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.

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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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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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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

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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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Colonial Terrace
2 Bedroom Apartments

Colonial Terrace

2603 Old Brandon RdPearl, MS 39208
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Showing Results 1-20, Page 1 of 1

Cheapest Available Rankin County Apartments for Rent

 

The cheapest available apartment rental in Rankin County, MS is a 2 Beds unit found at Oak Manor Apartments in the North Jackson neighborhood priced from $945. The Park at Cornwall in the North Jackson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here is today’s list of the most affordable Rankin County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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$1,091
Reflection Pointe ApartmentsStudio (520 SF)Studio,1BA$1,132
The Park at Devonshire2 Bedroom/ 2 Bathroom Silver2BR,2BA$1,160

Best Value Apartments for Rent in Rankin County, MS

As of April 09, 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 Flowood Heights Model at Ashford Place Apartment Homes starting at $1,800 with a $1.45 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
Ashford Place Apartment HomesFlowood Heights2BR,2BA$1.45
Crosswinds Apartments1BR 1BA (1200 SF)1BR,1BA$1.25
Grand at Pearl Apartments2BR 2BA (1150 SF)2BR,2BA$1.19
The Park at Devonshire3 Bedroom / 2 Bathroom Platinum3BR,2BA$1.29
Village at Crossgates2 Bed 2 Bath2BR,2BA$1.30
Shadow Lake ApartmentsModel 2A2BR,2BA$1.37
Cambridge ApartmentsThe Magnolia2BR,2BA$1.28
Woods of Lakeland2 bedroom small2BR,1.5BA$1.15
Oak Manor ApartmentsTwo Bed One Bath2BR,1BA$1.35

Frequently Asked Questions about Cheap Rankin County Apartments

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

The cheapest apartment in Rankin County is The Park at Cornwall which is listed at $1,015, while the average apartment in Rankin County costs $1,712.

What types of apartments are the cheapest in Rankin 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 16 regular apartments in Rankin 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 Rankin County?

Cheap apartments in Rankin County have an average cost of $135 which is $1,577 cheaper than the average rent for all rentals in Rankin 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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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.