Cheap Homes for Rent in Germantown, TN from $900 (31 Rentals)

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

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.

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property at 1710 Kirby Pkwy

$1,195 - $1,250

2 Bedroom Rentals

Available Now

1710 Kirby Pkwy

MemphisTN38120

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Local Memphis Expert's Guide to Renting Near the City's Top Employers

Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.

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Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

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Showing Results 1-31, Page 1 of 1

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 Bowery in the Oakhaven neighborhood priced from $775. The Trails at Mt. Moriah in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $777. Here is today’s list of the most affordable Germantown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Bowery1 Bed 1 Bath Classic1BR,1BA$775
The Trails at Mt. Moriah1 bed 1 bath A1BR,1BA$777
The Park at New Castle1 Bedroom / 1 Bathroom1BR,1BA$800
The Local ApartmentsRoss - 1 Bed, 1 Bath1BR,1BA$839
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$844
The Elevation at Autumn RidgeOne Bedroom1BR,1BA$860
Edge at Lakeview1 Bedroom 1 Bathroom1BR,1BA$865
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$875
The Park at Hollyford1 Bedroom / 1 Bathroom Gold1BR,1BA$875
Hickory Grove1 Bedroom, 1 Bathroom1BR,1BA$875

Best Value Apartments for Rent in Germantown, TN

As of August 19, 2026 the best value apartment in the Germantown area is the $1.18 price per square foot Three Bedroom Model at Walnut Hill Apartments in the in the Cordova neighborhood starting from $1,622. The second greatest value Germantown apartment is the 2 Bedroom-2.5 Bath Model at Fairfax Manor Townhomes starting at $1,465 with a $1.09 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.
Walnut Hill ApartmentsThree Bedroom3BR,2BA$1.18
Fairfax Manor Townhomes2 Bedroom-2.5 Bath2BR,2.5BA$1.09
Poplar Place TownhomesLennox2BR,1.5BA$1.01
Legacy on Lynnfield - NEWLY UPGRADED3x2 Small3BR,1.5BA$1.14
The Bridges at Germantown ApartmentsB22BR,2BA$1.33
The Preserve at Forest CreekCedar Elm2BR,2BA$1.29
The RoxburyA2R1BR,1BA$1.24
MONTICELLODogwood-1 bedroom 900 SQ FT1BR,1BA$1.20
Poplar PinesPP1BR1BA1BR,1BA$1.24
Landings At Winchester1 BR/1 BA1BR,1BA$1.34

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Germantown, TN

Ranked #12

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Germantown, TN Rentals by Map

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See the most popular apartments and homes in Germantown, TN

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Frequently Asked Questions about Germantown

What type of rentals are currently available in Germantown?

There are currently 81 Apartments for Rent in Germantown, TN with pricing that ranges from $750 to $3,789. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Germantown ranging from $950 to $5,995.

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 $950 to $5,995 with an average monthly rent of $2,287.

How much are larger Three and Four Bedroom Rentals in Germantown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Germantown range from $1,210 to $3,789, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,845 and Four Bedroom Apartments start at $1,800.

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.

Helpful Local Expert Guides

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Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City

Written by: Joshua Carlucci

Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

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The Local Memphis Expert's Guide to Renting Near the Citys Top Employers

Written by: Joshua Carlucci

I'm Josh, your ApartmentHomeLiving.

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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive

Written by: Joshua Carlucci

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

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.