
Cheap Homes for Rent in Independence, MS from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Independence.


8106 Elmbrook Dr

1584 Joy Blvd

10137 Oak Run Dr S

970 Millcreek Pl

5367 Kalian Cove
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.

4839 Mallard Nest Dr

6496 Amberwood Cove

7594 Iris Dr

7011 Village Ln

7691 Lilly Ln

4806 Ashcroft Dr
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.

6758 Valerie Dr
Independence, MS Local Guide

How much does it cost to rent a home in Independence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Independence 3 Bedroom Homes for Rent | $1,766 | $1,300 | $2,600 |
| Independence 4 Bedroom Homes for Rent | $2,215 | $1,765 | $2,500 |
| Independence 5 Bedroom Homes for Rent | $2,301 | $1,740 | $2,665 |
Browse Top Homes for Rent in Independence
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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 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 $1,087. Here is today’s list of the most affordable Independence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashland Lakes Apartments | One Bedroom | 1BR,1BA | $782 |
| Park at Forest Hill | A2 | 1BR,1BA | $1,087 |
| The Luxe of Southaven | 1 Bedroom - 864 | 1BR,1BA | $1,099 |
| The Grove of Cayce | 2bedroom x 2bath | 2BR,2BA | $1,100 |
| Waterford Place Apartment Homes | One Bedroom - 718 sqft | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Independence, MS and Nearby
As of July 08, 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 3 Bed 2 Bath Renovated Model at Gramercy East Apartments starting at $1,623 with a $1.29 price per square foot in the DeSoto County 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 | $1.19 |
| Gramercy East Apartments | 3 Bed 2 Bath Renovated | 3BR,2BA | $1.29 |
| Rocky Creek | Three Bedroom Flat | 3BR,2BA | $1.46 |
| Ashland Lakes Apartments | Two Bedroom | 2BR,2BA | $1.01 |
| Southwind Lakes Apartments | SW2 2x2 Renovated | 2BR,2BA | $1.42 |
| Civic Center East Apartments | The Dogwood (East) | 2BR,2BA | $1.34 |
| The Grove of Cayce | 3bedroom x 2bath | 3BR,2BA | $1.39 |
| The DeSoto | Magnolia | 1BR,1BA | $1.32 |
| The Luxe of Southaven | 1 Bedroom - 864 | 1BR,1BA | $1.27 |
| Goodman Manor Apartments | (Phase 1) Available Now | 2BR,1BA | $1.44 |
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 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!
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Frequently Asked Questions about Independence
What type of rentals are currently available in Independence?
There are currently 36 Apartments for Rent in Independence, MS with pricing that ranges from $782 to $3,250. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Independence ranging from $1,300 to $2,665.
What is the current price range for Rental Homes in Independence?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Independence ranges from $1,300 to $2,665 with an average monthly rent of $2,094.
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

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.

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.