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Homes for Rent in New Albany, IN

1-18 of 18 rentals

Apartment for rent at 4737 Grant Line Rd, New Albany, IN 47150

Updated - yesterday

Managed by StoneCrest II Apartments

$1,325

Apartment2 Beds2 Baths923 ft²

4737 Grant Line Rd

New Albany, IN 47150

Welcome to 4737 Grant Line Rd, presented by StoneCrest Ii Apartments. We have several units available for lease. For more information and to schedule a showing, please contact us. Dishwasher, Pool, Washer & Dryer Hook-up, Fitness Center, Dog Park, Clubhouse, Microwave, Stove, Refrigerator, Patio, Balcony, Playground, on Bus Line, On-Site Management & Walk In Closet. Pet Friendly.

Updated - yesterday

Managed by Stonecrest Apartments

$1,125 - $1,325

Apartment2 Beds2 Baths923-1,020 ft²

4737 Grantline Rd

New Albany, IN 47150

A few miles from the big city, but close enough to enjoy it without missing a thing. This is what you will find at the Brand New Stonecrest Apartments. Endless Amenities: Brand New Units, Pool, Playground, Clubhouse, Dog Bark Park And Fitness Center. This 144 unit luxury apartment community sits along the northern banks of the Ohio River with easy access to I-64. You'll love the modern features and roomy living spaces you'll find at Stonecrest Apartments. Stonecrest Apartments is a professionally managed community with 24-hour maintenance and an on-site office.

Featured

Managed by LREI

$850

Apartment2 Beds1 Bath720 ft²

216 E 13th St #3

New Albany, IN 47150

This newly renovated spacious 2 Bedroom, 1-bathroom apartment in Historic New Albany won't last long. Freshly painted throughout, this cozy beauty includes new windows, a new stove and brand new flooring and is very close to Culbertson Mansion and downtown New Albany. Also easy access to Clarksville shopping and dining venues, I-64 and I-65 and downtown Louisville. Pet Restrictions: No Pets. Smoking: No smoking is allowed inside the premises. Ensure that you have all the required documents handy and ready to attach to the application. Pay the Application Fee with a credit or debit card. Application, Lease Terms and Fees.

New - this week

Managed by GC Property Services

$1,100

Apartment2 Beds1 Bath962 ft²

1603 E Oak St 2

New Albany, IN 47150

Unit 2 of 1603 E Oak St is the second floor of a beautiful, historical duplex, with versatility. It can either be a 2 bed or a 1 bed with an office. Features include a large living room, 1 large bedroom, fresh paint, historic trim and the backyard which provides an inviting space for gatherings, a fenced in yard. There is also a shed with a 1st and 2nd floor, which can be split or shared with the unit 1 tenant. Located near downtown New Albany, this home offers convenient access to great restaurants, shopping and the area's historic charm.

Featured

Managed by Ethan Ammon

$1,400

Townhouse3 Beds1.5 Baths1,152 ft²

4938 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 of essential appliances, including a refrigerator, range and dishwasher, making meal preparation a breeze. Enjoy the efficiency of washer and dryer hookups, allowing for easy laundry days without leaving the comfort of home.

Featured

Managed by Ethan Ammon

$1,400

Townhouse3 Beds1.5 Baths1,152 ft²

4934 Grant Line Rd

New Albany, IN 47150

Updated - yesterday

Managed by GC Property Services

$1,800

House3 Beds2 Baths1,445 ft²

1500 E Market St

New Albany, IN 47150

Beautiful newly refurbished 3 bed, 1.5 bath home near historic main street and downtown New Albany. Updates include fresh paint throughout, new Lvp flooring, newly installed cabinets/countertops, new microwave, washer and dryer and new light fixtures, faucets and door hardware. Interior has some historical features as well with 12 foot ceilings and original fireplace. Additional storage space in the utility room and cellar. Outside is nice large covered front porch, back parking space big enough for 3 vehicles and a storage area for lawn equipment. Great location, 4 minutes to downtown New Albany and 13 minutes to downtown Louisville.

