Cheap Apartments for Rent in Collierville, TN from $1,100 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Collierville.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 543 Harris St

543 Harris St

ColliervilleTN38017

Collierville, TN Local Guide

Cheapest Available Collierville Apartments for Rent

 

The cheapest available apartment rental in Collierville, TN is a Studio unit found at The Villas at Germantown in the Windyke-Southwind neighborhood priced from $1,176. The Westbury in the Windyke-Southwind neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,207. Here is today’s list of the most affordable Collierville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Villas at GermantownStudio (525 SF)Studio,1BA$1,176
The Westbury1x1 - 2nd Floor1BR,1BA$1,207
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1,221
Irene Woods ApartmentsAlicia1BR,1BA$1,222
The Preserve at Forest CreekButtonwood1BR,1BA$1,277

Best Value Apartments for Rent in Collierville, TN

As of April 18, 2025 the best value apartment in the Collierville area is the $1.33 price per square foot 3x2 - 1st Floor with Garage Model at The Westbury in the in the Windyke-Southwind neighborhood starting from $1,798. The second greatest value Collierville apartment is the Halley Renovated Model at Legacy Farm starting at $1,422 with a $1.66 price per square foot . Here is today’s list of the best values for Collierville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Westbury3x2 - 1st Floor with Garage3BR,2BA$1.33
Legacy FarmHalley Renovated1BR,1BA$1.66
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.56
Madison at Schilling FarmsSummerhill1BR,1BA$1.81
City Place at Germantown ApartmentsEvergreen1BR,1BA$1.68
The Preserve at Forest CreekSilver Maple - R1BR,1BA$1.75
Bailey Creek Apartment HomesSummer Breeze-Renovated1BR,1BA$1.84
Champions Hills at Windyke1br Top/View1BR,1BA$1.84
Irene Woods ApartmentsAlicia1BR,1BA$1.57
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1.64

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Collierville, TN Rentals by Map

View MapCollierville, TN Apartments MapView MapCollierville, TN Rental Homes Map

Getting Around Collierville, TN

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Collierville Apartments

What is the Cheapest Studio apartment in Collierville?

Currently the most affordable Cheap Studio Apartment in Collierville is at The Villas at Germantown listed at $1,170.

How much is rent for a Cheap One Bedroom Collierville Apartment?

The lowest price for a Cheap One Bedroom Collierville Apartment is $1,207 at The Westbury.

What is the lowest price for a Cheap Two Bedroom Collierville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Collierville is starting from $1,325 at Courtyard Off the Square Apartments.

What is the most affordable Collierville Three Bedroom Apartment?

The best deal on a cheap Collierville Three Bedroom Apartment rental is at Dogwood Creek and starts from $1,670.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.