
Cheap Homes for Rent in Downtown Jackson Neighborhood of Jackson, MS from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Jackson area of Jackson.


3002-3008 North West Street, Unit 3008

810 Madison St, Unit c

450 Derrick St

803 N Congress St

803 N Congress St, Unit D, Unit D
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.

308 Josanna St

3026 Bishop Ave

307 E Ridgeway St

2934 Randolph St

803 N Congress St, Unit B, Unit B

509 Lorenz Blvd
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.

1313 Hazel St, Unit 1313 Hazel St. unit 2

340 Audubon Pl

509 Lorenz Blvd

353 E Ridgeway St

3737 Bishop Ave

320 McTyere Ave
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.
Downtown Jackson, Jackson, MS Local Guide

How much does it cost to rent a home in Downtown Jackson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Jackson 2 Bedroom Homes for Rent | $1,586 | $995 | $2,750 |
| Downtown Jackson 3 Bedroom Homes for Rent | $1,390 | $850 | $2,570 |
| Downtown Jackson 4 Bedroom Homes for Rent | $1,440 | $1,195 | $1,775 |
| Downtown Jackson 5 Bedroom Homes for Rent | $1,497 | $1,497 | $1,497 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Jackson Neighborhood of Jackson, MS.
Explore Jackson
Downtown Jackson, Jackson, MS Local Guide
- Nearby Jackson neighborhoods
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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 Nejam Properties priced from $755. Highland Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Downtown Jackson apartments for rent in Jackson, MS:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Nejam Properties | 1 Bed, 1 bath | 1BR,1BA | $755 |
| Highland Hills | 1 Bedroom, 1 Bath B | 1BR,1BA | $765 |
| Nejam Properties | 1 Bed, 1 bath | 1BR,1BA | $855 |
| Morningside Terrace | 1BR/1BA | 1BR,1BA | $875 |
| The Pointe at East River Place | 0X1 | Studio,1BA | $890 |
Best Value Apartments for Rent in Downtown Jackson, MS
As of May 08, 2026 the best value apartment in the Downtown Jackson area is the $0.61 price per square foot 516 Lorenz Blvd Model at 516 Lorenz Blvd, Unit C in the in the Poindexter Park Historic District neighborhood starting from $1,100. The second greatest value Downtown Jackson apartment is the 2 Bedroom Flat Model at Standard Life Flats starting at $1,391 with a $1.11 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 516 Lorenz Blvd, Unit C | 516 Lorenz Blvd | 2BR,1.5BA | $0.61 |
| Standard Life Flats | 2 Bedroom Flat | 2BR,2BA | $1.11 |
| 736 Dickies Lofts | Loft studio 303 | Studio ,1BA | $1.32 |
| Hallmark Gardens | 3X2 | 3BR,2BA | $0.81 |
| Nejam Properties | 907 Morningside | 1BR,1BA | $1.15 |
| Nejam Properties | 2 Beds, 2 baths | 2BR,2BA | $1.16 |
| Nejam Properties | 1 Bed, 1 bath | 1BR,1BA | $1.31 |
| Nejam Properties | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
| Morningside Terrace | 1BR/1BA | 1BR,1BA | $1.09 |
| Highland Hills | 1 Bedroom, 1 Bath B | 1BR,1BA | $1.07 |
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.
Pet Friendly LifestyleDowntown Jackson, Jackson, MS
Ranked #9
Among cities in Mississippi for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown Jackson
What type of rentals are currently available in Downtown Jackson?
There are currently 129 Apartments for Rent in Downtown Jackson, MS with pricing that ranges from $550 to $3,206. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Jackson ranging from $550 to $2,750.
What is the current price range for Rental Homes in Downtown Jackson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Jackson ranges from $550 to $2,750 with an average monthly rent of $1,354.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.