Photos
- 1–2 Bedrooms
- $1,199–$1,328Rent Pricing
- 800–1,250Square Feet
Rent Specials
Lease today and get free rent until March 1!
About The Monroe
Welcome home to The Monroe, our newly renovated apartment community in New Albany, Indiana. Our updated 1 and 2 bedrooms provide luxurious comfort to make relaxing at home easy. Located across from the Ohio River and close to Interstate 64, you are minutes away from all of the entertainment Downtown Louisville offers. Enjoy shopping, dining out, and more within 5 minutes of your new home. Come visit us today!
The Monroe is located in the 47150 Zip code of New Albany, IN. This community is professionally managed by Elmington Capital Group
Unique Features and Amenities
- Access To Hiking And Biking Trails
- Additional Storage
- laundry room
- Online Resident Portal
- On-Site Management
- Outdoor Kitchen & BBQ Area
- Pet Friendly With Large Breeds Accepted
- Select Homes With Washer/dry Connections
- Sparkling Swimming Pool with Sundeck
- Virtual Tours Offered
Property Contact Info
Floorplan Pricing and Availability
The Monroe offers 1 to 2 Bedroom apartments starting from $1,199 and having 800–1,250 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
One Bedroom One Bathroom
1 Bed, 1 Bath, 800 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable One Bedroom One Bathroom 800 sq ft Model Amenities and Features
Features
- Heating
- High Speed Internet Access
- Storage Space
- Tub/Shower
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Refrigerator
Apartment Model: One Bedroom One BathroomCall For Rates1 Bedroom, 1 Bath, 800 sq ftUnavailable![]()
One Bedroom One Bathroom - Floorplan 1 ![]()
One Bedroom One Bathroom - Floorplan 2 2 Bedrooms
Show Unavailable Floorplans$1,245
2 Bedroom One & One Half Bathroom Deluxe
2 Beds, 1.5 Baths, 1075 sq ftAvailable Mar 28Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,245 March 28, 2025 2 Bedroom One & One Half Bathroom Deluxe 1075 sq ft Model Amenities and Features
Features
- Heating
- High Speed Internet Access
- Storage Space
- Tub/Shower
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Refrigerator
Model Rent and Fees
Price
- $1,245
Apartment Model: 2 Bedroom One & One Half Bathroom Deluxe$1,2452 Bedroom, 1.5 Bath, 1075 sq ftAvailable March 28, 2025![]()
2 Bedroom One & One Half Bathroom Deluxe - Floorplan 1 $1,328
Two Bedroom One & One Half Bathroom Deluxe
2 Beds, 1.5 Baths, 1200 sq ftAvailable Mar 28Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,328 March 28, 2025 Two Bedroom One & One Half Bathroom Deluxe 1200 sq ft Model Amenities and Features
Features
- Heating
- High Speed Internet Access
- Storage Space
- Tub/Shower
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Refrigerator
Model Rent and Fees
Price
- $1,328
Apartment Model: Two Bedroom One & One Half Bathroom Deluxe$1,3282 Bedroom, 1.5 Bath, 1200 sq ftAvailable March 28, 2025![]()
Two Bedroom One & One Half Bathroom Deluxe - Floorplan 1 $1,199
2 Bedroom One & One Half Bathroom
2 Beds, 1.5 Baths, 1075 sq ftAvailable Apr 5Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft $1,199 April 5, 2025 2 Bedroom One & One Half Bathroom 1075 sq ft Model Amenities and Features
Features
- Heating
- High Speed Internet Access
- Storage Space
- Tub/Shower
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Refrigerator
Model Rent and Fees
Price
- $1,199
Apartment Model: 2 Bedroom One & One Half Bathroom$1,1992 Bedroom, 1.5 Bath, 1075 sq ftAvailable April 5, 2025![]()
2 Bedroom One & One Half Bathroom - Floorplan 1 $1,229
Two Bedroom One & One Half Bathroom
2 Beds, 1.5 Baths, 1200 sq ftAvailable Apr 5Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft $1,229 April 5, 2025 Two Bedroom One & One Half Bathroom 1200 sq ft Model Amenities and Features
Features
- Heating
- High Speed Internet Access
- Storage Space
- Tub/Shower
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Refrigerator
Model Rent and Fees
Price
- $1,229
Apartment Model: Two Bedroom One & One Half Bathroom$1,2292 Bedroom, 1.5 Bath, 1200 sq ftAvailable April 5, 2025FloorplansPhotos![]()
Two Bedroom One & One Half Bathroom - Image 1 ![]()
Two Bedroom One & One Half Bathroom - Floorplan 2 ![]()
Two Bedroom One & One Half Bathroom - Floorplan 3 2 bedroom Two Bathroom
2 Beds, 2 Baths, 1250 sq ftLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Unavailable 2 bedroom Two Bathroom 1250 sq ft Model Amenities and Features
Features
- Heating
- High Speed Internet Access
- Storage Space
- Tub/Shower
- Washer/Dryer Hookup
Kitchen
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Refrigerator
Apartment Model: 2 bedroom Two BathroomCall For Rates2 Bedroom, 2 Bath, 1250 sq ftUnavailable![]()
2 bedroom Two Bathroom - Floorplan 1
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
Schedule a Tour
Call us at: (812) 940-3885 to schedule a tour.
