Apartments for Rent in Collierville, TN

Prices and availability in Collierville, TN were last updated on 4 Jun 2026.

The best apartments in Collierville, TN are: Legacy Farm, The Addison at Collierville, Meridian Park Apartments, Irene Woods Apartments and Forest Creek Townhomes.

The average rent in Collierville, TN is $1,672.

The price range for a 1-bedroom apartment in Collierville, TN is between $1,232 and $2,885.

The price range for a 2-bedroom apartment in Collierville, TN is between $1,347 and $3,198.

The price range for a 3-bedroom apartment in Collierville, TN is between $1,720 and $3,627.

In Collierville, 20% of the residents are renting compared to 80% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Collierville's rentals, 62% are small-scale complexes with under 50 units, and 26% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Collierville are about 18 years old, on average. Of these, 73% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Collierville are around 0% of rentals, while 1-bedroom floor plans represent 35% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 53% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.