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20 Apartments under 500 for rent in Southaven, MS

Last updated December 14 at 9:19pm UTC
Results within 5 miles of Southaven, MS
3752 Clarke Rd
Hickory Hill
Memphis, TN
Updated December 14 at 8:35am UTC
Studio
$450
1283 E Raines Road - #11
Memphis
Memphis, TN
Updated December 14 at 7:23pm UTC
2 Bedrooms
$475
1301 E. Raines Road - 2
Memphis
Memphis, TN
Updated December 14 at 7:23pm UTC
2 Bedrooms
$495
1309 E. Raines Road - 3
Memphis
Memphis, TN
Updated December 14 at 7:23pm UTC
2 Bedrooms
$495
Results within 10 miles of Southaven, MS
Ten Mile Creek
2718 Claudette Rd
Memphis, TN
Updated December 14 at 6:35pm UTC
1 Bedroom
$420
2 Bedrooms
$490
3 Bedrooms
$575
1277 Airways Blvd #8
Castalia
Memphis, TN
Updated December 14 at 8:14pm UTC
2 Bedrooms
$450
2311 E. Warren St.
Alcy-Ball
Memphis, TN
Updated December 14 at 10:13am UTC
1 Bedroom
$425
1793 Tampa Cv
Sixty Point One Ward
Memphis, TN
Updated December 14 at 8:35am UTC
2 Bedrooms
$450
1228 Norris Rd
Sixty Point One Ward
Memphis, TN
Updated December 14 at 8:35am UTC
2 Bedrooms
$475
1005 PALERMO AVENUE
Sixty Point One Ward
Memphis, TN
Updated December 14 at 8:35am UTC
2 Bedrooms
$495
3623 Allandale Lane
Sherwood Forest
Memphis, TN
Updated December 14 at 8:03pm UTC
2 Bedrooms
$495
5500 POPLAR
Arlington Park
Memphis, TN
Updated December 14 at 9:19pm UTC
Studio
$450
2044 Southern Ave #4
Cooper Young
Memphis, TN
Updated December 14 at 4:50pm UTC
1 Bedroom
$425
3231 Choctaw
Messick Buntyn
Memphis, TN
Updated December 14 at 8:14pm UTC
1 Bedroom
$495
57 W Gage Ave
Mallory Heights
Memphis, TN
Updated November 15 at 11:53am UTC
Studio
$100
682 Boston St
Orange Mound
Memphis, TN
Updated December 13 at 11:22am UTC
1 Bedroom
$400
3307 Southern -1
Messick Buntyn
Memphis, TN
Updated December 14 at 7:23pm UTC
2 Bedrooms
$450
3303 Southern Ave -6
Messick Buntyn
Memphis, TN
Updated December 14 at 7:23pm UTC
2 Bedrooms
$450
3303 Southern Ave -5
Messick Buntyn
Memphis, TN
Updated December 14 at 7:23pm UTC
2 Bedrooms
$450
3311 Southern Ave- 3
Messick Buntyn
Memphis, TN
Updated December 14 at 7:23pm UTC
2 Bedrooms
$450

December 2018 Southaven Rent Report

Welcome to the December 2018 Southaven Rent Report. Southaven rents increased over the past month. In this report, we'll evaluate trends in the Southaven rental market, including comparisons to similar cities nationwide.

View full Southaven Rent Report
Rent Report
Southaven

December 2018 Southaven Rent Report

Welcome to the December 2018 Southaven Rent Report. Southaven rents increased over the past month. In this report, we'll evaluate trends in the Southaven rental market, including comparisons to similar cities nationwide.

Southaven rents increase sharply over the past month

Southaven rents have increased 0.8% over the past month, and have increased moderately by 2.2% in comparison to the same time last year. Currently, median rents in Southaven stand at $870 for a one-bedroom apartment and $1,030 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Southaven's year-over-year rent growth leads the state average of 1.4%, as well as the national average of 1.3%.

Southaven rents more affordable than many large cities nationwide

As rents have increased moderately in Southaven, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Southaven is still more affordable than most large cities across the country.

  • Southaven's median two-bedroom rent of $1,030 is below the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 2.2% increase in Southaven.
  • While Southaven's rents rose moderately over the past year, the city of Seattle saw a decrease of 0.4%.
  • Renters will find more reasonable prices in Southaven than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than three times the price in Southaven.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.