Apartments for Rent in Germantown, TN

Prices and availability in Germantown, TN were last updated on 24 Jun 2026.

The best apartments in Germantown, TN are: The Residences at Thornwood, The Vineyards, The Grove Germantown Apartments, The Villages at Shelby Station and The Garden District Apartments.

The average rent in Germantown, TN is $1,941.

The price range for a 1-bedroom apartment in Germantown, TN is between $1,315 and $3,770.

The price range for a 2-bedroom apartment in Germantown, TN is between $1,630 and $4,253.

The price range for a 3-bedroom apartment in Germantown, TN is between $2,173 and $5,444.

In Germantown, 13% of the residents are renting compared to 87% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 36% of Germantown's rentals, 37% are small-scale complexes with under 50 units, and 25% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Germantown are about 28 years old, on average. Of these, 26% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 90% of the rental communities here are low-rise, garden-style communities, 16% are mid-rises, and 10% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Germantown are around 0.1% of rentals, while 1-bedroom floor plans represent 41% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 44% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.