Bedroom count

Property type

Last updated on October 15, 2025

Average rent in
New Albany, IN

Last updated on October 15, 2025

Last updated on October 15, 2025

Bedroom count

Property type

As of October 2025, the median rent for all bedroom counts and property types in New Albany, IN is $1,250. This is -36%, or $700, lower than the national average.

$1.09

average price per square foot

Median rent

$1,250

increased by1%
over the previous yearvs previous year

Total rentals

24

for rent on Zumper.com

As of October 2025, the median rent for all bedroom counts and property types in New Albany, IN is $1,250. This is -36%, or $700, lower than the national average.

$1.09

average price per square foot

Rent ranges

6%
66%
23%
4%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000

Households

57%
43%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
New Albany, IN

Rent price trends

Rent prices for all bedroom counts and property types in New Albany, IN have increased by 3% in the last month and have increased by 1% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
New Albany, IN

The monthly rent for an apartment in New Albany, IN is $1,197. A 1-bedroom apartment in New Albany, IN costs about $875 on average, while a 2-bedroom apartment is $1,225. Houses for rent in New Albany, IN are more expensive, with an average monthly cost of $1,595.

Comparables

1 bedroom

$929

2%

20%

2 bedroom

$1,225

3%

5%

3 bedroom

$1,782

1%

1%

4 bedroom

$1,875

2%

29%

Studio

$1,095

No Change

-

Studio

Average rent

$1,095

1 bedroom

Average rent

$929

Last 30 days

2%

Last year

20%

2 bedroom

Average rent

$1,225

Last 30 days

3%

Last year

5%

3 bedroom

Average rent

$1,782

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$1,875

Last 30 days

2%

Last year

29%

The table above reflects average rent prices in New Albany, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in New Albany, IN to other cities

Median rent prices in New Albany, IN for all bedroom counts and property types compared to Audubon Park, KY.

New Albany

Median rent price$1,250
decreased by36%

lower than the national median

Median rent price$1,050
decreased by46%

lower than the national median

Takeaway

The median rent for all rentals in New Albany, IN is 19% higher than the median rent in Audubon Park, KY.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Audubon Park

$1,050

N/A

Last year

Clarksville

$1,087

decreased by10%

Last year

Graymoor Devondale

$1,224

decreased by28%

Last year

Indian Hills

$1,181

decreased by70%

Last year

Jeffersonville

$1,420

increased by7%

Last year

Louisville

$1,250

Flat

Last year

Prospect

$2,063

decreased by22%

Last year

Sellersburg

$1,275

increased by7%

Last year

Shively

$962

decreased by4%

Last year

St Matthews

$1,628

decreased by17%

Last year

Watterson Park

$1,068

increased by14%

Last year

West Buechel

$1,050

increased by43%

Last year

Apartments for rent in Charlestown

Discover rentals in New Albany, IN

608 E 8th St #2 - Photo 1 of 1

5d+ ago

House for rent in New Albany

608 East 8th Street - 2

608 E 8th St #2, New Albany, IN 47150

2 beds

1 bath

$850

House for rent

Available Sep 12

Spring Manor Apartments - Photo 1 of 1

5d+ ago

8.4

Very good

Spring Manor Apartments

2227 2227 & 2229 Spring Ave, New Albany, IN 47150

2 beds

1 bath

$875

Apartment for rent

4d ago

8.2

Very good

Wynn Gate Apartments

81A Wynn Gate Ct, New Albany, IN 47150

2 beds

1 bath

$925

Apartment for rent

1940 Center St - Photo 1 of 1

5d+ ago

Condo for rent in New Albany

2 Bedroom 1 Bath

1940 Center St, New Albany, IN 47150

2 beds

1 bath

$995

Condo for rent

Available Aug 27

1508 Beech St #B - Photo 1 of 1

5d+ ago

Apartment for rent in New Albany

Apartment - New Albany, IN

1508 Beech St #B, New Albany, IN 47150

2 beds

1 bath

$1,000

Apartment for rent

615 East 5th Street - Photo 1 of 1

5d+ ago

8.6

Very good

615 East 5th Street

615 E 5th St, New Albany, IN 47150

2 beds

1 bath

$1,050

Apartment for rent

739 W 8th St #2 - Photo 1 of 1

5d+ ago

Condo for rent in New Albany

2 Bedroom 1.5 Bath Duplex

739 W 8th St #2, New Albany, IN 47150

2 beds

1 bath

$1,050

Condo for rent

Available Apr 3

1803 E Market St - Photo 1 of 1

5d+ ago

House for rent in New Albany

House for rent

Available Sep 14