Cheap Apartments for Rent in Lake, MS from $600 (38 Rentals)

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

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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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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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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Showing Results 1-38, Page 1 of 1

Lake, MS Local Guide

Cheapest Available Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake, MS is a 1 Bed unit found at Normandy Manor Apartments priced from $600. Shadowood Park in the Downtown Laurel neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $680. Here is today’s list of the most affordable Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Normandy Manor Apartments1 Bed 1 Bath1BR,1BA$600
Shadowood Park1 Bed/1 Bath1BR,1BA$680
Landmark Apartment Homes1 BED 1 BATH1BR,1BA$725
Oak Manor Apartment Homes1 bedroom 1 bathroom classic1BR,1BA$800
Courtyard Apartment HomesCharming 1-Bedroom Apartment with Pool View!1BR,1BA$845
Meadows ApartmentsOne Bedrooms1BR,1BA$910
Casa Bello Fully Furnished Apartments1Bed 1Bath1BR,1BA$925
East Gate Apartments1 Bedroom Apartment in North Meridian – Newly R...1BR,1BA$975
The Park at Cornwall1 Bedroom / 1 Bathroom Silver1BR,1BA$1,015
Woods of Lakeland1 bedroom small1BR,1BA$1,073

Best Value Apartments for Rent in Lake, MS and Nearby

As of May 09, 2026 the best value apartment in the Lake area is the $0.90 price per square foot 3 Bed 2 Bath Model at Shadowood Park in the in the Downtown Laurel neighborhood starting from $1,150. The second greatest value Lake apartment is the 3 Bedroom, 2 Bathroom Model at Lake Forest Apartments starting at $1,205 with a $0.95 price per square foot . Here is today’s list of the best values for Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shadowood Park3 Bed 2 Bath3BR,2BA$0.90
Lake Forest Apartments3 Bedroom, 2 Bathroom3BR,2BA$0.95
Crosswinds Apartments1BR 1BA (1200 SF)1BR,1BA$1.24
Northgate ApartmentsTwo Bedroom Townhouse- Two Bedroom-1.5 Bath2BR,1.5BA$0.99
The Mark Apartments2 bedroom 2 bathroom2BR,2BA$1.18
Ridgeland Place Apartment HomesOak2BR,2BA$1.05
Northwood PlaceThe Magnolia2BR,2BA$1.16
Meadows ApartmentsOne Bedrooms1BR,1BA$1.21
Normandy Manor Apartments1 Bed 1 Bath1BR,1BA$0.85
Landmark Apartment Homes1 BED 1 BATH1BR,1BA$1.05

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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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 Cheap Lake Apartments

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

The lowest price for a Cheap One Bedroom Lake Apartment is $600 at Normandy Manor Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake is starting from $680 at Normandy Manor Apartments.

What is the most affordable Lake Three Bedroom Apartment?

The best deal on a cheap Lake Three Bedroom Apartment rental is at Oak Manor Apartment Homes and starts from $1,085.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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.

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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.