
Cheap 3 Bedroom Apartments for Rent in the Tobey Park Neighborhood of Memphis, TN from $895 (6 Rentals)


Tillman Cove

The Villas at Chickasaw
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Salem Manor Apartments

Chickasaw Place Apartments

Merton Manor Apartments
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Tobey Park, Memphis, TN Local Guide

How much does it cost to rent an apartment in Tobey Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tobey Park 1 Bedroom Apartments | $925 | $854 | $1,010 |
| Tobey Park 2 Bedroom Apartments | $1,058 | $750 | $1,850 |
Tobey Park 3 Bedroom Apartments | $1,180 | $895 | $1,550 |
Explore Memphis
Frequently Asked Questions about Cheap Tobey Park Apartments
What is the price of a cheap apartment in Tobey Park?
The cheapest apartment in Tobey Park is Brentwood Parc which is listed at $895, while the average apartment in Tobey Park costs $1,187.
What types of apartments are the cheapest in Tobey Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Tobey Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Tobey Park?
Cheap apartments in Tobey Park have an average cost of $502 which is $685 cheaper than the average rent for all rentals in Tobey Park.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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