Average Rent in Germantown, TN

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Current Versus Historical Germantown, TN Rents

Germantown rentals average $3,840 for a 4-bedroom. The median price of all currently available listings is $3,840, or roughly $12 per square feet.

For the apartment units and housing in February 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $2,200 to $2,200. 1-bedroom rentals prices have increased by $403 (13.03%) year-over-year from $3,097 to $3,500. 2-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $1,550 to $1,550. 3-bedroom rentals prices have increased by $67 (3.20%) year-over-year from $2,083 to $2,150. 4-bedroom rentals prices have increased by $1,407 (57.81%) year-over-year from $2,433 to $3,840. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 0.00% this month. 4-bedroom rents have gone up by 2.72% this month.

Beds	Price / Sqft	Feb 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
4+ BR	$11.64	$3,840	$2,433 (57.81%)	$3,023 (27.05%)

Historical Rents in Germantown, TN

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Germantown

There are a total of 1 cities nearby Germantown. The average rent in Germantown is currently $1,548 per month. Only one city nearby has an average rent lower than that. Our records show that Memphis, TN, with an average rent of $1,548, is the most affordable city nearby. In contrast, the most expensive city near Germantown, TN is Memphis, TN. Monthly rents here are on average $1,548 per month.

Want more information? Check out the top 1 cities near Germantown, TN in the following table.

City	Studio	1 Bed	2 Bed	All
Memphis, TN	$1,075	$1,743	$1,842	$1,548

Top Neighborhoods Near Germantown

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Germantown

There are a total of 1 counties located by Germantown, TN. One county in the area is Shelby, TN. The average rent for rentals in these counties is $1,585. That's roughly around $14 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Shelby, TN. Its average rent per month is $1,585. Vice versa, with an average rent of $1,585, Shelby, TN is the most expensive county by Germantown, TN.

We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Shelby, TN	$1,075	$1,780	$1,842	$1,585

Top Zipcodes Near Germantown

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Germantown Average Rents

What is the average rent price in Germantown, TN?

The average monthly rental price for Germantown, TN apartments for rent is approximately $3,840. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Germantown, TN rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Germantown, TN.

How have rent prices in Germantown, TN changed this year?

Rent prices for rentals in Germantown, TN can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.13%, two bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by 0.03% year-over-year.

What is a reasonable rent price in Germantown, TN?

A reasonable rent price in Germantown, TN is around $3,072/month. You can search for these reasonably priced rental listings on RentHop.