Apartments for Rent in Germantown, TN

Prices and availability in Germantown, TN were last updated on 23 Aug 2026.

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

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

The price range for a 1-bedroom apartment in Germantown, TN is between $1,399 and $3,681.

The price range for a 2-bedroom apartment in Germantown, TN is between $1,350 and $4,490.

The price range for a 3-bedroom apartment in Germantown, TN is between $2,105 and $5,351.

In Germantown 13% of the housing is rented out compared to 87% of homes are owned, according to the most recent Census Bureau estimates. 36% of Germantown's apartments are found in large buildings of 50 units or more, 37% are located in smaller apartment complexes with less than 50 units, and 25% are single-family rentals.

The average age of rental buildings in Germantown is 28 years old, with 26% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 90% are garden-style apartment communities, 16% are mid-sized buildings, and 10% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Germantown come in a range of sizes and floorplans. Studio apartments represent 0.1% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 41% of the total apartments in the city, while 2-bedroom floorplans represent around 44% of all rentals in Germantown. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.