Cheap Apartments for Rent near Independence, MS from $700 (44 Rentals)

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Search the lowest-cost Apartments available for rent right now in Independence.

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.

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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.

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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.

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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.

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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.

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Showing Results 1-44, Page 1 of 1

Independence, MS Local Guide

Cheapest Available Independence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Independence, MS is a 1 Bed unit found at Ashland Lakes Apartments in the Brooks Manor neighborhood priced from $782. Park at Forest Hill in the Windyke-Southwind neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,071. Here is today’s list of the most affordable Independence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ashland Lakes ApartmentsOne Bedroom1BR,1BA$782
Park at Forest HillA21BR,1BA$1,071
The Grove of Cayce2bedroom x 2bath2BR,2BA$1,100
Waterford Place Apartment HomesOne Bedroom - 679 sqft1BR,1BA$1,110
Southaven Pointe Apartments1BR 1BA (743 SF)1BR,1BA$1,118
Springs at Buckingham FarmsStudio Grand OverlookStudio,1BA$1,192
The Luxe of Southaven2 Bedroom - 11322BR,2BA$1,199
Goodman Manor Apartments(Phase 1) AVAILABLE SOON!2BR,1BA$1,225
Annandale Gardens ApartmentsThe Aster1BR,1BA$1,255
Gramercy East Apartments1 Bed 1 Bath Renovated1BR,1BA$1,259

Best Value Apartments for Rent in Independence, MS and Nearby

As of July 21, 2026 the best value apartment in the Independence area is the $1.19 price per square foot Mitchell - 3 Bedroom + Den Model at Cayce Highlands in the in the Marshall County neighborhood starting from $1,850. The second greatest value Independence apartment is the Blue Spruce Model at The Preserve at Forest Creek starting at $1,469 with a $1.28 price per square foot in the Germantown neighborhood. Here is today’s list of the best values for Independence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cayce HighlandsMitchell - 3 Bedroom + Den3BR,2.5BA$1.19
The Preserve at Forest CreekBlue Spruce2BR,2BA$1.28
The Luxe of Southaven2 Bedroom - 11322BR,2BA$1.06
Ashland Lakes ApartmentsTwo Bedroom2BR,2BA$1.01
Southwind Lakes ApartmentsSW2 2x2 Renovated2BR,2BA$1.42
Rocky CreekTwo Bedroom2BR,2BA$1.48
The Grove of Cayce3bedroom x 2bath3BR,2BA$1.39
The DeSotoMagnolia1BR,1BA$1.41
Goodman Manor Apartments(Phase 1) AVAILABLE SOON!2BR,1BA$1.44
Southaven Pointe Apartments1BR 1BA (743 SF)1BR,1BA$1.50

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

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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 $782 at Ashland Lakes Apartments.

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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.