Cheap Apartments for Rent in the Fox Meadows Neighborhood of Memphis, TN from $400 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fox Meadows area of Memphis.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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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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Dogwood Trace
1 to 2 Bedroom Apartments

Dogwood Trace

4635 Forest Oak WayMemphis, TN 38118
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Cherry Gardens
2 to 3 Bedroom Apartments

Cherry Gardens

4350 Dunn RdMemphis, TN 38111
  • Utilities Included
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Windsor Place
1 to 3 Bedroom Apartments

Windsor Place

5267 Knight Arnold RdMemphis, TN 38118
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Eden Pointe
1 to 2 Bedroom Apartments

Eden Pointe

3187-3194 E Danville CirMemphis, TN 38118
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Verano Townhomes
1 to 3 Bedroom Apartments

Verano Townhomes

4544 Willow Creek DrMemphis, TN 38118
  • Utilities Included

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.

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Champaign Place
1 Bedroom Apartments

Champaign Place

2715 Cherry RdMemphis, TN 38118
  • Utilities Included

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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Fox Meadows, Memphis, TN Local Guide

Cheapest Available Fox Meadows Apartments for Rent

 

The cheapest available apartment rental in the Fox Meadows area of Memphis, TN is a Studio unit found at The Residences at Lakeview priced from $581. Emerald Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here are the most affordable Fox Meadows apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
The Residences at LakeviewStudioStudio,1BA$581
Emerald Ridge1 bedroom 1 bathroom1BR,1BA$599
Emerald Park1 bedroom 1 bathroom1BR,1BA$699
Pinebrook Pointe1 Bedroom 1 bathroom1BR,1BA$699
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
Cherry Creek Apartments1 Bedroom, 1 Bath1BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$756
Cedar Run1x11BR,1BA$840
Hickory PointeOne Bedroom1BR,1BA$850
Hickory GrovePecan1BR,1BA$850

Best Value Apartments for Rent in Fox Meadows, TN

As of May 18, 2026 the best value apartment in the Fox Meadows area is the $0.75 price per square foot 4 bedroom 2.5 bathroom Model at Emerald Square in the in the Oakhaven neighborhood starting from $1,199. The second greatest value Fox Meadows apartment is the 3 bedroom 2.5 bathroom Model at Emerald Pointe starting at $1,099 with a $0.70 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Fox Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Square4 bedroom 2.5 bathroom4BR,2.5BA$0.75
Emerald Pointe3 bedroom 2.5 bathroom3BR,2.5BA$0.70
Ridgewyck Townhomes2 Bedroom2BR,2BA$0.80
Autumn Ridge ApartmentsThree Bedroom Two Bathroom3BR,2BA$0.98
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Twin Oaks2 Bedroom, 1 Bathroom2BR,1BA$0.91
Emerald Park2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Aspen Parc2 Bedroom2BR,1.5BA$0.90
Emerald Ridge2 bedroom 1 bathroom2BR,1BA$0.98
Crossings at Fox Meadows1 Bedroom, 1 Bathroom1BR,1BA$1.07

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Tennessee, including Memphis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, multifamily communities for the kids, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Fox Meadows Apartments

What is the Cheapest Studio apartment in Fox Meadows?

Currently the most affordable Cheap Studio Apartment in Fox Meadows is at The Residences at Lakeview listed at $581.

How much is rent for a Cheap One Bedroom Fox Meadows Apartment?

The lowest price for a Cheap One Bedroom Fox Meadows Apartment is $599 at Emerald Ridge.

What is the lowest price for a Cheap Two Bedroom Fox Meadows Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fox Meadows is starting from $736 at The Residences at Lakeview.

What is the most affordable Fox Meadows Three Bedroom Apartment?

The best deal on a cheap Fox Meadows Three Bedroom Apartment rental is at Cherry Creek Apartments and starts from $875.

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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.