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Georgian Woods
2451 Union AveMemphis, TN 38112
Cheap Apartments for Rent in the Tobey Park Neighborhood of Memphis, TN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Tobey Park area of Memphis.
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Addison Apartments III
3251 Southern AveMemphis, TN 38111
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Showing Results 1-17, 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 | $1,216 | $839 | $1,685 |
| Tobey Park 2 Bedroom Apartments | $1,324 | $695 | $2,150 |
| Tobey Park 3 Bedroom Apartments | $1,524 | $1,149 | $2,200 |
| Tobey Park 4 Bedroom Apartments | $1,579 | $1,276 | $1,766 |
Browse Apartments in this Neighborhood
There are currently 17 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. Tillman Cove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. 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 |
| Tillman Cove | 1 Bedroom 1 Bathroom | 1BR,1BA | $839 |
| Audubon Downs | Two Bedroom | 2BR,1BA | $899 |
| Georgian Woods | 2x1 | 2BR,1BA | $975 |
| Hollywood Square | 2BD/1BA Downstairs | 2BR,1BA | $995 |
Best Value Apartments for Rent in Tobey Park, TN
As of July 14, 2025 the best value apartment in the Tobey Park area is the $1.00 price per square foot 2BD/1BA Downstairs Model at Hollywood Square in the in the East Memphis neighborhood starting from $995. The second greatest value Tobey Park apartment is the Two Bedroom Model at Audubon Downs starting at $899 with a $0.93 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. |
|---|---|---|---|
| Hollywood Square | 2BD/1BA Downstairs | 2BR,1BA | $1.00 |
| Audubon Downs | Two Bedroom | 2BR,1BA | $0.93 |
| Georgian Woods | 2x1 | 2BR,1BA | $1.08 |
| 2246 Vinton Ave | Stunning | 2BR,1BA | $1.60 |
| Addison Apartments III | Addison I | 2BR,1BA | $1.35 |
| Tillman Cove | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.16 |
| Central Lofts | Madison | 1BR,1BA | $2.20 |
| 165 N Merton | 1BR/1.0BA | 1BR,1BA | $4.40 |
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Pet Friendly LifestyleTobey Park, Memphis, TN
Ranked #60
Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 165 N Merton which is listed at $550, while the average apartment in Tobey Park costs $6,560.
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 1 regular apartments in Tobey Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.