Bedroom count
Property type
Last updated on May 30, 2026
Last updated on May 30, 2026
Bedroom count
Property type
Median rent in New Albany
$1,025/mo
vs previous year
The average rent in New Albany is $1,025 per month as of May 2026. This is 47% below the national average rent, or $925 less per month.
average price per square foot
Available rentals in New Albany
22
for rent on Zumper.com as of May 2026
Share of New Albany rentals at each price point
Average rent prices in New Albany have increased by 6% over the last month and have decreased by 16% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in New Albany vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New Albany is $1,025, whereas a house costs $1,800. 1-bedroom apartments in New Albany run $750 on average, while 2-bedroom apartments are $1,025.
Listings | ||||
|---|---|---|---|---|
Studio | $1,256 | 39% | - | |
1 bedroom | $1,012 | 22% | 27% | |
2 bedroom | $1,025 | 3% | 26% | |
3 bedroom | $1,700 | 3% | 2% | |
4 bedroom | $2,300 | 5% | 8% |
Listings | ||
|---|---|---|
Downtown New Albany | $958 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,025 | 4% | No Change | |
Condos | $890 | 5% | No Change | |
Houses | $1,800 | 6% | No Change |
Studio
Average rent
$1,256
Last 30 days
39%
1 bedroom
Average rent
$1,012
Last 30 days
22%
Last year
27%
2 bedroom
Average rent
$1,025
Last 30 days
3%
Last year
26%
3 bedroom
Average rent
$1,700
Last 30 days
3%
Last year
2%
4 bedroom
Average rent
$2,300
Last 30 days
5%
Last year
8%
Downtown New Albany
Average rent
$958
Apartments
Average rent
$1,025
Last 30 days
4%
Condos
Average rent
$890
Last 30 days
5%
Houses
Average rent
$1,800
Last 30 days
6%
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 median rent prices in New Albany and Audubon Park by all bedroom counts and property types.
New Albany
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in New Albany, IN is 7% lower than the median rent in Audubon Park, KY.
Explore rent trends in neighboring markets
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the New Albany rental market.
The average rent in New Albany is $1,025 per month as of May 30, 2026.
Average rent prices in New Albany have increased by 6% over the last month and have decreased by 16% since last year.
Rent in New Albany is 47% below the national average, which means renters are paying approximately $925 less per month.
To comfortably afford rent in New Albany, you'd need to earn approximately $41,000/year, based on spending no more than 30% of your income on rent.
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.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).