Cheap Homes for Rent in Collierville, TN from $1,100 (8 Rentals)

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

property at 495 Greenview Cove

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

3 Bedroom, 1 Bath Home for Rent

Available Now

495 Greenview Cove

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.

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

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 ListingModel NameBed/BathPriced From
Center Court Apartments2BR-FLD-2802BR,1BA$1,075
The Westbury1x1 - 1st Floor1BR,1BA$1,139
Courtyard Off the Square Apartments2BR/1BA2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Signature At Schilling FarmsThe Sanctuary3BR,2.5BA$1.61
Forest Creek TownhomesC2c3BR,2.5BA$1.66
Irene Woods ApartmentsEaton2BR,1BA$1.45
Miller Creek at Germantown ApartmentsEmory 31BR,1BA$1.49
The Westbury1x1 - 1st Floor1BR,1BA$1.43
Legacy FarmHalley Renovated1BR,1BA$1.69
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.41
Champions Hills at WindykeOne Bed Golf Course Side1BR,1BA$1.60
Dogwood CreekCedar-Renovated1BR,1BA$1.69
Center Court Apartments2BR-FLD-2802BR,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.

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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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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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Quick 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.

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Collierville, TN
Population: 50,616

Ranked #770

in US Census Population by City

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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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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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.

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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.