Cheap Homes for Rent in Jackson, MS from $500 (50 Rentals)

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Jackson, MS Local Guide

Cheapest Neighborhoods for Apartments in Jackson, MS

Pricing Updated: 06/28/2025

Current apartment rentals in the Jackson, MS area range in price from $500 to $5,716 with an overall median price of $1,585. The three Jackson neighborhoods with the lowest median rent pricing are Poindexter Park Historic District at $500, West Jackson at $500, and South West at $500. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Jackson Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Poindexter Park Historic District$1,025$500142
West Jackson$1,100$500161
South West$1,167$500170
Outer Downtown Belhaven$1,225$75512
City Center Jackson$1,244$500120
South Jackson$1,300$500215
West Capitol Street Historic District$1,300$688107
North Jackson$1,365$500320
Belhaven$1,750$755106
Belhaven Heights Historic District$1,750$755106

Cheapest Available Jackson Apartments for Rent

 

The cheapest available apartment rental in Jackson, MS is a 1 Bed unit found at Vintage Apartments in the Poindexter Park Historic District neighborhood priced from $625. Forest Ridge in the North Jackson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $655. Here is today’s list of the most affordable Jackson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vintage Apartments1x1R1BR,1BA$625
Forest Ridge1 Bedroom / 1 Bath1BR,1BA$655
Magnolia ParkOne Bedroom One Bath 501BR,1BA$688
The Park at Queens Court1 Bedroom / 1 Bathroom Silver Prep1BR,1BA$715
Briarcliff South2x12BR,1BA$725
WestwoodA11BR,1BA$725
Creekside Apartments1 Bedroom1BR,1BA$745
Meadow Creek Apartments2/12BR,1BA$750
The Retreat at Lakeside Apartments1 BD 1 BA1BR,1BA$750
Blue Haven Villas1 Bed, 1 bath1BR,1BA$750

Best Value Apartments for Rent in Jackson, MS

As of June 28, 2025 the best value apartment in the 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 Jackson apartment is the Loft TBA (awaiting future vacancy) Model at 736 Dickies Lofts starting at $800 with a $0.53 price per square foot in the Poindexter Park Historic District neighborhood. Here is today’s list of the best values for Jackson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
516 Lorenz Blvd, Unit C516 Lorenz Blvd2BR,1.5BA$0.61
736 Dickies LoftsLoft TBA (awaiting future vacancy)1BR,1BA$0.53
Arbor Park Apartments3 Bedroom3BR,2BA$0.93
Cameron Park Apartments2 Bedroom2BR,2BA$0.90
Carrington Townhomes2 Bedroom Townhome Renovated2BR,1.5BA$0.95
Hallmark Gardens3X23BR,2BA$0.81
971 Morningside St2 Beds, 2 baths2BR,2BA$0.86
Meadow Creek Apartments2/12BR,1BA$0.93
Forest Ridge1 Bedroom / 1 Bath1BR,1BA$0.91
Vintage Apartments1x1R1BR,1BA$0.98

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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Frequently Asked Questions about Jackson

What type of rentals are currently available in Jackson?

There are currently 310 Apartments for Rent in Jackson, MS with pricing that ranges from $500 to $5,716. There are also 129 Single Family Homes for rent, Condos, and Townhome rentals currently available in Jackson ranging from $500 to $4,700.

What is the current price range for Rental Homes in Jackson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Jackson ranges from $500 to $4,700 with an average monthly rent of $1,267.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.