Cheap Apartments for Rent in Rankin County, MS from $500 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Rankin 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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Pearlwood Apartments
1 to 3 Bedroom Apartments

Pearlwood Apartments

400 Pearlwood DrPearl, MS 39208
Senior Living
  • Utilities Included
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The Highlands
1 to 4 Bedroom Apartments

The Highlands

3127 Greenfield RdPearl, MS 39208
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Indian Run Estates
1 Bedroom Apartments

Indian Run Estates

2010 Small DrPearl, MS 39208
Senior Living

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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.

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Wood Glen Apartments
2 Bedroom Apartments

Wood Glen Apartments

2005 Old Brandon RdPearl, MS 39208
  • Utilities Included
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East Villa Apartments
1 to 2 Bedroom Apartments

East Villa Apartments

310 Barrow StPearl, MS 39208
  • Utilities Included
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The Meadows
2 Bedroom Apartments

The Meadows

211-219 College StFlorence, MS 39073
  • Utilities Included

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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Colonial Terrace
2 Bedroom Apartments

Colonial Terrace

2603 Old Brandon RdPearl, MS 39208
  • Utilities Included

Cheapest Available Rankin County Apartments for Rent

 

The cheapest available apartment rental in Rankin County, MS is a 1 Bed unit found at Fox Run priced from $800. Oak Manor Apartments in the North Jackson neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $945. Here is today’s list of the most affordable Rankin County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fox Run1x11BR,1BA$800
Oak Manor ApartmentsTwo Bed One Bath2BR,1BA$945
The Park at Cornwall1 Bedroom / 1 Bathroom Silver1BR,1BA$1,015
Woods of Lakeland2 bedroom small2BR,1BA$1,165
SouthwindA11BR,1BA$1,180

Best Value Apartments for Rent in Rankin County, MS

As of May 25, 2026 the best value apartment in the Rankin County area is the $0.95 price per square foot 3 Bedroom, 2 Bathroom Model at Lake Forest Apartments in the starting from $1,205. The second greatest value Rankin County apartment is the 2BR 2BA (1200 SF) Model at Crosswinds Apartments starting at $1,342 with a $1.12 price per square foot in the North Jackson neighborhood. Here is today’s list of the best values for Rankin County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Forest Apartments3 Bedroom, 2 Bathroom3BR,2BA$0.95
Crosswinds Apartments2BR 2BA (1200 SF)2BR,2BA$1.12
ReNew Brandon3BR x 2BA with Washer/Dryer3BR,2BA$1.48
Village at Crossgates2 Bed 2 Bath2BR,2BA$1.27
Cambridge ApartmentsThe Magnolia2BR,2BA$1.37
Woods of Lakeland2 bedroom small2BR,1.5BA$1.23
The Park at Devonshire2 Bedroom/ 2 Bathroom Silver2BR,2BA$1.40
Windsor LakeOne Bedroom1BR,1BA$1.44
Fox Run2x12BR,1BA$1.39
Oak Manor ApartmentsTwo Bed One Bath2BR,1BA$1.35

Frequently Asked Questions about Cheap Rankin County Apartments

How much is rent for a Cheap One Bedroom Rankin County Apartment?

The lowest price for a Cheap One Bedroom Rankin County Apartment is $800 at Fox Run.

What is the lowest price for a Cheap Two Bedroom Rankin County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rankin County is starting from $945 at Oak Manor Apartments.

What is the most affordable Rankin County Three Bedroom Apartment?

The best deal on a cheap Rankin County Three Bedroom Apartment rental is at Lake Forest Apartments and starts from $1,205.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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.