
Cheap Homes for Rent in the 47151 ZIP Code of New Albany, IN from $300 (37 Rentals)
Search the lowest-cost Homes available for rent right now in the 47151 ZIP Code area of New Albany.


1411 McDonald Ave

2614 W Jefferson St

409 S 39th St

2121 Culbertson Ave

2327 Duncan St

112 Boston Ct

3416 W Main St

321 S 43rd St
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.

1233 Vincennes St, Unit 3

212 N 25th St

4435 Parker Ave

214 N 24th St

2530 St Xavier St

2623 Cedar St

302 Cecil Ave

1307 E Market St

127 Boston Ct
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.

331 N 26th St

2906 Montgomery St

3818 Bank St

219 N 37th St

3901 Jewell Ave

1307 E Market St

4206 W Market St

3234 W Jefferson St

2529 W Main 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.

116 S 45th St

123 S 46th St

2708 W Main St

1426 Chartres St

111 N 46th St

525 E 8th St

328 Cecil Ave

343 S 42nd St

247 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.

226 Clay St
New Albany, IN Local Guide

How much does it cost to rent an apartment in New Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 47151 2 Bedroom Homes for Rent | $1,183 | $795 | $1,642 |
| 47151 3 Bedroom Homes for Rent | $1,311 | $725 | $1,612 |
| 47151 4 Bedroom Homes for Rent | $1,247 | $1,200 | $1,295 |
Browse Homes for Rent in the 47151 Zip Code of New Albany
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Frequently Asked Questions about the 47151 ZIP Code
How much are larger Three and Four Bedroom Rentals in 47151?
For those who are looking for larger living arrangements, Three Bedroom Apartments in 47151 range from $806 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $1,612. Four Bedroom Single-Family rentals are also available starting from $1,200 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.