Cheap Apartments for Rent near Lake Cormorant, MS from $600 (32 Rentals)

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

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Chapel Place Homes
3 to 4 Bedroom Apartments

Chapel Place Homes

5228 Whistling Duck DrMemphis, TN 38109

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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.

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 $617. 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$617
Wesley Forest1x1Wesley Forest1BR,1BA$700
Weaver Fields ApartmentsOne1BR,1BA$725
Colonial Village Apartments2 Bedroom2BR,1BA$875
Sutton at Shelby2 Bedroom 1.5 Bathroom2BR,1BA$875
Welcome to Holmes Pointe Apartments!Your New Home Has It All: W/D, 24/7 Maintenance...2BR,1BA$899
Faronia Square2 bdr 1.5 ba Plan IV2BR,1BA$900
Hunter Oaks Apartments2 Bedroom2BR,1BA$925
The Crossings at Tunica1x1 Classic1BR,1BA$949
Shelby Pointe TownhomesB12BR,1BA$980

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

As of July 26, 2026 the best value apartment in the Lake Cormorant area is the $1.08 price per square foot 3 Bedroom, 2 Bathroom Model at Weatherstone Apartments in the in the DeSoto County neighborhood starting from $1,599. The second greatest value Lake Cormorant apartment is the 2 bdr 1.5 ba Plan I Model at Faronia Square starting at $910 with a $0.76 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.
Weatherstone Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.08
Faronia Square2 bdr 1.5 ba Plan I2BR,1.5BA$0.76
Shelby Pointe TownhomesB12BR,1.5BA$0.89
Indigo at 612 Bedroom 2 Bath2BR,2BA$0.95
Sutton at Shelby2 Bedroom 1.5 Bathroom2BR,1.5BA$0.85
Greenway Apartments2 Beds, 2 Baths2BR,2BA$1.11
Colonial Village Apartments2 Bedroom2BR,1BA$0.97
Weaver Fields ApartmentsOne1BR,1BA$0.94
Mill Creek Apartments1 Bedroom / 1 Bathroom1BR,1BA$0.95
Wesley Forest1x1Wesley Forest1BR,1BA$1.06

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $617 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 $733 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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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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.