39 N Merton St
MemphisTN38112
Cheap Apartments for Rent in the Tobey Park Neighborhood of Memphis, TN from $550 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Tobey Park area of Memphis.
322 Hodges St
MemphisTN38111
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Rent Specials
$750 - $9502 to 3 Bedroom Apartments Available Now
Brentwood Parc
2853 Waverly AveMemphis, TN 38111
2395 Avery Ave
MemphisTN38112
3089 Waynoka Ave
MemphisTN38111
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Rent Specials
$850 - $1,0751 to 2 Bedroom Apartments Available Now
Addison Apartments III
3251 Southern AveMemphis, TN 38111
682 Boston St, Unit 1 - 682
682 Boston St
MemphisTN38114
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Rent Specials
$854 - $8991 to 2 Bedroom Apartments Available Now
Audubon Downs
2639 Central AveMemphis, TN 38104
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.
2562 Quail Ave
MemphisTN38112
45-47 N Humes St
MemphisTN38111
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Rent Specials
$975
Total Monthly Price
Base Rent$975
Total Monthly Price$975
Merton Court
171 N Merton StMemphis, TN 38112
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$987 - $1,7611 to 4 Bedroom Apartments Available Now
Tillman Cove
2998 Tillman CvMemphis, TN 38112
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$9992 Bedroom Apartments Available Now
Georgian Woods
2451 Union AveMemphis, TN 38112
3148 Highland Park Pl
MemphisTN38111
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1 Bedroom Apartments
165 N Merton
165 N Merton StMemphis, TN 38112
3042 McAdoo Ave
MemphisTN38112
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 to 3 Bedroom Apartments
Eastern Heights
281 Johnson Cir WMemphis, TN 38112
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1 Bedroom Apartments
Merton Place
39 N MertonMemphis, TN 38112
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2 Bedroom Apartments
Addison Apartments IV
3275-3295 Southern AveMemphis, TN 38111
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1 to 3 Bedroom Apartments
Salem Manor Apartments
2270 S Parkway EMemphis, TN 38114
291 Red Oak St
MemphisTN38112
166 Eastview Dr
MemphisTN38111
4 N Holmes St
MemphisTN38111
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1 to 2 Bedroom Apartments
Madison East Apartments
2780 Madison AveMemphis, TN 38111
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.
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1 to 2 Bedroom Apartments
The Marie
160 Hayden PlMemphis, TN 38111
585 E Pkwy S
MemphisTN38104
3115 Monterrey Square
MemphisTN38111
157 Roberta Dr
MemphisTN38112
446 Buntyn St
MemphisTN38111
493 Boston St
MemphisTN38111
714 Goodwyn St
MemphisTN38111
481 Marianna St
MemphisTN38111
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.
389 Hodges St
MemphisTN38111
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2 Bedroom Apartments
Addison Apartments II
641 Southern Oaks PlMemphis, TN 38111
2234 Madison Ave
MemphisTN38104
Showing Results 1-35, Page 1 of 1
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 | $988 | $725 | $1,385 |
| Tobey Park 2 Bedroom Apartments | $1,072 | $750 | $2,550 |
| Tobey Park 3 Bedroom Apartments | $1,685 | $895 | $3,915 |
| Tobey Park 4 Bedroom Apartments | $3,165 | $1,761 | $3,901 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Tobey Park Neighborhood of Memphis, TN.
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Tobey Park, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Cheapest Available Tobey Park Apartments for Rent
The cheapest available apartment rental in the Tobey Park area of Memphis, TN is a 1 Bed unit found at 165 N Merton priced from $550. Brentwood Parc has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Tobey Park apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 165 N Merton | 1BR/1.0BA | 1BR,1BA | $550 |
| Brentwood Parc | 2 Bed/ 2 Bath | 2BR,1BA | $750 |
| Addison Apartments III | Addison 3 | 2BR,1BA | $850 |
| The Marie | 2BR/1.0BA | 2BR,1BA | $850 |
| Audubon Downs | One Bedroom | 1BR,1BA | $854 |
| Merton Court | 2 bedroom x 1 bath | 2BR,1BA | $975 |
| Georgian Woods | 2x1 | 2BR,1BA | $999 |
| 2291-2293 Madison Ave | 3 Beds, 2 Baths | 3BR,2BA | $1,855 |
Best Value Apartments for Rent in Tobey Park, TN
As of September 05, 2026 the best value apartment in the Tobey Park area is the $1.55 price per square foot 3 Beds, 2 Baths Model at 2291-2293 Madison Ave in the in the East Memphis neighborhood starting from $1,855. The second greatest value Tobey Park apartment is the 2 Bed/ 2 Bath Towhnome Model at Brentwood Parc starting at $850 with a $0.83 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Tobey Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2291-2293 Madison Ave | 3 Beds, 2 Baths | 3BR,2BA | $1.55 |
| Brentwood Parc | 2 Bed/ 2 Bath Towhnome | 2BR,2BA | $0.83 |
| Georgian Woods | 2x1 | 2BR,1BA | $1.11 |
| Merton Court | 2 bedroom x 1 bath | 2BR,1BA | $1.08 |
| The Marie | 2BR/1.0BA | 2BR,1BA | $0.97 |
| Audubon Downs | One Bedroom | 1BR,1BA | $1.01 |
| Addison Apartments III | Addison I | 2BR,1BA | $1.22 |
| 165 N Merton | 1BR/1.0BA | 1BR,1BA | $4.40 |
College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Pet Friendly LifestyleTobey Park, Memphis, TN
Ranked #52
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Tobey Park Apartments
How much is rent for a Cheap One Bedroom Tobey Park Apartment?
The lowest price for a Cheap One Bedroom Tobey Park Apartment is $550 at 165 N Merton.
What is the lowest price for a Cheap Two Bedroom Tobey Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Tobey Park is starting from $750 at Brentwood Parc.
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.
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