Homes & Apartments for Rent in 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

As of September 2026, Collierville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Collierville's average rent is 15.5% ($221) lower than the Tennessee average of $1,422 and 33.6% ($607) lower than the U.S. average of $1,808.

Average Rent
$1,201
Monthly ChangeMonth Over Month Change
Decreased1.2% ($15)
Yearly ChangeYear Over Year Change
Decreased14.9% ($211)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,011 Decreased2.2% ($23) Decreased14.5% ($172)
2 Beds $1,199 Decreased1.4% ($17) Decreased15.2% ($215)
3 Beds $2,149 Increased9.4% ($184) Decreased3.8% ($84)
Nearby Cities Average Rent Avg. Rent vs. ColliervilleAverage Rent vs. Collierville Avg. Days on MarketAverage Days on Market
Cordova $1,370 Increased14.1% ($169) 30 days
Germantown $1,429 Increased19% ($228) 39 days
Olive Branch $1,761 Increased46.6% ($560) 34 days
Oakland $1,593 Increased32.6% ($392) 32 days
Byhalia $1,236 Increased2.9% ($35) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Collierville Rental Market FAQs

Explore rental prices, market trends, and availability in Collierville, TN.

The average rent in Collierville, TN is $1,201 per month.
Homes in Collierville typically rent for between $708 and $2,794 per month, with an average of $1,201 per month.
In Collierville, the average rent for a 1-bedroom home is $1,011 per month, for a 2-bedroom home, $1,199 per month, and a 3-bedroom home is $2,149 per month.
The average rent in Collierville is 33.6% ($607) lower than the national average of $1,808 per month.
The average rent in Collierville has decreased by 1.2% ($15) in the last month and decreased by 14.9% ($211) over the past year.
The rental market in Collierville, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Collierville, TN, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 16 rental properties available in Collierville, TN.
Based on the current averages, a household would need an annual income of $47,960 to comfortably afford a 2-bedroom home in Collierville.
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