Cheap Homes for Rent in New Albany, IN from $400 (28 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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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property at 714 S 42nd St

714 S 42nd St

LouisvilleKY40211

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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property at 226 N 26th St

226 N 26th St

LouisvilleKY40212
Showing Results 1-28, Page 1 of 1

New Albany, IN Local Guide

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 Southern Indiana neighborhood priced from $200. Brookview Glen in the Downtown New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $378. Here is today’s list of the most affordable New Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$200
Brookview GlenStudioStudio,1BA$378
1743 Culbertson Ave1 Beds, 1 Baths1BR,1BA$700
Huntley Ridge ClarksvilleClassic 1 Bedroom 1 Bathroom1BR,1BA$739
Stone Creek Apartments I & II1 Bed 1 Bath1BR,1BA$775
River Chase Apartments1 Bed, 1 Bath Flat1BR,1BA$795
Courtyard Apartments2.1A2BR,1BA$845
Flats at Greentree1 Beds, 1 Baths1BR,1BA$845

Best Value Apartments for Rent in New Albany, IN

As of September 09, 2025 the best value apartment in the New Albany area is the $0.95 price per square foot 217 Shawnee Dr Model at 217 Shawnee Dr, Unit 217 Shawnee Dr. in the in the Parkland neighborhood starting from $2,900. The second greatest value New Albany apartment is the 2101 Saint Xavier St Model at 2101 Saint Xavier St, Unit 1F starting at $895 with a $0.81 price per square foot in the Portland neighborhood. Here is today’s list of the best values for New Albany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
217 Shawnee Dr, Unit 217 Shawnee Dr.217 Shawnee Dr6BR,3BA$0.95
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.81
Plaza Square Apartments2x12BR,1BA$1.00
Kingsfield Luxury ApartmentsOne Bedroom1BR,1BA$0.94
High Park Apartments2 Bedroom2BR,1BA$1.01
Glenview Apartments1 Bedroom1BR,1BA$1.05
Huntley Ridge Clarksville1 Bedroom 1 Bathroom with Balcony1BR,1BA$1.06
2433 Slevin St, Unit 42433 Slevin St2BR,1BA$1.05
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$0.34
Brookview GlenStudioStudio ,1BA$0.95

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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 New Albany

What type of rentals are currently available in New Albany?

There are currently 231 Apartments for Rent in New Albany, IN with pricing that ranges from $200 to $2,900. There are also 122 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Albany ranging from $400 to $2,400.

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 $400 to $2,400 with an average monthly rent of $1,299.

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 $895 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,400. Four Bedroom Single-Family rentals are also available starting from $400 and Four Bedroom Apartments start at $895.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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 Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.