Cheap Apartments for Rent in the Tobey Park Neighborhood of Memphis, TN from $500 (36 Rentals)

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Cheap Apartments in the Tobey Park area of Memphis.

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165 N Merton
1 Bedroom Apartments

165 N Merton

165 N Merton StMemphis, TN 38112
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Eastern Heights
1 to 3 Bedroom Apartments

Eastern Heights

281 Johnson Cir WMemphis, TN 38112
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The Marie
2 Bedroom Apartments

The Marie

160 Hayden PlMemphis, TN 38111

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property at 2766 Union Ave

2766 Union Ave

MemphisTN38111
Showing Results 1-36, Page 1 of 1

Tobey Park, Memphis, TN Local Guide

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 Tillman Cove priced from $839. Audubon Downs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. Here are the most affordable Tobey Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Tillman Cove1 Bedroom 1 Bathroom1BR,1BA$839
Audubon DownsOne Bedroom1BR,1BA$854
Bonsai at Central GardensStudio- without Washer/DryerStudio,1BA$949
Addison Apartments IIIOne bedroom w Bonus Space2BR,1BA$995
Element at MidtownStudioStudio,1BA$1,015
Hollywood Square2BD/1BA Downstairs2BR,1BA$1,045
Den Apartments1 BR1BR,1BA$1,050
Link Apartments® Broad AveS1Studio,1BA$1,050

Best Value Apartments for Rent in Tobey Park, TN

As of May 05, 2025 the best value apartment in the Tobey Park area is the $0.77 price per square foot 994 Philadelphia St Model at 994 Philadelphia St, Unit 994 in the in the East Memphis neighborhood starting from $1,000. The second greatest value Tobey Park apartment is the 3 Bedroom 2 Bathroom Model at Tillman Cove starting at $2,200 with a $1.83 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 ListingModel NameBed/BathPrice Per Sq.Ft.
994 Philadelphia St, Unit 994994 Philadelphia St1BR,1BA$0.77
Tillman Cove3 Bedroom 2 Bathroom3BR,2BA$1.83
Hollywood Square2BD/1BA Downstairs2BR,1BA$1.05
2291 Monroe Ave, Unit 2291 Monroe Ave.2291 Monroe Ave1BR,1BA$0.89
Georgian Woods2x12BR,1BA$1.32
Audubon DownsOne Bedroom1BR,1BA$1.01
2246 Vinton AveStunning2BR,1BA$1.60
Addison Apartments IIIAddison I2BR,1BA$1.35
Greenline Apartments1BR1BR,1BA$1.42
Southern GroveOne Bedroom1BR,1BA$1.85

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Pet Friendly Lifestyle
Tobey Park, Memphis, TN

Ranked #50

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Tobey Park Apartments

What is the Cheapest Studio apartment in Tobey Park?

Currently the most affordable Cheap Studio Apartment in Tobey Park is at Bonsai at Central Gardens listed at $949.

How much is rent for a Cheap One Bedroom Tobey Park Apartment?

The lowest price for a Cheap One Bedroom Tobey Park Apartment is $839 at Tillman Cove.

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 $899 at Audubon Downs.

What is the most affordable Tobey Park Three Bedroom Apartment?

The best deal on a cheap Tobey Park Three Bedroom Apartment rental is at Highland Row Apartments and starts from $2,099.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.