Performance indicators for the Collierville short-term rental market based on reliable data.
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The highest-performing listings in Collierville.
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Unfriendly to Investors
Collierville explicitly prohibits short-term rentals through Ordinance 2017-10, with active enforcement including cease and desist letters. The complete ban creates prohibitive compliance risk that deters STR investment, with only bed and breakfast establishments allowed as a narrow exception.
Local STR Agent
STR specialist · Collierville, TN
Collierville, Tennessee is a town in Shelby County, located in the southwestern corner of the state within the Memphis metropolitan area. With an approximate population of around 51,000 residents, it is one of the larger and more affluent suburbs of Memphis, known for its well-preserved historic town square, tree-lined streets, and reputation as one of the safer and more family-oriented communities in the region. Collierville has a comfortable, small-town suburban feel despite its size, and it functions as a convenient base for visitors who want to experience Memphis's music, food, and history while staying in a quieter residential setting. Downtown Memphis lies roughly 25 miles to the northwest, an easy drive of about 30 to 40 minutes depending on traffic.
The heart of Collierville is the Collierville Town Square, a walkable historic district that has been carefully preserved and developed into a popular destination for shopping, dining, and community events. The square is anchored by a striking bronze statue of a Confederate officer on horseback and surrounded by locally owned boutiques, restaurants, and cafés that draw both residents and visitors, particularly on weekends and during seasonal festivals. Staying within Collierville itself, the square offers an evening out without the need to drive into Memphis.
About 20 to 25 minutes northwest of Collierville sits Shelby Farms Park, one of the largest urban parks in the United States, covering more than 4,500 acres of green space, lakes, and woodlands on the eastern edge of Memphis. Visitors can hike, bike, horseback ride, paddle, or simply enjoy the open landscapes, making it a popular day-trip option for families and outdoor enthusiasts staying in the Collierville area.
For travelers interested in Memphis's signature attractions, Graceland, the iconic home of Elvis Presley, is roughly 25 to 30 minutes west of Collierville, while the Beale Street Historic District and the National Civil Rights Museum at the Lorraine Motel are also accessible within about 30 to 40 minutes of drive time. These world-famous destinations give short-term rental guests a chance to pair the relaxed suburban experience of Collierville with the deep cultural and musical heritage of the larger Memphis region.
Collierville is a compelling base for short-term rentals because it offers a polished, low-hassle environment with grocery stores, restaurants, and amenities close at hand, while still placing visitors within an easy drive of some of the South's most recognizable landmarks. The combination of a charming historic square, proximity to a major urban park, and convenient access to Memphis's music, civil rights, and culinary history makes the town a versatile year-round destination. Travelers who want a quieter, more residential alternative to staying downtown often find that Collierville delivers both comfort and convenience in equal measure.