Cheap Apartments for Rent in the Overton Park East Neighborhood of Memphis, TN from $300 (98 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 180 Clark Pl

180 Clark Pl

MemphisTN38104

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property at 820 Maury St

820 Maury St

MemphisTN38107

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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 1 Bed unit found at 165 N Merton priced from $550. University Gardens Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $659. Here are the most affordable Overton Park East apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
165 N Merton1BR/1.0BA1BR,1BA$550
University Gardens Manor1x1 Classic1BR,1BA$659
The JunctionThe Engineer1BR,1BA$704
Springdale Creek Apartments1 Bedroom1BR,1BA$725
Village Square2054 #31BR,1BA$725
Belvedere Gardens Condominiums1x1 Bath1BR,1BA$775
144 N. Belvedere2 BR, 1 BA2BR,1BA$795
Kimbrough TowersA21BR,1BA$800
Midtown PlaceSt Regis - 1B1B1BR,1BA$806
Tillman Cove1 Bedroom 1 Bathroom1BR,1BA$839

Best Value Apartments for Rent in Overton Park East, TN

As of July 25, 2025 the best value apartment in the Overton Park East area is the $0.42 price per square foot Entire home 4 Bedrooms 4 Baths Model at Student Lofts at Brister in the in the East Memphis neighborhood starting from $775. The second greatest value Overton Park East apartment is the Spacious Model at 1468 Snowden Ave starting at $1,500 with a $0.89 price per square foot in the Midtown 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.
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.42
1468 Snowden AveSpacious2BR,1.5BA$0.89
151 N Evergreen St, Unit 151 N Evergreen151 N Evergreen St3BR,1BA$0.97
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Hollywood Square2BD/1BA Upstairs2BR,1BA$1.00
Audubon DownsTwo Bedroom2BR,1BA$0.93
High Point Apartments2B2BR,1BA$1.10
Parkside Poplar Apartments1 Bedroom1BR,1BA$1.05
144 N. Belvedere2 BR, 1 BA2BR,1BA$1.06
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Overton Park East, Memphis, TN

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $839.

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

The cheapest apartment in Overton Park East is 165 N Merton which is listed at $550, while the average apartment in Overton Park East costs $5,770.

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 80 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 $548 which is $5,222 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.

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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.

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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.

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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.

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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.