Cheap Homes for Rent in Southaven, MS from $900 (44 Rentals)

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

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.

property at 2675 Ridgewood Cove

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

3 Bedroom, 1 Bath Home for Rent

Available Now

2675 Ridgewood Cove, Unit 403, Unit 403

2675 Ridgewood Cove
Horn LakeMS38637
property at 1699 Whitehead Dr

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

3 Bedroom, 1 Bath Home for Rent

Available Now

1699 Whitehead Dr

SouthavenMS38671

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 1296 Vicksburg Dr

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 1 Bath Home for Rent

Available Now

1296 Vicksburg Dr

SouthavenMS38671

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.

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 6475 Forest Glen Dr

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 2 Bath Home for Rent

Available Now

6475 Forest Glen Dr

Horn LakeMS38637

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 5364 Santa Monica Cove

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

Southaven, MS Local Guide

Cheapest Available Southaven Apartments for Rent

 

The cheapest available apartment rental in Southaven, MS is a 1 Bed unit found at Pinetree Place Apartments in the South Memphis neighborhood priced from $675. Sutton at Shelby in the South Memphis neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $875. Here is today’s list of the most affordable Southaven apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pinetree Place Apartments1 Bedroom Premium Remodel1BR,1BA$675
Sutton at Shelby2 Bedroom 1.5 Bathroom2BR,1BA$875
Highland Meadows Apartments2x1.5 9502BR,1BA$875
Holmes Pointe ApartmentsB12BR,1BA$899
TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!B12BR,1BA$1,025
Wilson Crossing Townhomes: Your Spacious, Two-Story Home in Whitehaven, Memphis!B12BR,1BA$1,095
The Luxe of Southaven1 Bedroom - 8641BR,1BA$1,099
Southaven Pointe Apartments1BR 1BA (743 SF)1BR,1BA$1,116
The DeSotoMagnolia1BR,1BA$1,137
Gramercy East Apartments2 Bed 2 Bath Classic Plus2BR,2BA$1,153

Best Value Apartments for Rent in Southaven, MS

As of May 24, 2026 the best value apartment in the Southaven area is the $1.08 price per square foot 3 Bedroom, 2 Bathroom Model at Weatherstone Apartments in the in the McKeller neighborhood starting from $1,599. The second greatest value Southaven apartment is the Three Bedroom Model at Oak Hollow Apartments starting at $1,671 with a $1.23 price per square foot . Here is today’s list of the best values for Southaven apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Weatherstone Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.08
Oak Hollow ApartmentsThree Bedroom3BR,2BA$1.23
Wilson Crossing Townhomes: Your Spacious, Two-Story Home in Whitehaven, Memphis!B22BR,1.5BA$0.93
TOWNHOMES w/ W/D INCLUDED! Gated 2 Bed / 1.5 Bath Townhomes near Shelby Dr!B12BR,1.5BA$0.93
Gramercy East Apartments2 Bed 2 Bath Renovated2BR,2BA$1.32
Highland Meadows Apartments2x1.5 9502BR,1.5BA$0.92
The DeSotoMagnolia1BR,1BA$1.26
Holmes Pointe ApartmentsB12BR,1BA$1.20
Sutton at Shelby1 Bedroom 1 Bathroom1BR,1BA$1.21
Pinetree Place Apartments1 Bedroom Premium Remodel1BR,1BA$1.13

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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Southaven, MS
Population: 54,944

Ranked #702

in US Census Population by City

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

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Frequently Asked Questions about Southaven

What type of rentals are currently available in Southaven?

There are currently 65 Apartments for Rent in Southaven, MS with pricing that ranges from $625 to $2,710. There are also 219 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southaven ranging from $900 to $5,200.

What is the current price range for Rental Homes in Southaven?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southaven ranges from $900 to $5,200 with an average monthly rent of $1,868.

How much are larger Three and Four Bedroom Rentals in Southaven?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southaven range from $970 to $1,901, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $5,200. Four Bedroom Single-Family rentals are also available starting from $1,345 and Four Bedroom Apartments start at $2,340.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.