Cheap Apartments for Rent in Lee County, MS from $300 (12 Rentals)

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

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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Carnation Village
1 to 2 Bedroom Apartments

Carnation Village

514 Carnation StTupelo, MS 38801
Senior Living
  • Utilities Included
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Magnolia Place
2 Bedroom Apartments

Magnolia Place

213 N Foster DrTupelo, MS 38801
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Jackson West
2 Bedroom Apartments

Jackson West

2604 W Jackson StTupelo, MS 38801
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Magnolia Villas
2 Bedroom Apartments

Magnolia Villas

3765 Highway 178Mooreville, MS 38857
  • Utilities Included

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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.

Cheapest Available Lee County Apartments for Rent

 

The cheapest available apartment rental in Lee County, MS is a 1 Bed unit found at Oakwood Village Apartments priced from $800. Monarch Creek has the second lowest priced unit, which is a 2 Beds apartment currently listed from $910. Here is today’s list of the most affordable Lee County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$800
Monarch Creek2 Bedroom 2 Bathroom - Deluxe2BR,2BA$910
The Meadows on Main1 bedroom1BR,1BA$925
Boggan Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$975
Trace Ridge1 bdrm 1 bath1BR,1BA$999

Best Value Apartments for Rent in Lee County, MS

As of May 10, 2026 the best value apartment in the Lee County area is the $0.98 price per square foot 2 Bedroom 1 - 1/2 Bathroom Townhouse Deluxe Model at King's Creek in the starting from $1,180. The second greatest value Lee County apartment is the Building D Interior Model at Somerset Parc starting at $1,500 with a $1.34 price per square foot . Here is today’s list of the best values for Lee County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
King's Creek2 Bedroom 1 - 1/2 Bathroom Townhouse Deluxe2BR,1.5BA$0.98
Somerset ParcBuilding D Interior2BR,2.5BA$1.34
Northpark ApartmentsHamilton Court Duplex2BR,2BA$1.33
Boggan Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.02
The Westerly2 Bedroom 2 Bathroom - Premium2BR,2BA$1.49
Monarch Creek2 Bedroom 2 Bathroom - A1- Standard2BR,2BA$1.11
Pines at Barnes Crossing1A1BR,1BA$1.33
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$1.09
Trace Ridge1 bdrm 1 bath1BR,1BA$1.38
Gloster Flats1 Bedroom 1 Bathroom - Premium1BR,1BA$1.51

Frequently Asked Questions about Cheap Lee County Apartments

What is the price of a cheap apartment in Lee County?

The cheapest apartment in Lee County is Oakwood Village Apartments which is listed at $800, while the average apartment in Lee County costs $1,445.

What types of apartments are the cheapest in Lee County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 13 regular apartments in Lee County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lee County?

Cheap apartments in Lee County have an average cost of $222 which is $1,223 cheaper than the average rent for all rentals in Lee County.

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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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.

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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.