Property Information
- 189 Units
- 2 Stories
- Built in 1971
- View Property Website
Lease Terms
- 6-12
- Short Term Lease Options
Pet Policy
Pet Policy - Cats
- 2 Pet Limit
- Max 2 Pets. No Weight Limit, $30 Per Month Per Pet Monthly Pet Rent.
- $30 Monthly Pet Rent
- $300 Fee
Pet Policy - Dogs
- Max 2 Pets. No Weight Limit, $30 Per Month Per Pet Monthly Pet Rent.
- $300 Fee
- $30 Monthly Pet Rent
- 2 Pet Limit
- Breed Restrictions May Apply. No Aggressive Breeds. Please Contact Our Leasing Team For More Details.
Storage Fees & Info
Storage Unit
- $40/MO
Fee & Deposit Info
One-Time Fees
- $199 Admin Fee
- $60 Application Fee
3D Tours
1BR, 1BA v- 800 SF
1BR, 1BA 825 SF
Features and Amenities
Unique Amenities
- Access To Hiking And Biking Trails
- Additional Storage
- laundry room
- Online Resident Portal
- On-Site Management
- Outdoor Kitchen & BBQ Area
- Pet Friendly With Large Breeds Accepted
- Select Homes With Washer/dry Connections
- Sparkling Swimming Pool with Sundeck
- Virtual Tours Offered
On-Site Services
- Maintenance On Site
- 24 Hour Access
- Laundry Facilities
Outdoor Features
- Grill
- Courtyard
Recreation and Fitness
- Fitness Center
- Basketball Court
- Walking/Biking Trails
- Pool
Interior Features
- Storage Space
- High Speed Internet Access
- Heating
- Tub/Shower
- Washer/Dryer Hookup
Kitchen Amenities
- Dishwasher
- Oven
- Disposal
- Range
- Refrigerator
- Kitchen
Living Area Features
- Walk In Closets
Parking Street
- Street
Map
940 University Woods Dr, New Albany, IN 47150
- Shopping
- Colleges
- Grocery
- Medical
- Parks
Map
Hours and Contact Info
Call Us - Open Now!
Currently Closed
By Appointment
| Monday | 8:30 am–5:30 pm |
| Tuesday | 8:30 am–5:30 pm |
| Wednesday | 8:30 am–5:30 pm |
| Thursday | 8:30 am–5:30 pm |
| Friday | 8:30 am–5:30 pm |
| Saturday | 10:00 am–5:00 pm |
| Sunday | Closed |
Getting Around
Walk Score®
58 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about The Monroe
Where is The Monroe located?
The Monroe is located at 940 University Woods Dr, New Albany, IN
What is the current rent range at The Monroe?
1 Bedroom to 2 Bedroom Apartments at The Monroe currently range from $1,199 to $1,328
When is the leasing office open?
- The office Hours for The Monroe are
- Monday 8:30 am–5:30 pm
- Tuesday 8:30 am–5:30 pm
- Wednesday 8:30 am–5:30 pm
- Thursday 8:30 am–5:30 pm
- Friday 8:30 am–5:30 pm
- Saturday 10:00 am–5:00 pm
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Are there any rent specials?
