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The Monroe Apartments

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(812) 382-3309
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940 University Woods Dr, New Albany, IN 47150

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The Monroe

940 University Woods Dr
New Albany, IN 47150
(812) 382-3309
The Monroe in New Albany, IN - Building Photo
  • 1–2 Bedrooms
  • $899-$1,049 Pricing
  • 800–1,200 Square Feet

About The Monroe

The Monroe is located in the 47150 Zip code of New Albany, IN. This community is professionally managed by Winterwood Incorporated

Property Contact Info

Floorplan Pricing and Availability

The Monroe offers 1 to 2 Bedroom apartments starting from $949 and having 800–1,200 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees
  • 1 Bedroom

    1 Bedroom and 1 Bathroom

    From $949

    1 Bed, 1 Bath, 800 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $949Available Now175800
    $949Available Now177800
    $949Available Now179800

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price Range

    • $899 - $949

    Current Available Pricing

    • $949

    Deposit

    • $500 deposit

    Unit 175 Rent and Fees

    Unit Price

    • $949
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $899 - $949

    Unit 177 Rent and Fees

    Unit Price

    • $949
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $899 - $949

    Unit 179 Rent and Fees

    Unit Price

    • $949
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $899 - $949
  • 2 Bedrooms

    2 Bedroom and 1.5 Bathroom S

    $999

    2 Beds, 1.5 Baths, 1075 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $999Available Now0071075
    $999Available Now0251075
    $999Available Now0261075

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $999

    Deposit

    • $500 deposit

    Unit 007 Rent and Fees

    Unit Price

    • $999
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $999

    Unit 025 Rent and Fees

    Unit Price

    • $999
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $999

    Unit 026 Rent and Fees

    Unit Price

    • $999
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $999

    2 Bedroom and 1.5 Bathroom L

    $1,049

    2 Beds, 1.5 Baths, 1200 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,049Available Now1411200
    $1,049Available Now1521200
    $1,049Available Now1631200

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,049

    Deposit

    • $500 deposit

    Unit 141 Rent and Fees

    Unit Price

    • $1,049
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,049

    Unit 152 Rent and Fees

    Unit Price

    • $1,049
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,049

    Unit 163 Rent and Fees

    Unit Price

    • $1,049
    • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,049
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

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Call us at: (812) 382-3309 to schedule a tour.

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Property Information

  • 189 Units
  • 2 Stories
  • Built in 1971

Lease Terms

  • 18 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$60.00
Due at Move-In
Administrative FeeiLook and Lease special today only! We are waiving the $199 administration fee. Charged per unit.$199.00

Other Fees and Policies

Pet Fees

Bird
Monthly Pet FeeiMax of 2. Charged Per Pet.$30.00/mo
50 lbs. Weight Limit
Restrictions:

We are pet friendly! Ask about rules and restrictions for allowable pets!

Comments:

Max of 2.

Cat
Monthly Pet FeeiMax of 2. Charged Per Pet.$30.00/mo
50 lbs. Weight Limit
Restrictions:

We are pet friendly! Ask about rules and restrictions for allowable pets!

Comments:

Max of 2. Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.

Dog
Monthly Pet FeeiMax of 2. Charged Per Pet.$30.00/mo
50 lbs. Weight Limit
Restrictions:

We are pet friendly! Ask about rules and restrictions for allowable pets!

Comments:

Max of 2. Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.

Fish
Monthly Pet FeeiMax of 2. Charged Per Pet.$30.00/mo
50 lbs. Weight Limit
Restrictions:

We are pet friendly! Ask about rules and restrictions for allowable pets!

Comments:

Max of 2.

Other Pet
Monthly Pet FeeiMax of 2. Charged Per Pet.$30.00/mo
50 lbs. Weight Limit
Restrictions:

We are pet friendly! Ask about rules and restrictions for allowable pets!

Comments:

Max of 2.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Community Features

  • Corporate Housing

Interior Features

  • Windows
Google Map

Map

940 University Woods Dr, New Albany, IN 47150

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday8:30 am–5:00 pm
Tuesday8:30 am–5:00 pm
Wednesday8:30 am–5:00 pm
Thursday8:30 am–5:00 pm
Friday8:30 am–5:00 pm
Saturday10:30 am–3:30 pm
SundayClosed

Frequently Asked Questions about The Monroe

Where is The Monroe located?

