
Cheap Homes for Rent in New Albany, IN from $700 (39 Rentals)
Search the lowest-cost Homes available for rent right now in New Albany.


104 Boston Ct

1002 E Main St

216 E 13th St

4104 Sunset Ave

3702 W Muhammad Ali Blvd

4104 Sunset Ave

4141 W Market St

4501 Sunset Ave

2904 Duncan St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

214 N 24th St

126 N Longworth Ave

608 E 8th St

2814 W Muhammad Ali Blvd

214 N 24th St

1913 Baird St

614 E Oak St

819 S 40th St

1815 Columbia St

1815 Columbia St
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

3606 W Muhammad Ali Blvd

3814 Alford Ave

3814 Alford Ave

3411 W Muhammad Ali Blvd

2821 Rowan St

2534 St Xavier St

3908 Alford Ave

343 N 42nd St

4020 Larkwood Ave

4020 Larkwood Ave

900 S 45th St

900 S 45th St

1842 Baird St

1842 Baird St

104 S 46th St

1843 Bank St

1000 S 43rd St

2111 Duncan St

2504 W Jefferson St
New Albany, IN Local Guide

How much does it cost to rent a home in New Albany?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Albany 2 Bedroom Homes for Rent | $1,092 | $850 | $2,000 |
New Albany 3 Bedroom Homes for Rent | $1,341 | $985 | $2,200 |
New Albany 4 Bedroom Homes for Rent | $1,502 | $1,100 | $1,750 |
New Albany 5 Bedroom Homes for Rent | $1,785 | $1,399 | $2,200 |
New Albany 6 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
New Albany 7 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
Browse Top Homes for Rent in New Albany
Explore New Albany
New Albany, IN Local Guide
- 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 |
Madison Apartments | 2 Bedroom | 2BR,1BA | $745 |
Townsquare Apartments | garden apartment | 1BR,1BA | $750 |
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 New Albany, IN
As of April 29, 2025 the best value apartment in the New Albany area is the $0.81 price per square foot 2101 Saint Xavier St Model at 2101 Saint Xavier St, Unit 1F in the in the Portland neighborhood starting from $895. The second greatest value New Albany apartment is the 2x1 Model at Plaza Square Apartments starting at $1,000 with a $1.00 price per square foot in the Southern Indiana 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. |
---|---|---|---|
2101 Saint Xavier St, Unit 1F | 2101 Saint Xavier St | 3BR,1BA | $0.81 |
Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
Glenview Apartments | 2 Bedroom 2nd Floor | 2BR,1.5BA | $0.93 |
Huntley Ridge Townhomes | Norfolk Townhome | 2BR,1.5BA | $0.98 |
Stone Creek Apartments I & II | 2 Bed 1 Bath | 2BR,1BA | $0.95 |
2739 Edgewood Ln, Unit 6-38 | 2739 Edgewood Ln | 2BR,1BA | $0.96 |
High Park Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
Madison Apartments | 2 Bedroom | 2BR,1BA | $0.93 |
Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $0.34 |
Brookview Glen | Studio | Studio ,1BA | $0.95 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Frequently Asked Questions about New Albany
What type of rentals are currently available in New Albany?
There are currently 242 Apartments for Rent in New Albany, IN with pricing that ranges from $200 to $1,850. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Albany ranging from $750 to $2,200.
What is the current price range for Rental Homes in New Albany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Albany ranges from $750 to $2,200 with an average monthly rent of $1,473.
How much are larger Three and Four Bedroom Rentals in New Albany?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Albany range from $858 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $985 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,195.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.