Cheap Apartments for Rent in Collierville, TN from $900 (35 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Center Court Apartments
1 to 2 Bedroom Apartments

Center Court Apartments

288 S Center StCollierville, TN 38017
  • Utilities Included

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

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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Legacy Farm
1 to 3 Bedroom Apartments

Legacy Farm

1130 Legacy Farm CtCollierville, TN 38017
property at 465 Shelton Rd

$1,795

4 Bedroom Rentals

Available Now

465 Shelton Rd

ColliervilleTN38017

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 1168 Clear Creek Rd

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

1168 Clear Creek Rd

ColliervilleTN38017

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-35, Page 1 of 1

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 Champions Hills at Windyke in the Windyke-Southwind neighborhood priced from $1,071. Courtyard Off the Square Apartments in the Piperton Elba neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,170. Here is today’s list of the most affordable Collierville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Champions Hills at WindykeOne Bedroom Upstairs W/Sunroom1BR,1BA$1,071
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1,170
The Villas at Germantown ApartmentsStudio (626 SF)Studio,1BA$1,198
Dogwood CreekCedar-Renovated1BR,1BA$1,253
Legacy FarmAbington Renovated1BR,1BA$1,267
The Preserve at Forest CreekButtonwood1BR,1BA$1,267
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1,276
Bailey Creek Apartment HomesWindsong1BR,1BA$1,299
Collier Village Apartments22S 2br2BR,1BA$1,300
Irene Woods ApartmentsAlicia1BR,1BA$1,319

Best Value Apartments for Rent in Collierville, TN

As of June 22, 2026 the best value apartment in the Collierville area is the $1.55 price per square foot 3x2 - 2nd Floor Model at The Westbury in the in the Windyke-Southwind neighborhood starting from $2,262. The second greatest value Collierville apartment is the The Oasis Model at The Signature At Schilling Farms starting at $1,884 with a $1.57 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.
The Westbury3x2 - 2nd Floor3BR,2BA$1.55
The Signature At Schilling FarmsThe Oasis2BR,2BA$1.57
Collier Village Apartments22S 2br2BR,1.5BA$1.51
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.38
Champions Hills at WindykeOne Bed Golf Course Side1BR,1BA$1.36
The Preserve at Forest CreekButtonwood1BR,1BA$1.61
Irene Woods ApartmentsAlicia1BR,1BA$1.69
Madison at Schilling FarmsWindsor1BR,1BA$1.73
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1.72
Dogwood CreekCedar-Renovated1BR,1BA$1.69

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Collierville, TN
Population: 50,616

Ranked #770

in US Census Population by City

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

Explore Collierville, TN Rentals by Map

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See the most popular apartments and homes in Collierville, TN

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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 Apartments listed at $1,198.

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

The lowest price for a Cheap One Bedroom Collierville Apartment is $1,071 at Champions Hills at Windyke.

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 $1,088 at Champions Hills at Windyke.

What is the most affordable Collierville Three Bedroom Apartment?

The best deal on a cheap Collierville Three Bedroom Apartment rental is at The Preserve at Forest Creek and starts from $1,799.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.