166

New Albany, IN Homes for Rent

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  • /19

    Starting at $995 Per Month

    • 2 Beds

    4719 Grant Line Rd, New Albany, IN 47150

    Luxury Living and Exceptional Service in New AlbanyAt Silver Creek Commons, luxury meets exceptional service. Our professionally managed community and dedicated team ensure your apartment feels like home from day one. This 216-unit luxury apartment community sits along the northern banks of the Ohio River with easy access to I-64, offering modern features and spacious floor plans complete

    Silver Creek Commons East & West

    4719 Grant Line Rd, New Albany, IN 47150
  • /83

    Starting at $849 Per Month

    • 1 - 2 Beds

    940 University Woods Dr, New Albany, IN 47150

    Welcome Home to The Monroe!

    The Monroe

    940 University Woods Dr, New Albany, IN 47150
  • /12

    Starting at $1,155 Per Month

    • 1 - 3 Beds

    1429 Slate Run Rd, New Albany, IN 47150

    Discover the perfect balance of expansive living and modern comfort at Lochwood Apartments, where we offer some of the most generous floor plans in New Albany. Our newly renovated two-bedroom garden apartments and townhomes boast an incredible 1,500 square feet of space far exceeding the market average at a value-driven price point that truly stands out. Each home is designed with your lifestyle

    Lochwood

    1429 Slate Run Rd, New Albany, IN 47150
  • /41

    Starting at $1,250 Per Month

    • 2 - 3 Beds

    718 Academy Dr, New Albany, IN 47150

    Academy Park Apartments is now leasing in charming New Albany. Located close to Academy School, IU Southeast, and Purdue College of Technology. Our community is only minutes from I-64 and I-265, making your commute easier. We offer two and three bedroom apartments with 2 full baths. We are proudly managed by Clover Properties.

    Academy Park Apartments

    718 Academy Dr, New Albany, IN 47150
  • /35

    Starting at $719 Per Month

    • Studio - 2 Beds

    1810 Graybrook Ln, New Albany, IN 47150

    Brookview Glen Apartments located in New Albany, Indiana has studio, one- and two-bedroom apartments for rent. Brookview Glen Apartments is designed to accommodate the needs of active adults 55 and older. Our homes feature air conditioning, carpet, fully equipped kitchens, washer and dryer connections, and ceiling fans. Our pet-friendly community features a community room, salon, library, and

    Brookview Glen

    1810 Graybrook Ln, New Albany, IN 47150
  • /26

    Starting at $1,050 Per Month

    • 1 - 2 Beds

    200 Arbor Place, New Albany, IN 47150

    Give yourself the Royal Treatment when you rent a one or two bedroom at Arbor Place. Each apartment has been decorated with care and good taste in which you will find yourself feeling right at home. Several floor plans offered. Attractive landscaped grounds and well kept facilities accentuate its beauty and desirability.Application fee: $50 and $75 married

    Arbor Place Apartments

    200 Arbor Place, New Albany, IN 47150
  • /50

    Starting at $1,155 Per Month

    • Studio - 2 Beds

    411 E Spring St, New Albany, IN 47150

    Featuring 197 luxury studios, one and two-bedroom apartments, 1,650 square feet of retail space, and high-end amenities, The Breakwater is the first mixed-use, a luxury apartment community in downtown New Albany. Located on East Spring Street at the site of the former Coyle Chevrolet property, The Breakwater residents enjoy Upscale, Resort-Style Amenities, including a Heated-Salt Water Luxury

    The Breakwater

    411 E Spring St, New Albany, IN 47150
  • /50

    Starting at $1,200 Per Month

    • 1 - 3 Beds

    2406 Green Valley Rd, New Albany, IN 47150

    If you are looking for an upscale luxury home apartment with great accessibility to the interstate and other close-by amenities, then the Villas at Green Valley are for you! You will love the Open Floor Plan, Abundance of Storage, Huge Kitchen Island, Eat-In Nook, Granite Countertops, Stainless Steel Appliances and a Private Covered Patio! Our 1, 2 and 3 bedroom floorplans offer 9' ceilings and

    Villas at Green Valley

    2406 Green Valley Rd, New Albany, IN 47150
  • /13

    Starting at $1,165 Per Month

    • 2 Beds

    4123-4127 Klerner Ln, New Albany, IN 47150

    Klerner Lane Apartments

    4123-4127 Klerner Ln, New Albany, IN 47150
  • /23

    Starting at $1,145 Per Month

    • 2 Beds

    4231 Mel Smith Rd, New Albany, IN 47150

    Listed this 2-bedroom 1-bathroom two story townhouse apartment located close to the Walmart comes with new LVP flooring and paint throughout first floor, a sliding glass door leading to a private second story deck perfect for entertaining, shared coined laundry in building, plenty of off-street parking, central A/C, dishwasher, microwave with oven and fridge included. Tenant pays electric through

