Cheap Apartments for Rent in Germantown, IL from $500 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in Germantown.

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Germantown, IL Local Guide

Cheapest Available Germantown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Germantown, IL is a 2 Beds unit found at McKay Manor priced from $548. 215 anderson lane A in the OFallon neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Germantown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor2 Bedroom2BR,1BA$548
215 anderson lane A1 BR / 1 BA1BR,1BA$825
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
Meadows at Shadow Ridge1BR/1BA1BR,1BA$900
Centralia EstatesUnit 333BR,2BA$927

Best Value Apartments for Rent in Germantown, IL and Nearby

As of September 09, 2025 the best value apartment in the Germantown area is the $1.20 price per square foot Carol Ann B1 Model at Storyboard on Carol Ann in the in the OFallon neighborhood starting from $1,650. The second greatest value Germantown apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,395 with a $1.11 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Germantown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Storyboard on Carol AnnCarol Ann B12BR,2BA$1.20
Storyboard on HaydenHayden B12BR,2.5BA$1.11
Centralia EstatesUnit 843BR,2BA$0.90
Storyboard on Park EntrancePark Entrance B22BR,2BA$1.16
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.14
BSB Apartments2 Bd Townhouse2BR,1.5BA$0.98
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
McKay Manor2 Bedroom2BR,1BA$0.55
Storyboard on RockwoodRockwood A11BR,1BA$1.16

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Getting Around Germantown, IL

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Germantown Apartments

How much is rent for a Cheap One Bedroom Germantown Apartment?

The lowest price for a Cheap One Bedroom Germantown Apartment is $825 at 215 anderson lane A.

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

Today's best deal for a Cheap Two Bedroom Apartment in Germantown is starting from $548 at McKay Manor.

What is the most affordable Germantown Three Bedroom Apartment?

The best deal on a cheap Germantown Three Bedroom Apartment rental is at McKay Manor and starts from $583.

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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.