenities include a covered front porch, plantation blinds/shutters, and a double-wide driveway leading to a covered parking space. With off-street parking also available, parking will never be an issue. Experience the perfect blend of comfort and convenience in this Memphis gem. All Collaborate Real Estate Group, LLC residents are enrolled in the Resident Benefits Package (RBP) for $45.00/month which includes liability insurance, credit building to help boost the resident’s credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! Residents are also enrolled in Group Rate Internet (GRI) for $59.00/month which makes internet set up a breeze! More details upon application. Brick Exterior Covered Front Porch Double Wide Driveway Eat In In Kitchen Large Backyard Large Deck Large Separate Laundry Room Lots Of Cabinets In Kitchen Mature Landscaping Plantation Blind/Shutters Updated Bathrooms Walkin Closet In Primary Suite

5166 Peg Ln is located in Memphis, Tennessee in the 38117 zip code.

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Floorplan Amenities

  • Fireplace

Airport

  • Memphis International

    Drive: 20 min 12.6 mi

Commuter Rail

  • Central Station

    Drive: 21 min 11.2 mi

Universities

Parks & Recreation

  • Memphis Botanic Garden

    Drive: 9 min 4.1 mi
  • Dixon Gallery and Gardens

    Drive: 8 min 4.4 mi
  • Lichterman Nature Center

    Drive: 10 min 4.8 mi
  • Pink Palace Museum

    Drive: 10 min 4.8 mi
  • CTI 3D Theater

    Drive: 10 min 4.8 mi

Shopping Centers & Malls

Military Bases

Schools

GreatSchools Rating

Private Elementary, Middle & High School

51 Students
(901) 683-1061
Grades PK-12

GreatSchools Rating

Private Middle & High School

61 Students
(901) 682-3115
Grades 6-12

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Ratings

Walkability

NR
Not Rated

Transit

NR
Not Rated

Bikeability

NR
Not Rated
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