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  1. Exceptional Value
    |
    1 BED
    $1,175+
    2 BEDS
    $1,295+

    The Bend

    1909 Greentree Blvd, Clarksville, IN 47129
    (812) 405-4521
Showing 42 of 75 results, Page 1 of 2

New Albany at a Glance

Average Rent

$968
(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

New Albany, IN Apartments for Rent

New Albany stretches along the Ohio River across from Louisville, Kentucky, and serves as the county seat of Floyd County. Those searching for apartments for rent in New Albany will discover living costs well below the national average, with quick access to Interstate 64 and an easy commute to downtown Louisville. The city showcases beautiful 19th-century homes and buildings, plus a thriving downtown shopping and dining scene along Main Street and Market Street.

Renting in New Albany works well for people who want Louisville's job opportunities and entertainment close by without paying big-city prices. You'll find apartment communities throughout neighborhoods like Downtown New Albany, home to great restaurants and shops, and Blackiston Mill, offering convenient highway access. Residents love spending time at the Carnegie Center for Art and History, Indiana University Southeast campus, and the New Albany Farmers' Market every Saturday downtown. Getting to Louisville is simple with Transit Authority of River City buses (routes 71 and 82) connecting you to downtown, while I-64 links you to everything else in the Louisville metro area.

Renting in New Albany

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in New Albany

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

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

GreatSchools Rating

Public High School

Public
Grades 9-12
Students

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

Frequently asked questions about renting in New Albany, IN

What are the average rent costs in New Albany, IN?

The average rent in New Albany, IN is $968.

What are the average rent costs of a studio apartment in New Albany, IN?

The average rent for a studio apartment in New Albany, IN is $964.

What are the average rent costs of a one bedroom apartment in New Albany, IN?

The average rent for a 1 bedroom apartment in New Albany, IN is $968.

What are the average rent costs of a two bedroom apartment in New Albany, IN?

The average rent for a 2 bedroom apartment in New Albany, IN is $1,130.

What are the average rent costs of a three bedroom apartment in New Albany, IN?

The average rent for a 3 bedroom apartment in New Albany, IN is $1,374.

What are the average rent costs of a four bedroom apartment in New Albany, IN?

The average rent for a 4 bedroom apartment in New Albany, IN is $1,829.

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