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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MAA Kirby Station
1 to 2 Bedroom Apartments

MAA Kirby Station

6653 N Quail H...Memphis, TN 38120
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Poplar Pines Apartments
1 to 2 Bedroom Apartments

Poplar Pines Apartments

1867 Poplar Pines DrMemphis, TN 38119
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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

 

The cheapest available apartment rental in Germantown, TN is a 1 Bed unit found at The District Apartments in the Oakhaven neighborhood priced from $649. The Trails at Mt. Moriah in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $746. Here is today’s list of the most affordable Germantown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$649
The Trails at Mt. Moriah1 bed 1 bath1BR,1BA$746
The Bowery1 Bed 1 Bath Classic1BR,1BA$775
Riverdale1 Bed, 1 bath1BR,1BA$790
The Park at New Castle1 Bedroom / 1 Bathroom Silver1BR,1BA$835
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$850
The Elevation at Autumn RidgeOne Bedroom1BR,1BA$860
Edge at Lakeview1 Bedroom 1 Bathroom1BR,1BA$865
Hickory Grove1 Bedroom, 1 Bathroom1BR,1BA$870
The Park at Hollyford1 Bedroom / 1 Bathroom Gold1BR,1BA$900

Best Value Apartments for Rent in Germantown, TN

As of December 08, 2025 the best value apartment in the Germantown area is the $1.09 price per square foot 4 Bedroom Gar Model at Fairfax Manor Townhomes in the in the Germantown neighborhood starting from $1,800. The second greatest value Germantown apartment is the c1 Model at The Garden District Apartments starting at $1,764 with a $1.10 price per square foot in the Germantown 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.
Fairfax Manor Townhomes4 Bedroom Gar4BR,3BA$1.09
The Garden District Apartmentsc13BR,2.5BA$1.10
Poplar Place TownhomesDupree2BR,1.5BA$1.07
RoxburyEnglewood2BR,1.5BA$1.31
The Local ApartmentsRiverdale - 2 Bed, 1 Bath2BR,1BA$1.26
The Nova ApartmentsHawthorne - 2 Bed, 2 Bath2BR,2BA$1.25
The View at Shelby FarmsA3 - Willow1BR,1BA$1.24
Landings At Winchester1 BR/1 BA1BR,1BA$1.32
The District ApartmentsDowntown - 1Bed, 1 Bath1BR,1BA$1.31
Riverdale1 Bed, 1 bath1BR,1BA$1.32

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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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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.

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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 The Villas at Germantown Apartments listed at $1,237.

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

The lowest price for a Cheap One Bedroom Germantown Apartment is $665 at The District Apartments.

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 $761 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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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.

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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!