Cheap Apartments for Rent in the Germantown Neighborhood of Memphis, TN from $800 (49 Rentals)

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

property at 5652 Hinton Pl

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Home for Rent

Available Now

5652 Hinton Pl

MemphisTN38119

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property at 1390 Greenland Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 2 Bath Home for Rent

Available Now

1390 Greenland Rd

MemphisTN38134
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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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Roxbury
Studio to 3 Bedroom Apartments

Roxbury

1300 Lynnfield RdMemphis, TN 38119
Senior Living

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Cedar Ridge
2 Bedroom Apartments

Cedar Ridge

6977 Amberly Village DrCordova, TN 38018
Showing Results 1-49, 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 $836. The Willows at Shelby Farms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Germantown apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Greenbrook at Shelby FarmsSycamore1BR,1BA$836
The Willows at Shelby Farms1X1-Ash1BR,1BA$899
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$975
Ridgeway Commons Townhomes1x11BR,1BA$975
Legacy on Lynnfield - NEWLY UPGRADED1x11BR,1BA$1,009
The Vale Apartments and TownhomesElm - 1 Bed, 1 Bath1BR,1BA$1,010
Trinity LakesPolo - 1x11BR,1BA$1,039
MAA Kirby StationLaSalle1BR,1BA$1,058
Poplar Place TownhomesDupree2BR,1BA$1,099
The View at Shelby FarmsB1 - Oak2BR,2BA$1,108

Best Value Apartments for Rent in Germantown, TN

As of March 12, 2026 the best value apartment in the Germantown area is the $1.37 price per square foot B1 Model at The Garden District Apartments in the in the Germantown neighborhood starting from $1,912. The second greatest value Germantown apartment is the 2 Bedroom-2.5 Bath Model at Fairfax Manor Townhomes starting at $1,465 with a $1.09 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$1.37
Fairfax Manor Townhomes2 Bedroom-2.5 Bath2BR,2.5BA$1.09
Appling LakesB42BR,2BA$1.24
Poplar Place TownhomesLennox2BR,1.5BA$1.01
Cordova CreekB12BR,1BA$1.14
Madison Shelby FarmsThe Riverstone1BR,1BA$1.41
The View at Shelby FarmsA2 - Willow1BR,1BA$1.39
Legacy on Lynnfield - NEWLY UPGRADED1x11BR,1BA$1.33
Greenbrook at Shelby FarmsPine1BR,1BA$1.15
Ridgeway Commons Townhomes1x11BR,1BA$1.30

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Quick 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.

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Pet Friendly Lifestyle
Germantown, Memphis, TN

Ranked #33

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 the Cheapest Studio apartment in Germantown?

Currently the most affordable Cheap Studio Apartment in Germantown is at Velo Shelby Farms listed at $1,339.

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

The lowest price for a Cheap One Bedroom Germantown Apartment is $836 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 $917 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 $1,350.

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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