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Germantown, TN Homes for Rent

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  • /9

    Starting at $1,315 Per Month

    • 1 - 3 Beds

    7865 Grove Ct W, Germantown, TN 38138

    Welcome to The Grove at Germantown Apartments Your Perfect Home AwaitsOur apartments in Germantown, TN offer a seamless blend of comfort, style, and convenience. Choose from spacious one-, two-, and three-bedroom apartments ranging from 790 to 1,393 square feet, or explore our expansive townhomes up to 1,610 square feet.Nestled in a prestigious location near renowned museums and backing

    The Grove Germantown Apartments

    (901) 437-0181

    7865 Grove Ct W, Germantown, TN 38138
  • /24

    $4,950 Per Month

    • 5 Beds
    • 4 Baths
    • 4,451 Sq Ft
    • House for Rent

    1820 Enclave Hollow Ln E, Germantown, TN 38139

    Executive rental in Germantown's desirable Enclave. Call for viewing appt, occupancy available July 1st. Downstairs offers primary BR & guest Br, formal living & dining, greatroom & chefs' kitchen. Upstairs offers 3 br's/office/bonus room. Two separate yards, one w/ heated gunite pool & other w/ patio & kids play area. No back neighbors, whole home has audio surround sound, 3 car garage with

    Agent Photo

    Scott Carrier

    Keller Williams

    (901) 910-0850

    1820 Enclave Hollow Ln E, Germantown, TN 38139
  • /24

    Starting at $1,240 Per Month

    • 1 - 3 Beds

    2216 Brierbrook Rd, Germantown, TN 38138

    Welcome home to your stunning newly renovated apartment at Farmington Gates! Our beautiful park like community offers all upgraded finishes standard! This dramatic design package includes beautiful wood-look vinyl floors, stainless steel appliances, new countertops, kitchen flooring, and luxury lighting and finishing packages. Interior upgrades aren't the only thing you'll love about your new

    Farmington Gates

    (844) 528-0317

    2216 Brierbrook Rd, Germantown, TN 38138
  • /29

    $3,500 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,871 Sq Ft
    • House for Rent

    9008 Arden Meadows Dr, Germantown, TN 38139

    Immediate occupancy available. This is one of the nicest areas in Germantown. Zero lot community, but this home is on a corner lot and offers a nice little side yard. No carpet, hardwood flooring/tile throughout. Downstairs offers primary bed/bath, guest bath, kitchen, greatroom, dining, breakfast and laundry room. Upstairs offer 3br's and two full baths. One of the bedrooms has an ensuite. Walk

    Agent Photo

    Scott Carrier

    Keller Williams

    (901) 676-8663

    9008 Arden Meadows Dr, Germantown, TN 38139
  • /22

    Starting at $1,413 Per Month

    • 1 - 3 Beds

    8993 Crestwyn Hills Dr, Memphis, TN 38125

    City Place at Germantown Apartments is a hidden gem near Germantown, TN. Nestled between Germantown and Collierville, TN, the community offers beautiful landscapes, and a peaceful retreat from city life while staying connected to urban destinations via Highway 385 and I-72.Choose from our brand new apartment homes, and enjoy a variety of comforts. Our spacious one, two, and three-bedroom floor

    City Place at Germantown Apartments

    (901) 472-8062

    8993 Crestwyn Hills Dr, Memphis, TN 38125
  • /42

    Starting at $1,799 Per Month

    • 1 - 2 Beds

    7900 Wolf River Blvd, Germantown, TN 38138

    Imagine a place where luxury is more than a feeling-it's a way of life like never before. Now picture Lakeview at Germantown, a new 55 and up community bringing comfortable elegance to the Germantown scene. Our luxurious 55 plus apartments in Germantown, TN, offer a distinctly sophisticated touch. Here, services and programs make each day unique, and every moment is social, refreshing, and

    Lakeview at Germantown

    (866) 915-1570

    7900 Wolf River Blvd, Germantown, TN 38138
  • /48

    Starting at $1,273 Per Month

    • Studio - 3 Beds

    3750 Moraine St, Memphis, TN 38125

    Appointments Encouraged. Walk-Ins Welcome!We are ready to help you find your new home. Call now to connect with a Team Member and schedule a tour in-person or virtually!

