How much is the average rent in New Albany, IN for 1-bedroom and 2-bedroom apartments?

One-bedroom apartments in New Albany averaged around $920 per month in 2025, while two-bedroom units averaged around $1,200 monthly. Two-bedroom apartments make up the majority of the rental market at 59% of available listings, compared to one-bedrooms at 22% of inventory.

When is the best time to look for an apartment in New Albany, IN?

Late summer timing, particularly August, offers the best rental prices in New Albany with the lowest monthly rates. May has the highest rent with a 14.2% difference between peak and off-peak months, while June and January show less competitive conditions with reduced overall demand.

Are there pet-friendly apartments in New Albany, IN?

New Albany offers excellent options for pet owners with 64% of rental listings being pet-friendly. With an average of 59 listings available per month, this means approximately 38 pet-welcoming apartments are typically available for renters with furry companions.

Are utilities usually included in rent in New Albany, IN?

Utilities are rarely included in New Albany rental prices, with only about 1% of total listings including utilities as part of the rent. This pattern holds consistent across bedroom types, with minimal utility inclusion for studios, one-bedrooms, two-bedrooms, and three-bedroom apartments.

Cheap Apartments for Rent in New Albany, IN

25 rentals available

Income restricted

Age restricted

21h ago

9.8

Excellent

Verified

Baptist Towers 62+

1014 S 2nd St, Louisville, KY 40203

Affordable | Carpet | Air conditioning

Studio–1 bed

1 bath

$375–$964

Apartment for rent

Available Mar 25

Top amenities

Air Conditioning

Carpet

Call

1206 1206 S Preston St - 1206 S Preston #3 - Photo 1 of 1

5d+ ago

Cheap Shelby Park apartment for rent in Louisville

Affordable | Air conditioning | Oven

Studio

1 bath

$650

Apartment for rent

Highly rated

Income restricted

21h ago

9.6

Excellent

Verified

Old School 55+

422 Heywood Ave, Louisville, KY 40208

Affordable | Wheelchair accessible | On-site laundry

Studio–1 bed

1 bath

$708–$759

Apartment for rent

Available Mar 3

Top amenities

On-Site Laundry

Call

Highly rated

Income restricted

21h ago

9.7

Excellent

Verified

Zion Manor

2201 W Muhammad Ali Blvd, Louisville, KY 40212

Affordable | Elevator

1–2 beds

1 bath

$713–$854

Apartment for rent

Available Feb 4

Call

Highly rated

27m ago

9.7

Excellent

Verified

Cathedral Commons

433 S 2nd St, Louisville, KY 40202

Affordable | Elevator | Wheelchair accessible

Studio–2 beds

1–2 baths

$765–$1,131

Apartment for rent

Available Sep 4

Call

Christ The King Senior Living - Photo 1 of 1

Highly rated

Income restricted

21h ago

9.5

Excellent

Verified

Christ The King Senior Living

700 S 44th St, Louisville, KY 40211

Affordable

1–2 beds

1 bath

$779–$934

Apartment for rent

Available Dec 7

Call

Nearby rental good for eco-living

$853–$1,209

Algonquin

Nearby rental good for pet owners

$1,087–$1,507

Clarksville

Income restricted

12h ago

9.5

Excellent

Verified

Hillebrand House 62+

1235 S 3rd St, Louisville, KY 40203

Affordable | Hardwood floor | Air conditioning

1 bed

1 bath

$780–$1,259

Apartment for rent

Available Mar 18

Top amenities

Elevator

Hardwood Floor

Call

Income restricted

3D tour

23h ago

9.8

Excellent

Verified

Madison

1244 S 4th St, Louisville, KY 40203

Affordable

2–3 beds

1 bath

$819–$946

Apartment for rent

Available Sep 5

Call

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Income restricted

3D tour

21h ago

9.5

Excellent

Verified

Wilart Arms

1797 Wilart Dr, Louisville, KY 40210

Affordable | Elevator | On-site laundry

1–3 beds

1 bath

$853–$1,209

Apartment for rent

Available Feb 14

