What is the median rent in New Albany, MS?

The median gross rent in New Albany, MS is $973 (±$98) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,088 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In New Albany, the median gross rent went from $754 in 2015–2019 to $973 in 2020–2024 (+29.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$973 (±$98)
Rented homes
1,088 (±204)
$2,000 or more
0.0%
Since 2015–2019
+29.0%

How much rent costs in New Albany

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentNew AlbanyUnion CountyMississippiUnited States
Less than $5006.1% (±5.5 points)7.9%12.5%6.3%
$500 to $99947.5% (±14.3 points)59.6%42.3%20.2%
$1,000 to $1,49936.8% (±13.6 points)27.3%32.8%28.1%
$1,500 to $1,9999.7% (±6.1 points)5.2%9.3%21.1%
$2,000 to $2,4990.0% (±4.0 points)0.0%2.2%12.0%
$2,500 to $2,9990.0% (±4.0 points)0.0%0.4%5.5%
$3,000 or more0.0% (±4.0 points)0.0%0.6%6.8%

The most common range is $500 to $999, paid by 47.5% of renting households.

0.0% of rented homes in New Albany cost $2,000 or more a month.

New Albany against Union County, its state and the nation

Estimate (90% margin of error)
New AlbanyUnion CountyMississippiUnited States
Median gross rent$973 (±$98)$865 (±$43)$954 (±$8)$1,413
Rented homes paying rent1,088 (±204)2,132 (±319)303,558 (±4,274)42,849,984

In New Albany, median gross rent is higher than in Union County ($865).

It is not measurably different from Mississippi ($954).

It is lower than the national figure ($1,413).

In Union County, New Albany ranks 1 of 3 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 72 of 280.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in New Albany has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$754 (±$45)$973 (±$98)+29.0%No measurable change after inflation
Households that rent42.0% (±6.2 points)38.3% (±6.2 points)−3.7 percentage pointsNot a measurable change
Rental vacancy rate9.9% (±6.7 points)0.0% (±3.7 points)−9.9 percentage pointsMeasurable decrease

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near New Albany

Nearest places with a published estimate, compared with New Albany
PlaceDistanceMedian gross rentCompared with this place
New Albany—$973 (±$98)—
Myrtle7.2 mi$939 (±$185)Not measurably different
Ecru10.0 mi$797 (±$173)Not measurably different
Blue Springs10 mi$733 (±$369)Not measurably different
Blue Mountain13 mi$718 (±$97)Lower
Hickory Flat13 mi$733 (±$71)Lower
Sherman14 mi$982 (±$170)Not measurably different
Dumas14 mi$688 (±$112)Lower
Thaxton16 mi$820 (±$69)Lower

Nearby places with a measurably lower figure: Blue Mountain, MS ($718), Hickory Flat, MS ($733), Dumas, MS ($688).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Union County, place by place

RankPlaceMedian gross rent
1New Albany$973 (±$98)
2Myrtle$939 (±$185)
3Blue Springs$733 (±$369)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about New Albany

What is the average rent in New Albany, MS?

The Census Bureau publishes the median rather than the average: the median gross rent in New Albany is $973 (±$98) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in New Albany?

In New Albany, the median gross rent went from $754 in 2015–2019 to $973 in 2020–2024 (+29.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in New Albany cost more than $2,000 a month?

0.0% of rented homes in New Albany have a gross rent of $2,000 or more a month, and 6.1% cost less than $500.

Is rent in New Albany higher than in Union County?

In New Albany, median gross rent is higher than in Union County ($865).

It is not measurably different from Mississippi ($954).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Albany city, Mississippi (place:51000, in state:28).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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