
Cheap Homes for Rent in Independence, MS from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Independence.


113 Nikki Dr

3016 Mayfair Rd

6813 Maury Dr
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.

8254 Pinebrook Dr

6360 Greenbriar Dr

6871 Wallace Ln

3464 Red Banks Rd S
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 a home in Independence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Independence 2 Bedroom Homes for Rent | $1,353 | $950 | $1,615 |
| Independence 3 Bedroom Homes for Rent | $1,740 | $1,200 | $2,100 |
| Independence 4 Bedroom Homes for Rent | $2,192 | $1,550 | $2,830 |
| Independence 5 Bedroom Homes for Rent | $2,331 | $2,250 | $2,450 |
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 $945. 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 | $945 |
| The Luxe of Southaven | 1 Bedroom - 864 | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Independence, MS and Nearby
As of April 28, 2026 the best value apartment in the Independence area is the $0.95 price per square foot Three Bedroom Model at Ashland Lakes Apartments in the in the Brooks Manor neighborhood starting from $1,307. The second greatest value Independence apartment is the 2 Beds, 1 bath Model at The Lofts in Town Square starting at $1,800 with a $1.38 price per square foot . 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. |
|---|---|---|---|
| Ashland Lakes Apartments | Three Bedroom | 3BR,2BA | $0.95 |
| The Lofts in Town Square | 2 Beds, 1 bath | 2BR,1BA | $1.38 |
| Avalon at Horn Lake | Renovated 2 Bed 2 Bath - D | 2BR,2BA | $1.35 |
| Gramercy East Apartments | 2 Bed 2 Bath Renovated | 2BR,2BA | $1.31 |
| Hedgerow Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.39 |
| The Luxe of Southaven | 1 Bedroom Renovated - 958 | 1BR,1BA | $1.33 |
| Rocky Creek | Two Bedroom | 2BR,2BA | $1.40 |
| The DeSoto | Magnolia | 1BR,1BA | $1.24 |
| The Grove of Cayce | 3bedroom x 2bath | 3BR,2BA | $1.39 |
| Park at Forest Hill | A2 | 1BR,1BA | $1.42 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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See the most popular apartments and homes in Independence, MS
Frequently Asked Questions about Independence
What type of rentals are currently available in Independence?
There are currently 35 Apartments for Rent in Independence, MS with pricing that ranges from $937 to $3,250. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Independence ranging from $950 to $2,830.
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 $950 to $2,830 with an average monthly rent of $1,904.
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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.