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Apartments for Rent in Germantown, TN

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What to Know About

Life in Germantown & Beyond

Germantown shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Germantown, TN

As of November 2026, Germantown's rental market is cooling, with rentals spending about 46 days on the market, slower than in Tennessee (32), and rents down 4.6% over the past year. Germantown's average rent is 39.7% ($620) higher than the Tennessee average of $1,562 and 7.2% ($146) higher than the U.S. average of $2,036.

Average Rent
$2,182
Monthly ChangeMonth Over Month Change
Decreased0.42% ($9)
Yearly ChangeYear Over Year Change
Decreased4.6% ($104)
Days on Market
46
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,455 Decreased0.30% ($4) Decreased2.1% ($31)
2 Beds $1,955 Increased0.01% Decreased4.4% ($89)
3 Beds $2,217 Decreased0.23% ($5) Decreased2.8% ($63)
Nearby Cities Average Rent Avg. Rent vs. GermantownAverage Rent vs. Germantown Days on Market
Cordova $1,805 Decreased17.3% ($377) 44 days
Memphis $1,236 Decreased43.4% ($946) 51 days
Southaven $1,540 Decreased29.4% ($642) 42 days
Collierville $2,300 Increased5.4% ($118) 44 days
Olive Branch $1,858 Decreased14.8% ($324) 47 days
Based on rentals advertised on RentalSource in and around Germantown.
Frequently Asked Questions
Germantown Rental Market FAQs

Explore rental prices, market conditions, and affordability in Germantown, TN.

The average rent in Germantown, TN is about $2,182 per month.
In Germantown, the average rent is about $1,455 per month for a 1-bedroom apartment, about $1,955 for a 2-bedroom apartment and about $2,217 for a 3-bedroom apartment.
The average rent in Germantown is 7.2% ($146) higher than the national average of $2,036 per month.
The rental market in Germantown, TN is currently cooling, with rentals spending about 46 days on the market, slower than in Tennessee (32), and rents down 4.6% over the past year.
Based on the current averages, a household would need an annual income of about $78,200 to comfortably afford a 2-bedroom apartment in Germantown.
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