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from $378Studio to 2 Bedroom Apartments Available Now
Brookview Glen
1810 Graybrook LnNew Albany, IN 47150
Cheap Apartments for Rent in New Albany, IN from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in New Albany.
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from $2001 Bedroom Apartments Available Now
Yellowwood Terrace Affordable Senior Housing
2100 Greentree NClarksville, IN 47129
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from $6951 Bedroom Apartment Available Now
3149 Vermont Ave, Unit 3
3149 Vermont AveLouisville, KY 40211
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from $6951 Bedroom Apartment Available Now
3124 Vermont Ave, Unit 1
3124 Vermont AveLouisville, KY 40211
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New Albany, IN Local Guide
How much does it cost to rent an apartment in New Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New Albany Studio Apartments | $867 | $378 | $1,040 |
| Cheap New Albany 1 Bedroom Apartments | $927 | $200 | $1,565 |
| Cheap New Albany 2 Bedroom Apartments | $1,215 | $649 | $2,500 |
| Cheap New Albany 3 Bedroom Apartments | $1,413 | $895 | $1,850 |
Browse Top Apartments in New Albany
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New Albany, IN Local Guide
Written By:
Staff Writer Local Guide Expert
- New Albany Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New Albany Apartments for Rent
The cheapest available apartment rental in New Albany, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Southern Indiana neighborhood priced from $200. Brookview Glen in the Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $378. Here is today’s list of the most affordable New Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Brookview Glen | Studio | Studio,1BA | $378 |
| Huntley Ridge Clarksville | Classic 1 Bedroom 1 Bathroom | 1BR,1BA | $719 |
| Townsquare Apartments | garden apartment | 1BR,1BA | $750 |
| Stone Creek Apartments I & II | 1 Bed 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in New Albany, IN
As of February 18, 2025 the best value apartment in the New Albany area is the $1.05 price per square foot 3 Bedroom Townhomes - FG Eastern Model at Gateway Crossing in the in the Southern Indiana neighborhood starting from $1,850. The second greatest value New Albany apartment is the 2 bedroom 2 bath with connections Model at Academy Park Apartments starting at $1,169 with a $1.05 price per square foot in the Downtown New Albany neighborhood. Here is today’s list of the best values for New Albany apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gateway Crossing | 3 Bedroom Townhomes - FG Eastern | 3BR,2.5BA | $1.05 |
| Academy Park Apartments | 2 bedroom 2 bath with connections | 2BR,2BA | $1.05 |
| 2101 Saint Xavier St, Unit 1F | 2101 Saint Xavier St | 3BR,1BA | $0.81 |
| Plaza Square Apartments | 2X2 | 2BR,2BA | $1.00 |
| 2739 Edgewood Ln, Unit 6-38 | 2739 Edgewood Ln | 2BR,1BA | $0.96 |
| Madison Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| Huntley Ridge Clarksville | 1 Bedroom 1 Bathroom with Balcony | 1BR,1BA | $1.00 |
| Rowan Place | 1 bedroom | 1BR,1BA | $1.05 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
| Brookview Glen | Studio | Studio ,1BA | $0.95 |
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New Albany Overview
If you are looking for a peaceful, suburban area to live in with a friendly community, New Albany, IN may be an ideal place to live. New Albany boasts a strong economy, a long history, and an energetic community. Of course, one of its major benefits is that it is so close to major cities such as Louisville, Indianapolis, and Cincinnati. While you will be living in a small, affordable, and safe area, you will have direct access to all the exciting advantages of major cities.
Why live in New Albany, IN?
If you are considering apartments in New Albany, you may have found your perfect new home. New Albany, IN is a close-knit community full of friendly individuals. There is a strong industrial culture, offering many employment opportunities whereas there are plenty more in nearby major cities. Furthermore, you will always have a multitude of things to do as there are restaurants, small shops and boutiques, museums, and community events and programs. One of the most attractive selling points is the fact that apartments and houses are affordable.
Best Local Schools in New Albany, IN
New Albany Senior High School
New Albany-Floyd County Con Sch
Public School - Grades 9-12 (1812)
6 out of 10
Nathaniel Scribner Middle School
New Albany-Floyd County Con Sch
Public School - Grades 5-8 (902)
4 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Albany, IN Rentals by Map
See the most popular apartments and homes in New Albany, IN
New Albany, IN Apartments MapNew Albany, IN Rental Homes MapGetting Around New Albany, IN
Walk Score®
52 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 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 Brookview Glen listed at $378.
How much is rent for a Cheap One Bedroom New Albany Apartment?
The lowest price for a Cheap One Bedroom New Albany Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.
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 $765 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 Courtyard Apartments and starts from $1,216.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.