Cheap Apartments for Rent in Collierville, TN from $1,000 (23 Rentals)

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

property at 543 Harris St

543 Harris St

ColliervilleTN38017
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Legacy Farm
1 to 3 Bedroom Apartments

Legacy Farm

1130 Legacy Farm CtCollierville, TN 38017
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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 $1,150. Legacy Farm has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,247. 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$1,150
Legacy FarmAbington1BR,1BA$1,247
The Preserve at Forest CreekButtonwood1BR,1BA$1,291
Irene Woods ApartmentsAlicia1BR,1BA$1,293
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1,320

Best Value Apartments for Rent in Collierville, TN

As of March 27, 2025 the best value apartment in the Collierville area is the $0.99 price per square foot 1354 Heyonka Cv Model at 1354 Heyonka Cv in the starting from $3,495. The second greatest value Collierville apartment is the 635 Lancelot Ln Model at 635 Lancelot Ln starting at $2,470 with a $1.12 price per square foot in the Piperton Elba neighborhood. 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.
1354 Heyonka Cv1354 Heyonka Cv5BR,3.5BA$0.99
635 Lancelot Ln635 Lancelot Ln4BR,2BA$1.12
The Westbury3x2 - 1st Floor with Garage3BR,2BA$1.33
Carrington at Schilling Farms1K-1X11BR,1BA$1.59
Bailey Creek Apartment HomesMeadowlark II-Renovated2BR,2BA$1.52
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.56
The Preserve at Forest CreekSilver Maple - R1BR,1BA$1.72
Champions Hills at Windyke1br Top/View1BR,1BA$1.73
Miller Creek at Germantown ApartmentsHolston 11BR,1BA$1.80
Irene Woods ApartmentsFranklin1BR,1BA$1.76

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Getting Around Collierville, TN

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,150.

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

The lowest price for a Cheap One Bedroom Collierville Apartment is $1,247 at Legacy Farm.

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 $1,501.

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.

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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.

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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.

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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.