The Monroe is located at 940 University Woods Dr, New Albany, IN

What is the current rent range at The Monroe?

1 Bedroom to 2 Bedroom Apartments at The Monroe currently range from $949 to $1,049

When is the leasing office open?

  • The office Hours for The Monroe are
  • Monday 8:30 am–5:00 pm
  • Tuesday 8:30 am–5:00 pm
  • Wednesday 8:30 am–5:00 pm
  • Thursday 8:30 am–5:00 pm
  • Friday 8:30 am–5:00 pm
  • Saturday 10:30 am–3:30 pm
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Cost Per Sq.Ft. 3.2

    The Cost Per Square Foot rating shows you the average cost per square foot for floorplans at this community in relation to the local average.

Learn more about Lifestyle Search

Nearby Schools

New Albany Senior High School

New Albany-Floyd County Con Sch
1020 Vincennes Street
Public School - Grades 9-12 (1812 Students)
In Attendance Zone4 minute drive / 2.0 miles away
7/10

Hazelwood Middle School

New Albany-Floyd County Con Sch
1021 Hazelwood Avenue
Public School - Grades K-8 (857 Students)
In Attendance Zone5 minute drive / 1.9 miles away
3/10

Mount Tabor School

New Albany-Floyd County Con Sch
800 Mount Tabor Road
Public School - Grades PK-5 (557 Students)
In Attendance Zone1 minute drive / 0.2 miles away
4/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from The Monroe.

Arts Museums and Landmarks

Louisville Slugger Museum and Factory

800 West Main Street
12 minute drive / 5.63 miles away

Muhammad Ali Center

144 North 6th Street
12 minute drive / 5.66 miles away

Belle of Louisville

401 West River Road
12 minute drive / 5.82 miles away

Big Box and Retail

Kroger

3200 Grant Line Rd
1 minute drive / 0.43 miles away

Kohl's

3899 Charlestown Rd
2 minute drive / 0.95 miles away

Aldi

4551 Charlestown Rd
5 minute drive / 1.99 miles away

Colleges and Universities

Indiana University, Southeast - Main Campus

4201 Grant Line Road
3 minute drive / 1.02 miles away

Indiana University, Southeast - Graduate Center

702 North Shore Drive
11 minute drive / 5.24 miles away

Jefferson Community and Technical College - Jefferson Technical Campus

727 West Chesnut Street
13 minute drive / 6.1 miles away

Groceries

Kroger

3200 Grant Line Rd
1 minute drive / 0.43 miles away

Aldi

4551 Charlestown Rd
5 minute drive / 1.99 miles away

Save-A-Lot

2626 Portland Ave
9 minute drive / 4.2 miles away

Hospitals

Physicians Medical Center

4023 Reas Ln
3 minute drive / 1.16 miles away

Baptist Health Floyd

1850 State St
5 minute drive / 2.45 miles away

Norton Clark Hospital

1220 Missouri Ave
9 minute drive / 4.64 miles away

Parks and Recreation

Louisville Extreme Park

E Witherspoon St & N Clay St
13 minute drive / 6.28 miles away

Central Park

1340 S 4th St
15 minute drive / 7.34 miles away

The Monroe has 2 parks within 7.3 miles, including Louisville Extreme Park, and Central Park.

Shopping Centers

Grant Line Center

3400 Grant Line Rd
1 minute drive / 0.43 miles away

Grant Line Station

3300 Grant Line Rd
1 minute drive / 0.55 miles away

Grantline Crossing

1929 McDonald Ln
1 minute drive / 0.62 miles away

The Monroe has 5 shopping centers within 0.7 miles.

Nearby Neighborhoods

Southern Indiana

Studio to 5 Bedroom Apartments from $200
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
New Albany Studio Apartments $984$719$1,130
New Albany 1 Bedroom Apartments $941$200$1,530
New Albany 2 Bedroom Apartments $1,163$750$1,540
New Albany 3 Bedroom Apartments $1,368$806$1,950
New Albany 4 Bedroom Apartments $1,295$1,295$1,295

Browse Top Apartments in New Albany

Viewing: The Monroe | Desktop Version | Listing Updated: 05/15/2026 | AHLDIA