
Cheap Homes for Rent in Germantown Neighborhood of Memphis, TN from $1,000 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Germantown area of Memphis.


6683 Whispering Oak Pl

6561 Poplar Woods Cir E

1855 Poplar Woods Cir W, Unit Spacious 1BR 1BA for rent

6680 Whispering Oak Pl

6747 Quail Hollow Ct

6421 Oak Park Dr

5652 Hinton Pl
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6675 Whitten Pine Dr

1574 Beaver Trail Dr

6705 Majestic Oak Pl

1390 Greenland Rd

1116 Hunter's Lake Dr

6871 Raleigh Lagrange Rd

6699 Whispering Oak Pl

1617 Smokehouse Dr
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8349 Honey Dew Cove

1720 Ridge Oak Pl

1714 Ridge Oak Pl

1522 Beaver Trail Dr

1530 Beaver Trail Dr

6420 Saginaw Rd

5676 Quince Rd

725 Walnut Woods Cove N
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Germantown, Memphis, TN Local Guide

How much does it cost to rent a home in Germantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Germantown 2 Bedroom Homes for Rent | $1,373 | $1,100 | $1,995 |
| Germantown 3 Bedroom Homes for Rent | $1,868 | $1,235 | $2,995 |
| Germantown 4 Bedroom Homes for Rent | $2,271 | $1,735 | $3,100 |
| Germantown 5 Bedroom Homes for Rent | $2,733 | $2,205 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 3 mile radius of the Germantown Neighborhood of Memphis, TN.
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Germantown, Memphis, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenbrook at Shelby Farms | Sycamore | 1BR,1BA | $836 |
| The Willows at Shelby Farms | 1X1-Ash | 1BR,1BA | $899 |
| Arbors of Century Center | Ash - 1x1 Upgrade | 1BR,1BA | $975 |
| Ridgeway Commons Townhomes | 1x1 | 1BR,1BA | $975 |
| The Vale Apartments and Townhomes | Elm - 1 Bed, 1 Bath | 1BR,1BA | $1,010 |
Best Value Apartments for Rent in Germantown, TN
As of March 15, 2026 the best value apartment in the Germantown area is the $1.25 price per square foot C2 Model at Appling Lakes in the in the Germantown neighborhood starting from $1,897. The second greatest value Germantown apartment is the B1 Model at The Garden District Apartments starting at $1,919 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Appling Lakes | C2 | 3BR,2BA | $1.25 |
| The Garden District Apartments | B1 | 2BR,1.5BA | $1.37 |
| Fairfax Manor Townhomes | 2 Bedroom-2.5 Bath | 2BR,2.5BA | $1.09 |
| Poplar Place Townhomes | Lennox | 2BR,1.5BA | $1.01 |
| The Roxbury | B2R | 2BR,1.5BA | $1.36 |
| Legacy on Lynnfield - NEWLY UPGRADED | 2x2 | 2BR,2BA | $1.18 |
| Cordova Creek | B1 | 2BR,1BA | $1.12 |
| The View at Shelby Farms | A2 - Willow | 1BR,1BA | $1.40 |
| Greenbrook at Shelby Farms | Pine | 1BR,1BA | $1.21 |
| Ridgeway Commons Townhomes | 1x1 | 1BR,1BA | $1.30 |
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick 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.
Pet Friendly LifestyleGermantown, Memphis, TN
Ranked #31
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Germantown
What type of rentals are currently available in Germantown?
There are currently 45 Apartments for Rent in Germantown, TN with pricing that ranges from $836 to $3,745. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Germantown ranging from $1,050 to $3,100.
What is the current price range for Rental Homes in Germantown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Germantown ranges from $1,050 to $3,100 with an average monthly rent of $1,862.
How much are larger Three and Four Bedroom Rentals in Germantown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Germantown range from $1,350 to $2,711, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,235 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,735 and Four Bedroom Apartments start at $1,723.
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

Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.