Home Price Key
Affordable
Average
Expensive
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 $383,305, higher than the Tennessee average of $218,916.
The average cost of rent is $1,472/mo in Collierville, primarily driven by the current value of real estate in the Collierville area. While nearly 29.18% of residents own their homes outright in Collierville, 16.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Collierville is $11,914 per month. Households that rent pay about 12.35% of their income on rent here. Collierville's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Piperton, TN: equally priced homes
- Germantown, TN: equally priced homes
- Rossville, TN: less expensive homes
- Cordova, TN: less expensive homes
- Eads, TN: equally priced homes
- Taska, MS: less expensive homes
- Olive Branch, MS: less expensive homes
- Mount Pleasant, MS: less expensive homes
- Macon, TN: less expensive homes
- Memphis, TN: less expensive homes
Cities with Similar Populations
- Edina, MN: higher priced homes
- Sebring, FL: less expensive homes
- Galveston, TX: less expensive homes
- Methuen Town, MA: equally priced homes
- Encinitas, CA: higher priced homes
- Downers Grove, IL: equally priced homes
- Delaware, OH: less expensive homes
- Davis, CA: higher priced homes
- West Chester, OH: less expensive homes
- Canovanas, PR: less expensive homes
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