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Rental Market Trends in Germantown, TN

What is the average rent in Germantown, TN?

$1,655/month

Average Rent

908 Sq Ft

Average Apartment Size

+0.5%

Increase in the Last Year

As of December 2025, the average rent in Germantown, TN is $1,655 per month. For comparison, the national average rent price in the US is currently $1,631/month, which means Germantown rent prices are 1% higher than the national average. When you rent an apartment in Germantown, you can expect to pay about per month for a studio, $1,655 for a one-bedroom apartment, and around $2,045 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,971 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,655/month
908 Sq Ft
Two Bedroom
$2,045/month
1,248 Sq Ft
Three Bedroom
$1,971/month
1,527 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,431/month
1,022 Sq Ft
Three Bedroom
$1,699/month
1,500 Sq Ft
Four Bedroom
$2,372/month
2,213 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,323/month
759 Sq Ft
Two Bedroom
$1,336/month
1,212 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,413/month
1,057 Sq Ft

How much has average rent changed in Germantown, TN?

In the past year, rent has increased by 0.5%, which averages out to $8 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Germantown?

Based on current rent prices, Poplar Estates North and Laurels" are the most affordable neighborhoods in Germantown.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Poplar Estates North
$1,261/month
786 Sq Ft
Laurels
$1,398/month
803 Sq Ft

What are the most expensive neighborhoods in Germantown?

Based on current rent prices, Laurels and Poplar Estates North" are the most expensive neighborhoods in Germantown.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Laurels
$1,398/month
803 Sq Ft
Poplar Estates North
$1,261/month
786 Sq Ft

Which Germantown neighborhoods have the most rentals available?

The neighborhoods in Germantown with the most apartments available are Poplar Estates North and Laurels" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Poplar Estates North
$1,261/month
786 Sq Ft
Laurels
$1,398/month
803 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Germantown, TN?

Because the average rent in Germantown is $1,655, you’ll want to make about $5,516 per month or $66,192 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Germantown, TN

4,752 Available Apartments for Rent

Search for Nearby Apartments

How does Germantown, TN compare to other nearby cities and neighborhoods?

Use the tool below to compare Germantown, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Germantown, TN

Apartment Averages

Poplar Estates North

Germantown, TN

Laurels

Germantown, TN

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Search
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Nearby City Rent Trends

  • Collierville Average Rent
  • Cordova Average Rent
  • Olive Branch Average Rent
  • Memphis Average Rent
  • Bartlett Average Rent
  • Lakeland Average Rent
  • Arlington Average Rent

Apartment communities in Germantown we think you'll love

The Grove Germantown Apartments

The Grove Germantown Apartments

7865 Grove Ct W,
Germantown, TN 38138

$1,315 - $5,000

1-3 Beds

Farmington Gates

Farmington Gates

2216 Brierbrook Rd,
Germantown, TN 38138

$1,314 - $1,723

1-3 Beds

Trinity Lakes

Trinity Lakes

7935 Club Dr,
Cordova, TN 38016

$1,054 - $1,400

1-2 Beds

Centennial Gardens

Centennial Gardens

7841 N Garden Manor Dr,
Memphis, TN 38125

$1,259 - $1,939

1-3 Beds

Property Management Companies in Germantown, TN

Multi-South Management
Multi-South Management
  • 47

    Communities

  • 10,406

    Units

  • 9

    Cities

13 Communities in Germantown
Fogelman Properties
Fogelman Properties
  • 58

    Communities

  • 16,962

    Units

  • 37

    Cities

7 Communities in Germantown
CLK Properties
CLK Properties
  • 59

    Communities

  • 17,462

    Units

  • 34

    Cities

5 Communities in Germantown
Oro Capital Advisors
Oro Capital Advisors
  • 18

    Communities

  • 4,551

    Units

  • 9

    Cities

5 Communities in Germantown
Makowsky Ringel Greenberg
Makowsky Ringel Greenberg
  • 19

    Communities

  • 3,189

    Units

  • 5

    Cities

5 Communities in Germantown
IRT Living
IRT Living
  • 99

    Communities

  • 29,692

    Units

  • 67

    Cities

3 Communities in Germantown
Blue Magma Residential
Blue Magma Residential
  • 33

    Communities

  • 9,630

    Units

  • 15

    Cities

3 Communities in Germantown
Greystar
Greystar
  • 3,449

    Communities

  • 951,122

    Units

  • 875

    Cities

2 Communities in Germantown

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United States Tennessee Germantown Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity