
Cheap Homes for Rent in Germantown, IL from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Germantown.


900 8th St

304 Estate Dr

1315 Main St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1307 Main St

1301 Main St

115 S Lawn Ave

120 W 7th St
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.
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 | $1,030 | $825 | $1,345 |
| Germantown 3 Bedroom Homes for Rent | $1,988 | $1,271 | $2,900 |
| Germantown 4 Bedroom Homes for Rent | $2,652 | $1,825 | $3,500 |
| Germantown 5 Bedroom Homes for Rent | $2,872 | $2,250 | $3,495 |
Browse Top Homes for Rent in Germantown
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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 McKay Manor priced from $548. Bouse Apartment Homes in the Metro East neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Germantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
| Bouse Apartment Homes | 1 Bedroom 1 Bath | 1BR,1BA | $845 |
| 500 E A St | 1 Bed, 1 bath | 1BR,1BA | $895 |
Best Value Apartments for Rent in Germantown, IL and Nearby
As of January 26, 2026 the best value apartment in the Germantown area is the $1.00 price per square foot 3Bd Deluxe Townhouse w/ Garage Model at BSB Apartments in the in the Metro East neighborhood starting from $1,500. The second greatest value Germantown apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,450 with a $1.16 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| BSB Apartments | 3Bd Deluxe Townhouse w/ Garage | 3BR,2BA | $1.00 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.16 |
| Storyboard on Rockwood | Rockwood B1 | 2BR,2BA | $1.13 |
| Storyboard on Park Entrance | Park Entrance B2 | 2BR,2BA | $1.15 |
| 403 Old Carlyle Rd, Unit 1 | 403 Old Carlyle Rd | 2BR,2BA | $1.21 |
| Shadow Ridge Apartments | 2 Bed Townhome | 2BR,1.5BA | $1.18 |
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR,1.5BA | $1.18 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| McKay Manor | 2 Bedroom | 2BR,1BA | $0.55 |
| Green Door Apartments | 2BR/1B | 2BR,1BA | $1.22 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 49 Apartments for Rent in Germantown, IL with pricing that ranges from $525 to $2,735. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Germantown ranging from $775 to $3,500.
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 $775 to $3,500 with an average monthly rent of $1,880.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.