Rentometer, Inc. | Data as of 10/22/2025
New Albany, Mississippi offers a welcoming blend of small‑town charm and convenient urban amenities, making it an attractive destination for renters seeking a balanced lifestyle. The city’s historic downtown features well‑preserved 19th‑century architecture, boutique shops, and a vibrant culinary scene, while the nearby Natchez Trace Parkway provides easy access to outdoor recreation such as hiking, biking, and fishing. Neighborhoods like the Riverside District and the Historic District are especially popular for their tree‑lined streets, community parks, and close proximity to schools and local businesses.
The rental market in New Albany is centered around modern apartment communities that cater to a range of household sizes. Two‑bedroom apartments, in particular, dominate the available inventory, delivering comfortable living spaces that often include updated kitchens, on‑site laundry facilities, and community amenities such as fitness centers and swimming pools. Rent for these units typically falls in the $990s range, with a median price near the $880 mark, reflecting an affordable yet competitive market for both young professionals and families.
Beyond housing, residents benefit from a strong sense of community and a variety of local attractions. Annual events like the New Albany Homecoming Festival celebrate the city’s heritage, while nearby cultural sites such as the New Albany Museum and the historic downtown theater add to the area’s appeal. With its blend of historic flair, outdoor opportunities, and reasonably priced apartments, New Albany remains a compelling choice for renters looking to experience the best of Mississippi living.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $991 | $875 | $750 - $1,348 | $750 - $1,348 |
In the current period, the average rent in New Albany was $991 for 2 Bedroom.
Data provided by Rentometer, Inc.