
Cheap Homes for Rent in New Albany, MS from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in New Albany.


121 Co Rd 736

321 Pratts Rd

456 N Spring St

2047 Bankhead St

507 S Middle St
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.

118 W Garrison Dr

2864 Traceland Dr

144 Anthony St

207 Lakeview Dr

100 Montana Dr

115 Dr 1219
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.
New Albany, MS Local Guide

How much does it cost to rent a home in New Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Albany 2 Bedroom Homes for Rent | $1,496 | $700 | $2,800 |
| New Albany 3 Bedroom Homes for Rent | $1,912 | $700 | $3,750 |
| New Albany 4 Bedroom Homes for Rent | $2,667 | $1,419 | $4,800 |
| New Albany 5 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
Browse Top Homes for Rent 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. The Links & The Greens at Oxford has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. 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 | $905 |
| Trace Ridge | 1 bdrm 1 bath | 1BR,1BA | $954 |
| Villa West | 3 Beds, 2 baths | 3BR,2BA | $999 |
| Flatts at South Campus | 1 Bedroom (A1) Furnished | 1BR,1BA | $1,019 |
Best Value Apartments for Rent in New Albany, MS and Nearby
As of October 28, 2025 the best value apartment in the New Albany area is the $1.11 price per square foot 2x2 Platinum Model at Park Place Apartments in the starting from $1,350. The second greatest value New Albany apartment is the 2 bedroom townhome Model at The Meadows on Main starting at $1,100 with a $0.96 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. |
|---|---|---|---|
| Park Place Apartments | 2x2 Platinum | 2BR,2BA | $1.11 |
| 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 | Bradley | 2BR,2BA | $1.34 |
| Anderson Estates | 3X1 | 3BR,1BA | $1.06 |
| Monarch Creek | 2 Bedroom 2 Bathroom - A1 - Deluxe | 2BR,2BA | $1.06 |
| Boggan Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.14 |
| The Grove of Cayce | 2bedroom x 2bath | 2BR,2BA | $1.23 |
| Oakwood Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
| Trace Ridge | 1 bdrm 1 bath | 1BR,1BA | $1.32 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleQuick Rent Budget Calculator
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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.
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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See the most popular apartments and homes in New Albany, MS
Frequently Asked Questions about New Albany
What type of rentals are currently available in New Albany?
There are currently 48 Apartments for Rent in New Albany, MS with pricing that ranges from $539 to $4,130. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Albany ranging from $700 to $4,800.
What is the current price range for Rental Homes in New Albany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Albany ranges from $700 to $4,800 with an average monthly rent of $1,894.
How much are larger Three and Four Bedroom Rentals in New Albany?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Albany range from $759 to $4,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,419 and Four Bedroom Apartments start at $539.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.