
Apartments for Rent in New Albany, IN Under $1,500 (166 Rentals)


Academy Park Apartments

Adelyn Apartments

Lochwood Aparatments

Klerner Lane Apartments

Sheffield Square

Total Monthly Price
Plaza Square Apartments

904 E Main St, Unit Seven

Arbor Place Apartments

The Breakwater
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.

High Park Apartments

Total Monthly Price
1127 Aebersold Dr, Unit 1127

Willow Run

The Monroe

Huntley Ridge New Albany

Locust Grove Apartments

Gaslight Square Apartments

River Grove Apartments

Willow Grove Apartments

Stone Creek Apartments I & II
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Maple Grove Apartments

Elm Grove Apartments

Knobs Pointe Apartments

Brookview Glen

Valley Ridge

2787 Charlestown Rd

156-156 Cherry St

512 E Elm St

110 E 16th St

The Howard Residence
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.

905 E Market St

Silver Creek Commons East & West

1227 Vincennes St

1727 Klerner Ln

821 Commerce St

630 W 8th St

1411 McDonald Ave

2235 Ekin Ave

121 E 14th St

1847 E Oak St
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

Lofts on 3rd

The Commons Apartments

Town Clock Place

Marvin Gardens on Main

2830-2834 Charlestown Rd

St. James Place Apartments

Lancaster Lofts

Charlestown Crossing Apartments

Wynn-Gate Apartments

Monon Crossing
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.
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 Under $1500 | $904 | $719 | $1,025 |
| New Albany 1 Bedroom Apartments Under $1500 | $901 | $200 | $1,530 |
| New Albany 2 Bedroom Apartments Under $1500 | $1,148 | $695 | $1,625 |
| New Albany 3 Bedroom Apartments Under $1500 | $1,327 | $806 | $1,800 |
| New Albany 4 Bedroom Apartments Under $1500 | $1,295 | $1,295 | $1,295 |
Browse Top Apartments in New Albany
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New Albany, IN Local Guide
- New Albany Neighborhoods
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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.
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 ArticleReal 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.
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 New Albany
How much are Studio apartments in New Albany?
There are currently 88 Studio Apartments in New Albany with rent ranges from $719 to $1,025 with an average price of $904.
What is the current price range for One Bedroom New Albany Apartments for rent?
Today's rental pricing for One Bedroom Apartments in New Albany ranges from $200 to $1,530 with an average monthly rent of $901.
What does renting a Two Bedroom Apartment in New Albany cost?
The monthly rent prices of Two Bedroom Apartments currently available in New Albany range from $695 to $1,625. Today's average rental price for Two Bedrooms here is $1,148.
How expensive are New Albany Three Bedroom Apartments?
There are currently 39 Three Bedroom Apartments listings available in New Albany on ApartmentHomeLiving.com. The pricing ranges from $806 to $1,800 - averaging $1,327 for the location.
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

Bourbon, Baseball, and the Blues: Your Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.