Cheap Apartments for Rent in the Downtown Jackson Neighborhood of Jackson, MS from $346 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Jackson area of Jackson.

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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Capitol Art Lofts
1 to 2 Bedroom Apartments

Capitol Art Lofts

210-236 W Capitol StJackson, MS 39201
  • Utilities Included
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The Rio Apartments
1 Bedroom Apartments

The Rio Apartments

645 Rio StJackson, MS 39202
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Ashton Gardens
1 Bedroom Apartments

Ashton Gardens

3450 Albermarle RdJackson, MS 39213
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Northwest Plaza
1 to 3 Bedroom Apartments

Northwest Plaza

1605 N West StJackson, MS 39202
  • Utilities Included

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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Deville Apartments
1 to 2 Bedroom Apartments

Deville Apartments

700-712 N Jefferson StJackson, MS 39202
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857 Jefferson St
1 Bedroom Apartments

857 Jefferson St

857 Jefferson StJackson, MS 39202
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948 Bellevue Pl
1 to 2 Bedroom Apartments

948 Bellevue Pl

948 Bellevue PlJackson, MS 39202
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Belhaven Springs
1 to 2 Bedroom Apartments

Belhaven Springs

730 N Jefferson StJackson, MS 39202
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1121 Moody St
1 Bedroom Apartments

1121 Moody St

1121 Moody StJackson, MS 39202
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Belhaven Gardens
1 to 2 Bedroom Apartments

Belhaven Gardens

731-801 Jefferson StJackson, MS 39202
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One University Place
1 to 2 Bedroom Apartments

One University Place

1100 John R. Lynch StJackson, MS 39203
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Crescent Corner
1 Bedroom Apartments

Crescent Corner

796 Lorraine StJackson, MS 39202
  • Utilities Included

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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The Cade Courtyard
1 to 2 Bedroom Apartments

The Cade Courtyard

1035 W Mayes StJackson, MS 39213
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Admiral Apartments
Studio to 1 Bedroom Apartments

Admiral Apartments

905 N State StJackson, MS 39202
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721 Apartments
1 Bedroom Apartments

721 Apartments

721 N State StJackson, MS 39202
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Pagoda Village
1 to 2 Bedroom Apartments

Pagoda Village

1355 Jefferson StJackson, MS 39202
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Holly Hill Apartments
2 to 3 Bedroom Apartments

Holly Hill Apartments

4555 Holly DrJackson, MS 39206
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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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Downtown Jackson, Jackson, MS Local Guide

Cheapest Available Downtown Jackson Apartments for Rent

 

The cheapest available apartment rental in the Downtown Jackson area of Jackson, MS is a 1 Bed unit found at Highland Hills priced from $700. Nejam Properties has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Downtown Jackson apartments for rent in Jackson, MS:

Apartment ListingModel NameBed/BathPriced From
Highland Hills1 Bedroom, 1 Bath A1BR,1BA$700
Nejam Properties1 Bed, 1 bath1BR,1BA$755
Walthall LoftsWalthall Studio EStudio,1BA$799
Nejam Properties1 Bed, 1 bath1BR,1BA$855
Morningside Terrace1BR/1BA1BR,1BA$875
The Pointe at East River Place0X1Studio,1BA$890
647 Rio StreetRenovated1BR,1BA$950
The Courthouse at Walthall LoftsCH-EdiStudio,1BA$999
Nejam Properties1 Bed, 1 bath1BR,1BA$1,045
Standard Life Flats1 Bedroom Flat1BR,1BA$1,183

Best Value Apartments for Rent in Downtown Jackson, MS

As of August 23, 2026 the best value apartment in the Downtown Jackson area is the $1.09 price per square foot Unit 403 Model at 736 Dickies Lofts in the in the Poindexter Park Historic District neighborhood starting from $1,750. The second greatest value Downtown Jackson apartment is the 2 Beds, 2 baths Model at Nejam Properties starting at $1,155 with a $1.16 price per square foot in the Poindexter Park Historic District neighborhood. Here is today’s list of the best values for Downtown Jackson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
736 Dickies LoftsUnit 403Studio ,1BA$1.09
Nejam Properties2 Beds, 2 baths2BR,2BA$1.16
Nejam Properties1 Bed, 1 bath1BR,1BA$1.31
Nejam Properties2 Beds, 1 bath2BR,1BA$1.09
Morningside Terrace1BR/1BA1BR,1BA$1.09
Standard Life FlatsAnnex Apartment1BR,1BA$1.56
647 Rio StreetRenovated1BR,1BA$1.46
The Pointe at East River Place0X1Studio ,1BA$1.66
Highland Hills1 Bedroom, 1 Bath A1BR,1BA$1.36
Nejam Properties1 Bed, 1 bath1BR,1BA$1.71

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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Quick 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.

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Pet Friendly Lifestyle
Downtown Jackson, Jackson, MS

Ranked #5

Among cities in Mississippi for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Downtown Jackson, Jackson, and the greater Jackson area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Jackson Apartments

What is a cheap apartment in Downtown Jackson?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Jackson is under $1,183.

What is the price of a cheap apartment in Downtown Jackson?

The cheapest apartment in Downtown Jackson is Highland Hills which is listed at $700, while the average apartment in Downtown Jackson costs $1,253.

What types of apartments are the cheapest in Downtown Jackson?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Downtown Jackson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.

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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.

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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.