
Cheap Apartments for Rent in the Overton Park East Neighborhood of Memphis, TN from $300 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in the Overton Park East area of Memphis.


University Crossings

University Gardens Manor

Springdale Creek Apartments

Kings Reserve 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.

1053 Fleece Pl

Belvedere Gardens Condominiums

Midtown Place

128 Stonewall St

Parkside Poplar Apartments

Parkway Place Apartments

The Tower at Kent

151 N Belvedere Blvd

The Gilmore Apartments
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.

2092 Jefferson Ave

Love Midtown Apartments

Stonewall Apartments

820 Maury St

Park Terrace

The Biltmore - McAlpin Apartments
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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.
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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.
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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

How much does it cost to rent an apartment in Overton Park East?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Overton Park East Studio Apartments | $1,069 | $725 | $1,756 |
Overton Park East 1 Bedroom Apartments | $1,139 | $675 | $1,899 |
Overton Park East 2 Bedroom Apartments | $1,408 | $709 | $2,260 |
Overton Park East 3 Bedroom Apartments | $1,626 | $940 | $2,467 |
Overton Park East 4 Bedroom Apartments | $2,064 | $549 | $5,859 |
Browse Apartments in this Neighborhood
There are currently 62 rentals with your search options within a 2 mile radius of the Overton Park East Neighborhood of Memphis, TN.
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Overton Park East, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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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 $549. 165 N Merton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here are the most affordable Overton Park East apartments for rent in Memphis, TN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Yugo Memphis Southern | 4 Bed, 4 Bath Classic | 4BR,4BA | $549 |
165 N Merton | 1BR/1.0BA | 1BR,1BA | $550 |
University Gardens Manor | 2x1 Classic | 2BR,1BA | $709 |
Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $725 |
Village Square | 2054 #3 | 1BR,1BA | $725 |
144 N. Belvedere | 2 BR, 1 BA | 2BR,1BA | $750 |
Belvedere Gardens Condominiums | 1x1 Bath | 1BR,1BA | $775 |
Midtown Place | St Regis Efficiency | 1BR,1BA | $783 |
The Junction | The Boxcar | 1BR,1BA | $791 |
Kings Reserve Memphis | Beale Corner Grande | 1BR,1BA | $800 |
Best Value Apartments for Rent in Overton Park East, TN
As of September 09, 2025 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Student Lofts at Brister | Entire home 4 Bedrooms 4 Baths | 1BR,1BA | $0.38 |
1468 Snowden Ave | Spacious | 2BR,1.5BA | $0.89 |
41 S McLean Blvd, Unit #3 upstairs | 41 S McLean Blvd | 2BR,2BA | $1.00 |
Stonewall Apartments | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.81 |
Park Terrace | 2 x 1 | 2BR,1BA | $1.03 |
Hollywood Square | 2BD/1BA Downstairs | 2BR,1BA | $1.00 |
1855 Poplar Ave, Unit 4 | 1855 Poplar Ave | 2BR,2BA | $1.00 |
Audubon Downs | Two Bedroom | 2BR,1BA | $0.93 |
144 N. Belvedere | 2 BR, 1 BA | 2BR,1BA | $1.00 |
Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $1.04 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOverton Park East, Memphis, TN
Ranked #10
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $800.
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 $6,720.
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 79 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 $650 which is $6,070 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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.