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Cheap Apartments for Rent in Collierville, TN

398 Rentals Available
Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,200 Apartments Under $1,300

Apartments Under $600

  • A living room with a green chair, a coffee table with a vase of flowers, and a television on a cabinet.
    211
    Today

    2743 Ketchum Road, Memphis, TN 38114
    1 BED $547+
    2 BEDS $699+
  • a kitchen with a stove and sink and a window
    188
    Today

    1726 S. Orleans Street, Memphis, TN 38106
    2 BEDS $550+

Apartments Under $700

  • a house shape with the cedar mill logo in the middle
    119
    Today

    3505 S. Mendenhall Rd, Memphis, TN 38115
    STUDIO Ask for Pricing
    1 BED $650+
    2 BEDS $725+
  • a kitchen with white appliances and white cabinets
    346
    Today

    4537 Mill Stream Dr, Memphis, TN 38116
    1 BED $661+
    2 BEDS $747+
    3 BEDS $1,162+
  • A living room with brown leather couches and a coffee table.
    309
    Today

    6420 Knight Arnold Rd, Memphis, TN 38115
    1 BED $665+
    2 BEDS $980+

Apartments Under $800

  • a living room with blue furniture and a brick fireplace
    294
    Today

    3048 Moriah Trail, Memphis, TN 38115
    1 BED $700+
    2 BEDS $761+
  • A living room with a white couch, a black table, and a painting on the wall.
    14
    Today

    6332 Village Grove Dr, Memphis, TN 38115
    1 BED $775
    2 BEDS $1,000
  • an empty kitchen with white appliances and a stove and sink
    137
    Today

    1175 Barron Court, Memphis, TN 38114
    2 BEDS $798+

Apartments Under $900

  • a living room with pink furniture and green curtains
    319
    Today

    3251 Knight Trails Circle, Memphis, TN 38115
    1 BED $827+
    2 BEDS $1,224+
  • A living room with a wooden table and chairs.
    420
    Today

    2165 E. River Trace Dr., Memphis, TN 38134
    1 BED $849+
    2 BEDS $925+
    3 BEDS $1,347+
  • A modern living room with a black chair and a white couch.
    21
    Today

    3094 Autumnwood Avenue, Memphis, TN 38115
    1 BED $850
    2 BEDS $960
  • A brightly lit living room with a blue couch and yellow chairs.
    404
    Today

    6355 Briar Patch Lane, Memphis, TN 38115
    1 BED $857+
    2 BEDS $1,135+

Apartments Under $1,200

  • A living room with a striped couch and a ceiling fan.
    61
    Today

    1000 Sutton Place, Horn Lake, MS 38637
    1 BED $1,167+
    2 BEDS $1,257+
    3 BEDS $1,274+
  • a living room with red chairs and a television
    11
    Today

    7109 Vineyard Way, Germantown, TN 38138
    1 BED $1,181+
    2 BEDS $1,594+
    3 BEDS $2,030+
  • a living room and kitchen with a table and chairs
    38
    Rewards
    5 days ago

    5186 Church Lake Dr, Southaven, MS 38671
    1 BED $1,197+
    2 BEDS $1,219+
    3 BEDS $1,334+

Apartments Under $1,300

  • 12
    Top Rated for Location
    an open kitchen with white cabinets and black appliances and a white counter top at Legacy Farm, Collierville, Tennessee a bedroom with a bed and a dresser and a window at Legacy Farm, Tennessee, 38017
    4.5
    7 days ago

    1130 Legacy Farm Court, Collierville, TN 38017
    25 Units available
    1 BED $1,260+
    2 BEDS $1,380+
    3 BEDS $1,848+
    an open kitchen with white cabinets and black appliances and a white counter top at Legacy Farm, Collierville, Tennessee a bedroom with a bed and a dresser and a window at Legacy Farm, Tennessee, 38017 Office Space at Legacy Farm located in Collierville, TN 38017 Pool View at Legacy Farm located in Collierville, TN 38017
    Property reviews
    5/5 Haley H. on Mar 1, 2021

    Love the place and the staff!

    5/5 Addey W. on Nov 20, 2017

    Everything about Legacy Farms has been outstanding for me My roommate and I are in love with our apartment. Everyone in the front office has been great and helpful every time my roommate or I needed something. Highly recommended.

  • full kitchen with black appliances and wood flooring at theolan apartments
    Today

    7865 Grove Ct W, Germantown, TN 38138
    1 BED $1,315+
    2 BEDS $1,725+
    3 BEDS $2,049+
  • a clubhouse with tables and chairs and a living room with windows
    25
    Today

    9199 Mayfield Road North, Collierville, TN 38017
    1 BED $1,343+
    2 BEDS $1,360+
    3 BEDS $1,638+
2-16-town
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Getting around in Collierville, TN

34 /100
Car-Dependent
38 /100
Somewhat Bikeable
Walk Score®: 34, Bike Score®: 38

Frequently asked questions

What is the price of a cheap apartment in Collierville, TN?

The price range of a cheap apartment is between $1,343 and $2,540.

How many cheap rentals are available in Collierville, TN on RentCafe?

There are 25 cheap rentals available on RentCafe. Prices and availability in Collierville, TN were last updated on 18 Nov 2025.

What is the average size of a cheap apartment in Collierville, TN?

The average Collierville, TN cheap apartment size is 1,043 sq. ft.

What are the advantages of renting a cheap apartment in Collierville, TN?

Cheap apartments in Collierville, TN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Collierville, TN?

A cheap apartment in Collierville, TN offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Collierville, TN? With RentCafe, finding an affordable apartment in Collierville, TN has never been easier. We feature 398 low-priced rentals directly from property managers, with rents lower than the Collierville, TN average. What is a cheap rent in Collierville, TN? The average apartment rent in Collierville is $1,685 per month so any rental south of $1,348 would be considered cheap here. On RentCafe, Collierville, TN rents go as low as $547/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!