Cheap Apartments for Rent in the Germantown Neighborhood of Memphis, TN from $772 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Germantown area of Memphis.

property at 1710 Kirby Pkwy
$950 - $1,250
2 Bedroom Rentals
Available Now
Affordability

1710 Kirby Pkwy

MemphisTN38120

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property at 1710 Kirby Pky
$1,200

Total Monthly Price

Base Rent$1,200
Total Monthly Price$1,200
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

1710 Kirby Pky

MemphisTN38120
property at 6761 Whitten Pine Dr
$1,350

Total Monthly Price

Base Rent$1,350
Total Monthly Price$1,350
3 Bedroom, 2 Bath Townhome for Rent
Available Now
Affordability

6761 Whitten Pine Dr

MemphisTN38134

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Poplar Pines
1 to 2 Bedroom Apartments

Poplar Pines

1867 Poplar Pines DrMemphis, TN 38119

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property at 6297 Bronte Ave
$1,400

Total Monthly Price

Base Rent$1,400
Total Monthly Price$1,400
3 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

6297 Bronte Ave

MemphisTN38134

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Germantown, Memphis, TN Local Guide

Cheapest Available Germantown Apartments for Rent

 

The cheapest available apartment rental in the Germantown area of Memphis, TN is a 1 Bed unit found at Greenbrook at Shelby Farms priced from $772. Park Place at Shelby Farms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Germantown apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Greenbrook at Shelby FarmsMagnolia1BR,1BA$772
Park Place at Shelby Farms1Bd/1Ba Classic1BR,1BA$800
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$935
Legacy on Lynnfield - NEWLY UPGRADED1x11BR,1BA$955
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$972
The Vale Apartments and TownhomesElm - 1 Bed, 1 Bath1BR,1BA$978
MAA Kirby StationHeritage1BR,1BA$983
The Willows at Shelby Farms1X1-Ash1BR,1BA$991
The View at Shelby FarmsA1 - Willow1BR,1BA$1,015
Poplar PinesPP1BR1BA1BR,1BA$1,025

Best Value Apartments for Rent in Germantown, TN

As of September 11, 2026 the best value apartment in the Germantown area is the $1.29 price per square foot C1 With Den Model at The Garden District Apartments in the in the Germantown neighborhood starting from $2,318. The second greatest value Germantown apartment is the C1 Model at Appling Lakes starting at $1,576 with a $1.13 price per square foot in the Cordova 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 ApartmentsC1 With Den3BR,2.5BA$1.29
Appling LakesC13BR,2BA$1.13
Fairfax Manor Townhomes2 Bedroom-2.5 Bath2BR,2.5BA$1.09
Poplar Place TownhomesLennox2BR,1.5BA$1.01
The Bridges at Germantown ApartmentsB22BR,2BA$1.33
Cedar RidgeCE2B2B2BR,2BA$1.05
Poplar PinesPP1BR1BA1BR,1BA$1.28
Legacy on Lynnfield - NEWLY UPGRADED1x11BR,1BA$1.26
Greenbrook at Shelby FarmsSycamore1BR,1BA$1.07
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$1.29

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Germantown, Memphis, TN

Ranked #34

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Tennessee and customized analysis for Eastern Memphis, TN. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Germantown Apartments

What is a cheap apartment in Germantown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Germantown is under $1,025.

What is the price of a cheap apartment in Germantown?

The cheapest apartment in Germantown is Park Place at Shelby Farms which is listed at $800, while the average apartment in Germantown costs $1,343.

What types of apartments are the cheapest in Germantown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Germantown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Germantown?

Cheap apartments in Germantown have an average cost of $391 which is $952 cheaper than the average rent for all rentals in Germantown.

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.

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