Cheap Homes for Rent in Overton Park East Neighborhood of Memphis, TN from $500 (67 Rentals)

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

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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$706
Village Square2054 #31BR,1BA$725
Springdale Creek Apartments1 Bedroom1BR,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
Parkside Poplar Apartments1 Bedroom1BR,1BA$850

Best Value Apartments for Rent in Overton Park East, TN

As of July 28, 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
Georgian Woods2x12BR,1BA$1.08
Parkside Poplar Apartments1 Bedroom1BR,1BA$1.05
144 N. Belvedere2 BR, 1 BA2BR,1BA$1.06
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04

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Frequently Asked Questions about Overton Park East

What type of rentals are currently available in Overton Park East?

There are currently 546 Apartments for Rent in Overton Park East, TN with pricing that ranges from $549 to $7,610. There are also 175 Single Family Homes for rent, Condos, and Townhome rentals currently available in Overton Park East ranging from $550 to $5,000.

What is the current price range for Rental Homes in Overton Park East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Overton Park East ranges from $550 to $5,000 with an average monthly rent of $2,054.

How much are larger Three and Four Bedroom Rentals in Overton Park East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Overton Park East range from $699 to $3,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,000. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $549.

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.