Cheap Homes for Rent in Collierville, TN from $1,500 (12 Rentals)

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

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.

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 $1,032. The Westbury in the Windyke-Southwind neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,130. 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$1,032
The Westbury1x1 - 2nd Floor1BR,1BA$1,130
Center Court Apartments- FREE Month!2 Bedroom Flat (280)2BR,1BA$1,150
The Villas at GermantownStudio (626 SF)Studio,1BA$1,183
Irene Woods ApartmentsFranklin1BR,1BA$1,189

Best Value Apartments for Rent in Collierville, TN

As of June 16, 2025 the best value apartment in the Collierville area is the $1.36 price per square foot 3x2 - 2nd Floor Model at The Westbury in the in the Windyke-Southwind neighborhood starting from $1,994. The second greatest value Collierville apartment is the Timberlane Model at Madison at Schilling Farms starting at $2,198 with a $1.60 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$1.36
Madison at Schilling FarmsTimberlane3BR,2BA$1.60
Carrington at Schilling Farms2BF3-2X22BR,2BA$1.59
Collier Village Apartments22L 2br2BR,1.5BA$1.43
The Signature At Schilling FarmsThe Escape1BR,1BA$1.55
Legacy FarmHalley Renovated1BR,1BA$1.64
The Preserve at Forest CreekButtonwood1BR,1BA$1.71
Irene Woods ApartmentsFranklin1BR,1BA$1.63
Center Court Apartments- FREE Month!2 Bedroom Flat (280)2BR,1BA$1.59
Champions Hills at Windyke1 Bd 1 Ba Dn Porch Hand.1BR,1BA$1.43

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Frequently Asked Questions about Collierville

What type of rentals are currently available in Collierville?

There are currently 34 Apartments for Rent in Collierville, TN with pricing that ranges from $927 to $4,050. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Collierville ranging from $1,525 to $5,250.

What is the current price range for Rental Homes in Collierville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Collierville ranges from $1,525 to $5,250 with an average monthly rent of $3,155.

How much are larger Three and Four Bedroom Rentals in Collierville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Collierville range from $1,485 to $4,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $1,995. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,925.

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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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.