Cheap Apartments for Rent in New Albany, MS from $500 (21 Rentals)

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Cheap Apartments in New Albany.

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Albany Acres Apartments
2 to 3 Bedroom Apartments

Albany Acres Apartments

916 Fairground Spur RdNew Albany, MS 38652
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
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New Albany, MS Local Guide

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 ListingModel NameBed/BathPriced From
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$800
Monarch Creek2 Bedroom Two Bathroom-Deluxe2BR,2BA$834
The Links & The Greens at OxfordClassic Deluxe IV | Greens1BR,1BA$880
The Meadows on Main1 bedroom1BR,1BA$925
Pine Grove Apartments1 and 2 bedroom1BR,1BA$945

Best Value Apartments for Rent in New Albany, MS and Nearby

As of May 04, 2025 the best value apartment in the New Albany area is the $1.46 price per square foot The Pavilion Model at Lexington Pointe Apartment Homes in the starting from $1,740. The second greatest value New Albany apartment is the 3 Bedroom 2 Bathroom - Premium Model at The Westerly starting at $1,395 with a $1.27 price per square foot . Here is today’s list of the best values for New Albany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lexington Pointe Apartment HomesThe Pavilion2BR,2BA$1.46
The Westerly3 Bedroom 2 Bathroom - Premium3BR,2BA$1.27
Madison at Schilling FarmsMonticello2BR,2BA$1.50
Monarch Creek2 Bedroom Two Bathroom-Deluxe2BR,2BA$0.86
Vista Ridge ApartmentsB2-U2BR,2BA$1.45
Boggan Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.09
Collier Village Apartments22S 2br2BR,1.5BA$1.51
Park Place Apartments1x1 Platinum1BR,1BA$1.50
Pine Grove Apartments1 and 2 bedroom1BR,1BA$1.26
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$1.09

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Best Local Schools in
New Albany, MS

School data provided by Great Schools

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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 $1,395.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.