Cheap Apartments for Rent in New Albany, MS from $500 (25 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in New Albany.

close
View Me
Albany Acres Apartments
2 to 3 Bedroom Apartments

Albany Acres Apartments

916 Fairground Spur RdNew Albany, MS 38652
  • Utilities Inc.

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$900
Pine Grove Apartments1 and 2 bedrooms2BR,1BA$945

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

As of March 06, 2025 the best value apartment in the New Albany area is the $1.26 price per square foot 2x2 Platinum Model at Park Place Apartments in the starting from $1,537. The second greatest value New Albany apartment is the 2B Model at Pines at Barnes Crossing starting at $1,119 with a $0.97 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.
Park Place Apartments2x2 Platinum2BR,2BA$1.26
Pines at Barnes Crossing2B2BR,2BA$0.97
King's Creek2 Bedroom 1-1/2 Bathroom Townhouse - Premium2BR,1.5BA$1.05
Monarch Creek2 Bedroom Two Bathroom-Deluxe2BR,2BA$0.86
Bailey Creek Apartment HomesMeadowlark II-Renovated2BR,2BA$1.52
Vista Ridge ApartmentsB22BR,2BA$1.52
Boggan Estates ApartmentsOne Bedroom One Bathroom1BR,1BA$1.37
Pine Grove Apartments1 and 2 bedrooms2BR,1BA$1.26
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$1.09
The Meadows on Main1 bedroom1BR,1BA$1.49

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.

decorative image of people with a giant lease agreement

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

Explore New Albany, MS Rentals by Map

View MapNew Albany, MS Apartments MapView MapNew Albany, MS Rental Homes Map

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

Frequently Asked Questions about Cheap New Albany Apartments

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 Bailey Creek Apartment Homes and starts from $1,520.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.