Zumper
modified
5+ Days Ago

Highlights

  • Professionally managed
  • Linen closet
  • Eat-in kitchen
  • Modern lighting fixtures
  • Updated kitchen cabinetry
  • Ample cabinet and counter space

Location

615 E 5th St, New Albany, IN 47150, USA
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Contact

Management

Kentuckiana Property Management LLC

Leasing office

(502) 882-0763

Property Overview

615 East 5th Street is a professionally managed property that features modern amenities such as an eat-in kitchen, updated cabinetry, and ample storage space. With a Zumper expert rating of 8.6 and impressive scores for price, amenities, and location—ranging from 9 to 10—this property excels in providing great value and convenience, being close to schools and transport options. Notably, it demonstrates transparency and trustworthiness, ensuring potential renters have a clear understanding of what to expect.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, 615 East 5th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 615 East 5th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Middle school nearby

Floor plans

2BR/1.5BA2 bed1.5 bath940 sqft$1,050 /mo1 unit available* Unit under renovation please excuse our mess! New pictures coming soon!* Check out this charming, recently renovated townhome just minutes from the heart of New Albany’s favorite spots! Restaurants, coffee shops, and boutiques are all within three blocks. This spacious 2-bedroom, 1.5-bath home offers 940 sq. ft. of comfort and style. Enjoy fresh neutral paint, updated kitchen cabinetry, modern lighting fixtures, and newer flooring throughout. As you enter, you’ll be welcomed by a large living room with a convenient half bath tucked under the stairs. The eat-in kitchen features ample cabinet and counter space, plus a dedicated washer/dryer closet and utility/pantry area. Upstairs, you’ll find two generously sized bedrooms with partial walk-in closets—both easily accommodating queen-sized furniture. A full bath and linen closet complete the second floor. Water, sewer, and trash are included! Professionally managed by Kentuckiana Property Management. The tenant is responsible for Electric and Gas and must have a decent credit history. Total household income must meet or exceed 3x rent. No open/current bankruptcy or foreclosure or owe previous landlord or apartment community.

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Amenities for 615 East 5th Street

Apartment Amenities

Trash

Appliances

RangeRefrigerator
Stove

Building

Water/Sewer
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Contact for more information on pet policy.

Building details

Property details

Units2
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About 615 East 5th Street

HomeApartments in New Albany 615 East 5th Street

* Unit under renovation please excuse our mess! New pictures coming soon!* Check out this charming, recently renovated townhome just minutes from the heart of New Albany’s favorite spots! Restaurants, coffee shops, and boutiques are all within three blocks. This spacious 2-bedroom, 1.5-bath home offers 940 sq. ft. of comfort and style. Enjoy fresh neutral paint, updated kitchen cabinetry, modern lighting fixtures, and newer flooring throughout. As you enter, you’ll be welcomed by a large living room with a convenient half bath tucked under the stairs. The eat-in kitchen features ample cabinet and counter space, plus a dedicated washer/dryer closet and utility/pantry area. Upstairs, you’ll find two generously sized bedrooms with partial walk-in closets—both easily accommodating queen-sized furniture. A full bath and linen closet complete the second floor. Water, sewer, and trash are included! Professionally managed by Kentuckiana Property Management. The tenant is responsible for Electric and Gas and must have a decent credit history. Total household income must meet or exceed 3x rent. No open/current bankruptcy or foreclosure or owe previous landlord or apartment community.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, 615 East 5th Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 615 East 5th Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 615 East 5th Street
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
615 East 5th Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
615 East 5th Street goes above and beyond to provide sought-after conveniences and desirable perks, including trash. Renters looking for popular or luxurious features will find them here—and for that reason, 615 East 5th Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
615 East 5th Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 615 East 5th Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 615 East 5th Street compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.3 mile away
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in New Albany

2-bedroom apartments at 615 East 5th Street cost about 14% less than the average rent price for 2-bedroom apartments in New Albany.

Median rents as of Jan 13 2024.
New Albany
A table of studio rental data trends in New Albany
MonthMedian Rent
January 2024$450

Affordability calculator

Can I afford to live at 615 E 5th St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$42,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 2-bedrooms monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.

Schools near 615 East 5th Street

S. Ellen Jones Elementary School

600 e 11th st

new albany, IN, 47150

PK, K-4Public
B-

Children's Academy Early Learning Center

1111 pearl st

new albany, IN, 47150

PKPublic

Green Valley Elementary School

2230 green valley rd

new albany, IN, 47150

PK, K-4Public
B+

Slate Run Elementary School

1452 slate run rd

new albany, IN, 47150

PK, K-4Public
A-

Mount Tabor School

800 mount tabor

new albany, IN, 47150

PK, K-4Public
A-
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Internet available near 615 East 5th Street

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around New Albany near 615 E 5th St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 615 E 5th St, New Albany

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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