Cheap Apartments for Rent in Germantown, WI from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Germantown.

Montgomery Square Apartments

GARDEN TERRACE SENIOR APARTMENTS

N88W14750 Main St, Unit Menomonee Falls Studios

8626 N 106th St
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.

Mill Pond Senior Apartments - 55+

6011 W Port Ave
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.
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 | $1,354 | $675 | $3,080 |
| Germantown 1 Bedroom Apartments | $1,692 | $622 | $4,990 |
| Germantown 2 Bedroom Apartments | $1,929 | $950 | $4,965 |
| Germantown 3 Bedroom Apartments | $3,352 | $1,999 | $5,875 |
Browse Top Apartments in Germantown
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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 Old Orchard Apartments in the Mill Valley neighborhood priced from $1,050. N87W16564 Appleton Ave.(6 Unit) in the Eastern Waukesha neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Germantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Old Orchard Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
| N87W16564 Appleton Ave.(6 Unit) | 1BR/1.0BA | 1BR,1BA | $1,050 |
| Meetinghouse | One Bedroom | 1BR,1BA | $1,167 |
| 328 Prairie Meadows II - III Senior Living Apartments | 2 BD/1Bath - 50%-PM2 | 2BR,1BA | $1,195 |
| Stone Point Apartments | One Bedroom, One Bathroom | 1BR,1BA | $1,290 |
Best Value Apartments for Rent in Germantown, WI and Nearby
As of December 10, 2025 the best value apartment in the Germantown area is the $1.38 price per square foot $1500 OFF 1st Month - 2 Bed/2 Bath Townhome Model at Apple Valley Apartments and Townhomes in the in the Lilly Creek neighborhood starting from $1,715. The second greatest value Germantown apartment is the $1000 MOVE IN BONUS Model at Willow Trail starting at $1,999 with a $1.67 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. |
|---|---|---|---|
| Apple Valley Apartments and Townhomes | $1500 OFF 1st Month - 2 Bed/2 Bath Townhome | 2BR,2BA | $1.38 |
| Willow Trail | $1000 MOVE IN BONUS | 3BR,1.5BA | $1.67 |
| Cameron Heights | 2 Bedroom/2 Bath "C" | 2BR,2BA | $1.43 |
| River's Cove | W1 | 2BR,2BA | $1.64 |
| 328 Prairie Meadows II - III Senior Living Apartments | 2 Bd/1Bath - 60%-PM2-915 | 2BR,1BA | $1.41 |
| Wyndham Place Apartments | $500 move in bonus | 2BR,1BA | $1.46 |
| N87W16564 Appleton Ave.(6 Unit) | 1BR/1.0BA | 1BR,1BA | $1.24 |
| Meetinghouse | One Bedroom | 1BR,1BA | $1.65 |
| Old Orchard Apartments | 1 Bedroom | 1BR,1BA | $1.50 |
| N88W14750 Main St, Unit Menomonee Falls Studios | N88W14750 Main St | Studio ,1BA | $1.35 |
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 ArticleQuick Rent Budget Calculator
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Best Local Schools in Germantown, WI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Germantown, WI
Getting Around Germantown, WI
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,050 at Old Orchard 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 $1,195 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!







