What is the average apartment size in Collierville?

The average size for a Collierville, TN apartment is 1,038 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Collierville?

As of Feb / 2026, the average rent in Collierville is $1,688 per month, a 0.47% increase from last years average of $1,681.

What is the average apartment size in Collierville?

The typical apartment in Collierville offers about 1,038 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Collierville, TN Rental Market Trends

Q: What's the typical rent budget in Collierville?

The typical rent budget in Collierville ranges from $1,501 to $2,000 per month, with 59% of rentals in this range.

Q: Do most people rent or own in Collierville?

In Collierville, 20% of households rent while 80% own their homes, based on the latest U.S. Census data.

Last updated: April 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Collierville is $1,688, a 0.47% increase compared to the previous year, when the average rent was $1,681.

One-bedroom apartments provide 812 square feet for $1,483, balancing privacy and affordability.

Two-beedroom units at $1,704 offer 1,098 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,345 sq ft) for $2,114, suitable for larger households.

Average rent in Collierville, TN

Last updated: April 04, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,688	1,038 sq. ft.
Studio	n/a	n/a
1 Bed	$1,483	812 sq. ft.
2 Beds	$1,704	1,098 sq. ft.
3 Beds	$2,114	1,345 sq. ft.

Collierville, TN rent trends

Rental prices in Collierville, TN have increased by 0.47% over the past year. The average rent moved from $1,681 to $1,688.

What's the typical rent budget in Collierville, TN?

The largest share of rentals in Collierville, TN (59%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Collierville, TN?

3,648 or 20% of the households in Collierville, TN are renter-occupied while 14,513 or 80% are owner-occupied.

How Collierville Compares to Other Cities

City	Average Rent
Collierville	$1,688
Memphis	$1,135
Nashville	$1,803
Knoxville	$1,745
Clarksville	$1,268
Murfreesboro	$1,568
Chattanooga	$1,450
Antioch	$1,474
Gallatin	$1,573
La Vergne	$1,755
Madison	$1,400
Walls	$1,292

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Collierville apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.