
Cheap Apartments for Rent in the Downtown New Albany Neighborhood of New Albany, IN from $300 (18 Rentals)
Cheap Apartments in the Downtown New Albany area of New Albany.


1743 Culbertson Ave

318 W Market St
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3149 Vermont Ave

3149 Vermont Ave, Unit 3

2614 W Jefferson St, Unit 4

2614 W Jefferson St
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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 | $960 | $378 | $1,190 |
Downtown New Albany 1 Bedroom Apartments | $1,042 | $549 | $1,730 |
Downtown New Albany 2 Bedroom Apartments | $1,213 | $649 | $1,654 |
Downtown New Albany 3 Bedroom Apartments | $1,297 | $926 | $1,906 |
Downtown New Albany 4 Bedroom Apartments | $1,295 | $1,295 | $1,295 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown New Albany Neighborhood of New Albany, IN.
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Downtown New Albany, New Albany, IN Local Guide
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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 $777. 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 | $777 |
1743 Culbertson Ave | 1 Beds, 1 Baths | 1BR,1BA | $795 |
Courtyard Apartments | 2.1A | 2BR,1BA | $828 |
Best Value Apartments for Rent in Downtown New Albany, IN
As of May 07, 2025 the best value apartment in the Downtown New Albany area is the $1.06 price per square foot 2 Bedroom Townhome Newly Renovated Model at Lochwood Apartments in the in the Downtown New Albany neighborhood starting from $1,275. The second greatest value Downtown New Albany apartment is the Two Bedroom 1.5 Bath Townhouse Model at Sheffield Square starting at $1,238 with a $1.09 price per square foot in the Downtown New Albany 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. |
---|---|---|---|
Lochwood Apartments | 2 Bedroom Townhome Newly Renovated | 2BR,1.5BA | $1.06 |
Sheffield Square | Two Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.09 |
Academy Park Apartments | 2 BEDROOM 2 BATHROOM | 2BR,2BA | $1.12 |
1608 Dewey St, Unit 4-4mg | 1608 Dewey St | 2BR,1BA | $1.08 |
Courtyard Apartments | 2.1A | 2BR,1BA | $1.03 |
Rowan Place | 1 bedroom | 1BR,1BA | $1.05 |
2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,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
3.0Pet Friendly
Best Local Schools in Downtown New Albany, New Albany, IN
S Ellen Jones Elementary School
New Albany Senior High School
Nathaniel Scribner Middle School
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
How much is rent for a Cheap One Bedroom Downtown New Albany Apartment?
The lowest price for a Cheap One Bedroom Downtown New Albany Apartment is $549 at Brookview Glen.
What is the lowest price for a Cheap Two Bedroom Downtown New Albany Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown New Albany is starting from $828 at Courtyard Apartments.
What is the most affordable Downtown New Albany Three Bedroom Apartment?
The best deal on a cheap Downtown New Albany Three Bedroom Apartment rental is at Jefferson Properties and starts from $926.
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.

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