Cheap Homes for Rent in Olive Branch, MS from $1,200 (17 Rentals)

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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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Olive Branch, MS Local Guide

Cheapest Available Olive Branch Apartments for Rent

 

The cheapest available apartment rental in Olive Branch, MS is a 1 Bed unit found at Emerald Park Apartments in the Oakhaven neighborhood priced from $650. The Residence Village Green in the Oakhaven neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Olive Branch apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Emerald Park Apartments1 bedroom 1 bathroom1BR,1BA$650
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
Lakes at Ridgeway1 BR 1Bath1BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$770
Ashland Lakes ApartmentsOne Bedroom1BR,1BA$782

Best Value Apartments for Rent in Olive Branch, MS

As of June 21, 2026 the best value apartment in the Olive Branch area is the $1.01 price per square foot Three Bedroom Two Bathroom Model at Autumn Ridge Apartments in the in the Oakhaven neighborhood starting from $1,135. The second greatest value Olive Branch apartment is the Two Bedroom Model at Ashland Lakes Apartments starting at $1,139 with a $1.01 price per square foot in the Brooks Manor neighborhood. Here is today’s list of the best values for Olive Branch apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Autumn Ridge ApartmentsThree Bedroom Two Bathroom3BR,2BA$1.01
Ashland Lakes ApartmentsTwo Bedroom2BR,2BA$1.01
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Emerald Park Apartments2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Hedgerow Apartments2 Bed 2 Bath2BR,2BA$1.24
The Park at Paisley1 Bedroom / 1 Bathroom Platinum1BR,1BA$1.21
MONTICELLODogwood-1 bedroom 900 SQ FT1BR,1BA$1.16
Hickory ForestTwo Bed Flat Bottom2BR,1BA$1.12
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$1.15
Lakes at Ridgeway1 BR 1Bath1BR,1BA$1.15

College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive

Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!

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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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Quick 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.

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

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Frequently Asked Questions about Olive Branch

What type of rentals are currently available in Olive Branch?

There are currently 58 Apartments for Rent in Olive Branch, MS with pricing that ranges from $650 to $2,900. There are also 165 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olive Branch ranging from $1,285 to $2,865.

What is the current price range for Rental Homes in Olive Branch?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olive Branch ranges from $1,285 to $2,865 with an average monthly rent of $2,047.

How much are larger Three and Four Bedroom Rentals in Olive Branch?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olive Branch range from $1,050 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,330 to $2,585. Four Bedroom Single-Family rentals are also available starting from $1,765 and Four Bedroom Apartments start at $2,000.

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.

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