
Cheap Apartments for Rent in New Albany, MS from $300 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in New Albany.


Park Place Apartments

Albany Acres Apartments

Purdy Place Apartments

Monarch Creek

Rosewood Place Apartments

Oakwood Village Apartments

King's Creek

Villa West

Anderson Estates
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.

The Links & The Greens at Oxford

Heritage Park

The Meadows on Main

Center Court Apartments

Trace Ridge

Gloster Flats

Pines at Barnes Crossing

Bailey Creek Apartment Homes

The Grove of Cayce

Collier Village Apartments
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.

Grand Ole Oaks

Boggan Estates Apartments

The Westerly

Madison at Schilling Farms

Courtyard Off the Square Apartments

Rev Oxford

Carnation Village

105 Shannon St

131 W 10th St

1713 Black Zion Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

116 S Child St

193 Salem Ln

155 N Columbia St

1723 Black Zion Rd

456 N Spring St

855 Birmingham Ridge Rd

3061 Nanny Rd

Pine Grove Apartments

623 N Gloster St

1653 MS-178
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

141 Cartwright Ave

2949 Old Belden Cir

116 Pannell Ave

136 Kellum Dr

126 Money St

122 Traceview Ln

446 S Feemster Lake Rd

104 Countryview Ln

213 College Ave

3781 MS-334
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.
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 | $1,436 | $1,419 | $1,459 |
| New Albany 1 Bedroom Apartments | $1,518 | $725 | $2,622 |
| New Albany 2 Bedroom Apartments | $1,674 | $750 | $3,264 |
| New Albany 3 Bedroom Apartments | $2,273 | $879 | $4,127 |
| New Albany 4 Bedroom Apartments | $978 | $799 | $1,195 |
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 2 Beds unit found at The Gardens Apartments priced from $750. Oakwood Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable New Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Gardens Apartments | 1x1The Gardens Apartments | 2BR,1BA | $750 |
| Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $800 |
| Monarch Creek | 2 Bedroom 2 Bathroom - A1 - Deluxe | 2BR,2BA | $916 |
| Center Court Apartments | 1BR-FLD | 1BR,1BA | $975 |
| Trace Ridge | 1 bdrm 1 bath | 1BR,1BA | $987 |
| Anderson Estates | 3X1 | 3BR,1BA | $1,038 |
| Pines at Barnes Crossing | 1A | 1BR,1BA | $1,063 |
| Park Place Apartments | 1x1 | 1BR,1BA | $1,085 |
| The Grove of Cayce | 2bedroom x 2bath | 2BR,2BA | $1,100 |
| The Meadows on Main | 2 bedroom townhome | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in New Albany, MS and Nearby
As of January 25, 2026 the best value apartment in the New Albany area is the $0.96 price per square foot 2 bedroom townhome Model at The Meadows on Main in the starting from $1,100. The second greatest value New Albany apartment is the 2 Bedroom 1 -1/2 Bathroom Townhouse Model at King's Creek starting at $1,150 with a $1.01 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. |
|---|---|---|---|
| The Meadows on Main | 2 bedroom townhome | 2BR,1.5BA | $0.96 |
| King's Creek | 2 Bedroom 1 -1/2 Bathroom Townhouse | 2BR,1.5BA | $1.01 |
| Anderson Estates | 3X1 | 3BR,1BA | $1.06 |
| Monarch Creek | 2 Bedroom 2 Bathroom - A1 - Deluxe | 2BR,2BA | $0.94 |
| Heritage Park | 2 Bedroom Two Bathroom | 2BR,2BA | $1.16 |
| The Grove of Cayce | 2bedroom x 2bath | 2BR,2BA | $1.23 |
| Bailey Creek Apartment Homes | Summer Breeze | 1BR,1BA | $1.39 |
| Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
| The Gardens Apartments | 1x1The Gardens Apartments | 2BR,1BA | $1.03 |
| Trace Ridge | 1 bdrm 1 bath | 1BR,1BA | $1.36 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
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
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 $1,409.
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 $750 at The Gardens Apartments.
What is the most affordable New Albany Three Bedroom Apartment?
The best deal on a cheap New Albany Three Bedroom Apartment rental is at Anderson Estates and starts from $1,038.
Expert Rental Resources
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.