Average Rent in Downtown New Albany, New Albany, IN and Rent Price Trends

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 increased by 6% in the last month and have increased by 9% 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 $1,160. A 1-bedroom apartment in Downtown New Albany, New Albany, IN costs about $1,055 on average, while a 2-bedroom apartment is $1,300. Houses for rent in Downtown New Albany, New Albany, IN are more expensive, with an average monthly cost of $1,397.


1 bedroom	$1,100	16%	20%
2 bedroom	$1,295	5%	18%
3 bedroom	$1,650	-	-
4 bedroom	$1,850	-	-

		Comparables
Algonquin	$999
Central Business District	$1,226
Cherokee Triangle	$1,350
Portland	$950
Shawnee	$1,160
Shively	$1,025


Apartments	$1,160	10%	No Change
Condos	$1,110	1%	-
Houses	$1,397	No Change	No Change

1 bedroom

Average rent

$1,100

Last 30 days

16%

Last year

20%

2 bedroom

Average rent

$1,295

Last 30 days

Last year

18%

3 bedroom

Average rent

$1,650

4 bedroom

Average rent

$1,850

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$1,310

32%

lower than the national median

Median rent price$999

48%

lower than the national median

Takeaway

The median rent for all rentals in Downtown New Albany, New Albany, IN is 31% higher than the median rent in Algonquin, Louisville, KY.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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