
Cheap Homes for Rent in Collierville, TN from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Collierville.


495 Greenview Cove

383 Harts Way Dr

1173 Clear Creek Rd
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

514 Fletcher Rd

426 Cardinal Dr

1062 Fredericksburg Cove
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.
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 | $1,816 | $1,150 | $2,500 |
| Collierville 3 Bedroom Homes for Rent | $2,287 | $1,550 | $2,765 |
| Collierville 4 Bedroom Homes for Rent | $2,899 | $2,200 | $5,800 |
| Collierville 5 Bedroom Homes for Rent | $4,168 | $2,900 | $6,500 |
Browse Top Homes for Rent in Collierville
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Collierville, TN Local Guide
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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. The Westbury in the Windyke-Southwind neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,139. 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 |
| The Westbury | 1x1 - 1st Floor | 1BR,1BA | $1,139 |
| Courtyard Off the Square Apartments | 2BR/1BA | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in Collierville, TN
As of April 16, 2026 the best value apartment in the Collierville area is the $1.61 price per square foot The Sanctuary Model at The Signature At Schilling Farms in the starting from $2,645. The second greatest value Collierville apartment is the C2c Model at Forest Creek Townhomes starting at $2,700 with a $1.66 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. |
|---|---|---|---|
| The Signature At Schilling Farms | The Sanctuary | 3BR,2.5BA | $1.61 |
| Forest Creek Townhomes | C2c | 3BR,2.5BA | $1.66 |
| Irene Woods Apartments | Eaton | 2BR,1BA | $1.45 |
| Miller Creek at Germantown Apartments | Emory 3 | 1BR,1BA | $1.49 |
| The Westbury | 1x1 - 1st Floor | 1BR,1BA | $1.43 |
| Legacy Farm | Halley Renovated | 1BR,1BA | $1.69 |
| Courtyard Off the Square Apartments | 2BR/1BA | 2BR,1BA | $1.41 |
| Champions Hills at Windyke | One Bed Golf Course Side | 1BR,1BA | $1.60 |
| Dogwood Creek | Cedar-Renovated | 1BR,1BA | $1.69 |
| Center Court Apartments | 2BR-FLD-280 | 2BR,1BA | $1.48 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
Collierville, TNPopulation: 50,616
Ranked #770
in US Census Population by City
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Collierville
What type of rentals are currently available in Collierville?
There are currently 36 Apartments for Rent in Collierville, TN with pricing that ranges from $1,025 to $4,173. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Collierville ranging from $1,150 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 $1,150 to $6,500 with an average monthly rent of $2,633.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.

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.