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

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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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The Oxbow
3 Bedroom Apartments

The Oxbow

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

Annex of New Albany

4100 Prestwick SqNew Albany, IN 47150
  • Utilities Included
  • Smoke Free

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.

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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
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St Edward Court
3 Bedroom Apartments

St Edward Court

701 E Spring StNew Albany, IN 47150
  • Utilities Included

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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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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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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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 Sheffield Square in the Downtown New Albany neighborhood and is 1,651 square feet priced from $1,521. Courtyard Apartments in the Southern Indiana neighborhood has the second largest 3 Bedroom, which is sized at 1,260 square feet and currently listed start at $1,116. Here is today’s list of the largest available 3 Bedroom units in New Albany:

Apartment ListingModel NameSquare FootagePriced From
Sheffield SquareThree Bedroom Two Bath1,651 Sq Ft$1,521
Courtyard Apartments3.21,260 Sq Ft$1,116
Valley RidgeThree Bedroom Townhome1,137 Sq Ft$1,138
Montgomery Apartments3 Bedroom, 2 Bath1,081 Sq Ft$1,295
Wellington Green3 Bed 2 Bath Single Section1,056 Sq Ft$1,059

Cheapest Available New Albany 3 Bedroom Apartments

As of May 02, 2026 the lowest priced 3 Bedroom apartment unit in New Albany, IN is the 3 Bed 2 Bath Single Section Model starting from $1,059 at Wellington Green in the Southern Indiana neighborhood. The second most affordable New Albany 3 Bedroom is the 3.2 Model at Courtyard Apartments starting at $1,116 . The average price for all 3 Bedroom apartments in New Albany is currently $1,374. Here is today’s list of the cheapest available 3 Bedroom options in New Albany:

Apartment ListingModel NamePriced From
Wellington Green3 Bed 2 Bath Single Section$1,059
Courtyard Apartments3.2$1,116
Valley RidgeThree Bedroom Townhome$1,138
Montgomery Apartments3 Bedroom, 2 Bath$1,295
Sheffield SquareThree Bedroom Two Bath$1,521

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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.

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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 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.

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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.

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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.

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New Albany, IN

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

Explore New Albany, IN Rentals by Map

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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 Wellington Green listed at $1,059.

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 $1,374.

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 1,651 square feet unit starting from $1,521 at Sheffield Square.

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 1,202 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.

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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.

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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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.