Bedroom count
Property type
Last updated on January 20, 2026
Average rent in
Downtown New Albany, New Albany, IN
Last updated on January 20, 2026
Last updated on January 20, 2026
Bedroom count
Property type
As of January 2026, the median rent for all bedroom counts and property types in Downtown New Albany, New Albany, IN is $1,199. This is -37%, or $701, lower than the national average.
average price per square foot
Median rent
$1,199
12%Total rentals
20
for rent on Zumper.com
As of January 2026, the median rent for all bedroom counts and property types in Downtown New Albany, New Albany, IN is $1,199. This is -37%, or $701, lower than the national average.
average price per square foot
Rent ranges
Households
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
Downtown New Albany, New Albany, IN
Rent price trends
Rent prices for all bedroom counts and property types in Downtown New Albany, New Albany, IN have remained the same in the last month and have decreased by 12% in the last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent comparables in
Downtown New Albany, New Albany, IN
The monthly rent for an apartment in Downtown New Albany, New Albany, IN is $1,125. A 1-bedroom apartment in Downtown New Albany, New Albany, IN costs about $919 on average, while a 2-bedroom apartment is $1,195. Houses for rent in Downtown New Albany, New Albany, IN are more expensive, with an average monthly cost of $1,702.
Comparables | ||||
|---|---|---|---|---|
1 bedroom | $895 |  16% | - | |
2 bedroom | $1,099 | 2% | 18% | |
3 bedroom | $1,850 | - | - | |
4 bedroom | $1,850 | - | - |
Comparables | ||
|---|---|---|
Algonquin | $1,075 | |
Central Business District | $1,131 | |
Cherokee Triangle | $1,485 | |
Portland | $1,125 | |
Shawnee | $1,095 | |
Shively | $1,022 |
Comparables | ||||
|---|---|---|---|---|
Apartments | $1,125 | 2% | No Change | |
Condos | $995 | 1% | - | |
Houses | $1,702 | No Change | No Change |
1 bedroom
Average rent
$895
Last 30 days
16%
2 bedroom
Average rent
$1,099
Last 30 days
2%
Last year
18%
3 bedroom
Average rent
$1,850
4 bedroom
Average rent
$1,850
Algonquin
Average rent
$1,075
Central Business District
Average rent
$1,131
Cherokee Triangle
Average rent
$1,485
Portland
Average rent
$1,125
Shawnee
Average rent
$1,095
Shively
Average rent
$1,022
Apartments
Average rent
$1,125
Last 30 days
2%
Condos
Average rent
$995
Last 30 days
1%
Houses
Average rent
$1,702
The table above reflects average rent prices in Downtown New Albany, 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 Downtown New Albany, New Albany, IN to other neighborhoods
Median rent prices in Downtown New Albany, New Albany, IN for all bedroom counts and property types compared to Algonquin, Louisville, KY.
Downtown New Albany
37%lower than the national median
43%lower than the national median
Takeaway
The median rent for all rentals in Downtown New Albany, New Albany, IN is 12% higher than the median rent in Algonquin, Louisville, KY.
More data insights and reports
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Average rent in
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Discover rentals in Downtown New Albany, New Albany, IN
1d ago
309 E Spring St, New Albany, IN 47150
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1d ago
309 E Spring St, New Albany, IN 47150
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1d ago
309 E Spring St, New Albany, IN 47150
2 beds
2 baths
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Apartment for rent
1d ago
309 E Spring St, New Albany, IN 47150
2 beds
2 baths
$1,250
Apartment for rent