
Cheap Apartments for Rent in the Stateline Germantown Neighborhood of Memphis, TN from $700 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Stateline Germantown area of Memphis.


The Boulevard

The Parkway

Hickory Forest
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Autumn Ridge Apartments

Southwind Lakes Apartments

Ashland Lakes Apartments

The Franklin
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Hedgerow Apartments
Stateline Germantown, Memphis, TN Local Guide

How much does it cost to rent an apartment in Stateline Germantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Stateline Germantown Studio Apartments | $1,238 | $790 | $1,775 |
| Stateline Germantown 1 Bedroom Apartments | $985 | $805 | $1,805 |
| Stateline Germantown 2 Bedroom Apartments | $1,130 | $925 | $2,330 |
| Stateline Germantown 3 Bedroom Apartments | $1,537 | $1,075 | $2,939 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Stateline Germantown Neighborhood of Memphis, TN.
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Cheapest Available Stateline Germantown Apartments for Rent
 The cheapest available apartment rental in the Stateline Germantown area of Memphis, TN is a Studio unit found at Stone Ridge at Germantown Falls priced from $790. The Boulevard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Stateline Germantown apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Ridge at Germantown Falls | Studio | Studio,1BA | $790 |
| The Boulevard | 1 Bedroom/1 Bath Deluxe | 1BR,1BA | $850 |
| The Parkway | 1x1 Deluxe | 1BR,1BA | $850 |
Best Value Apartments for Rent in Stateline Germantown, TN
As of March 12, 2026 the best value apartment in the Stateline Germantown area is the $1.00 price per square foot Three Bedroom Two Bathroom Model at Autumn Ridge Apartments in the in the Oakhaven neighborhood starting from $1,125. The second greatest value Stateline Germantown apartment is the SW2 2x2 A Renovated Model at Southwind Lakes Apartments starting at $1,675 with a $1.54 price per square foot in the Hickory Ridge-South Riverdale neighborhood. Here is today’s list of the best values for Stateline Germantown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Autumn Ridge Apartments | Three Bedroom Two Bathroom | 3BR,2BA | $1.00 |
| Southwind Lakes Apartments | SW2 2x2 A Renovated | 2BR,2BA | $1.54 |
| Hedgerow Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.47 |
| Hickory Forest | Two Bed Flat Bottom | 2BR,1BA | $1.12 |
| Ashland Lakes Apartments | One Bedroom | 1BR,1BA | $1.15 |
| The Oliver Apartment Homes | The Madison | 1BR,1BA | $1.78 |
| The Boulevard | 1 Bedroom/1 Bath Platinum | 1BR,1BA | $1.31 |
| The Parkway | 1x1 Platinum | 1BR,1BA | $1.31 |
| The Franklin | A1 | 1BR,1BA | $1.47 |
| Stone Ridge at Germantown Falls | Studio | Studio ,1BA | $1.32 |
Frequently Asked Questions about Cheap Stateline Germantown Apartments
What is a cheap apartment in Stateline Germantown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Stateline Germantown is under $1,220.
What is the price of a cheap apartment in Stateline Germantown?
The cheapest apartment in Stateline Germantown is The Boulevard which is listed at $850, while the average apartment in Stateline Germantown costs $1,494.
What types of apartments are the cheapest in Stateline Germantown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Stateline Germantown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Stateline Germantown?
Cheap apartments in Stateline Germantown have an average cost of $292 which is $1,202 cheaper than the average rent for all rentals in Stateline Germantown.
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

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