Cheap Apartments for Rent in the Germantown Neighborhood of Memphis, TN from $700 (36 Rentals)

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

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MAA Kirby Station
1 to 2 Bedroom Apartments

MAA Kirby Station

6653 N Quail H...Memphis, TN 38120
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Cedar Ridge
2 Bedroom Apartments

Cedar Ridge

6977 Amberly Village DrCordova, TN 38018
Showing Results 1-36, 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 $795. The Willows at Shelby Farms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. Here are the most affordable Germantown apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Greenbrook at Shelby FarmsSycamore1BR,1BA$795
The Willows at Shelby Farms1X1-Ash1BR,1BA$890
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$910
MAA Kirby StationLaSalle1BR,1BA$944
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$975
Park's Edge at Shelby FarmsA3 - Gainsborough1BR,1BA$1,026
The Vale Apartments and TownhomesElm - 1 Bed, 1 Bath1BR,1BA$1,037
Legacy on Lynnfield1x11BR,1BA$1,040
The Edge of GermantownAscot1BR,1BA$1,080
Trinity LakesMarathon - 1x1 Medium1BR,1BA$1,109

Best Value Apartments for Rent in Germantown, TN

As of February 26, 2025 the best value apartment in the Germantown area is the $1.37 price per square foot B1 Model at The Garden District in the in the Germantown neighborhood starting from $1,920. The second greatest value Germantown apartment is the C1 Model at The Bridges at Germantown Apartments starting at $1,999 with a $1.48 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 DistrictB12BR,1.5BA$1.37
The Bridges at Germantown ApartmentsC13BR,2BA$1.48
Ridgeway Commons TownhomesTwo bedroom x 1.5 Bath2BR,1.5BA$0.98
Poplar Place TownhomesDupree2BR,1.5BA$1.05
MAA Dexter LakeResorter1BR,1BA$1.54
Cordova CreekA11BR,1BA$1.52
Legacy on Lynnfield1x11BR,1BA$1.37
Greenbrook at Shelby FarmsPine1BR,1BA$1.12
Trinity LakesMarathon - 1x1 Medium1BR,1BA$1.48
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$1.26

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Pet Friendly Lifestyle
Germantown, Memphis, TN

Ranked #27

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

Pet Friendliness Lifestyle Score

3.5
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 Siegel Select Memphis listed at $1,209.

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

The lowest price for a Cheap One Bedroom Germantown Apartment is $795 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 $946 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 and starts from $1,350.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

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If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

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When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.