Cheap Homes for Rent in Grace, MS from $500 (14 Rentals)

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Grace, MS Local Guide

Cheapest Available Grace Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grace, MS is a 3 Beds unit found at Delta Village Mobile Home Community priced from $650. The Apartments at Lake Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Grace apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
The Apartments at Lake HillOne Bed1BR,1BA$650
Azalea Cove2BED 30%2BR,2BA$665
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$710
RiverlineB22BR,1BA$800

Best Value Apartments for Rent in Grace, MS and Nearby

As of May 08, 2026 the best value apartment in the Grace area is the $1.06 price per square foot 2 Bedroom, 2 Bath - Building 8 Model at The Landings Apartments in the starting from $1,139. The second greatest value Grace apartment is the The Delta Model at Cottonwood starting at $1,125 with a $1.07 price per square foot . Here is today’s list of the best values for Grace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Landings Apartments2 Bedroom, 2 Bath - Building 82BR,2BA$1.06
CottonwoodThe Delta2BR,2BA$1.07
RiverlineB22BR,1BA$0.80
CommodoreB12BR,1BA$1.00
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$0.68
Arbor Park Apartments1 Bedroom1BR,1BA$1.09
Farmington Station3x1 (+$50mo water,trash,sewage)3BR,1BA$1.08
Carr Central ApartmentsRENOVATED LIVING1BR,1BA$0.77
Azalea Cove2 BED 60%2BR,2BA$1.05
The Apartments at Lake HillOne Bed1BR,1BA$0.96

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Grace

What type of rentals are currently available in Grace?

There are currently 50 Apartments for Rent in Grace, MS with pricing that ranges from $550 to $2,200. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grace ranging from $525 to $2,650.

What is the current price range for Rental Homes in Grace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grace ranges from $525 to $2,650 with an average monthly rent of $1,141.

How much are larger Three and Four Bedroom Rentals in Grace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Grace range from $775 to $1,939, while Three Bedroom Homes, Condos, and Townhomes for rent range from $625 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $950.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.