    Adelyn Apartments

    4231 Mel Smith Rd, New Albany, IN 47150
  • /50

    Starting at $1,040 Per Month

    • 1 - 3 Beds

    600 Country Club Dr, New Albany, IN 47150

    Welcome to Sheffield Square Apartments! Conveniently located in the heart of New Albany, Indiana, near Binford Park and New Albany Golf Course, you will be close to everything you need but nestled away in a quiet community. You will find your new perfect place with 9 different options of flats and townhomes to choose from. Massive square footages, beautiful renovations, and unique amenities are

    Sheffield Square

    600 Country Club Dr, New Albany, IN 47150
  • /21

    Starting at $830 Per Month

    • 1 - 3 Beds

    2313 Grant Line Rd, New Albany, IN 47150

    Huntley Ridge New Albany Apartments provides a wonderful selection of spacious 1, 2 & 3 bedroom apartments tucked away in New Albany, IN. Our landscaped grounds offer plenty of options for you, your family, and your pets to enjoy the fresh air.Living in an apartment that is on Grant Line Road grants you easy access to I-64 and I-265 to commute to their needed destinations. Downtown Louisville is

    Huntley Ridge New Albany

    2313 Grant Line Rd, New Albany, IN 47150
  • /19

    Starting at $681 Per Month

    • 1 - 3 Beds

    200 Village Dr W, New Albany, IN 47150

    Valley Ridge

    200 Village Dr W, New Albany, IN 47150
  • /35

    Starting at $739 Per Month

    • 1 - 3 Beds

    2702 Paoli Pike, New Albany, IN 47150

    Welcome to Knobs Pointe, your dream community where comfort, leisure, and entertainment are designed with your lifestyle in mind. With a prime location and an array of amenities, our pet-friendly apartments in New Albany, Indiana, have everything you need to feel right at home.Whether you choose a one, two, or three-bedroom apartment, youll benefit from a host of convenient features and services

    Knobs Pointe Apartments

    2702 Paoli Pike, New Albany, IN 47150
  • /35

    Starting at $1,000

    Total Monthly Price

    • 2 Beds

    3206 Plaza Dr, New Albany, IN 47150

    Our modern and spacious apartment homes are the affordable luxury you have been waiting for! These apartments have the look and feel of private homes. Plaza Square is conveniently located in New Albany, minutes from Louisville and steps away from Mt. Tabor schools. This is a community you will be proud to call home!

    Plaza Square Apartments

    3206 Plaza Dr, New Albany, IN 47150
  • /12

    $1,399 Per Month

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • House for Rent

    201 Black Pine Blvd, New Albany, IN 47150

    Spacious 3 bedroom 2 and one half bath home now available in The Pines. This large home offers plenty of room to spread out with a comfortable layout that is perfect for everyday living. Enjoy relaxing or entertaining on the large enclosed back deck and covered patio. Situated on a desirable corner lot, this home offers added outdoor space and great curb appeal. Opportunities like this do not

    201 Black Pine Blvd, New Albany, IN 47150
  • /6

    Starting at $795 Per Month

    • 1 - 2 Beds

    1808 Bono Rd, New Albany, IN 47150

    Gaslight Square Apartments

    1808 Bono Rd, New Albany, IN 47150
  • /9

    Starting at $765 Per Month

    • Studio - 2 Beds

    1612 Dewey St, New Albany, IN 47150

    Welcome home to Maple Grove Apartments! Offering totally remodeled studio, 1, and 2-bedroom apartment homes in a QUIET NEIGHBORHOOD near all the happenings in downtown New Albany and close to the Sherman Minton bridge and all the great shopping, dining, and entertainment that New Albany and Clarksville have to offer. Some of our features include:- Washer and dryer hook-ups - Energy

    Maple Grove Apartments

    1612 Dewey St, New Albany, IN 47150
  • /20

    Starting at $795 Per Month

    • 1 - 2 Beds

    2741 Charlestown Rd, New Albany, IN 47150

    Welcome home to Locust Grove Apartments! Conveniently located on Charlestown Road, just down from I-265 and minutes from great shopping including Kohl's, Kroger, Meijer, and more, restaurants, coffee shops, and more. Our peaceful community offers you the maintenance free lifestyle you deserve - from our courtyard with grilling stations to our 24/7 private resident laundry center with high

    Locust Grove Apartments

    2741 Charlestown Rd, New Albany, IN 47150
  • /4

    Starting at $775 Per Month

    • 1 - 2 Beds

    2615-2715 Green Valley Rd, New Albany, IN 47150

    Great location. Scenic atmosphere with several trees that make you feel like you're in the country. Some units are newly remodeled. Some units are flats so no one is above you or below you. Let us help show you your new home. Ask about our newly remodeled units!

