
Cheap Apartments for Rent in New Albany, MS from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in New Albany.


Rosewood Place Apartments

Purdy Place Apartments

Monarch Creek

King's Creek

Oakwood Village Apartments

Anderson Estates

The Links & The Greens at Oxford

The Grove of Cayce

Heritage Park

Gloster Flats

Boggan Estates Apartments

Collier Village Apartments

116 S Child St

111 Dr 1175 Dr

2534 Southern Heights Rd
New Albany, MS Local Guide

How much does it cost to rent an apartment in New Albany?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Albany Studio Apartments | $1,493 | $1,420 | $1,520 |
New Albany 1 Bedroom Apartments | $1,487 | $685 | $2,125 |
New Albany 2 Bedroom Apartments | $1,720 | $655 | $2,835 |
New Albany 3 Bedroom Apartments | $2,379 | $875 | $3,500 |
New Albany 4 Bedroom Apartments | $1,075 | $895 | $1,890 |
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New Albany, MS Local Guide
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Cheapest Available New Albany Apartments for Rent and Nearby
 The cheapest available apartment rental in New Albany, MS is a 1 Bed unit found at Oakwood Village Apartments priced from $800. Monarch Creek has the second lowest priced unit, which is a 2 Beds apartment currently listed from $834. Here is today’s list of the most affordable New Albany apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $800 |
Monarch Creek | 2 Bedroom Two Bathroom-Deluxe | 2BR,2BA | $834 |
The Links & The Greens at Oxford | Classic Deluxe IV | Greens | 1BR,1BA | $880 |
The Meadows on Main | 1 bedroom | 1BR,1BA | $900 |
Boggan Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in New Albany, MS and Nearby
As of April 06, 2025 the best value apartment in the New Albany area is the $0.99 price per square foot 3x2 Model at Park Place Apartments in the starting from $1,503. The second greatest value New Albany apartment is the The Pavilion Model at Lexington Pointe Apartment Homes starting at $1,740 with a $1.46 price per square foot . Here is today’s list of the best values for New Albany apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Park Place Apartments | 3x2 | 3BR,2BA | $0.99 |
Lexington Pointe Apartment Homes | The Pavilion | 2BR,2BA | $1.46 |
Pines at Barnes Crossing | 2B | 2BR,2BA | $0.98 |
The Westerly | 3 Bedroom 2 Bathroom - Premium | 3BR,2BA | $1.27 |
Monarch Creek | 2 Bedroom Two Bathroom-Deluxe | 2BR,2BA | $0.86 |
Bailey Creek Apartment Homes | Meadowlark II-Renovated | 2BR,2BA | $1.52 |
Boggan Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.09 |
Grand Ole Oaks | 1 bdrm 1bath | 1BR,1BA | $1.39 |
Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
The Meadows on Main | 1 bedroom | 1BR,1BA | $1.49 |
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Best Local Schools in New Albany, MS
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Getting Around New Albany, MS
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap New Albany Apartments
What is the Cheapest Studio apartment in New Albany?
Currently the most affordable Cheap Studio Apartment in New Albany is at Springs at Ashby listed at $1,420.
How much is rent for a Cheap One Bedroom New Albany Apartment?
The lowest price for a Cheap One Bedroom New Albany Apartment is $800 at Oakwood Village Apartments.
What is the lowest price for a Cheap Two Bedroom New Albany Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Albany is starting from $834 at Monarch Creek.
What is the most affordable New Albany Three Bedroom Apartment?
The best deal on a cheap New Albany Three Bedroom Apartment rental is at The Meadows on Main and starts from $1,150.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.