Cheap Homes for Rent in Germantown, TN from $1,100 (26 Rentals)

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

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.

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.

property at 6290 Ridge Manor Dr

$1,440

Total Monthly Price

Total Monthly Price

Base Rent
$1,429
Required Monthly Fees
$11

Total Monthly Price
$1,440

4 Bedroom, 2 Bath Rentals

Available Now

6290 Ridge Manor Dr

MemphisTN38115

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.

property at 3970 Almond Cove

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,514
Required Monthly Fees
$11

Total Monthly Price
$1,525

3 Bedroom, 2 Bath Rentals

Available Now

3970 Almond Cove

MemphisTN38115
property at 7567 Spring Morning Ct

$1,540

Total Monthly Price

Total Monthly Price

Base Rent
$1,529
Required Monthly Fees
$11

Total Monthly Price
$1,540

3 Bedroom, 2 Bath Rentals

Available Now

property at 3901 Long Creek Rd

$1,635

Total Monthly Price

Total Monthly Price

Base Rent
$1,605
Required Monthly Fees
$30

Total Monthly Price
$1,635

3 Bedroom, 2 Bath Rentals

Available May 7

3901 Long Creek Rd

MemphisTN38125

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 7261 Hollorn Ln

$1,680

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Required Monthly Fees
$30

Total Monthly Price
$1,680

3 Bedroom, 2 Bath Rentals

Available Apr 20

7261 Hollorn Ln

MemphisTN38125

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 $740. The Bowery in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $766. 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 F1BR,1BA$740
The Bowery1 Bed 1 Bath Classic1BR,1BA$766
Hickory Grove1 Bedroom, 1 Bathroom1BR,1BA$795
The Brooklyn Memphis1 Bed 1 Bath Classic1BR,1BA$797
The District ApartmentsUptown - 1 Bed, 1 Bath Studio1BR,1BA$819
The Park at New Castle1 Bedroom / 1 Bathroom Silver1BR,1BA$835
The Nova ApartmentsAsh - 1 Bed, 1 Bath1BR,1BA$857
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 April 06, 2026 the best value apartment in the Germantown area is the $1.29 price per square foot B1 Model at The Garden District Apartments in the in the Germantown neighborhood starting from $1,803. 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.
The Garden District ApartmentsB12BR,1.5BA$1.29
Fairfax Manor Townhomes2 Bedroom-2.5 Bath2BR,2.5BA$1.09
Poplar Place TownhomesLennox2BR,1.5BA$1.01
Walnut Hill ApartmentsTwo Bedroom - 22BR,2BA$1.26
The RoxburyB2R2BR,1.5BA$1.36
Legacy on Lynnfield - NEWLY UPGRADED2x22BR,2BA$1.18
MONTICELLODogwood-1 bedroom 900 SQ FT1BR,1BA$1.33
The View at Shelby FarmsA3 - Willow1BR,1BA$1.35
Ridgeway Commons Townhomes1x11BR,1BA$1.30
Landings At Winchester1 BR/1 BA1BR,1BA$1.34

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Quick 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.

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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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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 $740 to $3,843. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Germantown ranging from $1,150 to $5,950.

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 $1,150 to $5,950 with an average monthly rent of $2,621.

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 $1,250 to $3,843, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,895. Four Bedroom Single-Family rentals are also available starting from $1,440 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

decorative image for Affordable Memphis: The Best Lower Priced Neighborhoods with Character  article

Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.