City

Average Rent in Germantown, Tennessee

Germantown is a city in Tennessee. It ranks #10 out of 273 for places to rent. Germantown is in
the county of
Shelby County and
the metropolitan area of
Memphis, TN-MS-AR MSA. Dwellsy has rental data for Germantown includes
the zip codes of
38139, 38138, no sections, no neighborhoods and no rental communities with places to rent.
The average rent over the last 3 months for places in Germantown is $2,719 which represents an increase of 10.87% over the same period.

The most expensive zip code in Germantown to rent places is 38139 with an average rent of $3,714. The least expensive zip code in Germantown to rent places is 38138 with an average rent of $2,565.

Rental Price Comparison

The average rent for places in city Germantown currently stands at $2,719.
In comparison, places in the largest zip, specifically 38138, is less expensive, with an average rent of $2,565. This represents a difference of -6% when compared to Germantown.
Meanwhile, in the average state of Tennessee, the average rent for the same type of housing is $1,554, showing a less expensive of -43% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a less expensive by -32% when compared to the rent in Germantown.
$2,719
Germantown
VS
$2,565
-6%
38138, zip
$1,554
-43%
TN, state
$1,859
-32%
USA, us

Average price for rental listings over the last 3 months. Last updated May 31 2026

Zip Codes in Germantown, TN

38139$3,714
38138$2,565