Homes for Rent in Collierville, TN

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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 June 2025, Collierville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Collierville's average rent is 7.1% ($106) lower than the Tennessee average of $1,488 and 22.5% ($402) lower than the U.S. average of $1,784.

Average Rent
$1,382
Monthly ChangeMonth Over Month Change
Decreased20.8% ($364)
Yearly ChangeYear Over Year Change
Increased2.9% ($39)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,126 Decreased0.5% ($6) Decreased2.5% ($29)
2 Beds $1,382 Decreased0.9% ($13) Increased2.9% ($39)
3 Beds $2,014 Decreased12.3% ($282) Increased27.8% ($438)
Nearby Cities Average Rent Avg. Rent vs. ColliervilleAverage Rent vs. Collierville Avg. Days on MarketAverage Days on Market
Cordova $1,678 Increased21.4% ($296) 30 days
Germantown $1,286 Decreased6.9% ($96) 39 days
Olive Branch $1,495 Increased8.2% ($113) 34 days
Oakland $1,542 Increased11.6% ($160) 32 days
Arlington $1,408 Increased1.9% ($26) 28 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 $1,382 per month.
Homes in Collierville typically rent for between $788 and $2,618 per month, with an average of $1,382 per month.
In Collierville, the average rent for a 1-bedroom home is $1,126 per month, for a 2-bedroom home, $1,382 per month, and a 3-bedroom home is $2,014 per month.
The average rent in Collierville is 22.5% ($402) lower than the national average of $1,784 per month.
The average rent in Collierville has decreased by 20.8% ($364) in the last month and increased by 2.9% ($39) 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 14 rental properties available in Collierville, TN.
Based on the current averages, a household would need an annual income of $55,280 to comfortably afford a 2-bedroom home in Collierville.
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