Cheap Apartments for Rent in Germantown, TN from $600 (38 Rentals)

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

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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.

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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

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Poplar Pines Apartments
1 to 2 Bedroom Apartments

Poplar Pines Apartments

1867 Poplar Pines DrMemphis, TN 38119
  • Utilities Included

Cash 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.

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Germantown, TN Local Guide

Cheapest Available Germantown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Germantown, TN is a 1 Bed unit found at The Trails at Mt. Moriah in the Oakhaven neighborhood priced from $699. The Bowery in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Germantown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Trails at Mt. Moriah1 bed 1 bath F1BR,1BA$699
The Bowery1 Bed 1 Bath Classic1BR,1BA$775
Riverdale1 Bed, 1 bath1BR,1BA$790
The District ApartmentsCentral - 1 Bed, 1 Bath1BR,1BA$825
The Park at New Castle1 Bedroom / 1 Bathroom Silver1BR,1BA$835
The Park at Hollyford1 Bedroom / 1 Bathroom Gold1BR,1BA$835
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$850
The Nova ApartmentsAsh - 1 Bed, 1 Bath1BR,1BA$857
The Elevation at Autumn RidgeOne Bedroom1BR,1BA$860
Edge at Lakeview1 Bedroom 1 Bathroom1BR,1BA$865

Best Value Apartments for Rent in Germantown, TN and Nearby

As of October 24, 2025 the best value apartment in the Germantown area is the $1.16 price per square foot c1 Model at The Garden District Apartments in the in the Germantown neighborhood starting from $1,857. The second greatest value Germantown apartment is the 3x2 - 1st Floor Model at The Westbury starting at $1,662 with a $1.23 price per square foot in the Windyke-Southwind 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.
The Garden District Apartmentsc13BR,2.5BA$1.16
The Westbury3x2 - 1st Floor3BR,2BA$1.23
Poplar Place TownhomesDupree2BR,1.5BA$1.07
The Local ApartmentsRiverdale - 2 Bed, 1 Bath2BR,1BA$1.19
The View at Shelby FarmsA2 - Willow1BR,1BA$1.21
Champions Hills at Windyke1br Front/Top1BR,1BA$1.30
Legacy on Lynnfield - NEWLY UPGRADED1x11BR,1BA$1.37
The Park at Hollyford1 Bedroom / 1 Bathroom Platinum1BR,1BA$1.33
Landings At Winchester1 BR/1 BA1BR,1BA$1.32
Riverdale1 Bed, 1 bath1BR,1BA$1.32

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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The 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.

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

Explore Germantown, TN Rentals by Map

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Getting Around Germantown, TN

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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

What is the Cheapest Studio apartment in Germantown?

Currently the most affordable Cheap Studio Apartment in Germantown is at 240 Flats listed at $999.

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

The lowest price for a Cheap One Bedroom Germantown Apartment is $699 at The Trails at Mt. Moriah.

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 $727 at The Trails at Mt. Moriah.

What is the most affordable Germantown Three Bedroom Apartment?

The best deal on a cheap Germantown Three Bedroom Apartment rental is at Riverdale and starts from $1,250.

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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.