121 West St
ColliervilleTN38017
Cheap Homes for Rent in Collierville, TN from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Collierville.
416 Cardinal Dr
ColliervilleTN38017
1173 Clear Creek Rd
ColliervilleTN38017
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.
3065 Green Fairway Cv S
ColliervilleTN38017
509 Shelton Rd
ColliervilleTN38017
426 Cardinal Dr
ColliervilleTN38017
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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Collierville, TN Local Guide
How much does it cost to rent a home in Collierville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Collierville 2 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
| Collierville 3 Bedroom Homes for Rent | $2,259 | $1,525 | $2,850 |
| Collierville 4 Bedroom Homes for Rent | $3,046 | $2,295 | $3,800 |
| Collierville 5 Bedroom Homes for Rent | $4,024 | $2,595 | $6,500 |
Browse Top Homes for Rent in Collierville
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Collierville, TN Local Guide
- Nearby Cities
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Cheapest Available Collierville Apartments for Rent
The cheapest available apartment rental in Collierville, TN is a 2 Beds unit found at Center Court Apartments in the Piperton Elba neighborhood priced from $1,075. 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 $1,195. Here is today’s list of the most affordable Collierville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Center Court Apartments | 2BR-FLD-280 | 2BR,1BA | $1,075 |
| Courtyard Off the Square Apartments | 2BR/1BA | 2BR,1BA | $1,195 |
| Dogwood Creek | Cedar-Renovated | 1BR,1BA | $1,253 |
Best Value Apartments for Rent in Collierville, TN
As of June 01, 2026 the best value apartment in the Collierville area is the $1.66 price per square foot C2c Model at Forest Creek Townhomes in the in the Windyke-Southwind neighborhood starting from $2,700. The second greatest value Collierville apartment is the Chickasaw Model at City Place at Germantown Apartments starting at $2,399 with a $1.68 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Creek Townhomes | C2c | 3BR,2.5BA | $1.66 |
| City Place at Germantown Apartments | Chickasaw | 3BR,2BA | $1.68 |
| The Signature At Schilling Farms | The Oasis | 2BR,2BA | $1.42 |
| Champions Hills at Windyke | Two Bedroom Upstair With Sunro | 2BR,2BA | $1.14 |
| Irene Woods Apartments | Candace | 2BR,1BA | $1.39 |
| Miller Creek at Germantown Apartments | Emory 2 | 1BR,1BA | $1.62 |
| Legacy Farm | Halley Renovated | 1BR,1BA | $1.63 |
| Courtyard Off the Square Apartments | 2BR/1BA | 2BR,1BA | $1.41 |
| Madison at Schilling Farms | Windsor | 1BR,1BA | $1.69 |
| Center Court Apartments | 2BR-FLD-280 | 2BR,1BA | $1.48 |
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.
Read Article
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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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, TNPopulation: 50,616
Ranked #770
in US Census Population by City
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Collierville, TN Rentals by Map
See the most popular apartments and homes in Collierville, TN
Frequently Asked Questions about Collierville
What type of rentals are currently available in Collierville?
There are currently 37 Apartments for Rent in Collierville, TN with pricing that ranges from $1,025 to $4,007. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Collierville ranging from $1,525 to $6,500.
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 $6,500 with an average monthly rent of $2,764.
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 $1,597 to $4,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $2,850. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,560.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.