
Cheap Homes for Rent in Germantown, TN from $900 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Germantown.


6734 Quail Hollow Ct

1855 Poplar Woods Cir W, Unit Spacious 1BR 1BA for rent

Furnished Studio-Memphis - Poplar Avenue

2961 Charlestowne Pl

3724 Deer Forest Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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.

3736 Deer Crossing

6561 Poplar Woods Cir E

3833 Lucerne Dr

6702 Valley Park Dr

6699 Whispering Oak Pl

3710 Deer Forest Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

3090 S Wesley Ct

7842 Shadowland Cove

1714 Ridge Oak Pl

3902 Ross Rd

3983 Gavick Dr

3963 Gavick Dr
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.
Germantown, TN Local Guide

How much does it cost to rent a home in Germantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Germantown 2 Bedroom Homes for Rent | $1,447 | $1,195 | $2,500 |
| Germantown 3 Bedroom Homes for Rent | $1,924 | $1,195 | $3,500 |
| Germantown 4 Bedroom Homes for Rent | $2,873 | $1,595 | $10,000+ |
| Germantown 5 Bedroom Homes for Rent | $2,862 | $1,850 | $4,000 |
Browse Top Homes for Rent in Germantown
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Germantown, TN Local Guide
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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 $698. The Bowery in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $794. Here is today’s list of the most affordable Germantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Trails at Mt. Moriah | 1 bed 1 bath A | 1BR,1BA | $698 |
| The Bowery | 1 Bed 1 Bath Classic | 1BR,1BA | $794 |
| The District Apartments | Uptown - 1 Bed, 1 Bath Studio | 1BR,1BA | $799 |
| The Brooklyn Memphis | 1 Bed 1 Bath Classic | 1BR,1BA | $814 |
| The Park at New Castle | 1 Bedroom / 1 Bathroom Silver | 1BR,1BA | $835 |
Best Value Apartments for Rent in Germantown, TN
As of February 19, 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 c1 Model at The Garden District Apartments starting at $2,043 with a $1.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Poplar Place Townhomes | Fairmont | 3BR,2.5BA | $0.93 |
| The Garden District Apartments | c1 | 3BR,2.5BA | $1.28 |
| Fairfax Manor Townhomes | 2 Bedroom-2.5 Bath | 2BR,2.5BA | $1.09 |
| Bailey Creek Apartment Homes | Waterside-Renovated | 3BR,2BA | $1.26 |
| The Local Apartments | Riverdale - 2 Bed, 1 Bath | 2BR,1BA | $1.21 |
| MONTICELLO | Dogwood-1 bedroom 900 SQ FT | 1BR,1BA | $1.28 |
| The View at Shelby Farms | A2 - Willow | 1BR,1BA | $1.23 |
| Legacy on Lynnfield - NEWLY UPGRADED | 1x1 | 1BR,1BA | $1.37 |
| The Brooklyn Memphis | 1 Bed 1 Bath Renovated | 1BR,1BA | $1.37 |
| Landings At Winchester | 1 BR/1 BA | 1BR,1BA | $1.32 |
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!
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Germantown, TN Rentals by Map
See the most popular apartments and homes in Germantown, TN
Frequently Asked Questions about Germantown
What type of rentals are currently available in Germantown?
There are currently 80 Apartments for Rent in Germantown, TN with pricing that ranges from $698 to $4,398. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Germantown ranging from $925 to $15,000.
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 $925 to $15,000 with an average monthly rent of $2,023.
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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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.

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.

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.