Cheap Apartments for Rent in the Stateline Germantown Neighborhood of Memphis, TN from $700 (10 Rentals)

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

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.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Stateline Germantown, Memphis, TN Local Guide

Cheapest Available Stateline Germantown Apartments for Rent

 

The cheapest available apartment rental in the Stateline Germantown area of Memphis, TN is a 1 Bed unit found at Hickory Farms priced from $795. The Parkway 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 ListingModel NameBed/BathPriced From
Hickory Farms1 Bedroom, 1 Bathroom1BR,1BA$795
The Parkway1x1 Deluxe1BR,1BA$850
Hickory ForestTwo Bed Flat Top2BR,1BA$875

Best Value Apartments for Rent in Stateline Germantown, TN

As of June 16, 2025 the best value apartment in the Stateline Germantown area is the $1.03 price per square foot Income Restricted- 2 bed 2 bath A Model at Southwind Lakes Apartments in the in the Brooks Manor neighborhood starting from $1,121. The second greatest value Stateline Germantown apartment is the Two Bed Townhome Model at Hickory Forest starting at $1,055 with a $1.01 price per square foot in the Oakhaven neighborhood. Here is today’s list of the best values for Stateline Germantown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southwind Lakes ApartmentsIncome Restricted- 2 bed 2 bath A2BR,2BA$1.03
Hickory ForestTwo Bed Townhome2BR,2.5BA$1.01
Autumn Ridge ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1.01
Hedgerow Apartments2 Bed 2 Bath2BR,2BA$1.39
The Oliver Apartment HomesThe Heritage1BR,1BA$1.69
The Vineyard of Olive Branch Apartment Homes3021BR,1BA$1.97
The Parkway1x1 Platinum1BR,1BA$1.31
Hickory Farms1 Bedroom, 1 Bathroom1BR,1BA$1.65

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Pet Friendly Lifestyle
Stateline Germantown, Memphis, TN

Ranked #96

Among neighborhoods in Memphis, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Stateline Germantown Apartments

What is the price of a cheap apartment in Stateline Germantown?

The cheapest apartment in Stateline Germantown is Hickory Farms which is listed at $795, while the average apartment in Stateline Germantown costs $2,142.

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 3 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 $159 which is $1,983 cheaper than the average rent for all rentals in Stateline Germantown.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.