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3 Bedroom Apartments for Rent in Germantown, TN - 26 Rentals available

We found 10 rentals in Germantown, TN and 16 rentals nearby

We found 8 rentals within a 3-mile radius of Germantown, TN

We found 8 rentals within a 5-mile radius of Germantown, TN

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Germantown, TN Demographics

  • Total Population39,262
  • Female 19,565
    Male 19,697
  • Median Age45.1

Average Rent for 3 Bedroom apartments in Germantown, TN

  • The average rent for a 3 Bedroom apartment in Germantown, TN, September 2018$1,381/mo
  • 1 Bedroom$1,240
  • 2 Bedrooms$1,459
  • 3 Bedrooms$1,458

Germantown, TN 3 Bedroom Apartment Rent Ranges

  • $1,001-$1,50044%
  • $1,501-$2,00056%

Germantown, TN 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Sep / 2018 $1,381 $1,458
Jan / 2018 $1,381 $1,458
Sept / 2017 $1,278 $1,517
May / 2017 $1,236 $1,455
Jan / 2017 $1,167 $1,391
Sept / 2016 $1,192 $1,454
May / 2016 $1,192 $1,414
Jan / 2016 $1,138 $1,411
Sept / 2015 $1,159 $1,451
May / 2015 $1,157 $1,400

Germantown, TN Households

  • Total Number of Households14,476
  • Family 11,245
    Non-family 3,231
  • Children 4,580
    No Children 9,896
  • Average People Per Household2.71
  • Median Household Income$109,464
  • Median Housing Costs Per Month$1,675

Germantown, TN Education Statistics

  • No High School1%
  • Some High School12%
  • Some College19%
  • Associate Degree5%
  • Bachelor Degree38%
  • Graduate Degree25%

Renting a 3 bedroom apartment in Germantown, TN

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,209 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Germantown, TN, rents on 3 bedroom apartments go up to $2,347. 2 rental properties offer 3 bedroom units in Germantown, TN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Germantown, TN

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $1,111 in Germantown, TN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.