Cheap Homes for Rent in Overton Park East Neighborhood of Memphis, TN from $400 (42 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 2766 Union Ave

2766 Union Ave

MemphisTN38111

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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 University Gardens Manor priced from $659. Village Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Overton Park East apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
University Gardens Manor1x1 Classic1BR,1BA$659
Village Square2048 #21BR,1BA$695
Springdale Creek Apartments1 Bedroom1BR,1BA$725
Kimbrough TowersA21BR,1BA$775
Belvedere Gardens Condominiums1x1 Bath1BR,1BA$775
Idlewild Terrace1BR/1.0BA1BR,1BA$795
Tillman Cove1 Bedroom 1 Bathroom1BR,1BA$839
Park TerraceStudioStudio,1BA$850

Best Value Apartments for Rent in Overton Park East, TN

As of May 13, 2025 the best value apartment in the Overton Park East area is the $0.43 price per square foot 4 Bedroom 4 Bath Model at Student Lofts at Brister in the in the East Memphis neighborhood starting from $800. 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 Brister4 Bedroom 4 Bath1BR,1BA$0.43
1468 Snowden AveSpacious2BR,1.5BA$0.89
994 Philadelphia St, Unit 994994 Philadelphia St1BR,1BA$0.77
Stonewall Apartments2 Bed 1.5 Bath2BR,1.5BA$0.81
641 S Rembert St, Unit 641641 S Rembert St2BR,2BA$0.91
Hollywood Square2BD/1BA Upstairs2BR,1BA$1.00
2291 Monroe Ave, Unit 2291 Monroe Ave.2291 Monroe Ave1BR,1BA$0.89
1101 S Rembert St, Unit 11011101 S Rembert St1BR,1BA$0.83
Audubon DownsOne Bedroom1BR,1BA$1.01
Springdale Creek Apartments1 Bedroom1BR,1BA$1.04

Quick Rent Budget Calculator

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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 558 Apartments for Rent in Overton Park East, TN with pricing that ranges from $599 to $8,950. There are also 166 Single Family Homes for rent, Condos, and Townhome rentals currently available in Overton Park East ranging from $495 to $5,500.

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 $495 to $5,500 with an average monthly rent of $2,111.

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 $740 to $4,460, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,995. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $599.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.