    Stone Creek Apartments I & II

    2615-2715 Green Valley Rd, New Albany, IN 47150
  • /20

    Starting at $889 Per Month

    • Studio - 2 Beds

    1 Plaza Dr, New Albany, IN 47150

    Welcome to Willow Run. Our apartments in New Albany, IN near Indiana University Southeast are located within five minutes of I-265, I-264 & I-64, shopping and restaurants. Major employers in the area are Baptist Health Floyd & Indiana University Southeast. We offer many flexible lease terms for our Studio, 1 & 2 bedroom apartments to suit your needs and our location is ideal for student

    Willow Run

    1 Plaza Dr, New Albany, IN 47150
  • /11

    Starting at $765 Per Month

    • 1 - 2 Beds

    905 E Elm St, New Albany, IN 47150

    Welcome Home to Elm Grove Apartments! Our newly renovated studio, 1-bedroom garden and 2-bedroom townhomes are located in the heart of downtown New Albany, walking distance to all the great shopping, dining, and entertainment that New Albany offers and minutes from the Sherman Minton bridge. Our open floor plan designs feature:- Energy efficient appliances including refrigerator,

    Elm Grove Apartments

    905 E Elm St, New Albany, IN 47150
  • /15

    $1,965 Per Month

    • 3 Beds
    • 2 Baths
    • 1,284 Sq Ft
    • House for Rent

    3611 Gray Fox Dr, New Albany, IN 47150

    Beautiful, pet-friendly home coming soon! Apply now, Move-In is available on or after the listed date. Upon approval, $500 reservation deposit to reserve (applied to security deposit and/or refundable). Application fee: $55 per adult. Security Deposit: one month?s rent. Pet fees: $250 + $40/mo per pet. Some homes may include pool ($150/mo), septic ($15/mo), and/or HOA fees; other fees may apply.

    3611 Gray Fox Dr, New Albany, IN 47150
  • /14

    $850 Per Month

    • 1 Bed
    • 1 Bath
    • 675 Sq Ft
    • Condo for Rent

    1742 E Elm St Unit 2, New Albany, IN 47150

    Property Id: 1197690 Welcome to your new apartment! Private one bedroom apartment on Elm Street close to downtown New Albany and New Albany High School! This privately managed duplex has in unit washer and dryer, new laminate flooring, plenty of closet space, appliances, fenced in yard and two parking spaces off street. Modern touches and vintage charm meet in this efficient living space

    1742 E Elm St Unit 2, New Albany, IN 47150
  • /16

    $1,450 Per Month

    • 3 Beds
    • 1 Bath
    • 1,063 Sq Ft
    • House for Rent

    1813 E Elm St, New Albany, IN 47150

    Property Id: 1197337 This charming 3 bedroom, 1 bathroom single-family home features new floors throughout and a remodeled eat-in kitchen. The backyard is partially fenced with a small patio perfect for grilling out. A 2-car garage on the property is available for the tenant's use. This pet-friendly property is perfect for you and your furry friends. There is nothing not to love

    1813 E Elm St, New Albany, IN 47150
  • /20

    $1,072 Per Month

    • 2 Beds
    • 1 Bath
    • 812 Sq Ft
    • House for Rent

    1426 Chartres St, New Albany, IN 47150

    Step into this newly-remodeled and refreshed 2-bedroom, 1-bath home on Chartres St.We are pet-friendly! Your dogs and cats are welcome at 1426 Chartres Street.This home boasts recent upgrades, creating a modern and welcoming feel. You'll find essential amenities like whole-home Air Conditioning, a refrigerator, washer/dryer hookups, and a well-equipped kitchen featuring a

    1426 Chartres St, New Albany, IN 47150
  • /15

    $1,186 Per Month

    • 2 Beds
    • 2 Baths
    • 952 Sq Ft
    • House for Rent

    1727 Klerner Ln, New Albany, IN 47150

    Check out this newly upgraded 2-bedroom, 2-bath home on Klerner Ln.We are pet-friendly! Your dogs and cats are welcome at 1727 Klerner Lane.This home provides a contemporary living experience thanks to recent upgrades. Enjoy the convenience of whole-home Air Conditioning, washer/dryer connections, and a full suite of kitchen appliances including a an electric stove and oven, and a

