
Cheap 1 Bedroom Apartments for Rent in New Albany, IN from $200 (61 Rentals)


Knobs Pointe Apartments

Elm Grove Apartments

1409 Chartres St

Locust Grove Apartments

Stone Creek Apartments I & II

Maple Grove Apartments

Gaslight Square Apartments

River Grove Apartments

Willow Grove Apartments
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Brookview Glen

1322 E Spring St

Total Monthly Price
Kingsfield Luxury Apartments

Huntley Ridge New Albany

121 E 14th St

Willow Run

1233 Vincennes St, Unit 3

1233 Vincennes St

2015 E Oak St

1226 Naghel St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

704 Victoria Ct

The Monroe

508 Vincennes St

1307 E Market St

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

1743 Culbertson Ave

2121 Culbertson Ave

Sheffield Square Apartments

Arbor Place Apartments

Monon Crossing
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Lancaster Lofts

Yellowwood Terrace Affordable Senior Housing

2722 Portland Ave

3124 Vermont Ave

3124 Vermont Ave

Total Monthly Price
2409 Rowan St, Unit 3, Unit 3

2409 Rowan St

2433 Slevin St

2717 Slevin St

Courtyard Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2539 Bank St

519 N 20th St

316 N 22nd St

2639 Northwestern Pkwy

3810 Vermont Ave

River Chase Apartments

Flats of Greentree

Townsquare Apartments

Huntley Ridge Clarksville

Glenview Apartments
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.
New Albany, IN Local Guide

How much does it cost to rent an apartment in New Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Albany Studio Apartments | $1,011 | $699 | $1,215 |
| New Albany 1 Bedroom Apartments | $928 | $200 | $1,510 |
| New Albany 2 Bedroom Apartments | $1,153 | $795 | $1,662 |
| New Albany 3 Bedroom Apartments | $1,380 | $806 | $1,950 |
| New Albany 4 Bedroom Apartments | $1,464 | $1,295 | $1,649 |
Explore New Albany
New Albany, IN Local Guide
- New Albany Neighborhoods
- Nearby Cities
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleThe 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
Read ArticleQuick 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.
Best Local Schools in New Albany, IN
Slate Run Elementary School
New Albany Senior High School
Nathaniel Scribner Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Albany, IN Rentals by Map
See the most popular apartments and homes in New Albany, IN
Frequently Asked Questions about Cheap New Albany Apartments
How much is rent for a Cheap One Bedroom New Albany Apartment?
The lowest price for a Cheap One Bedroom New Albany Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.
What is the lowest price for a Cheap Two Bedroom New Albany Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Albany is starting from $200 at Yellowwood Terrace Affordable Senior Housing.
What is the most affordable New Albany Three Bedroom Apartment?
The best deal on a cheap New Albany Three Bedroom Apartment rental is at Yellowwood Terrace Affordable Senior Housing and starts from $200.
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.
Helpful Local Expert Guides

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.

The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.