Cheap Apartments for Rent in the Overton Park East Neighborhood of Memphis, TN from $300 (68 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Overton Park East area of Memphis.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 820 Maury St

820 Maury St

MemphisTN38107

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.

close
View Me
411 Tillman St
2 Bedroom Apartments

411 Tillman St

411 Tillman StMemphis, TN 38112
close
View Me
Rehab/QCT
1 to 2 Bedroom Apartments

Rehab/QCT

3250 Guernsey AveMemphis, TN 38112
close
View Me
Addison 1 Apartments
2 Bedroom Apartments

Addison 1 Apartments

3300 Southern AveMemphis, TN 38111
  • Utilities Included
close
View Me
3335 Henry Ave
2 Bedroom Apartments

3335 Henry Ave

3335 Henry AveMemphis, TN 38122
close
View Me
2238 Howell Ave
1 to 2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108
close
View Me
Campus View
1 to 2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
  • Utilities Included
close
View Me
The Belle
Studio to 2 Bedroom Apartments

The Belle

3375 Southern AveMemphis, TN 38111
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

close
View Me
165 N Merton
1 Bedroom Apartments

165 N Merton

165 N Merton StMemphis, TN 38112
Student Housing
close
View Me
Harmony Woods
2 to 3 Bedroom Apartments

Harmony Woods

3384 Harmony CtMemphis, TN 38122
close
View Me
Serenity at Highland
Studio to 1 Bedroom Apartments

Serenity at Highland

400 S Highland StMemphis, TN 38111
Senior Living
  • Utilities Included
close
View Me
2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108
close
View Me
Eastern Heights
1 to 3 Bedroom Apartments

Eastern Heights

281 Johnson Cir WMemphis, TN 38112
close
View Me
35 N Idlewild St
Studio to 2 Bedroom Apartments

35 N Idlewild St

35 N Idlewild StMemphis, TN 38104
Corporate Housing
close
View Me
Brister Place
1 to 2 Bedroom Apartments

Brister Place

625 Brister StMemphis, TN 38111

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Overton Park East, Memphis, TN Local Guide

Cheapest Available Overton Park East Apartments for Rent

 

The cheapest available apartment rental in the Overton Park East area of Memphis, TN is a 4 Beds unit found at Yugo Memphis Southern priced from $599. Village Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here are the most affordable Overton Park East apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$599
Village Square2068 #31BR,1BA$625
University Gardens Manor2x1 Classic2BR,1BA$659
Springdale Creek Apartments1 Bedroom1BR,1BA$699
31 S McLean BlvdStudioStudio,1BA$725
Tillman Cove1-A TYPE B 70%1BR,1BA$750
Den Apartments1 BR1BR,1BA$750
144 N. Belvedere2 BR, 1 BA2BR,1BA$750
Midtown PlaceSt Regis Efficiency1BR,1BA$755
Belvedere Gardens Condominiums1x1 Bath1BR,1BA$775

Best Value Apartments for Rent in Overton Park East, TN

As of November 03, 2025 the best value apartment in the Overton Park East area is the $0.69 price per square foot 4 Bedroom Model at Barksdale Flats in the in the East Memphis neighborhood starting from $1,595. The second greatest value Overton Park East apartment is the Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister starting at $695 with a $0.38 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Overton Park East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Barksdale Flats4 Bedroom4BR,2BA$0.69
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.38
41 S McLean Blvd, Unit #3 upstairs41 S McLean Blvd2BR,2BA$0.92
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Park Terrace2 x 12BR,1BA$1.03
Hollywood Square2BD/1BA Upstairs2BR,1BA$1.00
Audubon DownsTwo Bedroom2BR,1BA$0.93
Parkside Poplar Apartments1 Bedroom1BR,1BA$1.05
144 N. Belvedere2 BR, 1 BA2BR,1BA$1.00
Springdale Creek Apartments1 Bedroom1BR,1BA$1.00

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!

Read Article
Decorative image

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Overton Park East, Memphis, TN

Ranked #8

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

This website is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across Tennessee and customized analysis for Memphis, Tennessee. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Overton Park East Apartments

What is a cheap apartment in Overton Park East?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Overton Park East is under $775.

What is the price of a cheap apartment in Overton Park East?

The cheapest apartment in Overton Park East is Village Square which is listed at $625, while the average apartment in Overton Park East costs $6,079.

What types of apartments are the cheapest in Overton Park East?

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 166 regular apartments in Overton Park East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Overton Park East?

Cheap apartments in Overton Park East have an average cost of $744 which is $5,335 cheaper than the average rent for all rentals in Overton Park East.

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.

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.