Cheap Apartments for Rent near Lauderdale, MS from $500 (24 Rentals)

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

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.

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.

property at 134 Skyland Dr

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Townhome for Rent

Available Now

134 Skyland Dr, Unit 134 Skyland Dr. B

134 Skyland Dr
MeridianMS39301
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Forest Manor
1 to 2 Bedroom Apartments

Forest Manor

511 Vanity Fair AveButler, AL 36904
Senior Living
  • Utilities Included
property at 3350 27th Ave

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

3 Bedroom, 1 Bath Home for Rent

Available Now

3350 27th Ave

MeridianMS39305
property at 9209 Morgan Rd

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

3 Bedroom, 1 Bath Home for Rent

Available Now

9209 Morgan Rd

MeridianMS39307

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.

Lauderdale, MS Local Guide

Cheapest Available Lauderdale Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lauderdale, MS is a 1 Bed unit found at Boundary Estates priced from $599. Alex Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable Lauderdale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Boundary Estates1 Bed/ 1 Bath1BR,1BA$599
Alex Place Apartments1 Bed/1 Bath1BR,1BA$699
Pebble Creek Apartments2 Bed/1 Bath2BR,1BA$725
Rain Tree Estates2 Bed/ 2 Bath2BR,2BA$725
Hillcrest Estates2 Bed/ 2 Bath2BR,2BA$749

Best Value Apartments for Rent in Lauderdale, MS and Nearby

As of July 12, 2026 the best value apartment in the Lauderdale area is the $1.06 price per square foot 3 Bedroom, 2 Bathroom Model at Bonita Ridge Apartments in the starting from $1,150. The second greatest value Lauderdale apartment is the 3 Bed/ 2 Bath Model at Hillcrest Estates starting at $899 with a $0.86 price per square foot . Here is today’s list of the best values for Lauderdale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bonita Ridge Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.06
Hillcrest Estates3 Bed/ 2 Bath3BR,2BA$0.86
Rain Tree Estates3 Bed/ 2 Bath3BR,2BA$0.81
Alex Place Apartments2 Bed/1 Bath2BR,1BA$0.92
Pebble Creek Apartments2 Bed/1 Bath2BR,1BA$0.80
Oak Manor Apartment Homes2 bedroom 1 bathroom Deluxe2BR,1BA$1.03
Regency ApartmentsTwo Bedroom2BR,1BA$1.12
Heritage Place Apartments1BR/1BA1BR,2.5BA$1.09
Courtyard Apartment HomesCharming 1-Bedroom Apartment with Pool View!1BR,1BA$1.30
Boundary Estates1 Bed/ 1 Bath1BR,1BA$0.92

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

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Frequently Asked Questions about Cheap Lauderdale Apartments

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

The lowest price for a Cheap One Bedroom Lauderdale Apartment is $599 at Boundary Estates.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lauderdale is starting from $725 at Pebble Creek Apartments.

What is the most affordable Lauderdale Three Bedroom Apartment?

The best deal on a cheap Lauderdale Three Bedroom Apartment rental is at Pebble Creek Apartments and starts from $825.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.