Can A Licensed Practical Nurse Afford Rent in Collierville, TN?

Rent-burdened — rent takes 42.7% of gross income.

Collierville rent: July 2026. Salary: BLS OEWS May 2024 (Tennessee state estimate).

Collierville median rent
$1,990/mo
Licensed Practical Nurse salary (Tennessee)
$55,927/yr
Rent as % of income
42.7%
Gross monthly income works out to about $4,661, and the 30% rule supports up to $1,398/mo in rent. Collierville's median rent of $1,990 exceeds that threshold by $592/mo, putting a licensed practical nurse salary into the rent-burdened range here. A licensed practical nurse works roughly 74 hours a month to cover that rent.

About rent and a licensed practical nurse salary

LPN pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. At the national-average LPN salary, the 30% rule supports about $1,520 a month in rent. The per-city pages show which markets stay in range.

Cheaper rent nearby

These Tennessee cities have lower median rent than Collierville, which improves the affordability math on a licensed practical nurse salary:

Farragut, TN
$1,988/mo (42.7% of income)
Farragut, TN
$1,984/mo (42.6% of income)
Farragut, TN
$1,983/mo (42.5% of income)

Compare with full rent data for Collierville

View full rent data for Collierville, TN

Frequently asked questions

Can a licensed practical nurse afford rent in Collierville, TN?

Median rent in Collierville is $1,990 a month. A typical licensed practical nurse in Tennessee earns about $55,927 a year, which makes that rent 42.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a licensed practical nurse afford in Collierville?

Using the 30% rule, a licensed practical nurse salary in Tennessee (~$55,927/yr) supports up to $1,398 a month in rent. Collierville's current median rent is $1,990/mo, which is $592/mo over the affordability threshold.

How many hours does a licensed practical nurse work to cover rent in Collierville?

At an hourly equivalent of about $27 an hour, a licensed practical nurse in Tennessee works roughly 74 hours a month to cover Collierville's median rent of $1,990.

Where is rent cheaper than Collierville for a licensed practical nurse?

Nearby Tennessee cities with lower median rent include Farragut ($1,988/mo), Farragut ($1,984/mo), Farragut ($1,983/mo). Each shifts the affordability math materially on a licensed practical nurse salary.

Methodology: Salary uses the BLS-derived Tennessee state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Collierville, TN. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.