Cheap Apartments for Rent in Germantown, TN from $600 (49 Rentals)

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Poplar Pines Apartments
1 to 2 Bedroom Apartments

Poplar Pines Apartments

1867 Poplar Pines DrMemphis, TN 38119
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Roxbury
Studio to 3 Bedroom Apartments

Roxbury

1300 Lynnfield RdMemphis, TN 38119
Senior Living
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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 Trails at Mt. Moriah in the Oakhaven neighborhood priced from $617. The District Apartments in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. 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 A1BR,1BA$617
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$675
MAA SouthwindSpyglass1BR,1BA$798
The Park at New Castle1 Bedroom / 1 Bathroom1BR,1BA$800
The Bowery1 Bed 1 Bath Classic1BR,1BA$818
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$821
Hickory Grove1 Bedroom, 1 Bathroom1BR,1BA$850
The Elevation at Autumn RidgeOne Bedroom1BR,1BA$860
Edge at Lakeview1 Bedroom 1 Bathroom1BR,1BA$865
The Park at Hollyford1 Bedroom / 1 Bathroom Gold1BR,1BA$875

Best Value Apartments for Rent in Germantown, TN

As of February 06, 2026 the best value apartment in the Germantown area is the $0.93 price per square foot Fairmont Model at Poplar Place Townhomes in the in the Germantown neighborhood starting from $1,499. The second greatest value Germantown apartment is the 2 Bedroom-2.5 Bath Model at Fairfax Manor Townhomes starting at $1,315 with a $0.97 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.
Poplar Place TownhomesFairmont3BR,2.5BA$0.93
Fairfax Manor Townhomes2 Bedroom-2.5 Bath2BR,2.5BA$0.97
The Ellington at Kirby2 Bedroom 2 Bath Up2BR,2BA$1.34
The Nova ApartmentsOak - 2 Bed, 2 Bath2BR,2BA$1.29
The Local ApartmentsRiverdale - 2 Bed, 1 Bath2BR,1BA$1.26
MONTICELLODogwood-1 bedroom 900 SQ FT1BR,1BA$1.28
The View at Shelby FarmsA2 - Willow1BR,1BA$1.17
Legacy on Lynnfield - NEWLY UPGRADED1x11BR,1BA$1.33
Landings At Winchester1 BR/1 BA1BR,1BA$1.32
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$1.30

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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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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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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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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Explore Germantown, TN Rentals by Map

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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 $617 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 $875 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 Legacy on Lynnfield - NEWLY UPGRADED and starts from $1,350.

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

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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.