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Cheap Apartments for Rent in Germantown, TN - 31 Rentals available

Apartments Under $1,200

  • Apartment
    7109 Vineyard Way, Germantown, TN 38138
    $1,078 - $2,069
    • 1-3 Beds
    • 1-2 Baths
    Sentinel Real Estate Corporation
    Available Today! Last updated 12 Jul 2020
    (901) 755-9394
  • Apartment
    3541 Mediterranean Dr, Memphis, TN 38118
    $525 - $625
    • 1-2 Beds
    • 1-2 Baths
    Peak Living
    Available Today! Last updated 30 Apr 2020
    (901) 267-0832
Popular Searches

Germantown, TN Demographics

  • Total Population39,164
  • Female 19,050
    Male 20,114
  • Median Age45.3

Average Rent in Germantown, TN

  • Germantown, TN Average Rental Price, February 2020 $1,561 /mo

Germantown, TN Apartment Rent Ranges

  • $1,001-$1,50058%
  • $1,501-$2,00027%
  • > $2,00015%

Germantown, TN Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
Germantown, TN $1,167 $1,236 $1,278 $1,381 $1,381 $1,498 $1,491 $1,535 $1,563 $1,561
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Germantown, TN Households

  • Total Number of Households14,777
  • Family 11,828
    Non-family 2,949
  • Children 4,891
    No Children 9,886
  • Average People Per Household2.65
  • Median Household Income$116,585
  • Median Housing Costs Per Month$1,611

Germantown, TN Education Statistics

  • No High School1%
  • Some High School12%
  • Some College21%
  • Associate Degree5%
  • Bachelor Degree36%
  • Graduate Degree25%

Looking for a cheap apartment for rent in Germantown, TN? With RENTCafé, finding an affordable apartment in Germantown, TN has never been easier. We feature 29 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 $1,561 per month so any rental south of $1,249 would be considered cheap here. On RENTCafé, Germantown, TN rents go as low as $983/mo.

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