Cheap Apartments for Rent in the Downtown Jackson Neighborhood of Jackson, TN from $400 (20 Rentals)

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

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.

property at 201 E Lafayette St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Now

201 E Lafayette St

JacksonTN38301
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Jackson Walk
Rent Specials
$1,125 - $1,860
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,860

Total Monthly Price
$1,125 - $1,860
1 to 2 Bedroom Apartments Available Now

Jackson Walk

102 Jackson Walk PlzJackson, TN 38301
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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Whitehall Cove
1 to 3 Bedroom Apartments

Whitehall Cove

714 Whitehall StJackson, TN 38301

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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610 E College St
Studio to 2 Bedroom Apartments

610 E College St

610 E College StJackson, TN 38301
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Royal Arms Apartments
1 to 4 Bedroom Apartments

Royal Arms Apartments

1580 N Royal StJackson, TN 38301
  • Utilities Included
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Ridge at Jackson
1 to 3 Bedroom Apartments

Ridge at Jackson

100 Rich Smith WayJackson, TN 38301
  • Utilities Included

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Renaissance Center
Studio to 1 Bedroom Apartments

Renaissance Center

217 E Deadrick StJackson, TN 38301

Cheapest Available Downtown Jackson Apartments for Rent

 

The cheapest available apartment rental in the Downtown Jackson area of Jackson, TN is a 1 Bed unit found at Patrician Terrace Apartment Homes priced from $689. Bradford Chase has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here are the most affordable Downtown Jackson apartments for rent in Jackson, TN:

Apartment ListingModel NameBed/BathPriced From
Patrician Terrace Apartment Homes1x11BR,1BA$689
Bradford ChaseThe Patriot1BR,1BA$1,049
The Pointe at 731Two Bedroom2BR,2BA$1,099
The Pointe at Ridge Cove2 Bedroom2BR,2BA$1,099
The Pointe at BoardwalkTwo Bedroom2BR,2BA$1,099

Best Value Apartments for Rent in Downtown Jackson, TN

As of April 16, 2026 the best value apartment in the Downtown Jackson area is the $1.10 price per square foot 136 McCowat St Model at 136 McCowat St, Unit A in the in the Downtown Jackson neighborhood starting from $1,800. The second greatest value Downtown Jackson apartment is the 321 Lambuth Blvd Model at 321 Lambuth Blvd, Unit A starting at $1,650 with a $1.10 price per square foot in the Downtown Jackson 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.
136 McCowat St, Unit A136 McCowat St3BR,2BA$1.10
321 Lambuth Blvd, Unit A321 Lambuth Blvd3BR,2.5BA$1.10
Suites of LarueModel2A2BR,2BA$1.00
402 N Highland Ave, Unit B402 N Highland Ave2BR,1BA$0.85
Patrician Terrace Apartment Homes3x23BR,2BA$1.06
Chapel Ridge Jackson3 Bedroom 2 Bath3BR,2BA$1.22
The Pointe at BoardwalkOne Bedroom1BR,1BA$1.07
396 N Highland Ave, Unit 2396 N Highland Ave2BR,1BA$1.03
The Pointe at 731One Bedroom1BR,1BA$1.15
The Pointe at Ridge Cove1 Bedroom1BR,1BA$1.23

Frequently Asked Questions about Cheap Downtown Jackson Apartments

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

The cheapest apartment in Downtown Jackson is Patrician Terrace Apartment Homes which is listed at $689, while the average apartment in Downtown Jackson costs $1,325.

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 22 regular apartments in Downtown Jackson that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Jackson?

Cheap apartments in Downtown Jackson have an average cost of $588 which is $737 cheaper than the average rent for all rentals in Downtown Jackson.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.