3 Bedroom Apartments for Rent in New Albany, IN (78 Rentals)

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property at 119 Wellington Dr

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900

3 Bedroom, 1.5 Bath Home for Rent

Available Jul 1

119 Wellington Dr

New AlbanyIN47150

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Kramer Crossing
3 Bedroom Apartments

Kramer Crossing

4208 Glenbrook ENew Albany, IN 47150
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Carriage House
3 Bedroom Apartments

Carriage House

4202 Grant Line RdNew Albany, IN 47150
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The Oxbow
3 Bedroom Apartments

The Oxbow

214 E Main StNew Albany, IN 47150
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Annex of New Albany
3 Bedroom Apartments

Annex of New Albany

4100 Prestwick SqNew Albany, IN 47150
  • Utilities Included
  • Smoke Free
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1825 E Market St
3 Bedroom Apartments

1825 E Market St

1825 E Market StNew Albany, IN 47150
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Monon Crossing
3 Bedroom Apartments

Monon Crossing

2710 Grant Line RdNew Albany, IN 47150
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The Sanctuary on Main
3 Bedroom Apartments

The Sanctuary on Main

807 E Main StNew Albany, IN 47150
  • Utilities Included

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.

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St Edward Court
3 Bedroom Apartments

St Edward Court

701 E Spring StNew Albany, IN 47150
  • Utilities Included
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929 N Randolph Ave, Unit 2
$1,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300
3 Bedroom Apartment Available Now

929 N Randolph Ave, Unit 2

929 N Randolph AveClarksville, IN 47129
  • Smoke Free

Renting Smart: Lease Basics Every Renter Needs

Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

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property at 409 N 20th St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

409 N 20th St

LouisvilleKY40203
property at 615 N 32nd St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

3 Bedroom, 2 Bath Home for Rent

Available Now

615 N 32nd St

LouisvilleKY40212

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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New Albany, IN Local Guide

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Local Guide Expert

Largest Available New Albany 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in New Albany, IN is found at Gateway Crossing in the Southern Indiana neighborhood and is 1,764 square feet priced from $1,950. Academy Park Apartments has the second largest 3 Bedroom, which is sized at 1,350 square feet and currently listed start at $1,495. Here is today’s list of the largest available 3 Bedroom units in New Albany:

Apartment ListingModel NameSquare FootagePriced From
Gateway Crossing3 Bedroom Townhome1,764 Sq Ft$1,950
Academy Park Apartments3 BEDROOM 2 BATHROOM1,350 Sq Ft$1,495
Meadows at Green TreeThe Riverbend1,329 Sq Ft$1,338
Valley RidgeThree Bedroom Townhome1,137 Sq Ft$1,161
Montgomery Apartments3 Bedroom, 2 Bath1,081 Sq Ft$1,295

Cheapest Available New Albany 3 Bedroom Apartments

As of June 16, 2026 the lowest priced 3 Bedroom apartment unit in New Albany, IN is the Three Bedroom Townhome Model starting from $1,161 at Valley Ridge in the Downtown New Albany neighborhood. The second most affordable New Albany 3 Bedroom is the 3 Bedroom, 2 Bath Model at Montgomery Apartments starting at $1,295 in the Portland neighborhood. The average price for all 3 Bedroom apartments in New Albany is currently $1,315. Here is today’s list of the cheapest available 3 Bedroom options in New Albany:

Apartment ListingModel NamePriced From
Valley RidgeThree Bedroom Townhome$1,161
Montgomery Apartments3 Bedroom, 2 Bath$1,295
Meadows at Green TreeThe Riverbend$1,338
Academy Park Apartments3 BEDROOM 2 BATHROOM$1,495
Gateway Crossing3 Bedroom Townhome$1,950

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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New Albany, IN

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

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Frequently Asked Questions about 3 Bedroom New Albany Apartments

What is the Cheapest apartment in New Albany with 3 Bedroom?

Currently the most affordable 3 Bedroom in New Albany is at Valley Ridge listed at $1,161.

How much is the average rent for a 3 Bedroom New Albany Apartment?

The average rent for a 3 Bedroom Apartment in New Albany is $1,315.

What is the largest available 3 Bedroom New Albany Apartment for rent?

Today's apartment with the most square footage in New Albany is a 1,764 square feet unit starting from $1,950 at Gateway Crossing.

What is the average size for New Albany 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in New Albany is currently 1,635 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.

Helpful Local Expert Guides

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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.

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

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.

decorative image for Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers article

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.

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Bourbon, Baseball, and the Blues: Your Insiders Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.