    The Villas at Germantown Apartments

    (901) 446-2058

    3750 Moraine St, Memphis, TN 38125
  • /18

    Starting at $1,873 Per Month

    • 2 - 3 Beds

    6755 Poplar Ave, Germantown, TN 38138

    Say hello to your new home at The Garden District Apartments! Our beautifully landscaped grounds are complemented by beautifully renovated two and three-bedroom residences. These townhomes in Germantown, TN offer a serene experience, while providing modern amenities that cater to your needs, including short-term leases. Think of a gleaming pool, a fitness center, and a playground. Plus, we're

    The Garden District Apartments

    (901) 519-3291

    6755 Poplar Ave, Germantown, TN 38138
  • /40

    Starting at $1,299 Per Month

    • 1 - 3 Beds

    7491 Wyndhurst Place, Germantown, TN 38138

    Spacious one, two, and three-bedroom homes, large private patios or balconies, a washer and dryer in every apartment home, saltwater pool, tennis, and pickleball courts, and scheduled resident activities and events. Located in the Germantown School District. New fitness center, media room, and business center. Easy access to I-40 and just minutes to downtown Memphis, close to shopping and

    The Bridges at Germantown Apartments

    (901) 457-1539

    7491 Wyndhurst Place, Germantown, TN 38138
  • /26

    Starting at $1,370 Per Month

    • 1 - 3 Beds

    7109 Vineyard Way, Germantown, TN 38138

    Welcome to The Vineyards, where luxury living unfolds in Germantown's most coveted setting. At our apartments in Germantown, resort-style amenities meet thoughtfully designed living spaces, creating a community that elevates every aspect of your daily routine. With pet-friendly homes just minutes from Memphis, world-class healthcare facilities, premier shopping and dining destinations, and the

    The Vineyards

    (901) 446-2251

    7109 Vineyard Way, Germantown, TN 38138
  • /35

    $1,814 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Memphis - Poplar Avenue

    6500 Poplar Ave, Memphis, TN 38119

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Memphis - Poplar Avenue

    (901) 446-4099

    6500 Poplar Ave, Memphis, TN 38119
  • /15

    $3,095 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,730 Sq Ft
    • House for Rent

    2905 Mossy Creek Cove, Germantown, TN 38138

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple!This 4-bedroom, 3.5-bathroom rental home in Germantown, TN, could be just what you’re looking for. Experience

    (901) 657-5650

    2905 Mossy Creek Cove, Germantown, TN 38138
  • /17

    $2,985 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,772 Sq Ft
    • House for Rent

    8018 Cross Village Dr, Germantown, TN 38138

    Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening!Take advantage of the incredible location,

    (901) 763-6495

    8018 Cross Village Dr, Germantown, TN 38138
  • /16

    $2,520 Per Month

    • 3 Beds
    • 2 Baths
    • 1,694 Sq Ft
    • House for Rent

    7139 Claiborne Dr, Germantown, TN 38138

    Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.

    (901) 390-5579

    7139 Claiborne Dr, Germantown, TN 38138
  • /15

    $2,540 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,797 Sq Ft
    • House for Rent

    7675 Charstone Dr, Germantown, TN 38138

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home?that's?right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple!This 3-bedroom, 2.5-bathroom rental home in Germantown, TN, may be the right place for you. Relax and unwind

    (901) 446-0410

    7675 Charstone Dr, Germantown, TN 38138
  • /18

    $4,500 Per Month

    • 4 Beds
    • 2 Baths
    • 2,333 Sq Ft
    • House for Rent

    7969 Cross Ridge Dr, Germantown, TN 38138

    Property Id: 2522451Step into this sunlit den featuring stunning vaulted ceilings, which sets a relaxed tone for the entire home. The inviting dining room seamlessly connects to a cozy library and a well-equipped galley kitchen, complete with a double oven and an oversized fridge for all your culinary needs. An additional fridge is available if required.The large master bedroom offers

    (901) 557-3288

    7969 Cross Ridge Dr, Germantown, TN 38138
  • /18

    $3,185 Per Month

    • 4 Beds
    • 3.5 Baths
    • 4,015 Sq Ft
    • House for Rent

    2947 Pangbourne Cove, Germantown, TN 38138

    Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening!Take advantage of the incredible location,

    (901) 437-5215

    2947 Pangbourne Cove, Germantown, TN 38138
  • /15

    $2,585 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,467 Sq Ft
    • House for Rent