Top amenities

On-Site Laundry

Call

5d+ ago

Verified

1847 W Kentucky St, Louisville, KY 40210

Affordable | Fireplace | Outdoor space

2 beds

1 bath

$895

House for rent

Find sweet deals near New Albany

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$900

New Albany

$950

New Albany

$1,050

New Albany

Highly rated

Income restricted

21h ago

9.8

Excellent

Verified

Jefferson Properties

1244 S 4th St, Louisville, KY 40203

Affordable | Elevator | Controlled access

2–3 beds

1 bath

$919–$1,059

Apartment for rent

Available Oct 28

Top amenities

Elevator

Call

Rent special

1d ago

9.9

Excellent

Verified

Flats on Fifth

430 W Muhammad Ali Blvd, Louisville, KY 40202

Affordable | In-unit laundry | Storage

1–2 beds

1–2 baths

$924–$2,569

Apartment for rent

Available Jun 22

Top amenities

In-Unit Laundry

Oven

Call

5d+ ago

Cheap Old Louisville apartment for rent in Louisville

Affordable | In-unit laundry | Air conditioning

2 beds

1 bath

$1,025

$925

Price drop

Apartment for rent

Top amenities

In-Unit Laundry

Income restricted

21h ago

9.4

Excellent

Verified

York Towers

201 York St, Louisville, KY 40203

Affordable | Elevator | Controlled access

Studio–1 bed

1 bath

$976–$1,077

Apartment for rent

Available Jan 21

Call

4d ago

8.5

Very good

513 E Ormsby

513 E Ormsby Ave, Louisville, KY 40203

Affordable | In-unit laundry | Air conditioning

2 beds

1 bath

$995

Apartment for rent

Top amenities

In-Unit Laundry

3D tour

5d+ ago

Verified

302 Cecil Ave, Louisville, KY 40212

Affordable | Garage parking | Outdoor space

2 beds

1 bath

$1,025

House for rent

Zion Manor II Senior Apartments - Photo 1 of 1

Income restricted

Age restricted

4d ago

8.8

Very good

Verified

Zion Manor II Senior Apartments

2237 W Muhammad Ali Blvd, Louisville, KY 40212

Affordable | Elevator

1–2 beds

1 bath

$1,067–$1,298

Apartment for rent

Available Sep 25

Call

Nicholas Landing Apartments - Photo 1 of 1

Highly rated

Income restricted

21h ago

9.6

Excellent

Verified

Nicholas Landing Apartments

2251 Addmore Ln, Clarksville, IN 47129

Affordable | In-unit laundry | Carpet

1–3 beds

1–2 baths

$1,087–$1,507

Apartment for rent

Available May 24

Top amenities

Carpet

In-Unit Laundry

Call

Highly rated

4d ago

7.7

Very good

Lofts of Broadway

419 Finzer St, Louisville, KY 40203

Affordable | Dishwasher | Hardwood floor

1 bed

1 bath

$1,120–$1,432

Apartment for rent

Income restricted

21h ago

9.2

Excellent

Verified

Cleo Housing

1244 S 4th St, Louisville, KY 40203

Affordable

3 beds

1 bath

$1,256

Apartment for rent

Available Mar 1

Call

5d+ ago

Verified

Wellington Green

2102 Bradford St #94B, Clarksville, IN 47129

Affordable | In-unit laundry | Storage

3 beds

2 baths

$1,259

House for rent

Top amenities

In-Unit Laundry

On-Site Laundry

3d ago

9.2

Excellent

Verified

Wellesley Townhomes

1600 S 2nd St, Louisville, KY 40208

Affordable

2 beds

1 bath

$1,293

Apartment for rent

Available Mar 10

Call

3D tour

5d+ ago

Verified

820 Hazel St, Louisville, KY 40211

Affordable | Carpet | Outdoor space

4 beds

2 baths

$1,395

House for rent

3D tour

2d ago

Verified

2117 Osage Ave, Louisville, KY 40210

Affordable | Carpet | Outdoor space

3 beds

1 bath

$1,460

House for rent

5d+ ago

Verified

$1,700 - 4 Bedroom 2.5 Bathroom Completely Renovated House in Louisville's West End

722 S 40th St #NA, Louisville, KY 40211

Affordable | On-site laundry | Assigned parking

4 beds

2.5 baths

$1,700

House for rent

Available Jun 22

Top amenities

Air Conditioning

Central Heat

On-Site Laundry

Storage

Showing 1 - 25 of 25 results

Home > Apartments in New Albany > New Albany Cheap Apartments For Rent

Updated: June 22, 2026

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