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This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Great for
| 2BR/2.0BA | 2 bed | 2 bath | 1,500 sqft | $1,465 /mo | 1 unit available | Step into comfort and convenience with this beautifully renovated 2-bedroom, 2-bathroom garden-style flat—designed for modern living with a touch of charm. Apartment Features: Spacious layout with vinyl plank flooring and plush carpeting Modern kitchen with designer cabinetry and all stainless steel appliances Full-size washer and dryer connections for added convenience Ceiling fan in the bedroom for year-round comfort Cable ready for easy entertainment setup Enjoy the peaceful ambiance of a garden-style community while living in a home that blends style and functionality. |
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Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
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| Units | 200 |
|---|
Discover the perfect balance of expansive living and modern comfort at Lochwood Apartments, where we offer some of the most generous floor plans in New Albany. Our newly renovated two-bedroom garden apartments and townhomes boast an incredible 1,500 square feet of space far exceeding the market average at a value-driven price point that truly stands out. Each home is designed with your lifestyle in mind, featuring high-end finishes like granite countertops, stainless steel appliances, and the cozy addition of a fireplace in select units. Enjoy the convenience of a private patio or balcony, in-suite washer/dryer hookups, and a dedicated on-site dog park for your furry companions. Nestled just off Slate Run Road, Lochwood provides a peaceful retreat with exceptional connectivity. You are minutes away from the vibrant dining and entertainment of downtown New Albany and less than 15 minutes from the heart of Louisville. Whether you're looking for award-winning service, manicured grounds, or simply more room to breathe, Lochwood is the premier choice for those who refuse to compromise on space or style. Experience the difference that extra space and thoughtful design can make. Scheduling a tour provides an opportunity to explore the 1,500-square-foot model firsthand and learn about any current move-in specials available for these newly renovated units.
How 1429 Slate Run Rd compares to other nearby properties.
Positives
2-bedroom apartments at 1429 Slate Run Rd cost about 43% more than the average rent price for 2-bedroom apartments in New Albany.
| Month | Median Rent |
|---|---|
| March 2024 | $708 |
| April 2024 | $700 |
| May 2024 | $800 |
| June 2024 | $860 |
| July 2024 | $819 |
| August 2024 | $800 |
| September 2024 | $812 |
| October 2024 | $822 |
| November 2024 | $825 |
| December 2024 | $881 |
| January 2025 | $900 |
| February 2025 | $864 |
| March 2025 | $823 |
| April 2025 | $795 |
| May 2025 | $830 |
| June 2025 | $877 |
| July 2025 | $939 |
| August 2025 | $1,016 |
| September 2025 | $932 |
| October 2025 | $912 |
| November 2025 | $912 |
| December 2025 | $1,028 |
| January 2026 | $882 |
| February 2026 | $889 |
Can I afford to live at 1429 Slate Run Rd?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$58,600/yr
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