
Cheap Apartments for Rent in Lyon, MS from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Lyon.


Country Club

Vantage Point Apartments - Carriage House

Farmview Estates

Sunset Village Apartments

Greenway Apartments

Chapel Ridge Apartments

Grenada Estates
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.

Anderson Estates

Indigo at 61

The Links & The Greens at Oxford

Heritage Park

The Lexington

The Crossings at Tunica

Weatherstone Apartments

Lakeside Vintage
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.

The Crescent at 161

The Luxe of Southaven

Southaven Pointe Apartments

Gramercy East Apartments

MALMAISON VILLAS

Civic Center West Apartments

MAGNOLIAS AT HERNANDO

The Trace at 161
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.

Hamilton at Turman Farms Apartments

Avalon at Horn Lake

Civic Center East Apartments

35 Parkdale

316 N 11th

427 Union St

90 Widows Rd

Pine Grove Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

223 Cedar Ridge Cove

1113 Espy Dr

120 Dandridge Rd

156 Rader Creek Rd

113 Nikki Dr

Modena at Mallard Creek

5826 Laurie Dr

629 Catalpa St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Lyon, MS Local Guide

How much does it cost to rent an apartment in Lyon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lyon Studio Apartments | $1,168 | $1,168 | $1,168 |
| Lyon 1 Bedroom Apartments | $1,333 | $600 | $1,900 |
| Lyon 2 Bedroom Apartments | $1,565 | $640 | $2,450 |
| Lyon 3 Bedroom Apartments | $1,861 | $750 | $2,750 |
| Lyon 4 Bedroom Apartments | $1,670 | $699 | $3,200 |
Browse Top Apartments in Lyon
See all Apartments in LyonExplore Lyon
Lyon, MS Local Guide
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Cheapest Available Lyon Apartments for Rent and Nearby
 The cheapest available apartment rental in Lyon, MS is a 2 Beds unit found at Vantage Point Apartments - Carriage House priced from $650. Flatts at South Campus in the The Square neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here is today’s list of the most affordable Lyon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vantage Point Apartments - Carriage House | Park View | 2BR,2BA | $650 |
| Flatts at South Campus | 4 Bedroom (D3) | 4BR,3BA | $699 |
| Sunset Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $710 |
| Greenway Apartments | 1 Beds, 1 Baths | 1BR,1BA | $780 |
| Grenada Estates | 2x2 | 2BR,2BA | $807 |
| Indigo at 61 | 2 Bedroom 2 Bath | 2BR,2BA | $899 |
| The Links & The Greens at Oxford | Custom | Links | 1BR,1BA | $900 |
| Heritage Park | 2 Bedroom Two Bathroom | 2BR,2BA | $912 |
| The Lexington | 1 Bed 1 Bath Renovated | 1BR,1BA | $952 |
| The Crossings at Tunica | 2x2 Classic | 2BR,2BA | $999 |
Best Value Apartments for Rent in Lyon, MS and Nearby
As of April 27, 2026 the best value apartment in the Lyon area is the $1.08 price per square foot 3 Bedroom, 2 Bathroom Model at Weatherstone Apartments in the in the McKeller neighborhood starting from $1,599. The second greatest value Lyon apartment is the 3 Bedroom Model at The Trace at 161 starting at $1,575 with a $1.17 price per square foot in the McKeller neighborhood. Here is today’s list of the best values for Lyon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Weatherstone Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.08 |
| The Trace at 161 | 3 Bedroom | 3BR,2BA | $1.17 |
| Grenada Estates | 2x2 | 2BR,2BA | $0.74 |
| The Crescent at 161 | Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.29 |
| Lakeside Vintage | 2 Bedroom 2 Bath | 2BR,2BA | $0.98 |
| Flatts at South Campus | 3 Bedroom (C1) | 3BR,3BA | $0.89 |
| The Crossings at Tunica | 2x2 Platinum | 2BR,2BA | $1.22 |
| Heritage Park | 2 Bedroom Two Bathroom | 2BR,2BA | $0.98 |
| Vantage Point Apartments - Carriage House | Vantage Point | 2BR,2BA | $1.00 |
| Greenway Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.11 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Lyon, MS Rentals by Map
See the most popular apartments and homes in Lyon, MS
Frequently Asked Questions about Cheap Lyon Apartments
How much is rent for a Cheap One Bedroom Lyon Apartment?
The lowest price for a Cheap One Bedroom Lyon Apartment is $650 at Vantage Point Apartments - Carriage House.
What is the lowest price for a Cheap Two Bedroom Lyon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lyon is starting from $650 at Vantage Point Apartments - Carriage House.
What is the most affordable Lyon Three Bedroom Apartment?
The best deal on a cheap Lyon Three Bedroom Apartment rental is at Vantage Point Apartments - Carriage House and starts from $895.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.