Cheap Apartments for Rent in New Salisbury, IN from $400 (68 Rentals)

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

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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Chapman Crossing
2 to 3 Bedroom Apartments

Chapman Crossing

625 Chapman Dr NWCorydon, IN 47112
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1743 Culbertson Ave
1 Bedroom Apartments

1743 Culbertson Ave

1743 Culbertson AveNew Albany, IN 47150
  • 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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Madison Apartments
2 to 3 Bedroom Apartments

Madison Apartments

2901-2975 W Madison StLouisville, KY 40211
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6500 & 6506 Hackel Dr
2 Bedroom Apartments

6500 & 6506 Hackel Dr

6506 Hackel DrLouisville, KY 40258
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3404 Shagbark Rd
2 Bedroom Apartments

3404 Shagbark Rd

3404 Shagbark RdLouisville, KY 40216
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High Peaks
2 Bedroom Apartments

High Peaks

9815 US-150Greenville, IN 47124

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.

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New Salisbury, IN Local Guide

Cheapest Available New Salisbury Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Salisbury, IN is a Studio unit found at Brookview Glen in the New Albany neighborhood priced from $719. Broadleaf Arms in the Cloverleaf neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable New Salisbury apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$719
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$749
Laurel at the Woodlands1 Bed 1 Bath1BR,1BA$828
Huntley Ridge New AlbanyAspen1BR,1BA$830
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$849
Jefferson Properties2bd Apartment2BR,1BA$900
Paddocks at Ridge Park2.12BR,1BA$950
High Park Apartments2 Bedroom2BR,1BA$982
Silver Creek Commons East & West2 Bedroom East2BR,2BA$995
Plaza Square Apartments2x12BR,1BA$1,000

Best Value Apartments for Rent in New Salisbury, IN and Nearby

As of July 12, 2026 the best value apartment in the New Salisbury area is the $1.06 price per square foot 2BR/1.5BA Model at Lochwood in the in the New Albany neighborhood starting from $1,275. The second greatest value New Salisbury apartment is the The Arbor Model at Arbor Place Apartments starting at $1,150 with a $0.96 price per square foot in the New Albany neighborhood. Here is today’s list of the best values for New Salisbury apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lochwood2BR/1.5BA2BR,1.5BA$1.06
Arbor Place ApartmentsThe Arbor2BR,1.5BA$0.96
Hunters Run2 Bedroom, 2 Bathroom2BR,2BA$0.92
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Valley RidgeThree Bedroom Townhome3BR,1BA$1.02
Adelyn Apartments4229-72BR,2BA$1.03
Plaza Square Apartments2x12BR,1BA$1.00
Sheffield SquareOne Bedroom One Bath1BR,1BA$1.08
Broadleaf ArmsOne Bedroom One Bathroom1BR,1BA$0.94
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$1.06

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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The 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

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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!

Explore New Salisbury, IN Rentals by Map

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Frequently Asked Questions about Cheap New Salisbury Apartments

What is the Cheapest Studio apartment in New Salisbury?

Currently the most affordable Cheap Studio Apartment in New Salisbury is at Brookview Glen listed at $719.

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

The lowest price for a Cheap One Bedroom New Salisbury Apartment is $749 at Broadleaf Arms.

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

Today's best deal for a Cheap Two Bedroom Apartment in New Salisbury is starting from $900 at Jefferson Properties.

What is the most affordable New Salisbury Three Bedroom Apartment?

The best deal on a cheap New Salisbury Three Bedroom Apartment rental is at Jefferson Properties and starts from $1,056.

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

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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.

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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.

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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.

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Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

Articles, How-To's, and Tips

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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.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.