
Cheap Homes for Rent in Lawrence, MS from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lawrence.


450 Derrick St

2213 23rd Ave

339 Dubose St

337 Dubose St
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.

307 E Ridgeway St

327 Dubose St

604 King Richard Rd

2566 Williamson Ave

352 Brendalwood Cove
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.

4833 N State St
Lawrence, MS Local Guide

How much does it cost to rent a home in Lawrence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lawrence 2 Bedroom Homes for Rent | $1,102 | $715 | $1,700 |
| Lawrence 3 Bedroom Homes for Rent | $1,628 | $850 | $2,595 |
| Lawrence 4 Bedroom Homes for Rent | $2,570 | $1,250 | $6,500 |
| Lawrence 5 Bedroom Homes for Rent | $1,497 | $1,497 | $1,497 |
Browse Top Homes for Rent in Lawrence
Explore Lawrence
Lawrence, MS Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lawrence Apartments for Rent and Nearby
 The cheapest available apartment rental in Lawrence, 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 Lawrence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Normandy Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $600 |
| Shadowood Park | 1 Bed/1 Bath | 1BR,1BA | $680 |
| Oak Manor Apartment Homes | 2 bedroom 1 bathroom Classic | 2BR,1BA | $840 |
| Courtyard Apartment Homes | Charming 1-Bedroom Apartment with Pool View! | 1BR,1BA | $845 |
| 7 Westhaven Dr | 2 Bed / 1 Bath | 2BR,1BA | $850 |
Best Value Apartments for Rent in Lawrence, MS and Nearby
As of May 07, 2026 the best value apartment in the Lawrence 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 Lawrence 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 Lawrence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadowood Park | 3 Bed 2 Bath | 3BR,2BA | $0.90 |
| Lake Forest Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $0.95 |
| Crosswinds Apartments | 1BR 1BA (1200 SF) | 1BR,1BA | $1.21 |
| Northgate Apartments | Two Bedroom Townhouse- Two Bedroom-1.5 Bath | 2BR,1.5BA | $0.99 |
| The Mark Apartments | 2 bedroom 2 bathroom | 2BR,2BA | $1.18 |
| Northwood Place | The Magnolia | 2BR,2BA | $1.16 |
| Longwood Townhomes | 2 Bed One and Half Bath | 2BR,1.5BA | $1.06 |
| Oak Manor Apartment Homes | 2 bedroom 1 bathroom Platinum | 2BR,1BA | $1.18 |
| Meadows Apartments | One Bedrooms | 1BR,1BA | $1.21 |
| Normandy Manor Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.85 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lawrence, MS Rentals by Map
See the most popular apartments and homes in Lawrence, MS
Frequently Asked Questions about Lawrence
What type of rentals are currently available in Lawrence?
There are currently 42 Apartments for Rent in Lawrence, MS with pricing that ranges from $600 to $3,484. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lawrence ranging from $715 to $6,500.
What is the current price range for Rental Homes in Lawrence?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lawrence ranges from $715 to $6,500 with an average monthly rent of $1,699.
How much are larger Three and Four Bedroom Rentals in Lawrence?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lawrence range from $890 to $3,484, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,595. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,949.
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

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.

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.

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.

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.