Last updated on June 28, 2026

Average rent in
Collierville, TN

Key takeaways for renters

  • The bottom line

    Collierville, TN rent slipped modestly year over year, with a current median of $2,406/month. Month-to-month rent is essentially unchanged, reflecting a small easing compared to last year.

  • Collierville runs 23.4% more expensive than the $1,950/month national median, positioning it as a pricier suburban market with a small total rental inventory of 55 units.

  • Price ranges

    Houses in Collierville rent for a median of $2,500/month, while apartments sit at $1,682/month. Bedroom tiers range from $1,280/month for 2-bedrooms to $2,900/month for 4+ bedrooms, reflecting the dominance of larger units in the market.

  • Neighborhood spotlight

    Fairway Glen and Shelton Hills both command rents of $2,600/month, while Lakes Of Forest Hill offers more affordable options at $1,645/month. These neighborhoods illustrate the range of rents within Collierville, TN's market.

Median rent

Median rent in Collierville

$2,405/mo

decreased by2%

vs previous year

The average rent in Collierville is $2,405 per month as of June 2026. This is 23% above the national average rent, or $455 more per month.

$1.24

average price per square foot

Total rentals

Available rentals in Collierville

55

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Collierville rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Collierville, TN

Average rent prices in Collierville have remained the same over the last month and have decreased by 2% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Collierville, TN

Rent prices in Collierville vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Collierville is $1,682, whereas a house costs $2,500. 1-bedroom apartments in Collierville run $1,368 on average, while 2-bedroom apartments are $1,607.

Listings

1 bedroom

$1,359

1%

27%

2 bedroom

$1,280

No Change

10%

3 bedroom

$2,112

1%

1%

4 bedroom

$2,900

4%

4%

1 bedroom

Average rent

$1,359

Last 30 days

1%

Last year

27%

2 bedroom

Average rent

$1,280

Last 30 days

No Change

Last year

10%

3 bedroom

Average rent

$2,112

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$2,900

Last 30 days

4%

Last year

4%

The table above reflects average rent prices in Collierville, TN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Collierville, TN compare to other cities?

Compare median rent prices in Collierville and Arlington by all bedroom counts and property types.

Collierville

Median rent price$2,405
increased by23%

higher than the national median

Median rent price$2,245
increased by15%

higher than the national median

Takeaway

The median rent for all rentals in Collierville, TN is 7% higher than the median rent in Arlington, TN.

Discover rentals in Collierville, TN

Courtyard Off The Square Apartments - Photo 1 of 1

1d ago

7.4

Very good

Courtyard Off The Square Apartments

325 S Center St, Collierville, TN 38017

2 beds

1 bath

$1,170–$1,270

Apartment for rent

158 Wilson St - Photo 1 of 1

5d+ ago

House for rent in Collierville

3 beds

1 bath

$1,475

$1,395

Price drop

House for rent

233 Sycamore Rd - Photo 1 of 1

5d+ ago

House for rent in Collierville

House for rent

Available Jun 24

121 West St - Photo 1 of 1

5d+ ago

House for rent in Collierville

SINGLE_FAMILY - Collierville, TN

121 West St, Collierville, TN 38017

3 beds

1 bath

$1,525

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Collierville, TN

Quick answers to common questions about the Collierville rental market.

How much is rent in Collierville?

The average rent in Collierville is $2,405 per month as of June 27, 2026.

Is rent up or down in Collierville?

Average rent prices in Collierville have remained the same over the last month and have decreased by 2% since last year.

How does Collierville rent compare to the national average?

Rent in Collierville is 23% above the national average, which means renters are paying approximately $455 more per month.

Which neighborhoods are most affordable in Collierville?

The most affordable neighborhoods in Collierville are Lakes Of Forest Hill ($1,645/mo), Pembrook Homeowners ($1,695/mo), and Fairway Glen ($2,600/mo).

What salary do I need to afford rent in Collierville?

To comfortably afford rent in Collierville, you'd need to earn approximately $96,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Collierville?

Collierville's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units average around $1,400 per month. These figures represent current market conditions across the city's suburban rental inventory.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Arlington