Cheap Apartments for Rent in New Albany, MS from $300 (36 Rentals)

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Albany Acres Apartments
1 to 3 Bedroom Apartments

Albany Acres Apartments

916 Fairground Spur RdNew Albany, MS 38652
  • Utilities Included

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.

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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.

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Carnation Village
1 to 2 Bedroom Apartments

Carnation Village

514 Carnation StTupelo, MS 38801
Senior Living
  • Utilities Included

Cash 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.

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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.

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Showing Results 1-36, Page 1 of 1

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 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 ListingModel NameBed/BathPriced From
The Gardens Apartments1x1The Gardens Apartments2BR,1BA$750
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$800
Monarch Creek1 Bedroom 1 Bathroom - A11BR,1BA$861
The Links & The Greens at OxfordClassic Deluxe IV | Greens1BR,1BA$905
The Meadows on Main1 bedroom1BR,1BA$925
Trace Ridge1 bdrm 1 bath1BR,1BA$941
Center Court Apartments1BR-FLD1BR,1BA$975
Anderson Estates3X13BR,1BA$1,038
Pines at Barnes Crossing1A1BR,1BA$1,088
The Grove of Cayce2bedroom x 2bath2BR,2BA$1,100

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

As of December 11, 2025 the best value apartment in the New Albany area is the $1.07 price per square foot 2x2 Platinum Model at Park Place Apartments in the starting from $1,301. The second greatest value New Albany apartment is the 3X1 Model at Anderson Estates starting at $1,038 with a $1.06 price per square foot in the The Square neighborhood. 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$1.07
Anderson Estates3X13BR,1BA$1.06
Heritage Park2 Beds, 2 baths2BR,2BA$1.16
The Westerly2 Bedroom 2 Bathroom - Premium2BR,2BA$1.44
The Grove of Cayce2bedroom x 2bath2BR,2BA$1.23
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.41
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$1.09
Trace Ridge1 bdrm 1 bath1BR,1BA$1.30
The Gardens Apartments1x1The Gardens Apartments2BR,1BA$1.03
Center Court Apartments1BR-FLD1BR,1BA$1.43

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.

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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.

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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.

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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 $1,348.

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

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.