The Grove Germantown Apartments
7865 Grove Ct W,
Germantown, TN 38138
1-3 Beds | $1,335 - $2,711
Rental Market Trends in Germantown, TN
Updated July 2026
The average rent in Germantown, TN is $1,693/month.
Rent in Germantown is roughly equal to the national average rent of of $1,662/month.
$1,693/month
Average Rent
908 Sq Ft
Average Size
-0.5%
Change / Year
4,125
Available Apartments
Germantown rent varies by unit size and layout:
- Studio apartments in Germantown average per month.
- One-bedroom apartments in Germantown average $1,693 per month.
- Two-bedroom apartments in Germantown average $2,075 per month.
- Three-bedroom apartments in Germantown average $2,149 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Germantown, TN?
In the past year, rent has decreased by 0.5%, which averages out to $8 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Germantown, TN
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
14%
$1,001 - $1,500/month
43%
$1,501 - $2,000/month
43%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Germantown?
Based on current rent prices, River Birch Farms is the most affordable neighborhood in Germantown.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Germantown?
Based on current rent prices, River Birch Farms is the most expensive neighborhood in Germantown.
Neighborhood
Average Rent
Average Sq Ft
Which Germantown neighborhoods have the most rentals available?
The neighborhood in Germantown with the most apartments available is River Birch Farms .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Germantown, TN?
Because the average rent in Germantown is $1,693, you’ll want to make about $5,643 per month or $67,716 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.
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.
View the Germantown Area GuideStudio
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Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Germantown?
The average rent in Germantown is $1,693 per month, which is 1.9% higher than the national average of $1,662.
What is the average rent for a house in Germantown?
The average rent for a house in Germantown, TN is $1,758 per month.
What is the average rent for a townhome in Germantown?
The average rent for a townhome in Germantown, TN is $1,247 per month.
What is the average rent for a condo in Germantown?
The average rent for a condo in Germantown, TN is $1,633 per month.
Are rents going up or down in Germantown?
Rents in Germantown, TN are decreasing, with prices down 0.5% year-over-year and $8 less per month.
What rent range is most common in Germantown?
In Germantown, TN, 43% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.