$2,195 Per Month
- 3 Beds
- 2 Baths
- House for Rent
2440 Arthur Rd, Germantown, TN 38138
2440 Arthur Rd, Germantown, TN 38138
Frequently Asked Questions
How much does it cost to rent a single-family home in Germantown, TN?
The median rent for a single-family home in Germantown, TN is $2,850 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses 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 $107,800 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 $2,695 per month in Germantown, TN, renters typically need to show $8,085 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 15.3, 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 single-family 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 single-family home include Cordova, Southern Shelby County, Fox Meadows, Hickory Hill and East Memphis, each with its own character and price range.
