Cheap Apartments for Rent in Collierville, TN from $900 (30 Rentals)

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

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

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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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 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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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 $975. Champions Hills at Windyke in the Windyke-Southwind neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,081. Here is today’s list of the most affordable Collierville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Center Court Apartments1BR-FLD1BR,1BA$975
Champions Hills at Windyke1br Top/View1BR,1BA$1,081
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1,195
Madison at Schilling FarmsSummerhill1BR,1BA$1,199
The Westbury1x1 - 2nd Floor1BR,1BA$1,230
The Villas at Germantown ApartmentsStudio (525 SF)Studio,1BA$1,247
Legacy FarmHalley1BR,1BA$1,275
Irene Woods ApartmentsAlicia1BR,1BA$1,280
Collier Village Apartments22S 2br2BR,1BA$1,300
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1,309

Best Value Apartments for Rent in Collierville, TN

As of December 09, 2025 the best value apartment in the Collierville area is the $1.35 price per square foot 3x2 - 1st Floor Model at The Westbury in the in the Windyke-Southwind neighborhood starting from $1,812. The second greatest value Collierville apartment is the Birch with Patio Model at Dogwood Creek starting at $1,444 with a $1.44 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.
The Westbury3x2 - 1st Floor3BR,2BA$1.35
Dogwood CreekBirch with Patio2BR,2BA$1.44
The Signature At Schilling FarmsThe Hideaway1BR,1BA$1.68
Collier Village Apartments22S 2br2BR,1.5BA$1.51
Legacy FarmHalley Renovated1BR,1BA$1.54
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.41
The Preserve at Forest CreekSilver Maple1BR,1BA$1.74
Champions Hills at Windyke1br Top/View1BR,1BA$1.36
Madison at Schilling FarmsWindsor1BR,1BA$1.63
Center Court Apartments1BR-FLD1BR,1BA$1.43

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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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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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 Apartments listed at $1,247.

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

The lowest price for a Cheap One Bedroom Collierville Apartment is $975 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 $1,100 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 Madison at Schilling Farms and starts from $1,441.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.