    1727 Klerner Ln, New Albany, IN 47150
  • /20

    $1,095 Per Month

    • 2 Beds
    • 1 Bath
    • 1,034 Sq Ft
    • House for Rent

    630 W 8th St, New Albany, IN 47150

    Step into this newly-remodeled and refreshed 2-bedroom, 1-bath home on W 8th St.We are pet-friendly! Your dogs and cats are welcome at 630 West 8th Street.This home's recent remodel creates a contemporary and pleasant atmosphere. It's equipped with modern necessities such as whole-home Air Conditioning, sits on a private lot range, a Dishwasher, a refrigerator, and washer/dryer

    630 W 8th St, New Albany, IN 47150
  • /9

    $725 Per Month

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • House for Rent

    1940 Center St, New Albany, IN 47150

    Property Id: 1173082 Looking for a unique and stylish place to call home? Check out our 1 bedroom apartment. This apartment is perfect for anyone looking for a modern and comfortable living space. The location can't be beat - you'll be close to local shopping in downtown New Albany, and only 5 mins to Louisville. Plus, easy access to public transportation and major highways, getting

    1940 Center St, New Albany, IN 47150
  • /19

    $1,099 Per Month

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft
    • House for Rent

    1307 E Market St, New Albany, IN 47150

    Property Id: 2444759 One Month Free Rent!!!! Charming and updated 2 bedroom, 1 bathroom home for rent offering comfortable living and a convenient layout. Inside you’ll find fresh neutral paint, durable plank flooring, and bright living spaces that make the home feel clean and welcoming. The living room flows easily into the rest of the home, with a hallway leading to the bedrooms and

    1307 E Market St, New Albany, IN 47150
  • /20

    $1,113 Per Month

    • 3 Beds
    • 1 Bath
    • 980 Sq Ft
    • House for Rent

    3812 St Joseph Rd, New Albany, IN 47150

    Tour this charmingly refreshed 3-bedroom, 1-bath home on St Joseph Rd.We are pet-friendly! Your dogs and cats are welcome at 3812 Saint Joseph Road.With recent updates, this property offers an inviting, up-to-date living space. Key features include whole-home Air Conditioning, a refrigerator, and washer/dryer connections. The kitchen is fully equipped with an electric Stove and

    3812 St Joseph Rd, New Albany, IN 47150
  • /23

    $925 - $950

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • Condo for Rent

    818 E Elm St, New Albany, IN 47150

    Welcome to 818 E Elm Street! Totally renovated historic home in downtown New Albany, featuring a main floor 1 bedroom apartment. All apartments have custom tile tub/shower, luxury vinyl plank flooring, new appliances, granite countertops and new kitchen cabinets.Located within walking distance of all the restaurants, shops, YMCA and more!Residents pay for electric, water and

    818 E Elm St, New Albany, IN 47150
  • /4

    $1,750

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,150 Sq Ft
    • House for Rent

    119 Wellington Dr, New Albany, IN 47150

    Family friendly neighborhood in prime location. 3 bed , 1.5 bath, 1,200 sq ft, large fenced yard, 1 car attached garage, turf and patio, shed. No pets or smoking of any kind. Utilities and lawn are tenants responsibility.

    119 Wellington Dr, New Albany, IN 47150
  • /23

    $925 - $950

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • Condo for Rent

    818 E Elm St, New Albany, IN 47150

    Welcome to 818 E Elm Street! Totally renovated historic home in downtown New Albany, featuring a main floor 1 bedroom apartment. All apartments have custom tile tub/shower, luxury vinyl plank flooring, new appliances, granite countertops and new kitchen cabinets.Located within walking distance of all the restaurants, shops, YMCA and more!Residents pay for electric, water and

    818 E Elm St, New Albany, IN 47150
  • /9

    $1,395 Per Month

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    520 Culbertson Ave Unit B, New Albany, IN 47150

    New Albany 3 bedroom, 2 bath townhome. Discover the perfect blend of comfort and modern living in this beautifully updated townhome. Ideally situated in the vibrant community. The entire home has been freshly painted, creating a bright and inviting atmosphere. The kitchen has been fully upgraded with new cabinets, countertops, sink, faucets, and appliances, offering a contemporary space for

    Brian Stocker Property Management of Louisville LLC

    520 Culbertson Ave Unit B, New Albany, IN 47150
  • /13

    $1,400 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,152 Sq Ft
    • Townhouse for Rent

