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Collierville, TN Townhomes for Rent

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  • 4627 Irene Woods Ln, Collierville, TN 38017
    4627 Irene Woods Ln, Collierville, TN 38017
    4627 Irene Woods Ln, Collierville, TN 38017
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    Starting at $2,600 Per Month

    • 3 Beds

    4627 Irene Woods Ln, Collierville, TN 38017

    At Forest Creek Townhomes, our community offers brand new, luxury townhomes conveniently nestled between Germantown and Collierville, TN. With Residents being the center of attention - we offer an elevated, home living experience along with the perks of a maintenance free lifestyle. Our primary goal is for our residents to live their life and let us take care of the rest!

    Forest Creek Townhomes

    (910) 672-6405

    4627 Irene Woods Ln, Collierville, TN 38017
  • 10105 Shelby Station Cove, Collierville, TN 38017
    10105 Shelby Station Cove, Collierville, TN 38017
    10105 Shelby Station Cove, Collierville, TN 38017
    /35

    Starting at $2,750 Per Month

    • 3 Beds

    10105 Shelby Station Cove, Collierville, TN 38017

    Welcome home to The Villages at Shelby Station, Collierville's only luxury townhome, built for rent community. Built in a tranquil setting all while minutes away from the best of Collierville conveniences. The Villages at Shelby Station offers newly constructed three bedroom, two and a half bath townhomes in the highly sought after Collierville School District. The community provides easy access

    The Villages at Shelby Station

    (901) 390-9845

    10105 Shelby Station Cove, Collierville, TN 38017
Tennessee Shelby County Collierville

Townhomes for Rent in Collierville, TN

Frequently Asked Questions

How much does it cost to rent a townhouse in Collierville, TN?
The median rent for a townhouse in Collierville, TN is $2,624 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Collierville, TN?
To comfortably afford the median rent in Collierville, TN, a household needs to earn roughly $104,960 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,624 per month in Collierville, TN, renters typically need to show $7,872 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Collierville, TN?
In Collierville, TN, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Collierville, TN are best for renting a townhouse?
The best neighborhood for renting in Collierville, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a townhouse include Parkway Village, Orange Mound and Binghampton, each with its own character and price range.
How to Rent a Home

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