Cheap Apartments for Rent in New Albany, IN
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Studio-3 Beds
1-2 BathsHUB of New Albany Apartments | 4100 Prestwick Sq,
New Albany, IN 47150
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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 Aug 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| 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 | $1,187 |
| May 2026 | $1,200 |
| Jun 2026 | $1,195 |
| Jul 2026 | $1,126 |
| Aug 2026 | $1,116 |
Average Rent By Bedroom and Home Type
In August 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 | $862 | $1,100 | $1,425 | $1,600 | $1,104 |
| Townhomes | — | $1,195 | $1,395 | — | $1,395 |
| Apartments and Condos | $795 | $1,200 | $849 | — | $895 |
| Houses | $950 | $1,099 | $1,600 | $1,600 | $1,397 |
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 $1,024 per month. This is about 48% 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 $862 per month. That is about $34 more than the cost of a studio apartment.
- How many available rental listings are in New Albany, IN?There are 81 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.
View this page in Spanish: Apartamentos baratos en renta en New Albany, IN - 172 Rentas | Trulia