The current rent special at The Monroe is: Lease today and get free rent until March 1!.
Renters Reviews and Ratings
1 2
Showing 1-12 of 14 Reviews
Worst place to be
December 16, 2024This place is infested with roaches and bug. The have poor maintenance and charge your for pest control but they never show. Lastly it been over 6month I left up till today 12/16/24 I have not gotten a refund. Plus the new management now are so rude.Review from Apartments.com
Don’t move here !!!
October 13, 2024I lived at the Monroe apartments for 2 years and it was my first apartment at 18 years old. Absolutely terrible experience. They are roach infested, the AC always breaks and they never fix it in a timely manner or offer window units. Black mold behind the shower as well. I was so sick staying there. Managers are very rude as well. Please find somewhere else.Property Manager Responded
October 18, 2024We are sorry to hear about your prior experience. Please contact the office regarding your experience. Our office is all new staff and we hope to rectify any past mistakes that may have been made by the office.
Review from Apartments.com
very quiet community
August 16, 2024I come from a property previously where my neighbors were screaming through the apartment. Not here though. its super quiet almost eery in a sense. I prefer this over the city any day. I haven't had any issues with pest control as they just came on Wednesday and the office staff is great. So far I give a 9 out of 10. I only do this because I wish there were more restaurants on the street its at. There are a few but I have to travel dow to them. Wish they were closer.Property Manager Responded
November 7, 2024We appreciate your high rating and positive feedback about our peaceful environment. It's great to hear that you're enjoying the tranquility and our proactive pest control measures. We understand your wish for more nearby dining options and appreciate your suggestion. Thank you for choosing our community as your home.
Review from Apartments.com
Five Star!!
August 15, 2024I'm so happy with the new management company!! The previous one didn't answer the phones nor talk at the door. I love the leasing agent and new manager I met today. Thank you for all your help!!Property Manager Responded
November 7, 2024Thank you for the five-star rating! We're thrilled to hear about your positive experience with our new management team. Your kind words are greatly appreciated and we're here to help anytime.
Review from Apartments.com
Beautiful Property
August 6, 2024The property is immaculate! There are great shops and restaurants nearby.Review from Apartments.com
Feeling hopeless
June 22, 2024Where to begin… There are bugs in the townhomes and apartments. Including roaches! Management is super rude to speak to, they always respond with an attitude or as if you’re bothering their day. Trash is always piled in the dumpsters, they are never consistent on having it taken out. The units are old and falling apart, dishwasher leaks, cabinets under sinks falling apart. Washer and dryer facility is gross. They never clean it and the machines are constantly broken. The pool is RARELY ...open because “no one is here” meaning they force the kids to play in 100+ heat on the weekends because they don’t want to open it. (Hours are supposed to be 10-10 but it’s never opened for more than 3 hours IF they decide to be here) They don’t care about their community or residents here, they had no issue towing countless homes vehicles for little petty reasons like expired tags, or the vehicle looking rough. Even though their entire units look ran down and rough, they care more about our cars than the units. This place could have so much potential if other people ran it and CARED about their residents. So basically to sum it up - RUDE office folks, pool is never open because they refuse to be here, BUGS IN UNIT, washing facility is gross, and you can hardly get a hold of anyone because they treat you as an annoyance. Oh and they’ll tow your car before they do something nice for their residents or good for their units. The only reason these sweet families stay, is location and price. But even then, the price needs to decrease due to how poorly this place is ran and how much they make their residents sufferProperty Manager Responded
July 22, 2024We're truly sorry to hear about your experience. It's important to us that our community members feel heard and valued. We take your concerns about cleanliness, maintenance, and communication seriously. We invite you to come to the office or reach out to us directly so we can discuss these matters further. Your feedback is crucial in helping us improve.
Read MoreReview from Apartments.com
Mediocre, Poor Management / Maintanaince
April 12, 2023The pool has not been available in the 1 1 /2 years I have been here. The water sometimes tastes awful. Toilet water is always running. "Renovations" were not done properly with drawers and toilet paper holders falling off. There has been a alarm going off in my building for 3 months now.Review from Apartments.com
Great place to live!
