
Homes for Rent in New Albany, IN Under $1,500 (68 Rentals)


3812 St Joseph Rd

901 E Oak St

525 E 8th St

1426 Chartres St

1307 E Market St

4235 Mel Smith Rd

4231 Mel Smith Rd

1307 E Market St

1233 Vincennes St, Unit 3
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.

2121 Culbertson Ave

1411 McDonald Ave

4109 River Park Dr

4217 Grand Ave

803 Cecil Ave

627 S 38th St

247 Cecil Ave

120 N 20th St

343 S 42nd St

663 S 38th 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.

328 Cecil Ave

108 E Brooks Ave, Unit Apartment A, Unit Apartment A

111 N 46th St

2132 Pacific Dr

2708 W Main St

663 S 43rd St

123 S 46th St

833 S 41st St

116 S 45th St

714 S 40th 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.

835 S 38th St

3819 River Park Dr

741 S 39th St

1164 S 41st St

4206 W Market St

3234 W Jefferson St

2529 W Main St

4221 Sunset Ave

637 Lindell Ave

2304 Wellington Green Dr
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.

3901 Jewell Ave

3914 Vermont Ave

714 S 42nd St

219 N 37th St

628 S 40th St

3818 Bank St

2906 Montgomery St

127 Boston Ct

331 N 26th St

2331 Wellington Green Dr
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
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 | $1,132 | $847 | $1,350 |
| New Albany 3 Bedroom Homes for Rent | $1,301 | $710 | $2,675 |
| New Albany 4 Bedroom Homes for Rent | $1,504 | $900 | $2,450 |
| New Albany 5 Bedroom Homes for Rent | $1,791 | $1,449 | $2,225 |
Browse Top Homes for Rent in New Albany
Explore New Albany
New Albany, IN Local Guide
- New Albany Neighborhoods
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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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
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 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
What type of rentals are currently available in New Albany?
There are currently 262 Apartments for Rent in New Albany, IN with pricing that ranges from $200 to $1,950. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Albany ranging from $710 to $2,675.
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 $710 to $2,675 with an average monthly rent of $1,327.
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 $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $710 to $2,675. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $1,295.
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

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.

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.

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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.