Cheap Apartments for Rent in Collierville, TN
89 rentals
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- PET FRIENDLY$1,145 - $1,245/mo2 Beds1 BathCourtyard Off the Square Apartments | 325 S Center St,
Collierville, TN 38017 - SPECIAL OFFERPET FRIENDLY$1,198 - $1,767/mo1-3 Beds1-2 BathsMadison at Schilling Farms | 160 Madison Farms Ln,
Collierville, TN 38017 - PET FRIENDLY
- SPECIAL OFFERPET FRIENDLY$1,310 - $1,816/mo1-3 Beds1-2 BathsBailey Creek Apartment Homes | 1907 N Bailey Woods Dr,
Collierville, TN 38017 - SPECIAL OFFERPET FRIENDLYFURNISHED$1,318 - $1,682/mo1-3 Beds1-2 BathsIrene Woods Apartments | 9199 Mayfield Rd N,
Collierville, TN 38017 - $1,497 - $2,314/mo1-3 Beds1-2 BathsTapestry Forest Creek | 9166 Crestline Ln,
Collierville, TN 38017 - $1,521 - $2,877/mo1-3 Beds1-2 BathsMeridian Park Apartments | 1700 Elkstone Pl S,
Collierville, TN 38017 - Total price$1,664 - $2,725/mo1-3 Beds1-3 BathsCarrington at Schilling Farms | 1020 Schilling Row Ave,
Collierville, TN 38017 - Total price$1,895 - $3,909/mo1-3 Beds1-2 BathsThe Water Tower District at Schilling Farms | 113 Vermilion Way W,
Collierville, TN 38017 - $2,015 - $2,020/mo2 Beds2 BathsWestbrook Crossing Apartments | 1444 Bridge Dr,
Collierville, TN 38017 Save Search in Collierville, TN
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Average Rent Trends in Collierville, TN
Rent in Collierville, TN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,421 |
| Nov 2025 | $2,556 |
| Dec 2025 | $2,495 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,571 |
| Mar 2026 | $2,550 |
| Apr 2026 | $2,491 |
| May 2026 | $2,500 |
| Jun 2026 | $2,600 |
| Jul 2026 | $2,525 |
| Aug 2026 | $2,600 |
| Sep 2026 | $2,625 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,399 | $1,683 | $2,200 | $2,975 | $2,550 |
| Townhomes | — | — | $3,500 | — | $3,500 |
| Apartments and Condos | $1,995 | $1,000 | $2,900 | — | $1,995 |
| Houses | $1,000 | — | $2,200 | $2,975 | $2,750 |
Frequently Asked Questions about Rentals in Collierville, TN
- What is the average rent of an apartment in Collierville, TN?The average rent of an apartment in Collierville, TN is $1,888 per month. This is about 3% lower than the national average.
- What are the cheapest months to find an apartment to rent in Collierville, TN?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $2,395 per month.
- How many cheap apartments are available in Collierville, TN?There are 48 apartments to rent that are cheaper than the city’s average rent of $2,550.
- When is the average rent most expensive in Collierville, TN?In the last year, the average rent in Collierville, TN was highest in Apr 2025 when it was $3,025 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Collierville, TN?The average rent of a 1 bedroom apartment in Collierville, TN is $1,399 per month. That is about $40 more than the cost of a studio apartment.
- What are some zip codes in Collierville, TN?
- What are some cities near Collierville, TN?Some nearby cities include: Piperton, Eads, Germantown, Rossville, Cordova. These cities may have more rental options to explore.
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