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The Monroe Apartments

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(812) 382-3309
Check Availability
940 University Woods Dr, New Albany, IN 47150
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84 Photos5 Floorplans4 3D Tours1 Videos
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Building Photo
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Interior Photo
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84 Photos5 Floorplans4 3D Tours1 Videos

Contact

The Monroe

940 University Woods Dr
New Albany, IN 47150
(812) 382-3309
The Monroe in New Albany, IN - Building Photo
  • 1–2 Bedrooms
  • $849-$1,049 Pricing
  • 800–1,200 Square Feet

Rent Specials

?? 1 & 2 BEDROOMS ?? 1 MONTH FREE with a 12-Month Lease! ? ADMIN FEE WAIVED when you move in by the end of the month! ?? MOVE IN. SAVE BIG. Limited-time offer—don’t miss out!

Ask Us About Our Specials

About The Monroe

Welcome Home to The Monroe!

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

Property Contact Info

View Property Website
Call Us:
(812) 382-3309

Office Hours

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

Floorplan Pricing and Availability

The Monroe offers 1 to 2 Bedroom apartments starting from $849 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 $849

    1 Bed, 1 Bath, 800 sq ft
    Available Now

    Model Gallery

    Floorplans

    3D Tours

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $899Available Now179800
    $899Available Now126800
    $849Available Now036800

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Smoke Free
    • Windows

    Model Rent and Fees

    Model Price Range

    • $849 - $899

    Deposit

    • $500 deposit

    Unit 179 Rent and Fees

    Unit Price

    • $899
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $849 - $899

    Unit 126 Rent and Fees

    Unit Price

    • $899
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $849 - $899

    Unit 036 Rent and Fees

    Unit Price

    • $849
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $849 - $899

  • 2 Bedrooms

    2 Bedroom and 1.5 Bathroom L

    $1,049

    2 Beds, 1.5 Baths, 1200 sq ft
    Available Now

    Model Gallery

    Floorplans

    Photos

    3D Tours

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,049Available Now0901200
    $1,049 October 7, 20261001200
    $1,049 December 2, 20261591200

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Smoke Free
    • Windows

    Model Rent and Fees

    Model Price

    • $1,049

    Deposit

    • $500 deposit

    Unit 090 Rent and Fees

    Unit Price

    • $1,049
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,049

    Unit 100 Rent and Fees

    Unit Price

    • $1,049
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,049

    Unit 159 Rent and Fees

    Unit Price

    • $1,049
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,049

    2 Bedroom and 1.5 Bathroom S

    $999

    2 Beds, 1.5 Baths, 1075 sq ft
    Available Nov 3

    Model Gallery

    Floorplans

    3D Tours

    Availability Details

    PriceAvailability DateUnitSq Ft
    $999 November 3, 20260441075

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • High Speed Internet Access
    • Smoke Free
    • Windows

    Unit 044 Rent and Fees

    Unit Price

    • $999
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $999
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.

Schedule a Tour

Request Tour
Call us at: (812) 382-3309 to request a tour.

Videos

Property Video Tour 1

3D Tours

2BR, 1.5BA - 1,200SF
1BR, 1BA - 800SF
1BR, 1BA - 800SF
2BR, 1.5BA - 1,075SF

Property Information

  • 189 Units
  • 2 Stories
  • Built in 1971

Lease Terms

  • 18 mo
  • Short Term Lease Options
Ask About Our Lease Terms

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.$50.00

Other Fees and Policies

Pet Fees

Bird
Monthly Pet FeeiMax of 2. Charged Per Pet.$30.00
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
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
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
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
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

Recreation and Fitness

  • Fitness Center
  • Pool

Interior Features

  • Windows
  • High Speed Internet Access
  • Cable Ready
  • Air Conditioning
  • Smoke Free
Ask About Our Amenities
Google Map

Map

940 University Woods Dr, New Albany, IN 47150

Getting Around

  • 40 / 100 Fairly walkable

    Some day-to-day needs are within walking distance

  • 20 / 100 Limited public transit

    Transit is available for some trips

  • 40 / 100 Fairly bikeable

    Somewhat suitable for bicycle commuting and/or recreation

  • 100 / 100 Exceptionally car friendly

    Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Scores provided by Local Logic details

Getting to Know the Area

  • 60 / 100 Restaurants

    Variety of restaurants within a few minutes

  • 40 / 100 Cafes

    Some cafés within a few minutes

  • 40 / 100 Nightlife

    Some bars within walking distance

  • 40 / 100 Shopping

    Several shops within walking distance

  • 50 / 100 Parks

    Moderate amount of park space nearby

  • 100 / 100 Noise Level

    Virtually no sources of noise nearby

Scores provided by Local Logic

Frequently Asked Questions about The Monroe

Where is The Monroe located?

The Monroe is located at 940 University Woods Dr near the New Albany area of New Albany, IN

What is the current rent range at The Monroe?

1 Bedroom to 2 Bedroom Apartments at The Monroe currently range from $849 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

Are there any rent specials?

The current rent special at The Monroe is: ?? 1 & 2 BEDROOMS ?? 1 MONTH FREE with a 12-Month Lease! ? ADMIN FEE WAIVED when you move in by the end of the month! ?? MOVE IN. SAVE BIG. Limited-time offer—don’t miss out!.

Lifestyle Ratings

  • Cost Per Sq.Ft. 3.0

    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

Renters Reviews and Ratings

3.0
2 Renters Reviews

BAD

July 10, 2026 - Review from Apartments.com
Bad management and moldy and cracking apartments and LOTS of excuses

Move

July 8, 2026 - Review from Apartments.com
I just moved in not too long ago. The townhomes are very spacious and great area!

Nearby Schools

New Albany Senior High School

New Albany-Floyd County Con Sch
1020 Vincennes Street
Public School - Grades 9-12 (1821 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 (798 Students)
In Attendance Zone5 minute drive / 1.9 miles away
4/10

Mount Tabor School

New Albany-Floyd County Con Sch
800 Mount Tabor Road
Public School - Grades PK-5 (655 Students)
In Attendance Zone1 minute drive / 0.2 miles away
4/10
Contact Us About Nearby Schools
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 6 Bedroom Apartments from $200
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
New Albany Studio Apartments $1,026$719$1,185
New Albany 1 Bedroom Apartments $923$200$1,705
New Albany 2 Bedroom Apartments $1,161$695$1,732
New Albany 3 Bedroom Apartments $1,386$806$1,990
New Albany 4 Bedroom Apartments $1,372$1,295$1,450
2 Bedroom Homes$1,053$750$1,650
3 Bedroom Homes$1,352$910$2,110
4 Bedroom Homes$1,540$900$2,545
5 Bedroom Homes$1,848$1,300$2,200

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Viewing: The Monroe | Desktop Version | Listing Updated: 08/13/2026 | AHLDIA