Collierville, TN Townhomes for Rent

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Starting at $2,881

Total Monthly Price
- 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

4627 Irene Woods Ln, Collierville, TN 38017
Explore Collierville
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Starting at $2,972

Total Monthly Price
- 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

10105 Shelby Station Cove, Collierville, TN 38017
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$2,900 Per Month
- 3 Beds
- 2.5 Baths
- Townhouse for Rent
4821 S Houston Levee Rd, Collierville, TN 38017

Be the 1st to live in these brand-new luxury townhomes in Collierville! Up to 3 months free rent! New construction 3 bed, 2.5 bath townhomes offer upscale living in a great location & schools. Stunning finishes w/ large quartz kitchen island, SS appliances, large pantry, tall ceilings & 2-car garage. Kitchen, dining & living on main. Primary suite w/ walk in closets & luxury ensuite bath on 2nd

Shannan McWaters The Firm

4821 S Houston Levee Rd, Collierville, TN 38017
/6
$1,000 Per Month
- 1 Bed
- 1 Bath
- 700 Sq Ft
- Townhouse for Rent
191 West St, Collierville, TN 38017

Section 8, TBRA, and HUD-VASH Vouchers Accepted! Second Chance Accepted! Experience comfortable living in this home featuring a functional layout designed for everyday living. The property offers a practical living space that supports a variety of living arrangements. Located in Collierville (38017), with convenient access to local parks, shopping, and dining near the historic Town

191 West St, Collierville, TN 38017
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$3,500 Per Month
- 3 Beds
- 2.5 Baths
- 2,209 Sq Ft
- Townhouse for Rent
924 Aldwick Dr, Collierville, TN 38017

Experience luxury living in this beautiful new-construction townhome in Collierville. This 3-bedroom, 2.5-bath home features an open-concept floor plan, 9-foot ceilings and a two-car garage. The spacious primary suite is conveniently located downstairs. The kitchen features all-new appliances, including a gas range, plus an oversized island perfect for entertaining. Enjoy access to the community

924 Aldwick Dr, Collierville, TN 38017

Tennessee Shelby County

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 $3,500 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses 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 $104,600 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 $2,615 per month in Collierville, TN, renters typically need to show $7,845 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 16.6, 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 East Memphis, Orange Mound, River Oaks, Parkway Village and Raleigh, each with its own character and price range.

Townhouse Rental Trends in Collierville, TN

There are currently 5 townhouses available for rent in Collierville, TN. The median rent is $3,500 per month, with 3-bedroom townhouses at $3,500.

Rental Home Trends

Number of Townhouses for Rent 5	Median Townhouse Rent $3,500
Median 3 Bedroom Townhouse Rent $3,500

How to Rent a Home

Townhouses for Rent by Price in Collierville

Collierville Townhouses for Rent under $3,000

Rentals in Collierville

Townhouses for Rent by Bedrooms in Collierville

More About Living in Collierville

Townhouses by Amenity in Collierville

Collierville Townhouses for Rent with Pool

Townhouses for Rent in Nearby Neighborhoods

Townhouses for Rent in Nearby Cities

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