2614 W Jefferson St
LouisvilleKY40212
Cheap Homes for Rent in New Albany, IN from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in New Albany.
2718 W Jefferson St
LouisvilleKY40212
3124 Vermont Ave
LouisvilleKY40211
2718 W Jefferson St
LouisvilleKY40212
1940 Center St
New AlbanyIN47150
112 Boston Ct
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.
3612 W Muhammad Ali Blvd
LouisvilleKY40212
335 S Shawnee Terrace
LouisvilleKY40212
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$8501 Bedroom Apartments Available Aug 1
1742 E Elm St, Unit 2
1742 E Elm StNew Albany, IN 47150
655 S 35th St
LouisvilleKY40211
4435 Parker Ave
LouisvilleKY40212
214 N 24th St
LouisvilleKY40212
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
3618 Bank St
LouisvilleKY40212
2722 Portland Ave
LouisvilleKY40212
302 Cecil Ave
LouisvilleKY40212
608 E 8th St
New AlbanyIN47150
416 Louis Coleman Jr Drive
LouisvilleKY40212
3911 Larkwood Ave
LouisvilleKY40212
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.
Showing Results 1-18, Page 1 of 1
New Albany, IN Local Guide
How much does it cost to rent a home in New Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Albany 2 Bedroom Homes for Rent | $1,084 | $847 | $1,300 |
| New Albany 3 Bedroom Homes for Rent | $1,382 | $910 | $2,110 |
| New Albany 4 Bedroom Homes for Rent | $1,484 | $900 | $2,545 |
| New Albany 5 Bedroom Homes for Rent | $1,748 | $1,300 | $2,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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New Albany, IN Local Guide
- New Albany Neighborhoods
- Nearby Cities
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Cheapest Available New Albany Apartments for Rent
The cheapest available apartment rental in New Albany, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Clarksville neighborhood priced from $200. Brookview Glen in the New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here is today’s list of the most affordable New Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Brookview Glen | Studio | Studio,1BA | $719 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $739 |
| Flats of Greentree | 1 Bedroom | 1BR,1BA | $795 |
| River Chase Apartments | 1 Bed, 1 Bath Flat | 1BR,1BA | $815 |
Best Value Apartments for Rent in New Albany, IN
As of July 23, 2026 the best value apartment in the New Albany area is the $0.71 price per square foot 2 Bedroom 2 Bath B Model at Knobs Pointe Apartments in the in the New Albany neighborhood starting from $924. The second greatest value New Albany apartment is the The Arbor Model at Arbor Place Apartments starting at $1,150 with a $0.96 price per square foot in the New Albany neighborhood. Here is today’s list of the best values for New Albany apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Knobs Pointe Apartments | 2 Bedroom 2 Bath B | 2BR,2BA | $0.71 |
| Arbor Place Apartments | The Arbor | 2BR,1.5BA | $0.96 |
| Valley Ridge | Three Bedroom Townhome | 3BR,1BA | $1.02 |
| Adelyn Apartments | 4229-7 | 2BR,2BA | $1.03 |
| Huntley Ridge Clarksville | Ridge | 2BR,1BA | $0.85 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Sheffield Square | One Bedroom One Bath | 1BR,1BA | $1.07 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $1.06 |
| 3124 Vermont Ave | 3124 Vermont Ave | 1BR,1BA | $1.07 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
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 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.
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Best Local Schools in New Albany, IN
Slate Run Elementary School
New Albany-Floyd County Con Sch
Public School - Grades PK-5 (405)
7 out of 10
New Albany Senior High School
New Albany-Floyd County Con Sch
Public School - Grades 9-12 (1821)
7 out of 10
Nathaniel Scribner Middle School
New Albany-Floyd County Con Sch
Public School - Grades K-8 (941)
5 out of 10
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
What type of rentals are currently available in New Albany?
There are currently 251 Apartments for Rent in New Albany, IN with pricing that ranges from $200 to $2,010. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Albany ranging from $695 to $2,545.
What is the current price range for Rental Homes in New Albany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Albany ranges from $695 to $2,545 with an average monthly rent of $1,297.
How much are larger Three and Four Bedroom Rentals in New Albany?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Albany range from $806 to $2,010, while Three Bedroom Homes, Condos, and Townhomes for rent range from $910 to $2,110. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $1,150.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
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.