
Cheap Apartments for Rent near Red Banks, MS from $700 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Banks.


MAA Southwind

Champions Hills at Windyke

Park at Forest Hill

The Franklin

The Westbury

Collier Village Apartments

The Grove of Cayce

Waterford Place Apartment Homes
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Springs at Buckingham Farms

Courtyard Off the Square Apartments

Madison at Schilling Farms

Southwind Lakes Apartments

The Villas at Germantown Apartments

Dream Germantown

Hedgerow Apartments

Goodman Manor Apartments

Annandale Gardens Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Miller Creek at Germantown Apartments

Centennial Gardens

The Preserve at Forest Creek

The Signature At Schilling Farms

Bailey Creek Apartment Homes

Irene Woods Apartments

The Oliver Apartment Homes

Springs at Ashby

City Place at Germantown Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
Carrington at Schilling Farms

The Vineyard of Olive Branch Apartment Homes

Total Monthly Price
Westbrook Crossing Apartments

Tapestry Forest Creek

Cayce Highlands

10712 Oak Cir N

Total Monthly Price
The Water Tower District at Schilling Farms

Center Court Apartments

194 Winding Creek Cir
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.

10152 Yates Dr

6775 Blocker St

121 West St

10101 Stephenson Ln

7011 Village Ln

4891 Top Notch Loop

5236 Laurel Home Cove

10570 Pecan View Dr

6179 Cherokee Dr
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.

3065 Green Fairway Cv S

426 Cardinal Dr
Red Banks, MS Local Guide

How much does it cost to rent an apartment in Red Banks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Banks Studio Apartments | $1,248 | $1,096 | $1,433 |
| Red Banks 1 Bedroom Apartments | $1,444 | $782 | $2,821 |
| Red Banks 2 Bedroom Apartments | $1,723 | $1,083 | $3,396 |
| Red Banks 3 Bedroom Apartments | $2,391 | $1,250 | $4,137 |
Browse Top Apartments in Red Banks
See all Apartments in Red BanksExplore Red Banks
Red Banks, MS Local Guide
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Cheapest Available Red Banks Apartments for Rent and Nearby
 The cheapest available apartment rental in Red Banks, MS is a 1 Bed unit found at Ashland Lakes Apartments in the Brooks Manor neighborhood priced from $782. MAA Southwind in the Germantown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $833. Here is today’s list of the most affordable Red Banks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashland Lakes Apartments | One Bedroom | 1BR,1BA | $782 |
| MAA Southwind | Spyglass | 1BR,1BA | $833 |
| Champions Hills at Windyke | 1 Bd 1 Ba Down Porch | 1BR,1BA | $1,032 |
| Park at Forest Hill | A2 | 1BR,1BA | $1,078 |
| The Franklin | A1 | 1BR,1BA | $1,084 |
| The Grove of Cayce | 2bedroom x 2bath | 2BR,2BA | $1,100 |
| Waterford Place Apartment Homes | One Bedroom - 679 sqft | 1BR,1BA | $1,110 |
| The Westbury | 1x1 - 2nd Floor | 1BR,1BA | $1,122 |
| Courtyard Off the Square Apartments | 2BR/1BA | 2BR,1BA | $1,145 |
| Madison at Schilling Farms | Windsor | 1BR,1BA | $1,179 |
Best Value Apartments for Rent in Red Banks, MS and Nearby
As of July 26, 2026 the best value apartment in the Red Banks area is the $1.19 price per square foot Mitchell - 3 Bedroom + Den Model at Cayce Highlands in the in the Marshall County neighborhood starting from $1,850. The second greatest value Red Banks apartment is the SW2 3 Bed 2 Bath Model at Southwind Lakes Apartments starting at $1,725 with a $1.25 price per square foot in the Hickory Ridge-South Riverdale neighborhood. Here is today’s list of the best values for Red Banks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cayce Highlands | Mitchell - 3 Bedroom + Den | 3BR,2.5BA | $1.19 |
| Southwind Lakes Apartments | SW2 3 Bed 2 Bath | 3BR,2BA | $1.25 |
| The Westbury | 2x2 - 1st Floor with Garage | 2BR,2BA | $1.47 |
| Ashland Lakes Apartments | Two Bedroom | 2BR,2BA | $1.01 |
| Miller Creek at Germantown Apartments | Emory 2 | 1BR,1BA | $1.48 |
| The Grove of Cayce | 3bedroom x 2bath | 3BR,2BA | $1.39 |
| Courtyard Off the Square Apartments | 2BR/1BA | 2BR,1BA | $1.35 |
| Goodman Manor Apartments | (Phase 1) AVAILABLE SOON! | 2BR,1BA | $1.44 |
| Champions Hills at Windyke | 1 Bd 1 Ba Down Porch | 1BR,1BA | $1.43 |
| MAA Southwind | Spyglass | 1BR,1BA | $1.47 |
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.
Read ArticleReal 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.
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 Red Banks, MS Rentals by Map
See the most popular apartments and homes in Red Banks, MS
Frequently Asked Questions about Cheap Red Banks Apartments
What is the Cheapest Studio apartment in Red Banks?
Currently the most affordable Cheap Studio Apartment in Red Banks is at The Villas at Germantown Apartments listed at $1,185.
How much is rent for a Cheap One Bedroom Red Banks Apartment?
The lowest price for a Cheap One Bedroom Red Banks Apartment is $782 at Ashland Lakes Apartments.
What is the lowest price for a Cheap Two Bedroom Red Banks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Red Banks is starting from $1,073 at MAA Southwind.
What is the most affordable Red Banks Three Bedroom Apartment?
The best deal on a cheap Red Banks Three Bedroom Apartment rental is at The Grove of Cayce and starts from $1,250.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.