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Homes & Apartments for Rent in Collierville, TN 38017

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What to Know About

Life in Collierville & Beyond

Collierville shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Collierville, TN

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As of November 2026, Collierville's rental market is cooling, with rentals spending about 41 days on the market, slower than in Tennessee (32), and rents about flat over the past year. Collierville's average rent is 47.2% ($738) higher than the Tennessee average of $1,562 and 13.0% ($264) higher than the U.S. average of $2,036.

Average Rent
$2,300
Monthly ChangeMonth Over Month Change
Increased0.01%
Yearly ChangeYear Over Year Change
Increased0.1% ($2)
Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,509 Increased0.13% ($2) Increased1.8% ($26)
2 Beds $1,653 Increased0.14% ($2) Decreased3.0% ($52)
3 Beds $2,300 Increased0.38% ($9) Decreased1.8% ($41)
Nearby Cities Average Rent Avg. Rent vs. ColliervilleAverage Rent vs. Collierville Days on Market
Cordova $1,805 Decreased21.5% ($495) 42 days
Germantown $2,182 Decreased5.1% ($118) 44 days
Olive Branch $1,858 Decreased19.2% ($442) 46 days
Oakland $1,883 Decreased18.1% ($417) 42 days
Byhalia $1,509 Decreased34.4% ($791) 42 days
Based on rentals advertised on RentalSource in and around Collierville.
Frequently Asked Questions
Collierville Rental Market FAQs

Explore rental prices, market conditions, and affordability in Collierville, TN.

The average rent in Collierville, TN is about $2,300 per month.
In Collierville, the average rent is about $1,509 per month for a 1-bedroom home, about $1,653 for a 2-bedroom home and about $2,300 for a 3-bedroom home.
The average rent in Collierville is 13% ($264) higher than the national average of $2,036 per month.
The rental market in Collierville, TN is currently cooling, with rentals spending about 41 days on the market, slower than in Tennessee (32), and rents about flat over the past year.
Based on the current averages, a household would need an annual income of about $66,100 to comfortably afford a 2-bedroom home in Collierville.
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