Apartments for Rent in Collierville, TN

Prices and availability in Collierville, TN were last updated on 5 Jun 2026.

The best apartments in Collierville, TN are: Legacy Farm, The Addison at Collierville, Meridian Park Apartments, Forest Creek Townhomes and 980 YORKTOWN ROAD COLLIERVILLE, TN 38017.

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

The price range for a 1-bedroom apartment in Collierville, TN is between $1,198 and $2,885.

The price range for a 2-bedroom apartment in Collierville, TN is between $1,375 and $3,209.

The price range for a 3-bedroom apartment in Collierville, TN is between $1,782 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 average age of rental buildings in Collierville is 18 years old, with 73% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Collierville come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 35% of the total apartments in the city, while 2-bedroom floorplans represent around 53% of all rentals in Collierville. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.