Bedroom count

Property type

Last updated on October 21, 2025

Average rent in
Downtown New Albany, New Albany, IN

Last updated on October 21, 2025

Last updated on October 21, 2025

Bedroom count

Property type

As of October 2025, the median rent for all bedroom counts and property types in Downtown New Albany, New Albany, IN is $1,400. This is -28%, or $545, lower than the national average.

$1.41

average price per square foot

Median rent

$1,400

As of October 2025, we do not have enough inventory to generate median rent for all bedroom counts and property types in Downtown New Albany, New Albany, IN. Please check back soon.

Total rentals

12

for rent on Zumper.com

As of October 2025, the median rent for all bedroom counts and property types in Downtown New Albany, New Albany, IN is $1,400. This is -28%, or $545, lower than the national average.

$1.41

average price per square foot

Rent ranges

61%
39%
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250

Households

80%
20%
Renter-occupied
Owner-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.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Downtown New Albany, New Albany, IN, in the last 30 days, rent estimates may not represent the actual market.

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.

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 $1,250. A 1-bedroom apartment in Downtown New Albany, New Albany, IN costs about $900 on average, while a 2-bedroom apartment is $1,250. Houses for rent in Downtown New Albany, New Albany, IN are more expensive, with an average monthly cost of $1,350.

Comparables

1 bedroom

$999

14%

-

2 bedroom

$1,250

No Change

-

3 bedroom

$1,475

-

-

4 bedroom

$2,000

-

-

Studio

$1,277

No Change

-

Studio

Average rent

$1,277

1 bedroom

Average rent

$999

Last 30 days

14%

2 bedroom

Average rent

$1,250

Last 30 days

No Change

3 bedroom

Average rent

$1,475

4 bedroom

Average rent

$2,000

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

Median rent price$1,400
decreased by28%

lower than the national median

Median rent price$926
decreased by52%

lower than the national median

Takeaway

The median rent for all rentals in Downtown New Albany, New Albany, IN is 51% higher than the median rent in Algonquin, Louisville, 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 neighborhoods

Explore rent trends in other markets

Algonquin

$926

increased by21%

Last year

Central Business District

$1,243

increased by24%

Last year

Cherokee Triangle

$1,250

decreased by26%

Last year

Portland

$935

decreased by11%

Last year

Shawnee

$1,095

decreased by5%

Last year

Shively

$962

decreased by5%

Last year

Apartments for rent in Charlestown

Discover rentals in Downtown New Albany, New Albany, IN

The Lofts on 3rd - Photo 1 of 1

4d ago

8.3

Very good

The Lofts on 3rd

309 E Spring St, New Albany, IN 47150

1–2 beds

1–2 baths

$900–$1,250

Apartment for rent