    4948 Grant Line Rd, New Albany, IN 47150

    New Construction Townhomes in New Albany, Indiana!These newly constructed townhomes are conveniently located on Grant Line Road. The first floor features an open floor plan with stunning granite countertops, perfect for modern living and entertaining, while the second floor includes three spacious bedrooms, providing privacy and comfort. The contemporary design is complemented by an array

    4948 Grant Line Rd, New Albany, IN 47150
  • /11

    $1,195 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    80 E 13th St Unit 2, New Albany, IN 47150

    This newly constructed 2-bedroom, 1.5-bath two-story townhouse in New Albany stands out from the start — finished decorative concrete floors on the main level, granite countertops in the kitchen, and a layout that actually makes sense. Main floor has your living area and kitchen, upstairs has both bedrooms and a full bath. Spacious shared front porch, central A/C, plenty of off-street parking,

    Brian Stocker Property Management of Louisville LLC

    80 E 13th St Unit 2, New Albany, IN 47150
  • /16

    $1,700 Per Month

    • 3 Beds
    • 1 Bath
    • 1,710 Sq Ft
    • Townhouse for Rent

    1603 E Oak St, New Albany, IN 47150

    Discover 1603 E Oak St Unit 1 in New Albany, IN — a spacious, well-maintained duplex offering practical comforts and convenient extras. The unit features very large rooms, original hardwood floors, large living room, new windows, fresh paint, a gas stove, large utility room, lots of storage, and in-unit washer and dryer for everyday ease. The backyard provides an inviting space for gatherings,

    1603 E Oak St, New Albany, IN 47150
  • /2

    $775 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Apartment for Rent

    1201 Dewey St Unit 3, New Albany, IN 47150

    1 bedroom/1 bathroom apartment for rent off of E Main St. In the historic Mansion District of New Albany. Tenant pays gas & electric. Landlord pays water, sewer and trash. Laundry is located in the basement for all tentans to use. No pets.

    Reed Martin RE/MAX FIRST

    1201 Dewey St Unit 3, New Albany, IN 47150
  • /2

    $1,600 Per Month

    • 3 Beds
    • 1 Bath
    • 1,600 Sq Ft
    • House for Rent

    1834 Culbertson Ave, New Albany, IN 47150

    This newly updated home is located in a quiet and charming part of New Albany.This home boasts a large great room with vaulted ceilings and a large eat-in kitchen with new stainless steel appliances. It has three bedrooms and one bathroom. Located upstairs are two large bonus rooms, great for a home office, playroom, or gaming room.Enjoy a nice backyard for outdoor

    1834 Culbertson Ave, New Albany, IN 47150

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Why Live in New Albany

New Albany, Indiana, is a historic community established in 1813 along the Ohio River, just minutes from Louisville, Kentucky. The city features a vibrant downtown with boutique shops, diverse dining options, and a growing artistic scene. Residents enjoy trendy spots like Agave & Rye for mix-and-match tacos and The Exchange Pub & Kitchen for farm-to-table dining. The High Dive offers a speakeasy-style bar experience, while Seeds and Greens Natural Market and Deli provides health-conscious grocery options. Housing in New Albany ranges from suburban-style cottages to vintage Craftsman homes and large Victorian estates, with affordable prices attracting many families. The city is home to top-rated New Albany Floyd County Schools, serving over 11,000 students. Indiana University Southeast and Purdue Polytechnic New Albany offer higher education opportunities. New Albany celebrates its history with attractions like the Second Baptist Church, a key site on the Underground Railroad, and hosts events like the Harvest Homecoming festival. The city boasts 17 parks, including Riverfront Park and Loop Island Wetlands, providing ample things to do outdoors. Despite colder winters and the need for flood insurance in some areas, New Albany maintains a flood wall for protection. The city is safer than the national average for violent crimes, with ongoing efforts to reduce crime further. Convenient transportation options include Interstates 64 and 265, TARC bus routes, and proximity to Louisville International Airport, making commuting easy.

Frequently Asked Questions

How much does it cost to rent a home in New Albany, IN?
The median rent for a home in New Albany, IN is $1,106 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in New Albany, IN?
To comfortably afford the median rent in New Albany, IN, a household needs to earn roughly $44,240 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,106 per month in New Albany, IN, renters typically need to show $3,318 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New Albany, IN?
In New Albany, IN, the price-to-rent ratio is 18.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in New Albany, IN are best for renting a home?
The best neighborhood for renting in New Albany, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Portland, Shawnee, Chickasaw, Russell and Parkland, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
49
Median Rent
$1,106
Median Single Family Home Rent
$1,168
Median Townhouse Rent
$1,125
Median Condo Rent
$950
How to Rent a Home