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Cheap Apartments for Rent in Germantown, TN

184 Rentals Available
Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,200 Apartments Under $1,300 Apartments Under $1,400

Apartments Under $700

  • a house shape with the cedar mill logo in the middle
    119
    Today

    3505 S. Mendenhall Rd, Memphis, TN 38115
    STUDIO Ask for Pricing
    1 BED $650+
    2 BEDS $725+
  • a living room with a couch and a ceiling fan
    184
    7 days ago

    4981 Hidden Lake Drive, Memphis, TN 38128
    1 BED $678+
    2 BEDS $1,050+
    3 BEDS $1,433+

Apartments Under $800

  • A living room with a white couch, a black table, and a painting on the wall.
    14
    Today

    6332 Village Grove Dr, Memphis, TN 38115
    1 BED $775
    2 BEDS $1,000

Apartments Under $900

  • a living room with a couch and a table with a television
    37
    Today

    2880 Beverly Hill Street, Memphis, TN 38128
    2 BEDS $825+
  • A modern living room with a black chair and a white couch.
    21
    Today

    3094 Autumnwood Avenue, Memphis, TN 38115
    1 BED $850
    2 BEDS $960

Apartments Under $1,200

  • a living room with red chairs and a television
    11
    Today

    7109 Vineyard Way, Germantown, TN 38138
    1 BED $1,181+
    2 BEDS $1,594+
    3 BEDS $2,030+

Apartments Under $1,300

  • a living room with a couch and a table
    12
    7 days ago

    1130 Legacy Farm Court, Collierville, TN 38017
    1 BED $1,260+
    2 BEDS $1,380+
    3 BEDS $1,848+

Apartments Under $1,400

  • Top Rated for Location
    Rent Specials
    a swimming pool with a house in the background at The Grove Germantown Apartments, Germantown, 38138 ? a fountain in the middle of a lake with an apartment building in the background at The Grove Germantown Apartments, Tennessee ?
    4.5
    Today

    7865 Grove Ct W, Germantown, TN 38138
    Available
    1 BED $1,315+
    2 BEDS $1,725+
    3 BEDS $2,049+
    a swimming pool with a house in the background at The Grove Germantown Apartments, Germantown, 38138 ? a fountain in the middle of a lake with an apartment building in the background at The Grove Germantown Apartments, Tennessee ? a gym with weights and cardio machines and a ceiling fan at The Grove Germantown Apartments, Germantown, TN 38138 ? the preserve at ballantyne commons fitness room with cardio equipment and windows at The Grove Germantown Apartments, Tennessee, 38138
    Property reviews
    5/5 Daniel S. on Oct 10, 2025

    it has been great. nice grounds and good staff

    5/5 Anonymous on Mar 30, 2025

    Just hot here. So far so good. I can dk another rating later. Everyone has been helpful especially Latoyia.

2-6-city
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Getting around in Germantown, TN

5 /100
Car-Dependent
20 /100
Somewhat Bikeable
Walk Score®: 5, Bike Score®: 20

Frequently asked questions

What is the price of a cheap apartment in Germantown, TN?

The price range of a cheap apartment is between $1,181 and $4,997.

How many cheap rentals are available in Germantown, TN on RentCafe?

There are 48 cheap rentals available on RentCafe. Prices and availability in Germantown, TN were last updated on 17 Nov 2025.

What is the average size of a cheap apartment in Germantown, TN?

The average Germantown, TN cheap apartment size is 1,180 sq. ft.

What are the advantages of renting a cheap apartment in Germantown, TN?

Cheap apartments in Germantown, TN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Germantown, TN?

A cheap apartment in Germantown, TN offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Germantown, TN? With RentCafe, finding an affordable apartment in Germantown, TN has never been easier. We feature 184 low-priced rentals directly from property managers, with rents lower than the Germantown, TN average. What is a cheap rent in Germantown, TN? The average apartment rent in Germantown is $1,928 per month so any rental south of $1,543 would be considered cheap here. On RentCafe, Germantown, TN rents go as low as $650/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!