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 remained the same in the last month and have increased by 6% 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 $1,155. A 1-bedroom apartment in Downtown New Albany, New Albany, IN costs about $1,225 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 $1,815.


1 bedroom	$1,099	14%	10%
2 bedroom	$1,225	No Change	-
3 bedroom	$1,725	-	-
4 bedroom	$1,750	-	-

		Comparables
Algonquin	$1,274
Central Business District	$1,164
Cherokee Triangle	$1,150
Portland	$995
Shawnee	$1,100
Shively	$947


Apartments	$1,155	2%	No Change
Condos	$1,150	1%	-
Houses	$1,815	No Change	No Change

1 bedroom

Average rent

$1,099

Last 30 days

14%

Last year

10%

2 bedroom

Average rent

$1,225

3 bedroom

Average rent

$1,725

4 bedroom

Average rent

$1,750

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$1,215

38%

lower than the national median

Median rent price$1,274

34%

lower than the national median

Takeaway

The median rent for all rentals in Downtown New Albany, New Albany, IN is 5% lower 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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