Apartments for Rent in Mississippi under $500
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4 bd $384Base rent4.0 (5)1300 Old Highway 12, Starkville, MS 39759Pet friendly
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Ask for PricingIncome restricted122 Fairview Street, New Albany, MS 38652-8957In unit laundry
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Studio $312+Base rent1227 North State Street, Jackson, MS 39202Pet friendly
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1 bd $3982 bd $4573 bd $481Base rent1300 Martin Luther King, Shelby, MS 38774Air conditioner
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1 bd $4002 bd $473Base rent501 BRENDA STREET, Mound Bayou, MS 38762Pet friendly
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1 bd $400Base rent912 North 28Th Avenue, Hattiesburg, MS 39401
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3 bd $1Base rent25 Oliver Blanchard Drive, Oak Vale, MS 39656Pet friendly
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3 bd $355+Base rent Income restricted2032 Kenmar Lane, Tupelo, MS 38803Pet friendly • Dishwasher • Patio/Balcony
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2 bd $279+3 bd $338+Base rent Income restricted285 N Eason Blvd, Tupelo, MS 38804Pet friendly • Dishwasher • Patio/Balcony
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Ask for pricingIncome restricted5.0 (2)1001 Cardinal Lane, Aberdeen, MS 39730In unit laundry • Air conditioner • Washer/Dryer
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Studio $375+Base rent10840 Desoto Rd, Olive Branch, MS 38654Pet friendly
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Frequently asked questions
When were prices and availability in Mississippi last updated?
Prices and availability in Mississippi were last updated on 2 Aug 2026.
What are the best apartments in Mississippi?
The best apartments in Mississippi are: Cambridge Station Apartment Homes, Lexington Pointe Apartment Homes, Carlton Park Apartment Homes, The Oliver Apartment Homes and Highpointe Apartment Homes.
What type of rental buildings are in Mississippi?
In Mississippi, 30% of the residents are renting compared to 70% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 5% of Mississippi's rentals, 43% are small-scale complexes with under 50 units, and 41% are single-family rentals.
Apartments in Mississippi under $500
Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 11 apartments for rent in Mississippi on which you’ll spend less than $500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.
Rentals near you under $500
Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $500. The average rental size in Mississippi is 1,585 Sqft, but the $500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.