Cheap Apartments for Rent in Collierville, TN from $800 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Collierville.

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Legacy Farm
1 to 3 Bedroom Apartments

Legacy Farm

1130 Legacy Farm CtCollierville, TN 38017

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Collierville, TN Local Guide

Cheapest Available Collierville Apartments for Rent

 

The cheapest available apartment rental in Collierville, TN is a 1 Bed unit found at Center Court Apartments in the Piperton Elba neighborhood priced from $1,025. Champions Hills at Windyke in the Windyke-Southwind neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. Here is today’s list of the most affordable Collierville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Center Court Apartments1 Bedroom Flat1BR,1BA$1,025
Champions Hills at WindykeOne Bedroom W/Sunroom1BR,1BA$1,040
The Westbury1x1 - 2nd Floor1BR,1BA$1,132
Madison at Schilling FarmsWindsor1BR,1BA$1,154
Dogwood CreekOak with Patio1BR,1BA$1,192

Best Value Apartments for Rent in Collierville, TN

As of September 07, 2025 the best value apartment in the Collierville area is the $1.39 price per square foot Harpeth Model at Miller Creek at Germantown Apartments in the in the Windyke-Southwind neighborhood starting from $1,918. The second greatest value Collierville apartment is the Natchez Renovated Model at Legacy Farm starting at $1,510 with a $1.33 price per square foot . Here is today’s list of the best values for Collierville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Miller Creek at Germantown ApartmentsHarpeth3BR,2BA$1.39
Legacy FarmNatchez Renovated2BR,2BA$1.33
Irene Woods ApartmentsCandace2BR,1BA$1.46
The Westbury1x1 - 1st Floor1BR,1BA$1.35
Collier Village Apartments22S 2br2BR,1.5BA$1.51
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.61
Champions Hills at WindykeOne Bed Golf Course Side1BR,1BA$1.32
The Preserve at Forest CreekButtonwood - Renovated1BR,1BA$1.54
Madison at Schilling FarmsWindsor1BR,1BA$1.51
Center Court Apartments1 Bedroom Flat1BR,1BA$1.51

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Collierville, TN

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Collierville Apartments

What is the Cheapest Studio apartment in Collierville?

Currently the most affordable Cheap Studio Apartment in Collierville is at The Villas at Germantown listed at $1,211.

How much is rent for a Cheap One Bedroom Collierville Apartment?

The lowest price for a Cheap One Bedroom Collierville Apartment is $1,025 at Center Court Apartments.

What is the lowest price for a Cheap Two Bedroom Collierville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Collierville is starting from $1,075 at Center Court Apartments.

What is the most affordable Collierville Three Bedroom Apartment?

The best deal on a cheap Collierville Three Bedroom Apartment rental is at Irene Woods Apartments and starts from $1,788.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.