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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 the Downtown New Albany Neighborhood of New Albany, IN from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown New Albany area of New Albany.
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Rent Specials
from $7951 Bedroom Apartments Available Now
1743 Culbertson Ave
1743 Culbertson AveNew Albany, IN 47150
2013 E Oak St
New AlbanyIN47150
318 W Market St
New AlbanyIN47150
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from $6951 Bedroom Apartment Available Now
3149 Vermont Ave, Unit 3
3149 Vermont AveLouisville, KY 40211
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Showing Results 1-15, Page 1 of 1
Downtown New Albany, New Albany, IN Local Guide
How much does it cost to rent an apartment in Downtown New Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown New Albany Studio Apartments | $1,000 | $378 | $1,220 |
| Downtown New Albany 1 Bedroom Apartments | $1,058 | $549 | $1,750 |
| Downtown New Albany 2 Bedroom Apartments | $1,273 | $649 | $2,500 |
| Downtown New Albany 3 Bedroom Apartments | $1,323 | $895 | $1,906 |
| Downtown New Albany 4 Bedroom Apartments | $1,193 | $1,125 | $1,295 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown New Albany Neighborhood of New Albany, IN.
See all Apartments in New AlbanyExplore New Albany
Downtown New Albany, New Albany, IN Local Guide
- Nearby New Albany neighborhoods
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Cheapest Available Downtown New Albany Apartments for Rent
The cheapest available apartment rental in the Downtown New Albany area of Louisville, IN is a Studio unit found at Brookview Glen priced from $378. Rowan Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here are the most affordable Downtown New Albany apartments for rent in Louisville, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookview Glen | Studio | Studio,1BA | $378 |
| Rowan Place | 1 bedroom | 1BR,1BA | $775 |
| 1743 Culbertson Ave | 1 Beds, 1 Baths | 1BR,1BA | $795 |
| Huntley Ridge New Albany | 1 Bedroom 1 Bathroom | 1BR,1BA | $824 |
| Courtyard Apartments | 2.1B | 2BR,1BA | $870 |
Best Value Apartments for Rent in Downtown New Albany, IN
As of April 15, 2025 the best value apartment in the Downtown New Albany area is the $0.91 price per square foot Two Bedroom Two Bath Model at Sheffield Square in the in the Downtown New Albany neighborhood starting from $1,222. The second greatest value Downtown New Albany apartment is the 3bd Model at Jefferson Properties starting at $1,307 with a $1.09 price per square foot in the Downtown Louisville neighborhood. Here is today’s list of the best values for Downtown New Albany apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sheffield Square | Two Bedroom Two Bath | 2BR,2BA | $0.91 |
| Jefferson Properties | 3bd | 3BR,2BA | $1.09 |
| Academy Park Apartments | 2 BEDROOM 2 BATHROOM | 2BR,2BA | $1.12 |
| Courtyard Apartments | 2.1B | 2BR,1BA | $1.01 |
| 1608 Dewey St, Unit 4-4mg | 1608 Dewey St | 2BR,1BA | $1.08 |
| Huntley Ridge New Albany | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.10 |
| Rowan Place | 1 bedroom | 1BR,1BA | $1.05 |
| 1900 Bono Rd | 1900 Bono Rd | 1BR,1BA | $1.11 |
| 3149 Vermont Ave, Unit 3 | 3149 Vermont Ave | 1BR,1BA | $1.10 |
| Brookview Glen | Studio | Studio ,1BA | $0.95 |
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Pet Friendly LifestyleDowntown New Albany, New Albany, IN
Ranked #1
Among neighborhoods in New Albany, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown New Albany, New Albany, IN
S Ellen Jones Elementary School
New Albany-Floyd County Con Sch
Public School - Grades PK-4 (208)
6 out of 10
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
Getting Around the Downtown New Albany Neighborhood in New Albany, IN
Walk Score®
81 / 100
Very Walkable
Most 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 Cheap Downtown New Albany Apartments
What is the price of a cheap apartment in Downtown New Albany?
The cheapest apartment in Downtown New Albany is Brookview Glen which is listed at $549, while the average apartment in Downtown New Albany costs $1,395.
What types of apartments are the cheapest in Downtown New Albany?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Downtown New Albany that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown New Albany?
Cheap apartments in Downtown New Albany have an average cost of $225 which is $1,170 cheaper than the average rent for all rentals in Downtown New Albany.
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.
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.
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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.