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These days, finding an affordable place to live in the Collierville area can be challenging. Home prices in Collierville are now at a median cost of $631,640, lower than the California average of $812,006.
The average cost of rent is $1,795/mo in Collierville, primarily driven by the current value of real estate in the Collierville area. In Collierville, 34.51% of households rent, and 47.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Collierville is $9,301 per month. Households that rent pay about 19.29% of their income on rent here. Collierville’s most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Galt, CA: less expensive homes
- Acampo, CA: higher priced homes
- Woodbridge, CA: equally priced homes
- Twin Cities, CA: higher priced homes
- Lodi, CA: less expensive homes
- Herald, CA: higher priced homes
- Victor, CA: higher priced homes
- Lockeford, CA: less expensive homes
- Thornton, CA: equally priced homes
- Clements, CA: equally priced homes
Cities with Similar Populations
- Freedom, ME: less expensive homes
- Hamler, OH: less expensive homes
- Grandview Heights, OH: less expensive homes
- Gracey, KY: less expensive homes
- Gordonville, MO: less expensive homes
- Gladbrook, IA: less expensive homes
- Walhonding, OH: less expensive homes
- Gifford, IL: less expensive homes
- Garland, NE: less expensive homes
- Garibaldi, OR: less expensive homes
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