
Cheap Apartments for Rent near Independence, MS from $1,028 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Independence.


Park at Forest Hill

Foxhaven Apartments

The Grove of Cayce

Waterford Place Apartment Homes

Southaven Pointe Apartments

Southwind Lakes Apartments

The DeSoto

Avalon at Horn Lake

Total Monthly Price
Goodman Manor Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Luxe of Southaven

Annandale Gardens Apartments

Civic Center West Apartments

Irene Woods Apartments

Southcrest Lake

Springs at Buckingham Farms

Gramercy East Apartments

The Preserve at Forest Creek

Civic Center East Apartments

The Waverly Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Hamilton at Turman Farms Apartments

The Oliver Apartment Homes

Hedgerow Apartments

Rocky Creek

The Vineyard of Olive Branch Apartment Homes

Tapestry Forest Creek

MAGNOLIAS AT HERNANDO

The Flats at Delta Landing

Cayce Highlands

Silo Lofts
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

7296 Green Ash Dr

10431 Amanda Dr

5428 Bradley Dr

Modena at Mallard Creek

246 Anderson Rd

5434 Kindle Creek Dr

Fountain Square Apartments

9146 Glen Cove

10196 Curtis Dr

4762 Ridge Walk Ln
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.

7194 Atterbury Cir E

10712 Oak Cir N

8809 Glen Crossing

4891 Top Notch Loop

10570 Pecan View Dr

1344 Custer Dr E

5884 Alexandria Ln

9237 Lakeshore Dr

6495 Saddleback Cir

The Lofts in Town Square
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.
Independence, MS Local Guide

How much does it cost to rent an apartment in Independence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Independence Studio Apartments | $1,323 | $1,289 | $1,414 |
| Independence 1 Bedroom Apartments | $1,380 | $1,028 | $1,902 |
| Independence 2 Bedroom Apartments | $1,569 | $1,139 | $2,307 |
| Independence 3 Bedroom Apartments | $2,127 | $1,250 | $3,322 |
Browse Top Apartments in Independence
See all Apartments in IndependenceExplore Independence
Independence, MS Local Guide
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Cheapest Available Independence Apartments for Rent and Nearby
 The cheapest available apartment rental in Independence, MS is a 2 Beds unit found at The Grove of Cayce in the Marshall County neighborhood priced from $1,100. Ashland Lakes Apartments in the Brooks Manor neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,139. Here is today’s list of the most affordable Independence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Grove of Cayce | 2bedroom x 2bath | 2BR,2BA | $1,100 |
| Ashland Lakes Apartments | Two Bedroom | 2BR,2BA | $1,139 |
| Waterford Place Apartment Homes | One Bedroom - 679 sqft | 1BR,1BA | $1,145 |
| Southaven Pointe Apartments | 1BR 1BA (743 SF) | 1BR,1BA | $1,157 |
| Park at Forest Hill | A2 | 1BR,1BA | $1,217 |
| Goodman Manor Apartments | (Phase 1) AVAILABLE SOON! | 2BR,1BA | $1,246 |
| The Luxe of Southaven | 2 Bedroom - 1150 | 2BR,2BA | $1,249 |
| Annandale Gardens Apartments | The Aster | 1BR,1BA | $1,255 |
| Irene Woods Apartments | Franklin | 1BR,1BA | $1,266 |
| Southcrest Lake | Two Bedroom | 2BR,2BA | $1,276 |
Best Value Apartments for Rent in Independence, MS and Nearby
As of September 05, 2026 the best value apartment in the Independence area is the $1.16 price per square foot Mitchell - 3 Bedroom + Den Model at Cayce Highlands in the in the Marshall County neighborhood starting from $1,795. The second greatest value Independence apartment is the SW2 3 Bed 2 Bath Model at Southwind Lakes Apartments starting at $1,725 with a $1.25 price per square foot in the Hickory Ridge-South Riverdale neighborhood. Here is today’s list of the best values for Independence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cayce Highlands | Mitchell - 3 Bedroom + Den | 3BR,2.5BA | $1.16 |
| Southwind Lakes Apartments | SW2 3 Bed 2 Bath | 3BR,2BA | $1.25 |
| Civic Center West Apartments | The Magnolia (West) | 3BR,2BA | $1.39 |
| The DeSoto | Laurel | 3BR,2BA | $1.07 |
| Ashland Lakes Apartments | Two Bedroom | 2BR,2BA | $1.01 |
| Hedgerow Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.47 |
| Rocky Creek | Two Bedroom | 2BR,2BA | $1.46 |
| The Grove of Cayce | 3bedroom x 2bath | 3BR,2BA | $1.39 |
| The Luxe of Southaven | 1 Bedroom - 864 | 1BR,1BA | $1.45 |
| Goodman Manor Apartments | (Phase 1) AVAILABLE SOON! | 2BR,1BA | $1.47 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Independence, MS Rentals by Map
See the most popular apartments and homes in Independence, MS
Frequently Asked Questions about Cheap Independence Apartments
How much is rent for a Cheap One Bedroom Independence Apartment?
The lowest price for a Cheap One Bedroom Independence Apartment is $1,095 at Park at Forest Hill.
What is the lowest price for a Cheap Two Bedroom Independence Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Independence is starting from $1,100 at The Grove of Cayce.
What is the most affordable Independence Three Bedroom Apartment?
The best deal on a cheap Independence Three Bedroom Apartment rental is at The Grove of Cayce and starts from $1,250.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.