Rentometer, Inc. | Data as of 10/23/2025
Germantown, Tennessee, offers a vibrant blend of historic charm and modern convenience, making it a sought‑after destination for renters seeking both style and substance. The city’s well‑preserved downtown district, with its tree‑lined streets, boutique shops, and lively dining scene, sits alongside expansive green spaces such as Shelby Farms and the Germantown Greenway, providing ample recreation options for families and professionals alike. Top‑rated schools and easy access to major employment centers further enhance the appeal of this close‑knit community.
Renters in Germantown can choose from a diverse array of housing options. Modern apartments dominate the market, with one‑bedroom units generally falling in the $1500‑$1700 range, while two‑ and three‑bedroom layouts comfortably sit in the $1700‑$2100 bracket, reflecting the city’s balanced blend of affordability and quality amenities. For those seeking more space, single‑family homes are plentiful, with two‑bedroom houses typically priced in the $1800‑$1900 range and larger three‑ and four‑plus bedroom homes ranging from the low $2400s up to the $3000 tier, offering generous living areas and often featuring private yards and updated interiors.
Neighborhoods such as Forest Hills and West Glade boast a mix of historic homes and new developments, while proximity to attractions like the Carver Theatre and the vibrant Germantown Farmers Market adds cultural depth to daily life. Whether you’re drawn by the city’s renowned school districts, its convenient commuter routes, or its lively community events, Germantown’s rental market provides a welcoming environment that accommodates a wide spectrum of lifestyle needs.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,722 | $1,569 | $1,283 - $2,480 | $1,332 - $2,055 |
| Apartment | 2 Bedroom | $1,894 | $1,728 | $1,452 - $2,995 | $1,600 - $2,016 |
| Apartment | 3 Bedroom | $2,079 | $2,072 | $1,795 - $2,339 | $1,949 - $2,197 |
| House | 2 Bedroom | $1,812 | $1,697 | $1,495 - $2,245 | $1,495 - $2,245 |
| House | 3 Bedroom | $2,587 | $2,430 | $1,995 - $4,000 | $2,195 - $2,850 |
| House | 4+ Bedroom | $2,998 | $2,840 | $1,995 - $4,950 | $2,600 - $3,295 |
In the current period, the average rent in Germantown was $1,723 for 1 Bedroom, $1,881 for 2 Bedroom, $2,418 for 3 Bedroom, and $2,879 for 4+ Bedroom.
Data provided by Rentometer, Inc.