Apartments For Rent in New Albany, IN
86 rentals
Use arrow keys to navigateNEW - 1 DAY AGOPET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,195 - $1,350/mo
2 Beds
2 BathsSilver Creek Commons East & West | 4737 Grantline Rd #411,
New Albany, IN 47150
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Use arrow keys to navigatePET FRIENDLY$899 - $1,049/mo1-2 Beds1-2 BathsThe Monroe | 940 University Woods Dr #f6f2ebedf,
New Albany, IN 47150
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,155 - $1,365/mo1-2 Beds1-2 BathsLochwood Apartments | 1429 Slate Run Rd #1425-02,
New Albany, IN 47150
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$899 - $1,205/moStudio-3 Beds1-2 BathsHUB of New Albany Apartments | 4100 Prestwick Sq #4128,
New Albany, IN 47150
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NEW - 1 DAY AGOPET FRIENDLY$1,211 - $1,468/mo1-2 Beds1-2 BathsThe Commons & Commons Hill Apartments | 818 Hausfeldt Ln #14,
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 increased in Apr 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,200 |
| Jun 2025 | $1,161 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $875 | $1,181 | $1,497 | $2,500 | $1,130 |
| Townhomes | — | $1,080 | $1,400 | — | $1,150 |
| Apartments and Condos | $875 | $1,199 | $1,275 | — | $995 |
| Houses | $950 | $1,297 | $1,815 | $2,500 | $1,815 |
Frequently Asked Questions about Rentals in New Albany, IN
- What is the average rent in New Albany, IN?The average rent in New Albany, IN is $1,200. Rent prices range from $650 to as much as $4,000, depending on the type of rental.
- How does the rent in New Albany, IN compare to the national average?Average rent in New Albany, IN is about 37% lower than the national average rent of $1,910. That means it is less expensive to rent in New Albany compared to the U.S. average.
- What is the average rent in New Albany, IN, by number of bedrooms?The average rent in New Albany, IN is $752 for a studio, $864 for a 1 bedroom, $1,166 for a 2 bedroom, $1,560 for a 3 bedroom, and $1,697 for a 4 bedroom.
- How many available rental listings are in New Albany, IN?There are 84 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.