Apartments For Rent in New Albany, IN
86 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$899 - $1,049/mo
1-2 Beds
1-2 BathsThe Monroe | 940 University Woods Dr #f6f2ebedf,
New Albany, IN 47150
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,155 - $1,365/mo1-2 Beds1-2 BathsLochwood Apartments | 1429 Slate Run Rd #66,
New Albany, IN 47150
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Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$820 - $1,180/moStudio-3 Beds1-2 BathsHUB of New Albany Apartments | 4100 Prestwick Sq #4101,
New Albany, IN 47150
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PET FRIENDLY$765 - $970/moStudio-2 Beds1 BathMaple Grove Apartments | 1612 Dewey St #463525,
New Albany, IN 47150
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PET FRIENDLY$795 - $970/mo1-2 Beds1 BathLocust Grove Apartments | 2741 Charlestown Rd #463570,
New Albany, IN 47150
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SPECIAL OFFERPET FRIENDLY$1,175 - $1,453/mo1-2 Beds1-2 BathsThe Commons & Commons Hill Apartments | 818 Hausfeldt Ln #820-27,
New Albany, IN 47150
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What Locals Say about New Albany
Review Highlights
New Albany, IN: upbeat river town with affordable homes, handy parks, and fast access to Louisville. People enjoy cheap housing, friendly vibe, parks, and quick trips to Louisville. They dislike pockets of crime, poor lighting, scarce sidewalks, and rush-hour traffic.
AI-generated summary of moderated reviews.
Average Rent Trends in New Albany, IN
Rent in New Albany, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,167 |
| Aug 2025 | $1,188 |
| Sep 2025 | $1,242 |
| Oct 2025 | $1,256 |
| Nov 2025 | $1,209 |
| Dec 2025 | $1,195 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,100 |
| Mar 2026 | $1,050 |
| Apr 2026 | $1,191 |
| May 2026 | $1,200 |
| Jun 2026 | $1,195 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $858 | $1,197 | $1,497 | $1,900 | $1,189 |
| Townhomes | — | $1,150 | $1,400 | — | $1,150 |
| Apartments and Condos | $850 | $1,195 | $849 | $1,950 | $925 |
| Houses | $950 | $1,200 | $1,500 | $1,900 | $1,400 |
Frequently Asked Questions about Rentals in New Albany, IN
- What is the average rent of an apartment in New Albany, IN?The average rent of an apartment in New Albany, IN is $1,046 per month. This is about 46% lower than the national average.
- What is the average rent of a house in New Albany, IN?The average rent of a house in New Albany, IN is $1,400 per month. This is about 27% lower than the national average.
- What is the average rent of a townhome in New Albany, IN?The average rent of a townhome in New Albany, IN is $1,150 per month. This is about 40% lower than the national average.
- When is the average rent cheapest in New Albany, IN?In the last year, the average rent in New Albany, IN was lowest in Mar 2025 when it was $1,019 per month.
- When is the average rent most expensive in New Albany, IN?In the last year, the average rent in New Albany, IN was highest in Oct 2025 when it was $1,256 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in New Albany, IN?The average rent of a 1 bedroom apartment in New Albany, IN is $858 per month. That is about $33 more than the cost of a studio apartment.
- How many available rental listings are in New Albany, IN?There are 92 available rental listings in New Albany, IN.
- What are some neighborhoods in New Albany, IN?
- What are some zip codes in New Albany, IN?
- What are some cities near New Albany, IN?Some nearby cities include: Clarksville, Floyds Knobs, Georgetown, Lanesville, Jeffersonville. These cities may have more rental options to explore.