Collierville, TN Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Collierville is $1,667, a 0.08% increase compared to the previous year, when the average rent was $1,666.
One-bedroom apartments provide 810 square feet for $1,457, balancing privacy and affordability.
Two-beedroom units at $1,686 offer 1,094 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,344 sq ft) for $2,080, suitable for larger households.
Average rent in Collierville, TN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,667 | 1,036 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,457 | 810 sq. ft. |
| 2 Beds | $1,686 | 1,094 sq. ft. |
| 3 Beds | $2,080 | 1,344 sq. ft. |
Collierville, TN rent trends
Rental prices in Collierville, TN have increased by 0.08% over the past year. The average rent moved from $1,666 to $1,667.
What's the typical rent budget in Collierville, TN?
The largest share of rentals in Collierville, TN (56%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Collierville, TN?
3,419 or 19% of the households in Collierville, TN are renter-occupied while 14,294 or 81% are owner-occupied.
How Collierville Compares to Other Cities
| City | Average Rent |
|---|---|
| Collierville | $1,667 |
| Nashville | $1,830 |
| Memphis | $1,135 |
| Knoxville | $1,737 |
| Chattanooga | $1,469 |
| Clarksville | $1,260 |
| Murfreesboro | $1,579 |
| Madison | $1,432 |
| Antioch | $1,480 |
| Franklin | $2,045 |
| Johnson City | $1,392 |
| Walls | $1,273 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Collierville apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.