Rent by ZIP · Shelby County
Rent in Collierville, TN 38017
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,660 (+0.6% vs FY2026). Renters in this ZIP code pay a median $1,609 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,400 | $1,370 | +2.2% | $1,260–1,540 | $1,401 ±$50 |
| 1 bedroom | $1,520 | $1,500 | +1.3% | $1,368–1,672 | $1,421 ±$42 |
| 2 bedrooms | $1,660 | $1,650 | +0.6% | $1,494–1,826 | $1,694 ±$106 |
| 3 bedrooms | $2,190 | $2,180 | +0.5% | $1,971–2,409 | $1,787 ±$125 |
| 4 bedrooms | $2,530 | $2,540 | -0.4% | $2,277–2,783 | $2,259 ±$510 |
Small Area FMRs for the Memphis, TN-MS-AR HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Memphis, TN-MS-AR HUD Metro FMR Area, 2 bedrooms: $1,301.
What renters pay in 38017
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 38016 | Cordova | $1,600 | $1,593 |
| 38018 | Cordova | $1,780 | $1,574 |
| 38015 | Burlison | $1,000 | $880 |
| 38019 | Covington | $1,020 | $909 |
| 38012 | Brownsville | $1,010 | $716 |
| 38011 | Brighton | $1,110 | $862 |
Fair Market Rents across Shelby County, TN · All TN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.