
Cheap Apartments for Rent in the 47151 ZIP Code of New Albany, IN from $300 (94 Rentals)
Search the lowest-cost Apartments available for rent right now in the 47151 ZIP Code area of New Albany.


1411 McDonald Ave

Valley Ridge

Brookview Glen

Total Monthly Price
2409 Rowan St, Unit 3, Unit 3

2409 Rowan St

409 S 39th St

2717 Slevin St

Knobs Pointe Apartments

Elm Grove Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Maple Grove Apartments

2539 Bank St

1409 Chartres St

1411 McDonald Ave

River Grove Apartments

Gaslight Square Apartments

2327 Duncan St

2614 W Jefferson St, Unit 4, Unit 4

Willow Grove Apartments

1322 E Spring St
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.

2639 Northwestern Pkwy

1411 McDonald Ave

4143 W Market St

Huntley Ridge New Albany

121 E 14th St

1233 Vincennes St

1233 Vincennes St, Unit 3

509 N 31st St

2015 E Oak St

1226 Naghel St
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.

Jefferson Properties

2922 Bank St

214 N 24th St

2916 Portland Ave

3907 Northwestern Pkwy

2722 Portland Ave

2510 Portland Ave

2722 Portland Ave

508 Vincennes St

302 Cecil Ave
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.

1307 E Market St

Montgomery Apartments

St. James Place - 1/2 Off First and Last Month's Rent!

331 N 26th St

2906 Montgomery St

Sheffield Square

3818 Bank St

The Breakwater

Lochwood

3901 Jewell Ave
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.
New Albany, IN Local Guide

How much does it cost to rent an apartment in 47151?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 47151 Studio Apartments | $1,035 | $699 | $1,215 |
| 47151 1 Bedroom Apartments | $961 | $681 | $1,510 |
| 47151 2 Bedroom Apartments | $1,179 | $795 | $1,637 |
| 47151 3 Bedroom Apartments | $1,311 | $725 | $1,612 |
| 47151 4 Bedroom Apartments | $1,247 | $1,200 | $1,295 |
Browse Apartments in the 47151 Zip Code of New Albany
Explore New Albany

Frequently Asked Questions about Cheap the 47151 ZIP Code Apartments
What is the Cheapest Studio apartment in 47151?
Currently the most affordable Cheap Studio Apartment in 47151 is at Trailhead Apartments listed at $1,349.
How much is rent for a Cheap One Bedroom 47151 Apartment?
The lowest price for a Cheap One Bedroom 47151 Apartment is $799 at Cottonwood Village.
What is the lowest price for a Cheap Two Bedroom 47151 Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in 47151 is starting from $1,099 at Retreat at Sky Mountain.
What is the most affordable 47151 Three Bedroom Apartment?
The best deal on a cheap 47151 Three Bedroom Apartment rental is at Canyon View Homes and starts from $1,195.
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.