    3066 Circle Gate Dr, Germantown, TN 38138

    We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home

    (901) 417-6670

    3066 Circle Gate Dr, Germantown, TN 38138
  • /15

    $2,980 Per Month

    • 4 Beds
    • 3 Baths
    • 2,774 Sq Ft
    • House for Rent

    7650 Charstone Dr, Germantown, TN 38138

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple!This 4-bedroom, 3-bathroom rental home in Germantown, TN, could be just what you’re looking for. Enjoy

    (901) 673-3857

    7650 Charstone Dr, Germantown, TN 38138
  • /15

    $2,945 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,700 Sq Ft
    • House for Rent

    1769 Great Oaks Cove, Germantown, TN 38138

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home?that's?right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple!This 4-bedroom, 3.5-bathroom rental home in Germantown, TN, might be the perfect fit for your lifestyle. Find

    (901) 675-7554

    1769 Great Oaks Cove, Germantown, TN 38138
  • /15

    $2,400 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,648 Sq Ft
    • House for Rent

    7006 Loddon Cove, Memphis, TN 38119

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple!This 4-bedroom, 2.5-bathroom rental home in Memphis, TN, might be the perfect fit for your lifestyle. See the

    (901) 657-6196

    7006 Loddon Cove, Memphis, TN 38119
  • /17

    $2,390 Per Month

    • 4 Beds
    • 3 Baths
    • 2,792 Sq Ft
    • House for Rent

    7056 Atherton Cove, Memphis, TN 38119

    Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.

    (901) 297-4491

    7056 Atherton Cove, Memphis, TN 38119
  • /2

    $2,535 Per Month

    • 4 Beds
    • 3 Baths
    • 2,348 Sq Ft
    • House for Rent

    3028 Dunstan Cove, Memphis, TN 38119

    Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $50 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.

    (901) 584-0232

    3028 Dunstan Cove, Memphis, TN 38119
  • /8

    $1,300

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 938 Sq Ft
    • Condo for Rent

    6774 Enchanted Oak Place Unit 3, Memphis, TN 38120

    No carpet - All LVP flooring**Cozy 2-Bed, 2-Bath Condo in East Memphis**Located on the border of Germantown in a safe and quiet neighborhood, this first-floor condo offers easy living. It features two bedrooms, two baths, and a private patio, perfect for older adults. The home comes equipped with a washer, dryer, new dishwasher, refrigerator, microwave, and heater. Enjoy the

    6774 Enchanted Oak Place Unit 3, Memphis, TN 38120
  • /21

    $3,500 Per Month

    • 5 Beds
    • 3 Baths
    • 3,533 Sq Ft
    • House for Rent

    1908 Newfields Rd, Germantown, TN 38139

    COMPLETE PROFESSIONAL RENOVATION! This BIG Family Farm House Home has NEW EVERYTHING! New Hardwood flooring throughout! New white & gray marble in the Kitchen & all the baths! New Tile in Kitchen and All Baths! One guest bedroom & bath downstairs! Primary Suite and three bedrooms upstairs! Primary has New Soaker Tub, Oversized shower, Wrap around Double Vanity, and walk in closet! Bay windows!

    Edward Reak Westin Properties, LLC

    1908 Newfields Rd, Germantown, TN 38139
  • /24

    $2,795 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,436 Sq Ft
    • Beautiful Spacious Germantown Home!

    2110 Wood Creek Dr, Germantown, TN 38138

    Features Include: Lovely 4BD/2.5 BA home in a quiet, desirable area of Germantown. This one-story home offers a very comfortable living space. Updated throughout! Kitchen includes Silestone quartz countertops, custom backsplash and Stainless Steel appliances (does not include refrigerator or washer/ dryer). Bathrooms with custom tile and double sinks in both full baths. Great schools: Farmington

    2110 Wood Creek Dr, Germantown, TN 38138
  • /16

    $2,750 Per Month

    • 3 Beds
    • 2 Baths
    • 1,878 Sq Ft
    • House for Rent

    1624 W Churchill Downs, Germantown, TN 38138

    Beautifully Renovated Home in sought after neighborhood! Complete Professional Renovation! This home has NEW Everything! New Roof! New Exterior White Paint! New Professional Landscaping and Sod! New Interior Paint! New Hardwood Floors! New Granite in the Kitchen and Baths! Corner Lot with a Fenced Back Yard! Can include all appliances! Pet Friendly! Ready Now! Walking distance to Riverdale