October 22, 2021I have lived here for over a year and they have brand new appliances, Granite countertops, hardwood floor, and new cabinets.Review from Apartments.com
Excellently Managed Apartment Complex
October 22, 2021I have been a vendor for many property management companies but none as organized as The Monroe. The most fascinating thing about this staff is they're always responsive to my company.Review from Apartments.com
Cheap Rent, Cheap Living
November 11, 2019I’m 9 months into my year lease and let me just say, I have never felt more stressed out, and at an absolute loss for words. So many things have fallen apart and broken. There is a serious problem involving their sewer systems, and they don’t do anything about it. My apartment constantly reeks of the smell, coming from the bathroom. The maintenance is a joke. They check things off as fixed, but never come in to actually fix the problem. I would rather live in a tent at this point. The only thing ...good about this place so far is the rent price. There’s a reason I’m on this website, and it isn’t to brag. Please find somewhere else to live.Property Manager Responded
November 13, 2019Thank you for reaching out, Amber. Due to the nature of your concerns, we feel it would be best if we spoke with you directly. Please stop by the office or give us a call at your earliest convenience.
Read MoreReview from Apartments.com
Rude and unprofessional management!
August 11, 2019I’ve called and spoke with the call center they told me that they had opening and they scheduled me an appointment for a viewing on site . Well when I arrived on-site the manager asked how he could help me I told he I was there for an appointment for a viewing, he than walked out and left me with the woman there working, as I’m speaking with the woman giving her my information, he walks out of his office to tell me that the call center is giving out false information there isn’t any availability ...and there wouldn’t be anytime soon. Now they are saying there are several available! It’s been nothing but a bad experience. I’ve been given the run around so many times!Property Manager Responded
August 27, 2019We appreciate your interest in our community and sincerely apologize for any inconvenience that you've experienced. Our availability is subject to change at any given time and we do our best to provide the most accurate information available to us. If you are still seeking a great home in the area, we would be very grateful for the opportunity to discuss your needs and our current availability. Please reach out to us here in the office once more and we'll be happy to speak with you.
Read MoreReview from Apartments.com
Great Service in office
January 10, 2019I received AWESOME, courteous service this afternoon from Connie. She dealt with my problem in an efficient and pleasant manner.Review from Apartments.com
Nearby Schools
New Albany Senior High School
New Albany-Floyd County Con Sch
1020 Vincennes Street
Public School - Grades 9-12 (1812 Students)
In Attendance Zone4 minute drive / 2.0 miles away
Hazelwood Middle School
New Albany-Floyd County Con Sch
1021 Hazelwood Avenue
Public School - Grades 5-8 (857 Students)
In Attendance Zone5 minute drive / 1.9 miles away
Mount Tabor School
New Albany-Floyd County Con Sch
800 Mount Tabor Road
Public School - Grades PK-4 (557 Students)
In Attendance Zone1 minute drive / 0.2 miles away
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.
About GreatSchools Data on ApartmentHomeLiving.com.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from The Monroe.
Arts Museums and Landmarks
Big Box and Retail
Kroger
3200 Grant Line Rd
1 minute drive / 0.43 miles away
Aldi
3118 Grant Line Rd
1 minute drive / 0.61 miles away
Kohl's
3899 Charlestown Rd
2 minute drive / 0.95 miles away
Colleges and Universities
702 North Shore Drive
11 minute drive / 5.24 miles away
727 West Chesnut Street
13 minute drive / 6.1 miles away
Groceries
Kroger
3200 Grant Line Rd
1 minute drive / 0.43 miles away
Aldi
3118 Grant Line Rd
1 minute drive / 0.61 miles away
Save-A-Lot
2626 Portland Ave
9 minute drive / 4.2 miles away
Hospitals
Parks and Recreation
The Monroe has 2 parks within 7.3 miles, including Louisville Extreme Park, and Central Park.
Shopping Centers
The Monroe has 5 shopping centers within 0.7 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Albany Studio Apartments | $1,011 | $378 | $1,235 |
| New Albany 1 Bedroom Apartments | $939 | $200 | $1,715 |
| New Albany 2 Bedroom Apartments | $1,192 | $649 | $1,685 |
| New Albany 3 Bedroom Apartments | $1,406 | $795 | $1,850 |
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Viewing: The Monroe | Desktop Version | Listing Updated: 03/26/2025 | AHLPLA