Cheap Apartments for Rent in Collierville, TN from $900 (25 Rentals)

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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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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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Legacy Farm
1 to 3 Bedroom Apartments

Legacy Farm

1130 Legacy Farm CtCollierville, TN 38017

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 Champions Hills at Windyke in the Windyke-Southwind neighborhood priced from $1,075. Madison at Schilling Farms has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,084. Here is today’s list of the most affordable Collierville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Champions Hills at Windyke1br Top/View1BR,1BA$1,075
Madison at Schilling FarmsWindsor1BR,1BA$1,084
Center Court Apartments2BR-FLD2BR,1BA$1,100
Bailey Creek Apartment HomesSummer Breeze1BR,1BA$1,125
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1,182

Best Value Apartments for Rent in Collierville, TN

As of January 23, 2026 the best value apartment in the Collierville area is the $1.59 price per square foot Savannah Model at Madison at Schilling Farms in the starting from $1,635. The second greatest value Collierville apartment is the 1x1 - 1st Floor Model at The Westbury starting at $1,317 with a $1.48 price per square foot in the Windyke-Southwind neighborhood. 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.
Madison at Schilling FarmsSavannah2BR,2BA$1.59
The Westbury1x1 - 1st Floor1BR,1BA$1.48
Dogwood CreekWillow with Sunroom-Renovated1BR,1BA$1.48
Collier Village Apartments22S 2br2BR,1.5BA$1.51
Legacy FarmHalley Renovated1BR,1BA$1.57
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.41
Bailey Creek Apartment HomesSummer Breeze1BR,1BA$1.39
Center Court Apartments2BR-FLD2BR,1BA$1.38
Champions Hills at WindykeOne Bed Golf Course Side1BR,1BA$1.43
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1.59

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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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 $1,236.

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

The lowest price for a Cheap One Bedroom Collierville Apartment is $1,075 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 $1,100 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 Dogwood Creek and starts from $1,438.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.