    Edward Reak Westin Properties, LLC

    1624 W Churchill Downs, Germantown, TN 38138
  • /8

    $4,495 Per Month

    • 6 Beds
    • 3 Baths
    • 3,300 Sq Ft
    • House for Rent

    2999 Woffington Ln, Germantown, TN 38138

    Beautifully updated home in the heart of Germantown featuring 6 bedrooms and 3 full bathrooms, with one downstairs room ideal as a bedroom or office. This move-in ready home offers three levels of living space with modern finishes, fresh design touches, and lighted mirrors throughout. The main living area features a cozy fireplace and an open layout perfect for everyday living and entertaining.

    2999 Woffington Ln, Germantown, TN 38138
  • /22

    $2,800 Per Month

    • 4 Beds
    • 2 Baths
    • House for Rent

    2148 Riverdale Rd, Germantown, TN 38138

    Just listed for lease, this exceptional rental opportunity is ideally located in the heart of Germantown within the top-rated Germantown school district. Home offers comfort, style, and outstanding value for rent. This 4-bedroom, 2-bathroom home, all on one level, features a functional layout with spacious living areas including a large living room and a great room with a gas brick fireplace,

    Hila Shimony Crye-Leike, Inc., REALTORS

    2148 Riverdale Rd, Germantown, TN 38138
  • /25

    $2,650 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,130 Sq Ft
    • Luxury Germantown 4BR | Modern Quartz Kitchen, Houston High & Private Cove

    2099 Donnington Cove, Germantown, TN 38138

    Discover the perfect blend of traditional Germantown charm and sophisticated modern updates at 2099 Donnington Cove. This expansive 4-bedroom, 3.5-bathroom two-story residence offers 2,130 square feet of polished living space, tucked away in a quiet, low-traffic cove in the heart of 38138.The main level is designed for both grand entertaining and cozy daily living. The heart of

    2099 Donnington Cove, Germantown, TN 38138
  • /24

    $2,450 Per Month

    • 3 Beds
    • 2 Baths
    • 1,674 Sq Ft
    • Luxury Germantown Living | 3BR/2BA in Poplar Estates | Houston High District

    8131 Farmington Blvd, Germantown, TN 38138

    Experience the pinnacle of suburban elegance at 8131 Farmington Blvd, a stunning 3-bedroom, 2-bathroom, residence located in the highly coveted Poplar Estates of Germantown. Boasting an expansive floor plan, this home offers the perfect blend of timeless charm and modern functional living in one of the Mid-South's most prestigious zip codes.The interior makes a grand impression

    8131 Farmington Blvd, Germantown, TN 38138
  • /20

    $1,350 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,115 Sq Ft
    • Townhouse for Rent

    1869 Poplar Woods Cir E, Germantown, TN 38138

    ***PLEASE CALL TO SCHEDULE A VIEWING*** Adorable 2 bedroom, 1.5 bathroom townhome located in Germantown. Living Room*Kitchen*Dishwasher*Electric Stove/Oven*Over the Range Microwave*Breakfast Nook*Double Vanity*Luxury Vinyl Planks*Tile*Carpet*Ceiling Fans*Blinds*Fenced Yard*Security/Storm Doors*Central Heat/Air*Gorgeous 2

    1869 Poplar Woods Cir E, Germantown, TN 38138
  • /14

    $2,750 Per Month

    • 4 Beds
    • 2 Baths
    • 2,654 Sq Ft
    • House for Rent

    8403 Pine Valley Ln, Memphis, TN 38139

    This charming Germantown home is located on corner lot and offers 4 bedrooms, 2 full bathrooms, spacious great room, kitchen with eating area & granite counter tops, additional den, formal dining room, double car garage, beautiful patio area & large fenced backyard for TONS of entertainment.*Pet Friendly and No Pet Rent.*Residents will be enrolled in the "Utility & Maintenance

    8403 Pine Valley Ln, Memphis, TN 38139
  • /10

    $1,800 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,329 Sq Ft
    • 2BD/1.5BA Townhouse in Germantown!

