2603 Carnes Ave
MemphisTN38114
Cheap Homes for Rent in Tobey Park Neighborhood of Memphis, TN from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Tobey Park area of Memphis.
3089 Waynoka Ave
MemphisTN38111
3235 Southern Ave
MemphisTN38111
580 Josephine St
MemphisTN38111
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$9252 Bedroom Apartments Available Now
2300 Elzey Ave
2300 Elzey AveMemphis, TN 38104
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524 S Greer St
MemphisTN38111
93 Eastview Dr
MemphisTN38111
2915 Felix Ave
MemphisTN38111
3148 Highland Park Pl
MemphisTN38111
3032 McAdoo Ave
MemphisTN38112
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Tobey Park, Memphis, TN Local Guide
How much does it cost to rent a home in Tobey Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tobey Park 2 Bedroom Homes for Rent | $1,225 | $795 | $1,800 |
| Tobey Park 3 Bedroom Homes for Rent | $1,508 | $750 | $2,195 |
| Tobey Park 4 Bedroom Homes for Rent | $1,822 | $1,365 | $2,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Tobey Park Neighborhood of Memphis, TN.
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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-A TYPE B 60% | 1BR,1BA | $839 |
| Audubon Downs | Two Bedroom | 2BR,1BA | $849 |
Best Value Apartments for Rent in Tobey Park, TN
As of March 10, 2026 the best value apartment in the Tobey Park area is the $0.93 price per square foot 2 Bed 2 Bath Model at Parkway Arms Apartments in the in the East Memphis neighborhood starting from $1,300. The second greatest value Tobey Park apartment is the 3BD/1BA Downstairs Model at Hollywood Square starting at $1,225 with a $1.02 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. |
|---|---|---|---|
| Parkway Arms Apartments | 2 Bed 2 Bath | 2BR,2BA | $0.93 |
| Hollywood Square | 3BD/1BA Downstairs | 3BR,1BA | $1.02 |
| Audubon Downs | Two Bedroom | 2BR,1BA | $0.88 |
| Georgian Woods | 2x1 | 2BR,1BA | $1.11 |
| Tillman Cove | 2-G TYPE B 60% BDC | 2BR,2BA | $2.08 |
| 165 N Merton | 1BR/1.0BA | 1BR,1BA | $4.40 |
Frequently Asked Questions about Tobey Park
What type of rentals are currently available in Tobey Park?
There are currently 91 Apartments for Rent in Tobey Park, TN with pricing that ranges from $750 to $8,473. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tobey Park ranging from $750 to $2,495.
What is the current price range for Rental Homes in Tobey Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Tobey Park ranges from $750 to $2,495 with an average monthly rent of $1,356.
How much are larger Three and Four Bedroom Rentals in Tobey Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Tobey Park range from $1,149 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,195. Four Bedroom Single-Family rentals are also available starting from $1,365 and Four Bedroom Apartments start at $1,276.
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
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I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.