Cheap Apartments for Rent in Lake Cormorant, MS from $600 (50 Rentals)

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

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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Chapel Place Homes
3 to 4 Bedroom Apartments

Chapel Place Homes

5228 Whistling Duck DrMemphis, TN 38109

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Lake Cormorant, MS Local Guide

Cheapest Available Lake Cormorant Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Cormorant, MS is a 1 Bed unit found at Mill Creek Apartments in the South Memphis neighborhood priced from $633. Wesley Forest in the South Memphis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Lake Cormorant apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$633
Wesley Forest1x1Wesley Forest1BR,1BA$700
Weaver Fields ApartmentsOne1BR,1BA$725
Greenway Apartments1 Beds, 1 Baths1BR,1BA$780
Colonial Village Apartments2 Bedroom2BR,1BA$875
Sutton at Shelby2 Bedroom 1.5 Bathroom2BR,1BA$875
Hunter Oaks Apartments2 Bedroom2BR,1BA$890
Holmes Pointe ApartmentsB12BR,1BA$899
The Lexington1 Bed 1 Bath Renovated1BR,1BA$954
Lakeside Vintage2 Bedroom 2 Bath2BR,2BA$975

Best Value Apartments for Rent in Lake Cormorant, MS and Nearby

As of April 24, 2026 the best value apartment in the Lake Cormorant area is the $1.17 price per square foot 3 Bedroom Model at The Trace at 161 in the in the McKeller neighborhood starting from $1,575. The second greatest value Lake Cormorant apartment is the B1 Model at TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr! starting at $1,025 with a $0.93 price per square foot in the South Memphis neighborhood. Here is today’s list of the best values for Lake Cormorant apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Trace at 1613 Bedroom3BR,2BA$1.17
TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!B12BR,1.5BA$0.93
Lakeside Vintage2 Bedroom 2 Bath2BR,2BA$0.96
Colonial Village Apartments2 Bedroom2BR,1BA$0.97
Weatherstone Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.15
Hunter Oaks Apartments2 Bedroom2BR,1.5BA$1.15
Weaver Fields ApartmentsOne1BR,1BA$0.94
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$0.89
Greenway Apartments1 Beds, 1 Baths1BR,1BA$1.11
Wesley Forest1x1Wesley Forest1BR,1BA$1.06

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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Lake Cormorant, MS

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Remember the 3 Rules of Real Estate:
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Explore Lake Cormorant, MS Rentals by Map

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See the most popular apartments and homes in Lake Cormorant, MS

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Frequently Asked Questions about Cheap Lake Cormorant Apartments

How much is rent for a Cheap One Bedroom Lake Cormorant Apartment?

The lowest price for a Cheap One Bedroom Lake Cormorant Apartment is $633 at Mill Creek Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Cormorant is starting from $734 at Mill Creek Apartments.

What is the most affordable Lake Cormorant Three Bedroom Apartment?

The best deal on a cheap Lake Cormorant Three Bedroom Apartment rental is at Wesley Forest and starts from $950.

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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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.

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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.

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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.

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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.