| Bayer designation | Name | Origin | Meaning |
|---|---|---|---|
| α | Markab | Arabic | the saddle of the horse |
| β | Scheat | Arabic | the leg |
| γ | Algenib | Arabic | the flank |
| ε | Enif | Arabic | nose |
| ζ | Homam | Arabic | man of high spirit |
| η | Matar | Arabic | lucky star of rain |
| θ | Baham | Arabic | the livestocks |
| μ | Sadalbari | Arabic | luck star of the splendid one |
Pegasus has an appearance resembling a grazing horse, with a large square area as its body. Due to the presence of the 4 brightest stars in the square, i.e. the 4 horses of Pegasus, this may be part of the origin of the myth of the Mares of Diomedes , one of The Twelve Labours of Heracles, together with another feature in the Zodiac sign of Aquarius, namely Aquarius itself, pouring out the waters.
The star formerly known as Delta Pegasi (labeled "Sirrah" in the map), one of the 4 stars in Pegasus' square, is now considered to be part of Andromeda, (α Andromedae) and is more usually called "Alpheratz." By moving the star, the square became a triangle attached to a stick body, thus resembling a wing. As a winged horse, Pegasus features in Greek mythology as its namesake, Pegasus.
The body of the horse consists of a quadrilateral formed by the stars α Peg, β Peg, γ Peg, and α And.
The front legs of the winged horse are formed by two crooked lines of stars, one leading from η Peg to κ Peg and the other from μ Peg to 1 Pegasi.
Another crooked line of stars from α Peg via θ Peg to ε Peg forms the neck and head; ε is the snout.