Cheap Apartments for Rent in New Albany, KS from $400 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Albany.

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.

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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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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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LamBar Place
1 Bedroom Apartments

LamBar Place

415 S Broadway StPittsburg, KS 66762
  • Utilities Included
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Rehwinkel Hall
1 Bedroom Apartments

Rehwinkel Hall

1415 E 6th AveWinfield, KS 67156
Senior Living
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Osage Apartments
1 Bedroom Apartments

Osage Apartments

100 N Summit StArkansas City, KS 67005
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Casa Del Sol Complex
Studio to 4 Bedroom Apartments

Casa Del Sol Complex

3982 CR 1675Coffeyville, KS 67337
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Verandas at Crestview
1 to 2 Bedroom Apartments

Verandas at Crestview

300 N 127th St EWichita, KS 67206
  • Utilities Included

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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WIN RESIDENCES
1 to 2 Bedroom Apartments

WIN RESIDENCES

1900 Elaine DrWinfield, KS 67156
Student Housing

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.

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New Albany, KS Local Guide

Cheapest Available New Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Albany, KS is a 1 Bed unit found at Indian Guide Terrace priced from $250. Courtyard Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $525. Here is today’s list of the most affordable New Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Indian Guide Terrace1 BR1BR,1BA$250
Courtyard Apartments2 Bedroom 1 Bathroom2BR,1BA$525
811 State St2x2S2BR,2BA$525
The Dels - PittsburgStudioStudio,1BA$525
Terra Park Apartments1 Bedroom 1 Bathroom - Terra Park1BR,1BA$551
Baxter Springs Senior Residences1x1 40%1BR,1BA$561
Bluestem ApartmentsTwo Bedroom2BR,1BA$600
ParkviewParkview 2x22BR,2BA$695
University Digs ApartmentsStudios/ Jr 1 BedStudio,1BA$699
Four Seasons0X1-ERStudio,1BA$708

Best Value Apartments for Rent in New Albany, KS and Nearby

As of May 30, 2026 the best value apartment in the New Albany area is the $0.85 price per square foot 3BR2B Model at Riverview Condominiums in the starting from $1,125. The second greatest value New Albany apartment is the 2 Bed 1 Bath Model at Rockridge Apartments starting at $795 with a $0.80 price per square foot . 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.
Riverview Condominiums3BR2B3BR,2BA$0.85
Rockridge Apartments2 Bed 1 Bath2BR,1BA$0.80
Brookfield Apartments & Townhomes2BR2BR,1BA$0.91
811 State St2x2M2BR,2BA$0.86
SILVERWOOD APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$1.06
ParkviewUniversity 2x12BR,1BA$0.84
Bluestem ApartmentsTwo Bedroom2BR,1BA$0.75
Baxter Springs Senior Residences1x1 40%1BR,1BA$0.87
Indian Guide Terrace1 BR1BR,1BA$0.43
Courtyard Apartments2 Bedroom 1 Bathroom2BR,1BA$1.00

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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Real 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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap New Albany Apartments

What is the Cheapest Studio apartment in New Albany?

Currently the most affordable Cheap Studio Apartment in New Albany is at The Dels - Pittsburg listed at $525.

How much is rent for a Cheap One Bedroom New Albany Apartment?

The lowest price for a Cheap One Bedroom New Albany Apartment is $250 at Indian Guide Terrace.

What is the lowest price for a Cheap Two Bedroom New Albany Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Albany is starting from $525 at Courtyard Apartments.

What is the most affordable New Albany Three Bedroom Apartment?

The best deal on a cheap New Albany Three Bedroom Apartment rental is at Rockridge Apartments and starts from $850.

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.

Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.