Cheap Apartments for Rent in Indianola, MS from $500 (16 Rentals)

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

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.

property at 990 Ada St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

3 Bedroom, 2 Bath Home for Rent

Available Now

990 Ada St

GreenvilleMS38703
property at 264 Mill Rd

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

4 Bedroom, 1 Bath Home for Rent

Available Now

264 Mill Rd

GreenvilleMS38701

Cash 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.

Indianola, MS Local Guide

Cheapest Available Indianola Apartments for Rent and Nearby

 

The cheapest available apartment rental in Indianola, MS is a 1 Bed unit found at Country Club priced from $600. Delta Village Mobile Home Community has the second lowest priced unit, which is a 3 Beds apartment currently listed from $650. Here is today’s list of the most affordable Indianola apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Country Club1x1Country Club1BR,1BA$600
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
Farmview Estates2X12BR,1BA$700
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$710
Yazoo Estates2x12BR,1BA$800

Best Value Apartments for Rent in Indianola, MS and Nearby

As of June 11, 2026 the best value apartment in the Indianola area is the $1.17 price per square foot Two Bedroom Two Bath Upgrade Model at The Mark in the starting from $1,290. The second greatest value Indianola apartment is the 2x2 Model at Grenada Estates starting at $807 with a $0.74 price per square foot . Here is today’s list of the best values for Indianola apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The MarkTwo Bedroom Two Bath Upgrade2BR,2BA$1.17
Grenada Estates2x22BR,2BA$0.74
Broadway Commons2x12BR,1BA$0.83
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$0.68
Bowmanor Garden Apartments2BD/1.5BA (Townhouse)2BR,1.5BA$1.02
Farmview Estates2X12BR,1BA$0.78
Yazoo Estates3x23BR,2BA$1.29
Country Club1x1Country Club1BR,1BA$0.88
Cypresswoods Apartments1 Bedroom1BR,1BA$1.27
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$1.35

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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Indianola, MS Area Reviews

    Rickey2+ years in Indianola

    February 7, 2026

    Nice house

    Frequently Asked Questions about Cheap Indianola Apartments

    How much is rent for a Cheap One Bedroom Indianola Apartment?

    The lowest price for a Cheap One Bedroom Indianola Apartment is $600 at Country Club.

    What is the lowest price for a Cheap Two Bedroom Indianola Apartment for rent?

    Today's best deal for a Cheap Two Bedroom Apartment in Indianola is starting from $700 at Farmview Estates.

    What is the most affordable Indianola Three Bedroom Apartment?

    The best deal on a cheap Indianola Three Bedroom Apartment rental is at Delta Village Mobile Home Community and starts from $650.

    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

    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.

    decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

    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.

    decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

    Creative Ways Developers Reimagine Retail Spaces as Residential Units

    Written by: Robin Stewart

    Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

    decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

    Neighborhood and Market Insights: How to Choose the Right Area to Rent

    Written by: Robin Stewart

    Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.