Updated 5+ Days Ago
Location
45 Diana St, Memphis, TN 38104, USA
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Property Overview
Flats on Overton offers a strong overall renter experience, with a 7.4/10 expert rating, solid value, standout amenities, and a highly convenient location. It also stands out for nearby schools and a lively neighborhood setting with abundant cultural venues, mixed-use spaces, and restaurants, alongside a diverse mix of age groups in the area.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby
Great for
Social life
Floor plans
| Flats at Overton - 205 | Studio | 1 bath | 650 sqft | $1,395 /mo | 1 unit available | ||
| Flats at Overton - 101 | 1 bed | 1 bath | 750 sqft | $1,595 /mo | 1 unit available |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 2 |
|---|
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About Flats on Overton
Flats on Overton cost $1,395–$1,595 per month. Located at 45 Diana St, Memphis, TN 38104, USA, Flats on Overton has studio — 1 bedroom units available. Based on the average rent price of 1 bedroom in Memphis, renting an apartment at Flats on Overton is 74% more expensive per month.Other apartment buildings in or around Memphis include but are not limited to: 2038 Southern Ave
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.4
/10
Very GoodFlats on Overton is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·7A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
While the monthly rent is more than the median price per bedroom of nearby properties, Flats on Overton has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Flats on Overton is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Flats on Overton is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Flats on Overton does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Flats on Overton provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Reviews from the web
Showing 1 highest rated
I absolutely loved living here!! The location is perfect. It’s just a walk to overton square with amazing bars and restaurants! The property manager and staff are very responsive and helpful. The parking lot is gated, which provided extra security and peace of mind. The units are modern and beautiful, and it’s never loud in the building. Bonus: each unit comes with its own balcony!! I couldn’t have asked for a better first apartment experience. Thank you left field properties!!
Natalie Wakelin
Jan 12, 2023
We’re sharing just 1 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
Flats on Overton is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Flats on Overton compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 0.5 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Memphis
Studio apartments at Flats on Overton cost about 27% more than the average rent price for studios in Memphis.
1-bedroom apartments here are priced 74% higher than 1-bedrooms in Memphis.
Median rents as of Sep 12 2026.
Memphis
| Month | Median Rent |
|---|---|
| September 2024 | $1,193 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $904 |
| January 2026 | $858 |
| February 2026 | $1,202 |
| March 2026 | $1,203 |
| April 2026 | $1,193 |
| May 2026 | $1,187 |
| June 2026 | $1,204 |
| July 2026 | $1,185 |
| August 2026 | $1,116 |
| September 2026 | $1,101 |
Affordability calculator
Can I afford to live at 45 Diana St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$55,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this studio monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.
Schools near Flats on Overton
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
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Internet available near Flats on Overton
Getting around Memphis near 45 Diana St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 45 Diana St, Memphis
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
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