Cheap Apartments for Rent in the Germantown Neighborhood of Memphis, TN from $700 (29 Rentals)

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

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Cedar Ridge
2 Bedroom Apartments

Cedar Ridge

6977 Amberly Village DrCordova, TN 38018
Showing Results 1-29, Page 1 of 1

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 $823. Canterbury Woods Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Germantown apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Greenbrook at Shelby FarmsSycamore1BR,1BA$823
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$910
The View at Shelby FarmsA2 - Willow1BR,1BA$938
The Willows at Shelby Farms1X1-Ash1BR,1BA$940
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$975
The Vale Apartments and TownhomesElm - 1 Bed, 1 Bath1BR,1BA$988
MAA Kirby StationLaSalle1BR,1BA$1,028
Villas at Cordova1BR 1BA 810sf1BR,1BA$1,034
Legacy on Lynnfield1x11BR,1BA$1,040
Trinity LakesPolo - 1x11BR,1BA$1,062

Best Value Apartments for Rent in Germantown, TN

As of June 11, 2025 the best value apartment in the Germantown area is the $1.39 price per square foot B1 Model at The Garden District Apartments in the in the Germantown neighborhood starting from $1,951. The second greatest value Germantown apartment is the C1 Model at The Bridges at Germantown Apartments starting at $1,899 with a $1.40 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$1.39
The Bridges at Germantown ApartmentsC13BR,2BA$1.40
MAA Dexter LakeAvanti3BR,2BA$1.37
Appling LakesB22BR,2BA$1.34
RoxburyClairmont2BR,1.5BA$1.25
Farmington GatesBarrington - 2x12BR,1BA$1.43
The View at Shelby FarmsA2 - Willow1BR,1BA$1.17
Legacy on Lynnfield1x11BR,1BA$1.37
Greenbrook at Shelby FarmsPine1BR,1BA$1.12
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$1.26

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Germantown, Memphis, TN

Ranked #14

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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 the Cheapest Studio apartment in Germantown?

Currently the most affordable Cheap Studio Apartment in Germantown is at Siegel Select Memphis listed at $1,434.

How much is rent for a Cheap One Bedroom Germantown Apartment?

The lowest price for a Cheap One Bedroom Germantown Apartment is $820 at Greenbrook at Shelby Farms.

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 $1,002 at Greenbrook at Shelby Farms.

What is the most affordable Germantown Three Bedroom Apartment?

The best deal on a cheap Germantown Three Bedroom Apartment rental is at Legacy on Lynnfield and starts from $1,450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

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