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Highlights
Pet Friendly
Location
486 High Point Ter #2, Memphis, TN 38122, USA
Tour 486 High Point Ter #2
Contact
Foundation Property Management LLC
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Amenities for 486 High Point Ter #2
Apartment Amenities
| Mirrors | Window Coverings |
Tech
| Climate Control |
Building
| Cats OK | Dogs OK |
Grounds
| Garage Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 486 High Point Ter #2
Discover this beautiful coming-soon property, proudly presented by FPM, where style meets comfort. Welcome to 486 High Point Terrace Memphis, TN 38122! Home Features: - 2 Car Garage - Hard surface flooring throughout - Bright and spacious living area - Modern kitchen with large shaker cabinets - Ask us about our Appliance package - Large fenced backyard - Heat + Air + Ventilation 486 High Point Terrace offers quick access to nearby schools, parks, popular restaurants, marketplaces, and major highways. Ready to make it yours? Visit our website now to schedule a tour or view more available properties! FPM Website: https foundationpm com rental-search
Address details
| Zip code | 38122 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Memphis
4-bedroom apartments at 486 High Point Ter #2 cost about 33% more than the average rent price for 4-bedroom apartments in Memphis.
Median rents as of May 2 2026.
Memphis
| Month | Median Rent |
|---|---|
| May 2024 | $1,695 |
| June 2024 | $1,687 |
| July 2024 | $1,688 |
| August 2024 | $1,695 |
| September 2024 | $1,695 |
| October 2024 | $1,713 |
| November 2024 | $1,734 |
| December 2024 | $1,745 |
| January 2025 | $1,783 |
| February 2025 | $1,742 |
| March 2025 | $1,754 |
| April 2025 | $1,750 |
| May 2025 | $1,743 |
| June 2025 | $1,703 |
| July 2025 | $1,697 |
| August 2025 | $1,695 |
| September 2025 | $1,702 |
| October 2025 | $1,659 |
| November 2025 | $1,664 |
| December 2025 | $1,650 |
| January 2026 | $1,650 |
| February 2026 | $1,610 |
| March 2026 | $1,611 |
| April 2026 | $1,650 |
| May 2026 | $1,650 |
Affordability calculator
Can I afford to live at 486 High Point Ter #2?
Bedrooms
4+ bedroomsRent-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
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 4-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Schools near 486 High Point Ter #2
Grahamwood Elementary School
3950 summer ave
memphis, TN, 38122
PK, K-5Public
B+
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
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Internet available near 486 High Point Ter #2
Getting around Memphis near 486 High Point Ter #2
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 486 High Point Ter #2, Memphis
Groceries
2/10
At least one supermarket within a 30-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
2/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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