Cheap Homes for Rent in Tobey Park Neighborhood of Memphis, TN from $800 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Tobey Park area of Memphis.

property at 2766 Union Ave

2766 Union Ave

MemphisTN38111

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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 165 N Merton priced from $550. The Marie has the second lowest priced unit, which is a 2 Beds apartment currently listed from $813. Here are the most affordable Tobey Park apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
165 N Merton1BR/1.0BA1BR,1BA$550
The MarieTwo Bed2BR,1BA$813
Audubon DownsOne Bedroom1BR,1BA$854
Yugo Memphis Southern2 Bed, 2 Bath Classic2BR,2BA$899
Bonsai at Central GardensStudio- without Washer/DryerStudio,1BA$949

Best Value Apartments for Rent in Tobey Park, TN

As of April 18, 2025 the best value apartment in the Tobey Park area is the $1.10 price per square foot 2BD/1BA Downstairs Model at Hollywood Square in the in the East Memphis neighborhood starting from $1,095. The second greatest value Tobey Park apartment is the 2x1 Model at Georgian Woods starting at $1,075 with a $1.19 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.
Hollywood Square2BD/1BA Downstairs2BR,1BA$1.10
Georgian Woods2x12BR,1BA$1.19
The MarieTwo Bed2BR,1BA$0.92
Audubon DownsOne Bedroom1BR,1BA$1.01
Yugo Memphis SouthernStudioStudio ,1BA$1.39
2246 Vinton AveStunning2BR,1BA$1.85
The Melrose MidtownThe Dagny1BR,1BA$1.87
Addison Apartments IIIAddison I2BR,1BA$1.35
Central LoftsMadison1BR,1BA$2.20
Den Apartments1 BR1BR,1BA$1.91

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Frequently Asked Questions about Tobey Park

What type of rentals are currently available in Tobey Park?

There are currently 107 Apartments for Rent in Tobey Park, TN with pricing that ranges from $599 to $8,170. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tobey Park ranging from $825 to $2,450.

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 $825 to $2,450 with an average monthly rent of $1,489.

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 $789 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $599.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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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.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.