Cheap Homes for Rent near New Albany, KS from $500 (16 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 1 Bed apartment currently listed from $425. 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 Apartments1 bedroom 1 bathroom1BR,1BA$425
The Dels - PittsburgStudioStudio,1BA$525
Terra Park Apartments1 Bedroom 1 Bathroom - Terra Park1BR,1BA$551
Baxter Springs Senior Residences1x1 40%1BR,1BA$561

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

As of August 01, 2026 the best value apartment in the New Albany area is the $0.89 price per square foot 4 x 3.5 - South Model at Clear Ridge Townhomes in the in the Southeast Wichita neighborhood starting from $1,899. The second greatest value New Albany apartment is the C-1 Model at Brentwood Pointe Apartments starting at $815 with a $0.64 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.
Clear Ridge Townhomes4 x 3.5 - South4BR,3.5BA$0.89
Brentwood Pointe ApartmentsC-13BR,2BA$0.64
Bailey Court Apartments2 Beds, 1.5 baths2BR,1.5BA$0.60
Riverview Condominiums2BR1B No Garage2BR,1BA$0.84
811 State St2x2M2BR,2BA$0.86
ParkviewUniversity 2x12BR,1BA$0.84
Bluestem ApartmentsTwo Bedroom2BR,1BA$0.75
Crimson VillasTwo Bedroom – Two Bath2BR,2BA$0.63
Baxter Springs Senior Residences1x1 40%1BR,1BA$0.87
Indian Guide Terrace1 BR1BR,1BA$0.43

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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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 47 Apartments for Rent in New Albany, KS with pricing that ranges from $410 to $3,090. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Albany ranging from $575 to $1,950.

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 $575 to $1,950 with an average monthly rent of $1,056.

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 $575 to $2,330, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $1,450.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.