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Newest Homes for Rent in New Albany, MS

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  • /7

    $1,300 Per Month

    • 2 Beds
    • 1 Bath
    • 852 Sq Ft
    • House for Rent

    407 2nd St, New Albany, MS 38652

    407 2nd St, New Albany | 2 Bed / 1 Bath | $1,300/MonthDon't miss this cozy 2 bedroom, 1 bathroom home nestled right in the heart of New Albany. Whether you're a first-time renter or looking to downsize, this charming home checks all the boxes — all appliances included and lawn maintenance taken care of, so all you have to do is move in and enjoy.The Details:$1,300/month

    407 2nd St, New Albany, MS 38652
  • /40

    Starting at $1,122 Per Month

    • 1 - 3 Beds

    1119 Bratton Rd, New Albany, MS 38652

    Welcome to Park Place apartments! We offer one-, two-, and three-bedroom homes complete with modern amenities, meticulously-groomed grounds, and a dedicated staff. We are located in delightful New Albany, Mississippi—a vibrant city located in the hills of north Mississippi. With an unbeatable location right by I-22, you will be just minutes from shopping, dining, and historic downtown. Residents

    Park Place Apartments

    1119 Bratton Rd, New Albany, MS 38652
  • /20

    Starting at $765 Per Month

    • 1 - 2 Beds

    910 Kings Creek Rd, New Albany, MS 38652

    Enjoy the quiet surroundings and private feel of the area. We are just 5 minutes away from historical downtown, Tallahatchie Trails, and the City of New Albany Sportsplex. You are also just 20 minutes away from Tupelo. We offer affordable 1 and 2 bedroom apartment homes. Conveniently located we offer a sparkling pool, fitness center and playground! Nestled between woods and a productive farm, The

    The Gardens Apartments

    910 Kings Creek Rd, New Albany, MS 38652

Frequently Asked Questions

How much does it cost to rent a home in New Albany, MS?
The median rent for a home in New Albany, MS is $1,300 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in New Albany, MS?
To comfortably afford the median rent in New Albany, MS, a household needs to earn roughly $52,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,300 per month in New Albany, MS, renters typically need to show $3,900 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New Albany, MS?
In New Albany, MS, the price-to-rent ratio is 12.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,300
Median Single Family Home Rent
$1,300
How to Rent a Home