Zumper
modified
12 Hours Ago

Highlights

  • Pet Friendly
  • Patio or balcony
  • Fully-equipped kitchen
  • Spacious living areas
  • Generous storage space

Location

3450 Fescue Ln, Memphis, TN 38115, USA
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Contact

Management

Multi-South Management

Leasing office

(901) 365-0236

Open 

8:00 am–5:00 pm CT

Property Overview

The Residence Village Green showcases an impressive overall rating of 8.4, highlighting its strong value and outstanding amenities, rated 10 out of 10. With a competitive price rating of 9 and a prime location providing access to schools and local attractions, it offers an excellent quality of life. Additionally, it is pet-friendly and conducive to remote work, while also supporting a vibrant social environment with numerous nearby amenities.

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.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, The Residence Village Green is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Residence Village Green has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • Elementary school nearby
  • More space

Great for

  • Social life
  • Work-from-home
  • Pet owners

Floor plans

1 Bedroom 1 Bathroom1 bed1 bath691 sqft$750 /mo4 units available
1 Bedroom 1 Bathroom1 bed1 bath691 sqft$805 /mo1 unit available
1 Bedroom 1 Bathroom1 bed1 bath715 sqft$825 /mo3 units available
1 Bedroom 1 Bathroom1 bed1 bath715 sqft$865 /mo3 units available
2 Bedroom 2 Bathroom2 bed2 bath1,374 sqft$950 /mo
2 Bedroom 1.5 Bathroom2 bed1.5 bath936 sqft$1,000 /mo10 units available
2 Bedroom 2 Bathroom2 bed2 bath1,374 sqft$1,100 /mo1 unit available
3 Bedroom 2 Bathroom3 bed2 bath1,165 sqft$1,250 /mo1 unit available
3 Bedroom 2 Bathroom3 bed2 bath1,165 sqft$1,300 /mo1 unit available
3 Bedroom 2 Bathroom3 bed2 bath1,574 sqft$1,350 /mo
3 Bedroom 2 Bathroom3 bed2 bath1,574 sqft$1,400 /mo

Let's explore this property.

Amenities for The Residence Village Green

Apartment Amenities

ElectricGas Utilities
Hot WaterTrash Included
Utilities/Sewer

Tech

Utilities: Broadband InternetUtilities/Cable

Building

Cats OKDogs OK

Grounds

Outdoor SpacePlayground
Swimming Pool
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

Application Fee

One-time.

$25

REQUIRED FEES

Admin Fee

One-time.

$50

Deposit

One-time. Refundable: 100%.

$750–$1,400

OPTIONAL FEES

Dog Policy

Allowed
Breed restrictionsYes

Breed restrictions apply

Cat Policy

Allowed

Cat

Pet Rent

Monthly. 2 cats max. 2 pets max per apartment 20 pounds max per pet.

Contact Property

Pet Deposit

One-time deposit per pet.

$350

Dog

Pet Rent

Monthly. 2 dogs max. 2 pets max per apartment 20 pounds max per pet.

Contact Property

Pet Deposit

One-time deposit per pet.

$350

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Units227
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About The Residence Village Green

HomeApartments in Memphis The Residence Village Green

Come visit The Residence at Village Green Apartments and find your new home today! Our community offers inviting one, two, and three bedroom apartments and townhomes. No matter which one you choose, you’ll find spacious living areas, a fully-equipped kitchen, generous storage space, and a patio or balcony, all included to make your apartment or townhome a place you’ll be excited to call home. All of our floorplans are newly-renovated and feature many great updates!


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, The Residence Village Green is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Residence Village Green has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated The Residence Village Green
Price·9A 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.
The Residence Village Green stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A 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.
The Residence Village Green stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Residence Village Green 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 The Residence Village Green 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.
The Residence Village Green 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.

The Residence Village Green is great for:

Social life

  • Areas nearby are accessible by walking
  • This community has public spaces on site, like fitness centers or pools
  • A bustling neighborhood
  • 175 mixed-use spaces nearby

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • Quiet environment with little noise pollution

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet grooming service nearby
  • 2 pet supply stores near the property

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 The Residence Village Green compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.4 mile away
Elementary school nearby
There is an elementary school 0.2 mile away
More space
The 2-bedroom is 186 sqft larger than other listings nearby

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Memphis

1-bedroom apartments here are priced 15% lower than 1-bedrooms in Memphis.

If you decide to upgrade your space, you can expect 2-bedrooms at The Residence Village Green to be 2% more than the average for similarly sized apartments in Memphis.

3-bedroom apartments at The Residence Village Green cost about 2% more than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of Feb 21 2026.
Memphis
A table of studio rental data trends in Memphis
MonthMedian Rent
March 2024$650
April 2024$705
May 2024$769
June 2024$765
July 2024$885
August 2024$1,110
September 2024$1,155
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$1,196

Affordability calculator

Can I afford to live at 3450 Fescue Ln?

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

$32,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,600 annually to afford this 1-bedroom median monthly rent price of $815.
For more information on rent affordability, visit our rent calculator.

Schools near The Residence Village Green

Ridgeway Early Learning Center

3435 3435 ridge meadow pkwy

memphis, TN, 38115

PKPublic

Winridge Elementary School

3500 ridgeway rd

memphis, TN, 38115

PK, K-5Public
C

Shrine School

4259 forest view dr

memphis, TN, 38118

PK, K-12Public

Riverdale Elementary School

7391 neshoba rd

germantown, TN, 38138

PK, K-8Public
A

Parkway Village Elementary School

3000 claudette rd

memphis, TN, 38118

PK, K-5Public
C-
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Internet available near The Residence Village Green

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 3450 Fescue Ln

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

2/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 3450 Fescue Ln, Memphis

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Variety of shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

4/10
Limited amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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