Cheap Apartments for Rent in the Germantown Neighborhood of Memphis, TN from $700 (32 Rentals)

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Cheap Apartments in the Germantown area of Memphis.

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Cedar Ridge
2 Bedroom Apartments

Cedar Ridge

6977 Amberly Village DrCordova, TN 38018
Showing Results 1-32, 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 $852. Canterbury Woods Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Germantown apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Greenbrook at Shelby FarmsSycamore1BR,1BA$852
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$910
Arbors of Century CenterAsh - 1x1 Upgrade1BR,1BA$975
The Vale Apartments and TownhomesElm - 1 Bed, 1 Bath1BR,1BA$988
The View at Shelby FarmsA1 - Willow1BR,1BA$1,003
The Willows at Shelby Farms1X1-Ash1BR,1BA$1,020
Legacy on Lynnfield1x11BR,1BA$1,040
Villas at Cordova1BR 1BA 810sf1BR,1BA$1,082
Trinity LakesPolo - 1x11BR,1BA$1,086
240 Flats1 Bedroom 1 Bathroom1BR,1BA$1,099

Best Value Apartments for Rent in Germantown, TN

As of May 04, 2025 the best value apartment in the Germantown area is the $1.43 price per square foot B1 Model at The Garden District Apartments in the in the Germantown neighborhood starting from $1,995. The second greatest value Germantown apartment is the C2 Model at The Bridges at Germantown Apartments starting at $2,119 with a $1.52 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 District ApartmentsB12BR,1.5BA$1.43
The Bridges at Germantown ApartmentsC23BR,2BA$1.52
Ridgeway Commons TownhomesTwo bedroom x 1.5 Bath2BR,1.5BA$0.98
Farmington GatesBarrington - 2x12BR,1BA$1.57
MAA Dexter LakeResorter1BR,1BA$1.48
Legacy on Lynnfield1x11BR,1BA$1.37
The View at Shelby FarmsA1 - Willow1BR,1BA$1.32
Greenbrook at Shelby FarmsSycamore1BR,1BA$1.13
Canterbury Woods Apartments1 Bed/1 Bath1BR,1BA$1.26
Trinity LakesPolo - 1x11BR,1BA$1.55

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Pet Friendly Lifestyle
Germantown, Memphis, TN

Ranked #19

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

Pet Friendliness Lifestyle Score

4.0
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 $852 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 $1,030 at Canterbury Woods Apartments.

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 $1,450.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.