Cheap Houses for Rent in New Albany, IN

29 rentals

Apartments For Rent Near New Albany, IN

We found 30 more apartments matching your filters just outside New Albany

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 May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$1,600
Jul 2025$1,500
Aug 2025$1,525
Sep 2025$1,600
Oct 2025$1,495
Nov 2025$1,350
Dec 2025$1,550
Jan 2026$1,700
Feb 2026$1,500
Mar 2026$1,512
Apr 2026$1,512
May 2026$1,512
View as a graph

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 bed2 beds3 beds4 bedsAll
All home types$850$1,199$1,589$1,900$1,199
Townhomes—$1,144$1,400—$1,400
Apartments and Condos$825$1,200$1,120$1,950$990
Houses$1,000$1,200$1,684$1,678$1,500

Frequently Asked Questions about Houses for rent in New Albany, IN

  • What is the average rent of a house in New Albany, IN?
    The average rent of a house in New Albany, IN is $1,500 per month. This is about 22% 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 $1,350 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 May 2025 when it was $1,600 per month.
  • How many houses are available to rent in New Albany, IN?
    There are 32 available houses to rent in New Albany, IN.
  • What are some neighborhoods in New Albany, IN?
    Some neighborhoods in New Albany, IN include: Midtown, Fairmont, Downtown.
  • What are some zip codes in New Albany, IN?
    New Albany, IN includes zip codes such as: 47150, 47151.
  • 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.