Collierville, TN has a population of 48,960, while the median age is 40. The household income in Collierville, TN is around $113,957. The homeownership rate among the residents is 80%. The median residential property value in Collierville, TN that you should keep in mind is $286,700.
Population | 48,960 |
Median Age | 40.1 |
Poverty Rate | 5% |
Household Income | $113,957 |
Number Of Employees | 24,730 |
Median Property Value | $286,700 |
Rent Price |
Apr | vs Last Month |
---|---|---|
1-bed apartments | $1,750 | -16.4% |
2-bed apartments | $2,659 | +18.9% |
3-bed apartments | $2,867 | +16.4% |
4+ bed apartments | $2,295 | -5.4% |
Over the April 2023, the average rent for an apartment in/near Collierville, TN increased by 8.3% to $2,476.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 16.4% to $1,750. Pricing for 2-bed apartment also increased by 18.9% and a place of this size will now cost you $2,659. 3-bed apartment rent pricing starts at $2,867, it increased by 16.4% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 5.4% and made it down to $2,295.
Rent Type Price |
Apr | vs Last Month |
---|---|---|
Apartments for rent | $2,399 | +7.2% |
Houses for rent | $2,957 | +21.8% |
Rooms for rent | $800 | N/A |
The median rent for an apartment in Collierville, TN increased by 7.2% to $2,399. Statistics show that house rent price increased by 21.8% this month making it up to $2,957. Condo for rent is now available for the same pricing as previously — $2,100. If you’re looking for a room, the price tag still starts at $800. The median price did not change this time.