The Grove Germantown Apartments
7865 Grove Ct W,
Germantown, TN 38138
1-3 Beds | $1,399 - $2,600
Rental Market Trends in Germantown, TN
Updated August 2026
The average rent in Germantown, TN is $1,720/month.
Rent in Germantown is roughly equal to the national average rent of of $1,664/month.
$1,720/month
Average Rent
908 Sq Ft
Average Size
+1.1%
Change / Year
3,585
Available Apartments
Germantown rent varies by unit size and layout:
- Studio apartments in Germantown average per month.
- One-bedroom apartments in Germantown average $1,720 per month.
- Two-bedroom apartments in Germantown average $2,065 per month.
- Three-bedroom apartments in Germantown average $2,209 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 increased by 1.1%, which averages out to $19 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Germantown, TN
August 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
0%
$1,001 - $1,500/month
57%
$1,501 - $2,000/month
43%
Above $2,000/month
What salary do I need to live comfortably in Germantown, TN?
Because the average rent in Germantown is $1,720, you’ll want to make about $5,733 per month or $68,796 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 GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Collierville
Avg Rent: $1,476/month
-
Cordova
Avg Rent: $1,195/month
-
Olive Branch
Avg Rent: $1,380/month
-
Memphis
Avg Rent: $1,054/month
-
Bartlett
Avg Rent: $1,447/month
-
Lakeland
Avg Rent: $1,611/month
-
Arlington
Avg Rent: $1,384/month
Apartment Communities in Germantown We Think You'll Love
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Frequently Asked Questions
What is the average rent in Germantown?
The average rent in Germantown is $1,720 per month, which is 3.4% higher than the national average of $1,664.
What is the average rent for a house in Germantown?
The average rent for a house in Germantown, TN is $1,722 per month.
What is the average rent for a townhome in Germantown?
The average rent for a townhome in Germantown, TN is $1,224 per month.
What is the average rent for a condo in Germantown?
The average rent for a condo in Germantown, TN is $1,423 per month.
Are rents going up or down in Germantown?
Rents in Germantown, TN are increasing, with prices up 1.1% year-over-year and $19 more per month.
What rent range is most common in Germantown?
In Germantown, TN, 57% 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.