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Rent in New Albany, MS

A 2-bedroom in New Albany, MS (ZIP 38652) typically rents for about $823 a month, with a range of $823–$905. Owner-occupied homes in Union County pay about 0.56% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in New Albany, MS by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$857$798–$8571
1 bed$840$831–$8401
2 beds$823$823–$9051
3 beds$955$955–$1,1281
4 beds$1,151$1,151–$1,1891

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

New Albany ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in New Albany, MS?
About $823 a month: the median of the typical rents in 1 ZIP code, which range from $823–$905. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in New Albany, MS?
About $840 a month: the median of the typical rents in 1 ZIP code, which range from $831–$840. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in New Albany, MS?
About $955 a month: the median of the typical rents in 1 ZIP code, which range from $955–$1,128. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in New Albany, MS?
About $857 a month: the median of the typical rents in 1 ZIP code, which range from $798–$857. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in New Albany, MS?
About $1,151 a month: the median of the typical rents in 1 ZIP code, which range from $1,151–$1,189. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in New Albany, MS?
Owner-occupied homes in Union County pay a typical 0.56% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these New Albany rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).