Apartments & Homes for Rent in New Albany, MS

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What to Know About

Life in New Albany & Beyond

New Albany shares many of the great qualities that make Mississippi a desirable place to live.

Mississippi is where the past meets the present in a harmonious blend of rich history and cultural heritage. Immerse yourself in the state's cultural riches by visiting world-class museums like the Mississippi Museum of Art and the Biloxi Lighthouse. Elevate your mind and expand your horizons at universities like Ole Miss in Oxford and Mississippi State in Starkville. Mississippi is a dynamic destination for those seeking work and leisure and boasts a prosperous economy supported by agriculture, manufacturing, and healthcare.

The state offers a range of scenic experiences, from fishing in the Gulf of Mexico to hiking in the lush DeSoto National Forest and Natchez Trace Parkway. Sports fans can experience the excitement of college sports games at universities throughout the state. In addition, take advantage of iconic attractions like the Vicksburg National Military Park, historic Biloxi, the B.B. King Museum and Delta Interpretive Center, or the historic city of Natchez.

Embrace the Magnolia State and discover why Mississippi is a southern gem that shines bright. With its deep history and welcoming spirit, Mississippi is the perfect place to call home.

Rental Market Trends

New Albany, MS

As of April 2025, New Albany's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Albany's average rent is 47.9% ($660) lower than the Mississippi average of $1,377 and 60.1% ($1,082) lower than the U.S. average of $1,799.

Average Rent
$717
Monthly ChangeMonth Over Month Change
Decreased0.7% ($5)
Yearly ChangeYear Over Year Change
Increased10.3% ($67)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $602 No change Increased7.1% ($40)
2 Beds $700 No change Increased7.2% ($47)
3 Beds $821 No change Increased7% ($54)
Nearby Cities Average Rent Avg. Rent vs. New AlbanyAverage Rent vs. New Albany Avg. Days on MarketAverage Days on Market
Pontotoc $899 Increased25.4% ($182) 37 days
Saltillo $1,023 Increased42.7% ($306) 35 days
Tupelo $1,004 Increased40% ($287) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
New Albany Rental Market FAQs

Explore rental prices, market trends, and availability in New Albany, MS.

The average rent in New Albany, MS is $717 per month.
Homes in New Albany typically rent for between $600 and $1,067 per month, with an average of $717 per month.
In New Albany, the average rent for a 1-bedroom home is $602 per month, for a 2-bedroom home, $700 per month, and a 3-bedroom home is $821 per month.
The average rent in New Albany is 60.1% ($1,082) lower than the national average of $1,799 per month.
The average rent in New Albany has decreased by 0.7% ($5) in the last month and increased by 10.3% ($67) over the past year.
The rental market in New Albany, MS, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In New Albany, MS, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in New Albany, MS.
Based on the current averages, a household would need an annual income of $28,000 to comfortably afford a 2-bedroom home in New Albany.
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