1 Bedroom Apartments for Rent in New Albany, IN (98 Rentals)

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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2212 E Spring St
1 Bedroom Apartments

2212 E Spring St

2212 E Spring StNew Albany, IN 47150
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1516 E Oak St
1 Bedroom Apartments

1516 E Oak St

1516 E Oak StNew Albany, IN 47150
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Carriage House
1 Bedroom Apartments

Carriage House

4202 Grant Line RdNew Albany, IN 47150
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614 Vincennes Ave
1 Bedroom Apartments

614 Vincennes Ave

614 Vincennes AveNew Albany, IN 47150
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1002 W Main St
1 Bedroom Apartments

1002 W Main St

1002 W Main StNew Albany, IN 47150
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1924 Silver St
1 Bedroom Apartments

1924 Silver St

1924 Silver StNew Albany, IN 47150
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1206 Main St
1 Bedroom Apartments

1206 Main St

1206 Main StNew Albany, IN 47150
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80 E 13th St
1 Bedroom Apartments

80 E 13th St

80 E 13th StNew Albany, IN 47150

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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1715 E Oak St
1 Bedroom Apartments

1715 E Oak St

1715 E Oak StNew Albany, IN 47150
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1825 E Market St
1 Bedroom Apartments

1825 E Market St

1825 E Market StNew Albany, IN 47150
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1214 E Oak St
1 Bedroom Apartments

1214 E Oak St

1214 E Oak StNew Albany, IN 47150
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1743 Culbertson Ave
1 Bedroom Apartments

1743 Culbertson Ave

1743 Culbertson AveNew Albany, IN 47150
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Lancaster Lofts
1 Bedroom Apartments

Lancaster Lofts

1637 E Market StNew Albany, IN 47150
  • Utilities Included
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Monon Crossing
1 Bedroom Apartments

Monon Crossing

2710 Grant Line RdNew Albany, IN 47150
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Fox Hill Apartments
1 Bedroom Apartments

Fox Hill Apartments

1905 Mcdonald LnNew Albany, IN 47150
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3490 Louise Way
1 Bedroom Apartments

3490 Louise Way

3490 Louise WayNew Albany, IN 47150
Senior Living
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St Edward Court
1 Bedroom Apartments

St Edward Court

701 E Spring StNew Albany, IN 47150
  • Utilities Included

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

New Albany, IN Local Guide

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Largest Available New Albany 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in New Albany, IN is found at Marvin Gardens on Main – Modern Living in the Heart of New Albany in the Downtown New Albany neighborhood and is 1,129 square feet priced from $1,300. The Commons Apartments in the Southern Indiana neighborhood has the second largest 1 Bedroom, which is sized at 1,031 square feet and currently listed start at $1,189. Here is today’s list of the largest available 1 Bedroom units in New Albany:

Apartment ListingModel NameSquare FootagePriced From
Marvin Gardens on Main – Modern Living in the Heart of New Albany1BR/1.0BA1,129 Sq Ft$1,300
The Commons Apartments1 BEDROOM LARGE1,031 Sq Ft$1,189
Sheffield SquareOne Bedroom 1.5 Bath Townhome1,009 Sq Ft$1,048
The BreakwaterRegatta912 Sq Ft$1,510
Kingsfield Luxury ApartmentsOne Bedroom900 Sq Ft$850
Glenview Apartments1 Bedroom Loft855 Sq Ft$999
St. James Place - Modern Living in the Heart of New Albany1BR/1.0BA842 Sq Ft$1,025
The Howard Residence1 Bedroom800 Sq Ft$1,200

Cheapest Available New Albany 1 Bedroom Apartments

As of December 17, 2025 the lowest priced 1 Bedroom apartment unit in New Albany, IN is the Standard Model starting from $200 at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood. The second most affordable New Albany 1 Bedroom is the 1 Beds, 1 Baths Model at 1743 Culbertson Ave starting at $697 in the Downtown New Albany neighborhood. The average price for all 1 Bedroom apartments in New Albany is currently $986. Here is today’s list of the cheapest available 1 Bedroom options in New Albany:

Apartment ListingModel NamePriced From
Yellowwood Terrace Affordable Senior HousingStandard$200
1743 Culbertson Ave1 Beds, 1 Baths$697
Townsquare Apartmentsgarden apartment$750
Stone Creek Apartments I & II1 Bed 1 Bath$775
Huntley Ridge Clarksville1 Bedroom 1 Bathroom with Balcony$795
River Chase Apartments1 Bed, 1 Bath Flat$795

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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New Albany Overview

If you are looking for a peaceful, suburban area to live in with a friendly community, New Albany, IN may be an ideal place to live. New Albany boasts a strong economy, a long history, and an energetic community. Of course, one of its major benefits is that it is so close to major cities such as Louisville, Indianapolis, and Cincinnati. While you will be living in a small, affordable, and safe area, you will have direct access to all the exciting advantages of major cities.

Why live in New Albany, IN?

If you are considering apartments in New Albany, you may have found your perfect new home. New Albany, IN is a close-knit community full of friendly individuals. There is a strong industrial culture, offering many employment opportunities whereas there are plenty more in nearby major cities. Furthermore, you will always have a multitude of things to do as there are restaurants, small shops and boutiques, museums, and community events and programs. One of the most attractive selling points is the fact that apartments and houses are affordable.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Albany, IN Rentals by Map

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Getting Around New Albany, IN

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about 1 Bedroom New Albany Apartments

How much is the average rent for a 1 Bedroom New Albany Apartment?

The average rent for a 1 Bedroom Apartment in New Albany is $986.

What is the largest available 1 Bedroom New Albany Apartment for rent?

Today's apartment with the most square footage in New Albany is a 1,129 square feet unit starting from $1,300 at Marvin Gardens on Main – Modern Living in the Heart of New Albany.

What is the average size for New Albany 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in New Albany is currently 803 sq ft.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

Written by: Mike Heuer

Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!