Cheap Apartments for Rent in the Overton Park East Neighborhood of Memphis, TN from $300 (71 Rentals)

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

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University Crossings
Rent Specials
$815 - $1,075
Total Monthly Price

Total Monthly Price

Base Rent
$776 - $1,036
Required Monthly Fees
$39
Total Monthly Price
$815 - $1,075
1 to 2 Bedroom Apartments Available Now

University Crossings

3467-3469 Southern AveMemphis, TN 38111
Student Housing
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411 Tillman St
2 Bedroom Apartments

411 Tillman St

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

Rehab/QCT

3250 Guernsey AveMemphis, TN 38112
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Addison 1 Apartments
2 Bedroom Apartments

Addison 1 Apartments

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

3335 Henry Ave

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

2238 Howell Ave

2238 Howell AveMemphis, TN 38108

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Campus View
1 to 2 Bedroom Apartments

Campus View

3606 Walker AveMemphis, TN 38111
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The Belle
Studio to 2 Bedroom Apartments

The Belle

3375 Southern AveMemphis, TN 38111
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165 N Merton
1 Bedroom Apartments

165 N Merton

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

Harmony Woods

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

Serenity at Highland

400 S Highland StMemphis, TN 38111
Senior Living
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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

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

Eastern Heights

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

35 N Idlewild St

35 N Idlewild StMemphis, TN 38104
Corporate Housing

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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. Yugo Memphis Southern has the second lowest priced unit, which is a 4 Beds apartment currently listed from $599. 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
Yugo Memphis Southern4 Bed, 4 Bath Classic4BR,4BA$599
Monarch on HighlandMHLA11BR,1BA$600
Springdale Creek Apartments1 Bedroom1BR,1BA$625
University Gardens Manor2x1 Classic2BR,1BA$659
The Gilmore ApartmentsStudio Available 276sfStudio,1BA$699
Village Square2054 #11BR,1BA$715
31 S McLean BlvdStudioStudio,1BA$725
Parkside Poplar Apartments1 Bedroom1BR,1BA$795

Best Value Apartments for Rent in Overton Park East, TN

As of March 26, 2026 the best value apartment in the Overton Park East area is the $0.38 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 $695. The second greatest value Overton Park East apartment is the 4 Bedroom Model at Barksdale Flats starting at $1,500 with a $0.94 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.
Student Lofts at BristerEntire home 4 Bedrooms 4 Baths1BR,1BA$0.38
Barksdale Flats4 Bedroom4BR,2BA$0.94
Parkway Arms Apartments2 Bed 2 Bath2BR,2BA$0.93
Hollywood Square3BD/1BA Downstairs3BR,1BA$1.02
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
Urban Peddler2BR 1BA2BR,1BA$1.02
High Point Apartments2 Bedroom 1 Bathroom2BR,1BA$0.89
Audubon DownsOne Bedroom1BR,1BA$0.98
Parkside Poplar Apartments1 Bedroom1BR,1BA$0.98
Springdale Creek Apartments1 Bedroom1BR,1BA$0.89

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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.

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Pet Friendly Lifestyle
Overton Park East, Memphis, TN

Ranked #7

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 $795.

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 $6,313.

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 191 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 $615 which is $5,698 cheaper than the average rent for all rentals in Overton Park East.

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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