1. Home

Apartments for rent in New Albany, IN

243 Properties

Local Guide

See what New Albany, IN has to offer.

What Renters Like and Dislike

What Renters Like and Dislike About New Albany

My neighborhood consists of just the one street. People keep to themselves but are friendly. We are within 7 minutes from major groceries and restaurants.

Quiet and I don't go anywhere no car. Makes it hard to get places. No grocery store just empty. The goodwill

It's a mix of people and there's some good food places but could be more around there's not enough different food places and could be more

Quiet, safe neighborhoods , good schoolsls, a country feel even though it's in a suburb area. Close to work, friendly neighbors we look out for each other..

It is safe and convenient. Near transportation and shopping. No apt buildings in neighborhood. Know many people in the neighborhood.

There's just really great stores on every block everything is so close to each other it's like living in the city while living at the suburbs at the same time

Who Lives Here

New Albany Demographics

Education

High School

47%

Associate's

32%

Bachelor's

14%

Master's

7%

Doctorate

1%

Family Size

2 people

51%

3 people

23%

4 people

16%

5 people

8%

6+ people

3%

Household Income

0-50k

50%

50-100k

33%

100-150k

11%

150-200k

4%

200k+

2%

Age

0-10

11%

10-20

13%

20-45

35%

45-65

25%

65+

16%

Affordability

How expensive is it in New Albany?

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Rent Trends

Studio1 Bed2 Beds3 Beds
Feb '24$699$729$899$1437
Jan '24$699$729$899$1437
Dec '23$699$729$899$1422
Nov '23$699$729$899$1422
Oct '23$699$729$899$1363
Sep '23$699$729$920$1368
Aug '23$699$729$920$1399
Jul '23$699$729$959$1362
Jun '23$699$729$952$1348
May '23$699$729$859$1371
Apr '23$699$729$891$1363
Mar '23$699$729$922$1354
Feb '23$699$729$953$1345

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Getting Around New Albany

New Albany Transportation

Commute Time

0-15 Mins

31%

15-30 Mins

43%

30-40 Mins

18%

40-60 Mins

6%

60+ Mins

2%

Transportation Scores

Percentage: 4141

Walk Score®

Walkable

No

Say 8 of 13 renters

Has Sidewalks

Yes

Say 7 of 13 renters

Percentage: 4343

Bike Score®

Bike Friendly

Yes

Say 7 of 13 renters

What Renters Are Saying

New Albany Features

Noise Late At Night

No

Say 10 of 13 renters

Near Grocery Stores

Yes

Say 10 of 13 renters

Near Schools

Yes

Say 9 of 13 renters

Area Has Litter

No

Say 8 of 13 renters

Good Place To Raise A Family

Yes

Say 8 of 13 renters

Busy Streets

Yes

Say 7 of 13 renters

Area Has Kids Play Outside

No

Say 7 of 13 renters

Near Downtown

No

Say 7 of 13 renters

Pet Friendly

No

Say 7 of 13 renters

Area Has Potholes

Yes

Say 7 of 13 renters

Mostly Older Buildings

Yes

Say 8 of 13 renters

Near Highways

No

Say 8 of 13 renters

Quiet Area

No

Say 8 of 13 renters

Nearby Parks

No

Say 9 of 13 renters

Safe For Families

No

Say 10 of 13 renters

Tree Lined Streets

No

Say 10 of 13 renters

Well Lit

No

Say 11 of 13 renters

Maintained Yards

No

Say 11 of 13 renters

Mostly Newer Buildings

No

Say 13 of 13 renters

Nice Views

No

Say 13 of 13 renters

New Albany Education

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in New Albany

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

What You Need to Know

Renter Articles

All About

Living in New Albany, IN

New Albany is a town in Indiana with just under 37,000 residents. The city's population, with an average age of just over 39, is fairly typical compared to other municipalities in the state, which has an average age of 37. Renters tend to be in the minority in the city, and 57% of residents own their homes. With a relatively low average rent of $724/month in the city, renting remains an affordable option, particularly compared to other cities in Indiana. Each month, renters in New Albany will pay around $104 less compared to the state average.

Compared to the national average, New Albany has a relatively high number of residents older than 25 who have a high school degree or GED (22%). Additionally, 9% have earned a Bachelor's degree and 4% possess a Master's or Doctoral degree. There are four primary industries in New Albany: healthcare, manufacturing, retail, and entertainment. Together, these industries account for 29% of the labor force in the city. Meanwhile, looking at job function, many residents work in sales, making it the top career path in the city. New Albany workers take home an average annual income of just under $56,000, about $6,000 less than their peers elsewhere in the state. The city's average income also falls below the national average of $73,345.

Averaging about 22 minutes, the commute time for New Albany residents outperforms the state average of about 24 minutes. Driving is the prevailing means of commuting to work, opted for by 45% of commuters, while public transportation is not used widely. Walking isn't a common way to get to work.

Find Apartments in Nearby Neighborhoods