
Cheap Apartments for Rent in New Albany, MS from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in New Albany.

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.

Rosewood Place Apartments

Purdy Place Apartments

Oakwood Village Apartments

Anderson Estates

The Links & The Greens at Oxford

The Meadows on Main
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.

Pine Grove Apartments

The Grove of Cayce
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.

907 Palmetto Rd

116 S Child St

203 Hatchie St

1489 Co Rd 51
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 | $1,471 | $1,407 | $1,562 |
New Albany 1 Bedroom Apartments | $1,416 | $685 | $2,000 |
New Albany 2 Bedroom Apartments | $1,588 | $655 | $2,474 |
New Albany 3 Bedroom Apartments | $2,358 | $875 | $3,500 |
New Albany 4 Bedroom Apartments | $940 | $895 | $985 |
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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. The Links & The Greens at Oxford has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. 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 |
The Links & The Greens at Oxford | Classic Deluxe IV | Greens | 1BR,1BA | $880 |
Boggan Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,080 |
Grand Ole Oaks | 1 bdrm 1bath | 1BR,1BA | $1,086 |
Madison at Schilling Farms | Windsor | 1BR,1BA | $1,142 |
Best Value Apartments for Rent in New Albany, MS and Nearby
As of June 21, 2025 the best value apartment in the New Albany area is the $1.36 price per square foot Waterside-Renovated Model at Bailey Creek Apartment Homes in the in the Windyke-Southwind neighborhood starting from $1,655. The second greatest value New Albany apartment is the C1-U Model at Vista Ridge Apartments starting at $1,645 with a $1.43 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. |
---|---|---|---|
Bailey Creek Apartment Homes | Waterside-Renovated | 3BR,2BA | $1.36 |
Vista Ridge Apartments | C1-U | 3BR,2BA | $1.43 |
The Westerly | 3 Bedroom 2 Bathroom - Premium | 3BR,2BA | $1.27 |
Annandale Gardens Apartments | The Magnolia Plus | 2BR,2BA | $1.46 |
Boggan Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.13 |
Collier Village Apartments | 22L 2br | 2BR,1.5BA | $1.43 |
The Signature At Schilling Farms | The Escape | 1BR,1BA | $1.53 |
Grand Ole Oaks | 1 bdrm 1bath | 1BR,1BA | $1.36 |
Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
King's Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.28 |
Quick Rent Budget Calculator
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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!
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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 $1,407.
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 $950 at King's 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 The Westerly and starts from $1,395.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.