Cheap Apartments for Rent in Collierville, TN from $800 (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.

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

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.

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.

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 $962. The Westbury in the Windyke-Southwind neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,137. 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$962
The Westbury1x1 - 2nd Floor1BR,1BA$1,137
Center Court Apartments2BR-FLD2BR,1BA$1,150
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1,246
The Preserve at Forest CreekSilver Maple1BR,1BA$1,282
Collier Village Apartments22S 2br2BR,1BA$1,300
Carrington at Schilling Farms1D-1X11BR,1BA$1,302
Legacy FarmHalley1BR,1BA$1,335
Irene Woods ApartmentsCandace2BR,1BA$1,356
Springs at AshbySGOStudio,1BA$1,363

Best Value Apartments for Rent in Collierville, TN

As of October 24, 2025 the best value apartment in the Collierville area is the $1.70 price per square foot 3A-3X2 Model at Carrington at Schilling Farms in the starting from $2,440. The second greatest value Collierville apartment is the 3x2 - 1st Floor Model at The Westbury starting at $1,662 with a $1.23 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.
Carrington at Schilling Farms3A-3X23BR,3BA$1.70
The Westbury3x2 - 1st Floor3BR,2BA$1.23
Dogwood CreekBirch with Patio-Renovated2BR,2BA$1.60
Irene Woods ApartmentsCandace2BR,1BA$1.38
The Signature At Schilling FarmsThe Hideaway1BR,1BA$1.61
Collier Village Apartments22S 2br2BR,1.5BA$1.51
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.61
Center Court Apartments2BR-FLD2BR,1BA$1.44
Champions Hills at Windyke1br Front/Top1BR,1BA$1.30
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1.68

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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

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 Springs at Ashby listed at $1,363.

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

The lowest price for a Cheap One Bedroom Collierville Apartment is $962 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 $1,150 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 $1,479.

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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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.

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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.