Carrington at Schilling Farms
1020 Schiling Row Ave,
Collierville, TN 38017
$1,560 - $2,887 Total Monthly Price
1-3 Beds
Rental Market Trends in Collierville, TN
What is the average rent in Collierville, TN?
$1,503/month
Average Rent
814 Sq Ft
Average Apartment Size
-2.4%
Decrease in the Last Year
As of March 2026, the average rent in Collierville, TN is $1,503 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Collierville rent prices are 8% lower than the national average. When you rent an apartment in Collierville, you can expect to pay about $1,465 per month for a studio, $1,503 for a one-bedroom apartment, and around $1,716 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,327 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Collierville, TN?
In the past year, rent has decreased by 2.4%, which averages out to $36 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Collierville, TN
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
39%
$1,001 - $1,500/month
39%
$1,501 - $2,000/month
22%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Collierville?
Based on current rent prices, Almadale Village, The Madison and Schilling Farms Development are the most affordable neighborhoods in Collierville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Collierville?
Based on current rent prices, Oaks at Schilling Farms Condominiums, Schilling Farms Development and The Madison are the most expensive neighborhoods in Collierville.
Neighborhood
Average Rent
Average Sq Ft
Which Collierville neighborhoods have the most rentals available?
The neighborhoods in Collierville with the most apartments available are Schilling Farms Development, Oaks at Schilling Farms Condominiums and Almadale Village .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Collierville, TN?
Because the average rent in Collierville is $1,503, you’ll want to make about $5,010 per month or $60,120 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Collierville, TN compare to other nearby cities and neighborhoods?
Use the tool below to compare Collierville, TN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Three Bedroom
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Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.