
Cheap Apartments for Rent in Germantown, WI from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Germantown.


N114W15846 Sylvan Cir

Montgomery Square Apartments

W156N11481 Fond du Lac Ave

N88W14750 Main St, Unit Menomonee Falls Studios

GARDEN TERRACE SENIOR APARTMENTS
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.

N88W16771-W16771 Main St

Meetinghouse

Mill Pond Senior Apartments - 55+

Garden Place (55+)

N88 W14822 Main St

Meadow Lane Apartments
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.

W165N9080 Hale Ave

Trillium Terrace Apartments

4236 N 91st St

Appleton Avenue Apartments

N87W16564 Appleton Ave.(6 Unit)

5710 N 91st St
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.
Germantown, WI Local Guide

How much does it cost to rent an apartment in Germantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Germantown Studio Apartments | $1,441 | $695 | $4,725 |
| Germantown 1 Bedroom Apartments | $1,772 | $850 | $5,055 |
| Germantown 2 Bedroom Apartments | $2,112 | $1,100 | $5,880 |
| Germantown 3 Bedroom Apartments | $3,066 | $1,999 | $5,975 |
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Germantown, WI Local Guide
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Cheapest Available Germantown Apartments for Rent and Nearby
 The cheapest available apartment rental in Germantown, WI is a 1 Bed unit found at GARDEN TERRACE SENIOR APARTMENTS in the River View neighborhood priced from $757. Meetinghouse in the River View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $960. Here is today’s list of the most affordable Germantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| GARDEN TERRACE SENIOR APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $757 |
| Meetinghouse | One Bedroom | 1BR,1BA | $960 |
| N87W16564 Appleton Ave.(6 Unit) | 1BR/1.0BA | 1BR,1BA | $995 |
| Old Orchard Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
| 328 Prairie Meadows II - III Senior Living Apartments | 2 BD/1Bath - 50%-PM2 | 2BR,1BA | $1,196 |
Best Value Apartments for Rent in Germantown, WI and Nearby
As of January 24, 2026 the best value apartment in the Germantown area is the $1.67 price per square foot $1000 MOVE IN BONUS Model at Willow Trail in the in the Eastern Waukesha neighborhood starting from $1,999. The second greatest value Germantown apartment is the E1 Model at River's Cove starting at $1,950 with a $1.73 price per square foot in the Eastern Waukesha 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. |
|---|---|---|---|
| Willow Trail | $1000 MOVE IN BONUS | 3BR,1.5BA | $1.67 |
| River's Cove | E1 | 3BR,2BA | $1.73 |
| Meetinghouse | Two Bedroom | 2BR,2BA | $1.52 |
| 328 Prairie Meadows II - III Senior Living Apartments | PM3 - 2 Bd/1Bath - 60% - 928 | 2BR,1BA | $1.49 |
| W166N9108 Grand Ave, Unit 3 | W166N9108 Grand Ave | 2BR,1BA | $1.50 |
| Appleton Place | $500 OFF 1ST MONTH 2 Bed/1 Bath Ranch+W+D | 2BR,1BA | $1.82 |
| N87W16564 Appleton Ave.(6 Unit) | 1BR/1.0BA | 1BR,1BA | $1.17 |
| GARDEN TERRACE SENIOR APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $1.05 |
| Old Orchard Apartments | 1 Bedroom | 1BR,1BA | $1.50 |
| N88W14750 Main St, Unit Menomonee Falls Studios | N88W14750 Main St | Studio ,1BA | $1.39 |
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.
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.
Best Local Schools in Germantown, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Germantown, WI Rentals by Map
See the most popular apartments and homes in Germantown, WI
Frequently Asked Questions about Cheap Germantown Apartments
How much is rent for a Cheap One Bedroom Germantown Apartment?
The lowest price for a Cheap One Bedroom Germantown Apartment is $757 at GARDEN TERRACE SENIOR 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 $1,196 at 328 Prairie Meadows II - III Senior Living Apartments.
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

Finding The Best Affordable Milwaukee Neighborhoods to Rent
Written by: Tim Brown
I'm Tim, your ApartmentHomeLiving.com Local Expert for Milwaukee, Wisconsin. Growing up in the city and then just blocks outside the border, many Milwaukee neighborhoods have been home to friends and family for many years.

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.

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.