
Apartments for Rent in the Downtown New Albany Neighborhood of New Albany, IN (179 Rentals)


Villas at Green Valley

The Breakwater

Sheffield Square

Huntley Ridge New Albany

Valley Ridge

River Grove Apartments

Willow Grove Apartments

Maple Grove Apartments

Elm Grove Apartments
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.

Gaslight Square Apartments

Total Monthly Price
818 E Elm St

1742 E Elm St, Unit 2

1813 E Elm St

1940 Center St

630 W 8th St

1307 E Market St

1426 Chartres St

2121 Culbertson Ave

1201 Dewey St
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.

121 E 14th St

1922 Silver St

608 E 8th St

1603 E Oak St

1834 Culbertson Ave

2130 E Oak St

1426 Silver St

Jefferson Properties

Montgomery Apartments

Total Monthly Price
2614 W Jefferson St, Unit 4
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

Total Monthly Price
2433 Slevin St, Unit 2

123 S 46th St

322 Cecil Ave

2722 Portland Ave

331 N 26th St

2718 W Jefferson St

421 S 27th St

125 N 39th St

335 S Shawnee Terrace

308 S 41st St
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.

3612 W Muhammad Ali Blvd

3840 W Muhammad Ali Blvd

3618 Bank St

2429 Griffiths Ave

124 N 43rd St

100 N Longworth Ave

3819 River Park Dr

214 N 24th St

424 S 22nd St

524 N 26th St
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.
Downtown New Albany, New Albany, IN Local Guide

How much does it cost to rent an apartment in Downtown New Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown New Albany Studio Apartments | $1,032 | $719 | $1,195 |
| Downtown New Albany 1 Bedroom Apartments | $1,002 | $681 | $1,740 |
| Downtown New Albany 2 Bedroom Apartments | $1,053 | $781 | $1,587 |
| Downtown New Albany 3 Bedroom Apartments | $1,201 | $806 | $1,612 |
| Downtown New Albany 4 Bedroom Apartments | $1,170 | $1,150 | $1,200 |
How much does it cost to rent a home in Downtown New Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,034 | $847 | $1,300 |
| 3 Bedroom Homes | $1,293 | $900 | $1,900 |
| 4 Bedroom Homes | $1,347 | $910 | $1,800 |
| 5 Bedroom Homes | $1,447 | $1,300 | $1,595 |
Browse Apartments in this Neighborhood
There are currently 179 rentals with your search options within a 2 mile radius of the Downtown New Albany Neighborhood of New Albany, IN.
See all Apartments in New AlbanyExplore New Albany
Downtown New Albany, New Albany, IN Local Guide
- Nearby New Albany neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
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.
Pet Friendly LifestyleDowntown New Albany, New Albany, IN
Ranked #1
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown New Albany, New Albany, IN
S Ellen Jones Elementary School
New Albany Senior High School
Nathaniel Scribner Middle School
School data provided by Great Schools
Frequently Asked Questions about Downtown New Albany
What is the current pricing and availability for apartments for rent in the Downtown New Albany area of New Albany, IN?
As of today, July 26, 2026, there are currently 179 available Downtown New Albany apartments priced from $681 to $1,740, with an average monthly rent of $1,093.
What is the current price range for One Bedroom Downtown New Albany Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown New Albany ranges from $681 to $1,740 with an average monthly rent of $1,002.
What does renting a Two Bedroom Apartment in Downtown New Albany cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown New Albany range from $781 to $1,587. Today's average rental price for Two Bedrooms here is $1,053.
How expensive are Downtown New Albany Three Bedroom Apartments?
There are currently 18 Three Bedroom Apartments listings available in Downtown New Albany on ApartmentHomeLiving.com. The pricing ranges from $806 to $1,612 - averaging $1,201 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.