3-Bedroom Apartment Rent in Collierville, TN
Median asking rent for a 3-bedroom apartment in Collierville, Tennessee as of July 2026. That's +21% higher than the citywide median of $1,956 and +11% above the national 3-bedroom median of $2,130.
Income needed for a 3-bedroom in Collierville
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.
Rent by apartment size in Collierville
Compare Collierville's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Tennessee
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Greeneville | $712 |
| 2 | Crossville | $874 |
| 3 | Morristown | $961 |
| 4 | Martin | $1,130 |
| 5 | Athens | $1,180 |
| 6 | Dyersburg | $1,190 |
| 7 | Brownsville | $1,200 |
| 8 | Elizabethton | $1,250 |
| 9 | Tullahoma | $1,310 |
| 10 | Sevierville | $1,314 |
| 11 | Kingsport | $1,323 |
| 12 | Bristol | $1,340 |
| 13 | Cookeville | $1,380 |
| 14 | Manchester | $1,410 |
| 15 | Kingston | $1,430 |
Most expensive cities for a 3-bedroom in Tennessee
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Farragut | $2,980 |
| 2 | Mount Juliet | $2,940 |
| 3 | Spring Hill | $2,810 |
| 4 | Thompsons Station | $2,645 |
| 5 | La Vergne | $2,640 |
| 6 | Germantown | $2,540 |
| 7 | Lakeland | $2,500 |
| 8 | Nashville | $2,498 |
| 9 | Franklin | $2,474 |
| 10 | Brentwood | $2,470 |
| 11 | Hendersonville | $2,390 |
| 12 | Bartlett | $2,380 |
| 13 | Collierville (this page) | $2,370 |
| 14 | Ooltewah | $2,360 |
| 15 | Arlington | $2,310 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Collierville.
| City | Distance | 3-Bedroom rent | vs Collierville |
|---|---|---|---|
| Germantown, TN | 10.4 mi | $2,540 | +$170 (+7%) |
| Cordova, TN | 11 mi | $2,290 | $-80 (-3%) |
| Oakland, TN | 13.9 mi | $2,200 | $-170 (-7%) |
| Olive Branch, MS | 14.8 mi | $2,300 | $-70 (-3%) |
| Lakeland, TN | 15.5 mi | $2,500 | +$130 (+5%) |
| Arlington, TN | 15.9 mi | $2,310 | $-60 (-3%) |
| Bartlett, TN | 16.2 mi | $2,380 | +$10 (0%) |
| Memphis, TN | 20.6 mi | $1,855 | $-515 (-22%) |
| Southaven, MS | 23.4 mi | $2,300 | $-70 (-3%) |
| Millington, TN | 28.4 mi | $1,800 | $-570 (-24%) |
| Horn Lake, MS | 28.7 mi | $1,880 | $-490 (-21%) |
| Hernando, MS | 31.4 mi | $1,830 | $-540 (-23%) |
3-Bedroom rent in Collierville — common questions
How much is a 3-bedroom apartment in Collierville?
As of July 2026, the median 3-bedroom apartment rent in Collierville, Tennessee is $2,370 per month. This is +21% higher than the citywide median of $1,956.
What income do you need to afford a 3-bedroom in Collierville?
Using the standard 30% rent-to-income rule, you would need an annual income of about $94,800 ($7,900/month gross), which works out to roughly $45.58/hour at a full-time job.
Is Collierville expensive for a 3-bedroom compared to the rest of the US?
Collierville's 3-bedroom median of $2,370 is +11% above the national 3-bedroom median of $2,130. It ranks in the 61th percentile of US cities tracked.
How does Collierville rank for 3-bedroom rent in Tennessee?
Among the 65 cities in Tennessee with 3-bedroom data, Collierville ranks #53 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Collierville?
Yes — nearby cities with cheaper 3-bedroom rents include Cordova ($2,290), Oakland ($2,200), Olive Branch ($2,300).