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

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

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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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The Meadows on Main
$925 - $1,250
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $1,220
Required Monthly Fees
$30
Total Monthly Price
$925 - $1,250
1 to 3 Bedroom Apartments Available Now

The Meadows on Main

2700 W Main StTupelo, MS 38801
  • Verified
  • Customer Reviewed
  • Utilities Included
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Center Court Apartments
$1,025 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$957 - $1,082
Required Monthly Fees
$68
Total Monthly Price
$1,025 - $1,150
1 to 2 Bedroom Apartments Available Now

Center Court Apartments

288 S Center StCollierville, TN 38017
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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

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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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.

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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 1 Bed unit found at Purdy Place Apartments priced from $725. Monarch Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $761. Here is today’s list of the most affordable New Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Purdy Place Apartments1 BDR/1 Bath1BR,1BA$725
Monarch Creek1 Bedroom 1 Bathroom - A11BR,1BA$761
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$800
The Links & The Greens at OxfordCustom | Links1BR,1BA$900
Heritage Park2 Bedroom Two Bathroom2BR,2BA$912
The Meadows on Main1 bedroom1BR,1BA$925
Archive Oxford4 Bedroom, 4 Bath Townhome 2 LVL4BR,4BA$999
Gloster Flats1 Bedroom 1 Bathroom - Premium1BR,1BA$1,050
Park Place Apartments1x11BR,1BA$1,051
Pines at Barnes Crossing1A1BR,1BA$1,085

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

As of March 21, 2026 the best value apartment in the New Albany area is the $1.34 price per square foot Building D Interior Model at Somerset Parc in the starting from $1,500. 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.
Somerset ParcBuilding D Interior2BR,2.5BA$1.34
The Westerly3 Bedroom 2 Bathroom - Premium3BR,2BA$1.27
Northpark ApartmentsHamilton Court Duplex2BR,2BA$1.33
Heritage Park2 Bedroom Two Bathroom2BR,2BA$0.98
The Grove of Cayce3bedroom x 2bath3BR,2BA$1.39
Courtyard Off the Square Apartments2BR/1BA2BR,1BA$1.41
Grand Ole Oaks1 bdrm 1bath1BR,1BA$1.40
Purdy Place Apartments1 BDR/1 Bath1BR,1BA$0.97
Oakwood Village Apartments1 Bed, 1 bath1BR,1BA$1.09
Monarch Creek1 Bedroom 1 Bathroom - A11BR,1BA$1.32

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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New Albany, MS

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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 $1,559.

How much is rent for a Cheap One Bedroom New Albany Apartment?

The lowest price for a Cheap One Bedroom New Albany Apartment is $725 at Purdy Place 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 $825 at Purdy Place 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 Purdy Place Apartments and starts from $925.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.

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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.