Quick answer
Wealthy suburb, best schools in metro, safe, master-planned, car-dependent; 1BR $1,200–1,600
Neighborhood Guide · 2026
Germantown, Memphis
Wealthy suburb, best schools in metro, safe, master-planned, car-dependent; 1BR $1,200–1,600
Memphis Housing Costs — 2026
Median 1BR rent
$980/mo
Median 2BR rent
$1,220/mo
Median home price
$195K
Avg utilities
$150/mo
City-wide medians. Germantown rents may vary above or below depending on building vintage and unit type.Full Memphis breakdown →
Other Neighborhoods in Memphis
Compare Germantown with other popular areas.
Midtown (Overton Park area)
Arts, independent restaurants, Overton Park, Cooper-Young adjacent, most livable; 1BR $950–1,300
Cooper-Young
Walkable, best bars and restaurants, eclectic shops, younger crowd; 1BR $1,000–1,400
Central Gardens
Beautiful historic homes, safe, walkable from Cooper-Young; 1BR $1,000–1,400
East Memphis
Upscale, safe, suburban feel within city limits, corporate offices; 1BR $1,000–1,500
Collierville
Furthest east suburb, town square, very safe, top-ranked schools; 1BR $1,100–1,500
Harbor Town (Mud Island)
Walkable island community on Mississippi, limited inventory, unique feel; 1BR $1,200–1,700
Frequently Asked Questions
Is Germantown a good neighborhood in Memphis?
Wealthy suburb, best schools in metro, safe, master-planned, car-dependent; 1BR $1,200–1,600
What is the rent in Germantown, Memphis?
Memphis citywide median 1BR rent is $980/mo. Germantown pricing varies from the city average depending on building age, proximity to transit, and in-unit amenities. Studio units in Memphis often run 15–20% below the 1BR median.
What is Germantown in Memphis known for?
Wealthy suburb, best schools in metro, safe, master-planned, car-dependent; 1BR $1,200–1,600
How does Germantown compare to other Memphis neighborhoods?
Germantown is one of 7 notable neighborhoods in Memphis. Other options include Midtown (Overton Park area), Cooper-Young, Central Gardens.
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