Cheap Apartments for Rent in the Germantown Neighborhood of Memphis, TN from $800 (44 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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property at 2367 Forest Ave

2367 Forest Ave

MemphisTN38112

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Poplar Pines Apartments
1 to 2 Bedroom Apartments

Poplar Pines Apartments

1867 Poplar Pines DrMemphis, TN 38119
  • Utilities Included

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Cedar Ridge
2 Bedroom Apartments

Cedar Ridge

6977 Amberly Village DrCordova, TN 38018
Showing Results 1-44, 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 $829. Canterbury Woods Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here are the most affordable Germantown apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Greenbrook at Shelby FarmsSycamore1BR,1BA$829
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$920
The Willows at Shelby Farms1X1-Ash1BR,1BA$948
The View at Shelby FarmsA2 - Willow1BR,1BA$968
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$975
The Vale Apartments and TownhomesElm - 1 Bed, 1 Bath1BR,1BA$988
MAA Kirby StationTennessean1BR,1BA$1,008
Legacy on Lynnfield - NEWLY UPGRADED1x11BR,1BA$1,040
Villas at Cordova1BR 1BA 810sf1BR,1BA$1,067
Appling LakesA11BR,1BA$1,091

Best Value Apartments for Rent in Germantown, TN

As of September 09, 2025 the best value apartment in the Germantown area is the $1.31 price per square foot C1 With Den Model at The Garden District Apartments in the in the Germantown neighborhood starting from $2,353. The second greatest value Germantown apartment is the Essex - 3x2 Model at Farmington Gates starting at $1,795 with a $1.37 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 ApartmentsC1 With Den3BR,2.5BA$1.31
Farmington GatesEssex - 3x23BR,2BA$1.37
Poplar Place TownhomesLennox2BR,1.5BA$1.06
RoxburyClairmont2BR,1.5BA$1.17
Villas at Cordova1BR 1BA 883sf1BR,1BA$1.32
MAA Dexter LakeResorter1BR,1BA$1.44
The View at Shelby FarmsA2 - Willow1BR,1BA$1.21
Legacy on Lynnfield - NEWLY UPGRADED1x11BR,1BA$1.37
Greenbrook at Shelby FarmsMagnolia1BR,1BA$1.15
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$1.27

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Pet Friendly Lifestyle
Germantown, Memphis, TN

Ranked #19

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

Pet Friendliness Lifestyle Score

3.5
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 $829 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 $969 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 - NEWLY UPGRADED and starts from $1,250.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.