Cheap Apartments for Rent in Germantown, IL from $500 (14 Rentals)

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

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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McKay Manor
2 to 3 Bedroom Apartments

McKay Manor

1 McKay Manor DrBreese, IL 62230

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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. Centralia Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $723. Here is today’s list of the most affordable Germantown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay Manor2 Bedroom2BR,1BA$548
Centralia EstatesUnit 432BR,1BA$723
215 anderson lane A1 BR / 1 BA1BR,1BA$825
Bouse Apartment Homes1 Bedroom 1 Bath1BR,1BA$845
Green Door ApartmentsSave up to $500 off Move In Costs with your EXC...1BR,1BA$1,000

Best Value Apartments for Rent in Germantown, IL and Nearby

As of July 22, 2025 the best value apartment in the Germantown area is the $0.86 price per square foot 4Bd Townhouse Deluxe Model at BSB Apartments in the in the Metro East neighborhood starting from $1,500. The second greatest value Germantown apartment is the 3 Bedroom Model at McKay Manor starting at $730 with a $0.58 price per square foot . 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.
BSB Apartments4Bd Townhouse Deluxe4BR,2BA$0.86
McKay Manor3 Bedroom3BR,2BA$0.58
Storyboard on HaydenHayden B12BR,2.5BA$1.13
Storyboard on WisteriaWisteria B32BR,2BA$1.28
Centralia EstatesUnit 873BR,2BA$0.90
Linwood ApartmentsTwo Bed One Bath2BR,1BA$0.91
Reside Here Apartments & Rentals2BR/1.5BA2BR,1.5BA$1.14
Winchester Place Apartments2 Bedroom / 2 Bath 1097 sq ft2BR,2BA$1.28
215 anderson lane A2 BR / 1 BA2BR,1BA$1.07
Storyboard on RockwoodRockwood A11BR,1BA$1.16

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Germantown, IL Rentals by Map

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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.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.