    1969 Vienna Way, Germantown, TN 38138

    Come take a look at this charming 2-bedroom, 1.5-bath townhouse located in the Bavarian Village community. The home features fresh paint, new carpet, and updated bathrooms, along with many additional improvements throughout. Enjoy a private patio and the convenience of a two-car carport. The unit also includes a refrigerator, dishwasher, and oven, and is steps from some of the area’s best

    1969 Vienna Way, Germantown, TN 38138
  • /40

    $3,500 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,533 Sq Ft
    • House for Rent

    2654 Fox Creek Dr, Germantown, TN 38138

    ***RENT TO OWN***LEASE OPTIONS AVAILABLE******PLEASE CALL TO SCHEDULE A VIEWING***Beautiful 4 bedroom, 3.5 bathroom home located in Germantown. Living Room*Bonus Room*Dining Room*Kitchen*Over the Range Microwave*Breakfast Bar*Breakfast Nook*Laundry Room*Master Bath*Double Vanity*Separate Tub/Shower*Blinds*Luxury Vinyl

    2654 Fox Creek Dr, Germantown, TN 38138
  • /27

    $3,000 Per Month

    • 5 Beds
    • 2.5 Baths
    • 2,889 Sq Ft
    • Grand 5BR/2.5BA Germantown Colonial | 2,800+ SQ FT, Hardwood & Poplar Estates

    7008 Corsica Dr, Germantown, TN 38138

    Discover the pinnacle of suburban elegance at 7008 Corsica Drive, a stunning 5-bedroom, 2.5-bathroom Colonial-style residence nestled in the highly coveted Poplar Estates of Germantown (38138). Boasting an expansive 2,889 square feet, this home offers a versatile floor plan designed for modern families and those who love to entertain.The interior showcases timeless charm with

    7008 Corsica Dr, Germantown, TN 38138
  • /14

    $2,650 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    1711 Miller Farms Rd, Germantown, TN 38138

    Completely renovated from top to bottom — this Germantown home offers modern finishes, updated systems, and a fresh, move-in ready feel throughout. Homes with this level of renovation in Germantown are rarely available for rent.Step inside to find updated flooring, a redesigned kitchen with upgraded countertops and cabinetry, and refreshed bathrooms with contemporary finishes. The layout

    1711 Miller Farms Rd, Germantown, TN 38138

Why Live in Germantown

Germantown, TN, once a prominent equestrian hub, has evolved into an affluent small city on the eastern edge of the Memphis metro area. The community retains its equestrian heritage with annual events like The Germantown Charity Horse Show and horse-themed attractions. Germantown is known for its affluent neighborhoods, highly rated schools, and upscale shopping centers. The Germantown Municipal School District and Houston High School are among the top-rated public schools, while private options include Evangelical Christian School, Lausanne Collegiate School, and Hutchison School. The city boasts a strong public safety record, with crime rates significantly lower than both Memphis and the national average. Germantown offers various attractions, including the Germantown Performing Arts Center, the Grove outdoor stage, and numerous parks like Johnson Road and Cameron Brown parks. The Saddle Creek shopping center is a key retail destination, featuring brands like Jos A. Bank and the Memphis metro’s only Apple store. Dining options include Germantown Commissary BBQ and Southern Social, contributing to the region’s renowned barbecue scene. The city is well-connected via major thoroughfares like Poplar Avenue and Germantown Parkway, with the Memphis International Airport providing direct flights nationwide. Housing styles range from 1970s ramblers to upscale Traditionals and Colonials, with newer communities like Chapel Cove featuring contemporary Traditional homes. Germantown’s proximity to FedEx’s global headquarters and other major employers adds to its appeal, making it a sought-after location in Shelby County and West Tennessee.

Frequently Asked Questions

How much does it cost to rent a home in Germantown, TN?
The median rent for a home in Germantown, TN is $2,925 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Germantown, TN?
To comfortably afford the median rent in Germantown, TN, a household needs to earn roughly $117,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,925 per month in Germantown, TN, renters typically need to show $8,775 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Germantown, TN?
In Germantown, TN, the price-to-rent ratio is 13.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Germantown, TN are best for renting a home?
The best neighborhood for renting in Germantown, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Keswick-Stornaway, Poplar Estates, Cordova, Southern Shelby County and River Oaks, each with its own character and price range.

Rental Home Trends in Germantown, TN

Rental Home Trends

Number of Homes for Rent
37
Median Rent
$2,925
Median Single Family Home Rent
$2,950
Median Townhouse Rent
$1,650
Median Condo Rent
$1,713
How to Rent a Home