2367 Forest Ave, Unit 1
2367 Forest Ave
MemphisTN38112
Cheap Homes for Rent in Germantown, TN from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Germantown.
6726 Quail Hollow Ct
MemphisTN38120
6760 Meadow Oak Pl
MemphisTN38120
1855 Poplar Woods Cir E
GermantownTN38138
6734 Quail Hollow Ct
MemphisTN38120
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$1,109Studio Apartments Available Now
Furnished Studio-Memphis - Poplar Avenue
6500 Poplar AveMemphis, TN 38119
3724 Deer Forest Dr
MemphisTN38115
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.
6564 Whitetail Ln
MemphisTN38115
6723 Majestic Oak Pl
MemphisTN38120
7266 German Creek Park
MemphisTN38125
6706-2 Majestic Oaks Pl
MemphisTN38120
2961 Charlestowne Pl
MemphisTN38115
3925 Birchshade Cove
MemphisTN38115
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$1,289Studio Apartments Available Now
Furnished Studio-Memphis - Quail Hollow
6325 N Quail Hollow RdMemphis, TN 38120
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.
6586 Poplar Woods Cir S
GermantownTN38138
1714 Ridge Oak Pl
MemphisTN38120
3708 Deer Crossing
MemphisTN38115
6622 Red Birch Dr
MemphisTN38115
6702 Valley Park Dr
MemphisTN38115
3041 McVay Trail Dr
MemphisTN38119
6571 Poplar Ave
GermantownTN38138
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.
6854 Sauterne Cove
MemphisTN38115
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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 | $1,327 | $775 | $1,750 |
| Germantown 3 Bedroom Homes for Rent | $1,820 | $1,225 | $3,500 |
| Germantown 4 Bedroom Homes for Rent | $2,765 | $1,650 | $10,000+ |
| Germantown 5 Bedroom Homes for Rent | $3,485 | $1,850 | $5,500 |
Browse Top Homes for Rent in Germantown
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Germantown, TN Local Guide
- Germantown Neighborhoods
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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 District Apartments in the Oakhaven neighborhood priced from $665. The Trails at Mt. Moriah in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Germantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The District Apartments | Uptown - 1 Bed, 1 Bath Studio | 1BR,1BA | $665 |
| The Trails at Mt. Moriah | 1 bed 1 bath F | 1BR,1BA | $700 |
| Riverdale | 1 Bed, 1 bath | 1BR,1BA | $790 |
| The Park at New Castle | 1 Bedroom / 1 Bathroom Silver | 1BR,1BA | $835 |
| The Bowery | 1 Bed 1 Bath Classic | 1BR,1BA | $838 |
Best Value Apartments for Rent in Germantown, TN
As of December 25, 2025 the best value apartment in the Germantown area is the $1.27 price per square foot c1 Model at The Garden District Apartments in the in the Germantown neighborhood starting from $2,028. The second greatest value Germantown apartment is the 2x2 - 1st Floor with Garage Model at The Westbury starting at $1,520 with a $1.23 price per square foot in the Windyke-Southwind 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. |
|---|---|---|---|
| The Garden District Apartments | c1 | 3BR,2.5BA | $1.27 |
| The Westbury | 2x2 - 1st Floor with Garage | 2BR,2BA | $1.23 |
| Poplar Place Townhomes | Dupree | 2BR,1.5BA | $1.07 |
| Roxbury | Englewood | 2BR,1.5BA | $1.31 |
| The Ellington at Kirby | 2 Bedroom 2 Bath Up | 2BR,2BA | $1.09 |
| The View at Shelby Farms | A1 - Willow | 1BR,1BA | $1.18 |
| The Franklin | A1 | 1BR,1BA | $1.29 |
| Landings At Winchester | 1 BR/1 BA | 1BR,1BA | $1.32 |
| The District Apartments | Downtown - 1Bed, 1 Bath | 1BR,1BA | $1.31 |
| Riverdale | 1 Bed, 1 bath | 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!
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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.
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.
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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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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 $665 to $3,745. There are also 137 Single Family Homes for rent, Condos, and Townhome rentals currently available in Germantown ranging from $775 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 $775 to $15,000 with an average monthly rent of $2,119.
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 $1,050 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,650 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.
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.