
Cheap Homes for Rent near Germantown, IL from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Germantown.


1339 N County Rd

106 Lee Dr

700 W State St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

711 White Oak Dr

511 E Beckemeyer Ave

15 Deerwood Park

2 Deerwood Park
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

106 S High St
Germantown, IL Local Guide

How much does it cost to rent a home in Germantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Germantown 2 Bedroom Homes for Rent | $1,397 | $945 | $2,147 |
| Germantown 3 Bedroom Homes for Rent | $1,777 | $867 | $2,975 |
| Germantown 4 Bedroom Homes for Rent | $2,606 | $2,100 | $2,995 |
| Germantown 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
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Germantown, IL Local Guide
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Cheapest Available Germantown Apartments for Rent and Nearby
 The cheapest available apartment rental in Germantown, IL is a 2 Beds unit found at Cedars of Lebanon Apartments in the Metro East neighborhood priced from $200. McKay Manor in the Clinton County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $486. Here is today’s list of the most affordable Germantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedars of Lebanon Apartments | Two Bedroom | 2BR,1BA | $200 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $486 |
| Flax Meadow Townhomes | Two Bed | 2BR,1BA | $715 |
Best Value Apartments for Rent in Germantown, IL and Nearby
As of August 04, 2026 the best value apartment in the Germantown area is the $1.34 price per square foot Carol Ann B2 Model at Storyboard on Carol Ann in the in the O'Fallon neighborhood starting from $1,610. The second greatest value Germantown apartment is the Two Bed One Bath Model at Linwood Apartments starting at $1,000 with a $0.91 price per square foot in the Belleville neighborhood. Here is today’s list of the best values for Germantown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Carol Ann | Carol Ann B2 | 2BR,2BA | $1.34 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Statewood Manor | Duplex | 2BR,1BA | $1.32 |
| 1118 E 3rd St | 2 Beds, 1 bath | 2BR,1BA | $1.18 |
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR,1.5BA | $1.09 |
| Storyboard on Lake Christine | Lake Christine B1 | 2BR,1BA | $1.16 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Wilson Apartments | Two Bedroom - Laundry In Unit | 2BR,1BA | $1.17 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $0.66 |
| Cedars of Lebanon Apartments | Studio | Studio ,1BA | $0.44 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Germantown, IL
Frequently Asked Questions about Germantown
What type of rentals are currently available in Germantown?
There are currently 55 Apartments for Rent in Germantown, IL with pricing that ranges from $200 to $2,605. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Germantown ranging from $867 to $3,400.
What is the current price range for Rental Homes in Germantown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Germantown ranges from $867 to $3,400 with an average monthly rent of $1,834.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.