
Cheap Apartments for Rent in New Albany, MS from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in New Albany.


Purdy Place Apartments

Rosewood Place Apartments

Oakwood Village Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Monarch Creek
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Links & The Greens at Oxford

Anderson Estates

The Meadows on Main

The Grove of Cayce
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

116 S Child St

121 Co Rd 736

1036 North St

456 N Spring St
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 | $1,472 | $1,405 | $1,511 |
New Albany 1 Bedroom Apartments | $1,422 | $685 | $2,095 |
New Albany 2 Bedroom Apartments | $1,497 | $750 | $2,395 |
New Albany 3 Bedroom Apartments | $2,046 | $899 | $2,900 |
Browse Top Apartments in New Albany
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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. Redpoint Oxford has the second lowest priced unit, which is a 5 Beds apartment currently listed from $835. 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 |
Redpoint Oxford | Courtyard - 5x5 | 5BR,5BA | $835 |
The Links & The Greens at Oxford | Classic Deluxe IV | Greens | 1BR,1BA | $905 |
Center Court Apartments | 1 Bedroom Flat | 1BR,1BA | $1,025 |
Monarch Creek | 2 Bedroom 2 Bathroom - A1 - Deluxe | 2BR,2BA | $1,032 |
Best Value Apartments for Rent in New Albany, MS and Nearby
As of September 07, 2025 the best value apartment in the New Albany area is the $0.83 price per square foot Birchmore - 2x2.5 Model at Redpoint Oxford in the starting from $1,160. The second greatest value New Albany apartment is the 3 bdrm 2 bath Model at Trace Ridge starting at $1,131 with a $0.89 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. |
---|---|---|---|
Redpoint Oxford | Birchmore - 2x2.5 | 2BR,2.5BA | $0.83 |
Trace Ridge | 3 bdrm 2 bath | 3BR,2BA | $0.89 |
Park Place Apartments | 2x2 Platinum | 2BR,2BA | $1.18 |
The Meadows on Main | 2 bedroom townhome | 2BR,1.5BA | $0.96 |
The Westerly | 3 Bedroom 2 Bathroom - Premium | 3BR,2BA | $1.27 |
Irene Woods Apartments | Candace | 2BR,1BA | $1.46 |
Monarch Creek | 2 Bedroom 2 Bathroom - A1 - Deluxe | 2BR,2BA | $1.06 |
Boggan Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.14 |
Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
Center Court Apartments | 1 Bedroom Flat | 1BR,1BA | $1.51 |
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Best Local Schools in New Albany, MS
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Albany, MS Rentals by Map
See the most popular apartments and homes in New Albany, MS
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 $1,405.
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 $1,020 at The Links & The Greens at Oxford.
What is the most affordable New Albany Three Bedroom Apartment?
The best deal on a cheap New Albany Three Bedroom Apartment rental is at Redpoint Oxford and starts from $1,055.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.