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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

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As of October 2026, Germantown's rental market is balanced, with rentals spending about 47 days on the market, slower than in Tennessee (38), and rents down 4.0% over the past year. Germantown's average rent is 45.4% ($720) higher than the Tennessee average of $1,587 and 10.8% ($225) higher than the U.S. average of $2,082.

Average Rent
$2,307
Monthly ChangeMonth Over Month Change
Decreased0.33% ($8)
Yearly ChangeYear Over Year Change
Decreased4.0% ($95)
Days on Market
47
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,711 Decreased0.36% ($6) Decreased2.8% ($50)
2 Beds $2,031 Decreased0.07% ($1) Decreased4.6% ($97)
3 Beds $2,238 Decreased0.25% ($6) Decreased3.9% ($90)
Nearby Cities Average Rent Avg. Rent vs. GermantownAverage Rent vs. Germantown Days on Market
Cordova $1,839 Decreased20.3% ($468) 40 days
Memphis $1,238 Decreased46.3% ($1,069) 45 days
Southaven $1,586 Decreased31.3% ($721) 37 days
Collierville $2,124 Decreased7.9% ($183) 42 days
Olive Branch $1,798 Decreased22.1% ($509) 35 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 $2,307 per month.
In Germantown, the average rent is about $1,711 per month for a 1-bedroom apartment, about $2,031 for a 2-bedroom apartment and about $2,238 for a 3-bedroom apartment.
The average rent in Germantown is 10.8% ($225) higher than the national average of $2,082 per month.
The rental market in Germantown, TN is currently balanced, with rentals spending about 47 days on the market, slower than in Tennessee (38), and rents down 4.0% over the past year.
Based on the current averages, a household would need an annual income of about $81,200 to comfortably afford a 2-bedroom apartment in Germantown.
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