Cheap Apartments for Rent in Germantown, TN from $700 (58 Rentals)

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

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property at 2367 Forest Ave

2367 Forest Ave

MemphisTN38112

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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 $749. The Trails at Mt. Moriah in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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$749
The Trails at Mt. Moriah1 bed 1 bath1BR,1BA$750
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 Park at Hollyford1 Bedroom / 1 Bathroom Gold1BR,1BA$835
MAA SouthwindWingfoot1BR,1BA$843
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

Best Value Apartments for Rent in Germantown, TN

As of September 08, 2025 the best value apartment in the Germantown area is the $1.31 price per square foot C1 With Den Model at The Garden District Apartments in the in the Germantown neighborhood starting from $2,353. The second greatest value Germantown apartment is the Lennox Model at Poplar Place Townhomes starting at $1,375 with a $1.06 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.
The Garden District ApartmentsC1 With Den3BR,2.5BA$1.31
Poplar Place TownhomesLennox2BR,1.5BA$1.06
RoxburyClairmont2BR,1.5BA$1.17
The Ellington at Kirby2 Bedroom 2 Bath Up2BR,2BA$1.12
The Local ApartmentsRiverdale - 2 Bed, 1 Bath2BR,1BA$1.31
MAA SouthwindSeminole2BR,2BA$1.29
The View at Shelby FarmsA2 - Willow1BR,1BA$1.21
Champions Hills at WindykeOne Bed Golf Course Side1BR,1BA$1.32
Landings At Winchester1 BR/1 BA1BR,1BA$1.32
Riverdale1 Bed, 1 bath1BR,1BA$1.32

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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 listed at $1,211.

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

The lowest price for a Cheap One Bedroom Germantown Apartment is $749 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 $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 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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.