6692 Whispering Oak Pl
MemphisTN38120
Cheap Homes for Rent in Germantown Neighborhood of Memphis, TN from $1,000 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the Germantown area of Memphis.
6680 Whispering Oaks
MemphisTN38120
6680 Whispering Oak Pl
MemphisTN38120
6765 Quail Hollow Ct
MemphisTN38120
6747 Quail Hollow Ct
MemphisTN38120
6421 Oak Park Dr
MemphisTN38134
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
6699 Whispering Oak Pl
MemphisTN38120
1359 Heathcliff Dr
MemphisTN38134
1720 Ridge Oak Pl
MemphisTN38120
6705 Majestic Oak Pl
MemphisTN38120
6774 Enchanted Oak Pl, Unit 3, Unit 3
6774 Enchanted Oak Pl
MemphisTN38120
6770 Enchanted Oak Pl
MemphisTN38120
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1714 Ridge Oak Pl
MemphisTN38120
6696 Whispering Oak Pl
MemphisTN38120
1869 Poplar Woods Cir E
GermantownTN38138
7170 Charlton Way
CordovaTN38018
6633 Poplar Woods Cir E
MemphisTN38138
6337 Branderham Dr
MemphisTN38134
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
725 Walnut Woods Cove N
MemphisTN38018
6511 Patmore Rd
MemphisTN38134
6528 Baybrook Ln
MemphisTN38134
1224 Whitten Rd
MemphisTN38134
6822 Shorey Ln
CordovaTN38018
8422 Jacob Dr
MemphisTN38016
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.
6892 Gallop Dr
CordovaTN38018
8270 Glen Rock Cove
MemphisTN38016
Showing Results 1-26, Page 1 of 1
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 | $1,359 | $1,195 | $1,800 |
| Germantown 3 Bedroom Homes for Rent | $1,844 | $1,235 | $2,750 |
| Germantown 4 Bedroom Homes for Rent | $2,252 | $1,665 | $3,155 |
| Germantown 5 Bedroom Homes for Rent | $3,739 | $2,220 | $5,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 26 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 $827. The Willows at Shelby Farms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $908. 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 | $827 |
| The Willows at Shelby Farms | 1X1-Ash | 1BR,1BA | $908 |
| The View at Shelby Farms | A2 - Willow | 1BR,1BA | $974 |
| Arbors of Century Center | Ash - 1x1 Upgrade | 1BR,1BA | $975 |
| MAA Kirby Station | LaSalle | 1BR,1BA | $993 |
| The Vale Apartments and Townhomes | Bradford - 1 Bed, 1 Bath | 1BR,1BA | $995 |
| Trinity Lakes | Polo - 1x1 | 1BR,1BA | $1,039 |
| Legacy on Lynnfield - NEWLY UPGRADED | 1x1 | 1BR,1BA | $1,040 |
| Cordova Creek | A1 | 1BR,1BA | $1,063 |
| Park Place at Shelby Farms | 1Bd/1Ba Classic | 1BR,1BA | $1,082 |
Best Value Apartments for Rent in Germantown, TN
As of May 03, 2026 the best value apartment in the Germantown area is the $1.32 price per square foot c1 Model at The Garden District Apartments in the in the Germantown neighborhood starting from $2,118. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Garden District Apartments | c1 | 3BR,2.5BA | $1.32 |
| Fairfax Manor Townhomes | 2 Bedroom-2.5 Bath | 2BR,2.5BA | $1.09 |
| Farmington Gates | Essex - 3x2 | 3BR,2BA | $1.38 |
| Poplar Place Townhomes | Lennox | 2BR,1.5BA | $1.01 |
| The Bridges at Germantown Apartments | A2 | 1BR,1BA | $1.39 |
| Madison Shelby Farms | The Riverstone | 1BR,1BA | $1.41 |
| The View at Shelby Farms | A3 - Willow | 1BR,1BA | $1.24 |
| Cordova Creek | A1 | 1BR,1BA | $1.36 |
| Legacy on Lynnfield - NEWLY UPGRADED | 1x1 | 1BR,1BA | $1.37 |
| Greenbrook at Shelby Farms | Pine | 1BR,1BA | $1.15 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleCollege Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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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 $827 to $3,745. There are also 134 Single Family Homes for rent, Condos, and Townhome rentals currently available in Germantown ranging from $1,075 to $5,950.
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 $1,075 to $5,950 with an average monthly rent of $2,053.
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 $1,409 to $2,711, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,235 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,665 and Four Bedroom Apartments start at $1,800.
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.