Cheap Apartments for Rent in New Albany, IN

286 Rentals

.

2 BEDS

$1,136+

3 BEDS

$1,314+

Colonial Village Apartments

1830 Garrison Dr, Clarksville, IN 47129

Call (812) 632-2010
Exceptional Value

|

1 BED

$1,175+

2 BEDS

$1,295+

The Bend

1909 Greentree Blvd, Clarksville, IN 47129

Call (812) 405-4521
Rent Special

Rent Special

|

2 BEDS

$1,195

Silver Creek Commons East & West

4737 Grant Line Rd, New Albany, IN 47150

Call (930) 200-5503
2 BEDS

$1,195

Adelyn Apartments

4231 Mel Smith Rd, New Albany, IN 47150

Call (502) 309-2552
2 BEDS, 1 BATH

$1,195

630 W 8th St

630 W 8th St, New Albany, IN 47150

Call (202) 914-5621
3 BEDS, 1 BATH

$1,195

508 Vincennes St

508 Vincennes St, New Albany, IN 47150
2 BEDS, 2 BATHS

$1,195

4231 Mel Smith Rd Unit 5

4231 Mel Smith Rd, New Albany, IN 47150
STUDIO

$1,200+

1 BED

$1,225+

2 BEDS

$1,495+

The Breakwater

411 E Spring St, New Albany, IN 47150

Call (812) 624-6602
2 BEDS

$1,200

St. James Place - 1/2 Off First and Last Month's Rent!

2239 Charlestown Rd, New Albany, IN 47150

Call (930) 666-0917
1 BED

$1,200+

2 BEDS

$1,271+

3 BEDS

$1,560+

The Villas At Green Valley

2406 Green Valley Rd, New Albany, IN 47150

Call (812) 645-5552
1 BED

$1,200

The Howard Residence

223 Main St, New Albany, IN 47150

Apply
3 BEDS, 1 BATH

$1,220

3 Bedroom Pet-Friendly Home in Louisville, KY with Main Street Renewal

3818 Bank St, Louisville, KY 40212
1 BED

$1,222+

2 BEDS

$1,252+

The Commons Apartments

818 Hausfeldt Ln, New Albany, IN 47150
1 BED

$1,225

Marvin Gardens on Main – 1/2 Off First and Last Month's Rent!

1601 E Main St, New Albany, IN 47150

Call (812) 920-5158
2 BEDS, 1 BATH

$1,249

1733 McDonald Ln

1733 McDonald Ln, New Albany, IN 47150
1 Month Free

1 Month Free

|

2 BEDS

$1,250

Academy Park Apartments

718 Academy Dr, New Albany, IN 47150

Call (502) 677-3803
3 BEDS, 1 BATH

$1,250

116 S 45th St

116 S 45th St, Louisville, KY 40212
3 BEDS, 1 BATH

$1,300

111 N 46th St

111 N 46th St, Louisville, KY 40212
2 BEDS, 1 BATH

$1,300

704 W 7th St

704 W 7th St, New Albany, IN 47150
2 BEDS, 1 BATH

$1,325

525 E 8th St

525 E 8th St, New Albany, IN 47150
3 BEDS, 1 BATH

$1,350

119 N 44th St

119 N 44th St, Louisville, KY 40212
2 BEDS, 2 BATHS

$1,400

209 S 42nd St

209 S 42nd St, Louisville, KY 40212
|

2 BEDS

$1,465

Lochwood Apartments

1429 Slate Run Rd, New Albany, IN 47150

Call (812) 382-3111
3 BEDS, 2 BATHS

$1,512

3814 Franklin St

3814 Franklin St, New Albany, IN 47150

Call (202) 914-5621
3 BEDS, 1.5 BATHS

$1,550

3910 Dunbar Ave

3910 Dunbar Ave, New Albany, IN 47150

Call (502) 381-7169
4 BEDS, 2 BATHS

$1,750

3206 Rudd Ave

3206 Rudd Ave, Louisville, KY 40212
3 BEDS, 2.5 BATHS

$1,845

3920 Dunbar Ave

3920 Dunbar Ave, New Albany, IN 47150

Call (812) 219-8852
3 BEDS, 1 BATH

$1,850

1709 Ekin Ave

1709 Ekin Ave, New Albany, IN 47150
3 BEDS, 2 BATHS

$1,865

3842 Dunbar Ave

3842 Dunbar Ave, New Albany, IN 47150

Call (502) 276-2929
3 BEDS, 2 BATHS

$1,950

3 bedroom 2 bath home located just off Grantline Rd.

3133 Murr Ln, New Albany, IN 47150
3 BEDS, 2 BATHS

$2,050

332 Ingram Ave

332 Ingram Ave, New Albany, IN 47150

Call (502) 276-2929
3 BEDS, 2.5 BATHS

$2,110

2020 Greentree N

2020 Greentree N, Clarksville, IN 47129
3 BEDS, 2.5 BATHS

$2,110

2022 Greentree N

2022 Greentree N, Clarksville, IN 47129
Call for Rent

z-120125-The Monroe

940 University Woods Dr, New Albany, IN 47150

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New Albany at a Glance

Average Rent

$956

(All bedrooms and property types)

Learn more about

Average Rent in New Albany

7

School Rating

out of 10 Rating

Learn more about

Schools in New Albany

1

Some Transit

out of 100 TransitScore^® Rating

Learn more about

Transportation in New Albany

43

Somewhat Bikeable

out of 100 BikeScore^® Rating

Learn more about

Transportation in New Albany

Renting in New Albany

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 507 Sq Ft $955 / mo
1 Bedroom 795 Sq Ft $956 / mo
2 Bedrooms 1,080 Sq Ft $1,126 / mo
3 Bedrooms 1,283 Sq Ft $1,373 / mo
4 Bedrooms 1,407 Sq Ft $1,829 / mo

Top Budget-Friendly Neighborhoods in New Albany

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Downtown New Albany 846 Sq Ft $1,387/mo

Getting Around New Albany

Transportation

51

Somewhat Walkable

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

43

Somewhat Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

1

Minimal Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

High School

GreatSchools Rating

New Albany Senior High School

Public High School

Public

Grades 9-12

Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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