Cheap Homes for Rent in Olive Branch, MS from $1,300 (33 Rentals)

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Search the lowest-cost Homes available for rent right now in Olive Branch.

property at 4568 Summer Creek N

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

3 Bedroom, 2 Bath Rentals

Available Apr 26

4568 Summer Creek N

MemphisTN38141
property at 6552 Gadwall Dr N

$1,545

Total Monthly Price

Total Monthly Price

Base Rent
$1,545

Total Monthly Price
$1,545

3 Bedroom, 2 Bath Rentals

Available May 8

6552 Gadwall Dr N

MemphisTN38141

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 6452 Valley Oak Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Rentals

Available May 14

6452 Valley Oak Dr

MemphisTN38141
property at 8382 Regal Bend Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Now

8382 Regal Bend Dr

Olive BranchMS38654
property at 10127 Stephenson Ln

$1,635

Total Monthly Price

Total Monthly Price

Base Rent
$1,635

Total Monthly Price
$1,635

3 Bedroom, 2 Bath Rentals

Available Now

10127 Stephenson Ln

Olive BranchMS38654
property at 7345 Royce Cove

$1,640

Total Monthly Price

Total Monthly Price

Base Rent
$1,640

Total Monthly Price
$1,640

3 Bedroom, 3 Bath Rentals

Available Apr 10

7345 Royce Cove

MemphisTN38125

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.

property at 7073 Gleneagles Dr

$1,645

Total Monthly Price

Total Monthly Price

Base Rent
$1,645

Total Monthly Price
$1,645

3 Bedroom, 2 Bath Rentals

Available Now

7073 Gleneagles Dr

MemphisTN38141
property at 6469 Trysting Oak Dr

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

3 Bedroom, 2 Bath Rentals

Available Now

6469 Trysting Oak Dr

MemphisTN38141
property at 6608 Lake Valley Dr

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

3 Bedroom, 2 Bath Rentals

Available Mar 27

6608 Lake Valley Dr

MemphisTN38141
property at 7111 Peppermill Ln

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

3 Bedroom, 2 Bath Rentals

Available Now

7111 Peppermill Ln

MemphisTN38125
property at 6801 College Park Cove

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,645
Required Monthly Fees
$30

Total Monthly Price
$1,675

3 Bedroom, 2 Bath Rentals

Available Now

6801 College Park Cove

Olive BranchMS38654

Affordable Memphis: The Best Neighborhoods with Character and Lower Rents

Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.

property at 8170 Clubview Dr

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

3 Bedroom, 2 Bath Home for Rent

Available Now

8170 Clubview Dr

Olive BranchMS38654
property at 7068 Kings Crown Dr

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

3 Bedroom, 2 Bath Rentals

Available Now

7068 Kings Crown Dr

MemphisTN38125
property at 6041 Blocker St

$1,695

4 Bedroom, 3 Bath Home for Rent

Available Now

6041 Blocker St

Olive BranchMS38654

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.

property at 7045 Kings Crown Dr

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,670
Required Monthly Fees
$30

Total Monthly Price
$1,700

3 Bedroom, 2 Bath Rentals

Available Apr 9

7045 Kings Crown Dr

MemphisTN38125

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 in the Oakhaven neighborhood priced from $699. 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 Park1 bedroom 1 bathroom1BR,1BA$699
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$750
The Bowery1 Bed 1 Bath Classic1BR,1BA$772
Stone Ridge at Germantown FallsStudioStudio,1BA$790
The Nova ApartmentsAsh - 1 Bed, 1 Bath1BR,1BA$836
Hickory Farms1 Bedroom, 1 Bathroom1BR,1BA$850
The Boulevard1 Bedroom/1 Bath Deluxe1BR,1BA$850
The Parkway1x1 Deluxe1BR,1BA$850
The Elevation at Autumn RidgeOne Bedroom1BR,1BA$860
The Park at Hollyford1 Bedroom / 1 Bathroom Gold1BR,1BA$900

Best Value Apartments for Rent in Olive Branch, MS

As of March 23, 2026 the best value apartment in the Olive Branch area is the $1.01 price per square foot Two Bedroom Model at Ashland Lakes Apartments in the in the Brooks Manor neighborhood starting from $1,139. The second greatest value Olive Branch apartment is the Two Bedroom Model at Ridgeway Pines starting at $950 with a $0.86 price per square foot in the Oakhaven 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.
Ashland Lakes ApartmentsTwo Bedroom2BR,2BA$1.01
Ridgeway PinesTwo Bedroom2BR,1.5BA$0.86
Emerald Park2 bedroom 1.5 bathroom2BR,1.5BA$0.93
Autumn Ridge ApartmentsTwo Bedroom Two Bathroom2BR,2BA$0.95
Hickory ForestTwo Bed Flat Bottom2BR,1BA$1.12
Cromwell Park Apartments2BR/1.5BA2BR,1.5BA$1.15
The Park at Paisley1 Bedroom / 1 Bathroom Platinum1BR,1BA$1.27
The Residence Village Green1 Bedroom 1 Bathroom1BR,1BA$1.15
The Boulevard1 Bedroom/1 Bath Platinum1BR,1BA$1.31
The Parkway1x1 Platinum1BR,1BA$1.31

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.

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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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The 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.

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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.

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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!

Explore Olive Branch, MS Rentals by Map

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Frequently Asked Questions about Olive Branch

What type of rentals are currently available in Olive Branch?

There are currently 53 Apartments for Rent in Olive Branch, MS with pricing that ranges from $699 to $2,989. There are also 164 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olive Branch ranging from $1,345 to $2,930.

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 $1,345 to $2,930 with an average monthly rent of $2,219.

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 $2,989, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,345 to $2,455. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,840.

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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Affordable Memphis: The Best Lower Priced Neighborhoods with Character

Written by: Joshua Carlucci

I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.