Featured

Managed by LREI

$1,275

Apartment3 Beds1 Bath1,100 ft²

1747 E Oak St #1

New Albany, IN 47150

Great location near downtown New Albany. This 3 bedroom/1 bath home provides plenty of space. Pet Restrictions: Tbd. Smoking: No smoking is allowed inside the premises. Ensure that you have all the required documents handy and ready to attach to the application. Pay the Application Fee with a credit or debit card. Application, Lease Terms and Fees. Hold FEE/EARNEST Money: Equals one month's rent and it is due within 24 hours of the application being accepted. Application Fee: Non-Refundable, $40/adult. Application Turnaround Time: 3-5 business days with a completed application. Lease Length: 2 years / 24 months.

Updated - yesterday

Managed by Six Degrees Real Estate

$1,100

Apartment2 Beds1.5 Baths1,000 ft²

809 E Oak St

New Albany, IN 47150

Welcome to 809 E Oak St, presented by Six Degrees Real Estate. We have several units available for lease. For more information and to schedule a showing, please contact us. Washer/Dryer Hook-ups, Stove, Refrigerator, Private Parking, Water, Sewer & Trash. Pet Friendly.

Updated - 2 days ago

Managed by Berkshire Hathaway HomeServices Parks & Weisberg

$1,150 - $1,350

Apartment1-2 Beds1-2 Baths617-1,005 ft²

309 E Spring St

New Albany, IN 47150

Welcome to Lofts on 3rd, presented by Berkshire Hathaway HomeServices Parks & Weisberg, Realtors. We have several units available for lease. For more information and to schedule a showing, please contact us. Refrigerator, Glass top stove & Dishwasher and Microwave.

Featured

Managed by LREI

$1,600

House3 Beds1.5 Baths1,075 ft²

311 Ealy St

New Albany, IN 47150

Charming 3-bedroom, 1-bathroom home in the heart of New Albany. This home has new wood flooring throughout, fresh paint, new kitchen cabinets and more. This home also has a large backyard great for entertaining guests. Pet Restrictions: Pets Welcome. Smoking: No smoking is allowed inside the premises. Ensure that you have all the required documents handy and ready to attach to the application. Pay the Application Fee with a credit or debit card. Application, Lease Terms and Fees. Hold FEE/EARNEST Money: Equals one month's rent and it is due within 24 hours of the application being accepted.

Featured

Managed by Ethan Ammon

$1,400

Townhouse3 Beds1.5 Baths1,152 ft²

4930 Grant Line Rd

New Albany, IN 47150

New - this week

Managed by Main Street 24

$1,395

Apartment2 Beds2 Baths1,058 ft²

1601 E Main St

New Albany, IN 47150

Welcome to Marvin Gardens on Main, presented by Main Street 24. We have several units available for lease. For more information and to schedule a showing, please contact us.

Updated - 3 days ago

Managed by LREI

$795

Apartment1 Bed1 Bath700 ft²

1002 E Main St #1

New Albany, IN 47150

Ground Floor 2 Bed/1 Bath Apartment in the Heart of New Albany - Only $795/month. Welcome to 1002 E Main St - Unit 1, a freshly updated 2 bedroom, 1 bathroom ground-floor apartment located in the heart of New Albany, IN. This comfortable unit offers convenient ground-level access with no stairs, making it ideal for easy living. You'll enjoy a spacious layout, fresh paint and clean finishes throughout. Located near downtown, shopping and dining, this apartment offers great value and location. Key Features: 2 spacious bedrooms and 1 full bathroom. Ground-floor unit - no stairs. Updated interior with fresh paint.

Featured

Managed by Main Street Renewal

$1,745

House4 Beds2 Baths1,225 ft²

2508 Larkwood Dr

New Albany, IN 47150

Welcome to your dream home. Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing or gardening. Take advantage of the incredible location, nestled in a great neighborhood with access to schools, parks, dining and more. Don't miss a chance to make this house your next home.

Featured

Managed by Vista Properties

$1,300

House2 Beds1 Bath900 ft²

1740 E Market St

New Albany, IN 47150

Very nice 2 bedroom, 1 bath home located on a corner lot in New Albany. Spacious bedrooms, ceiling fans, with central heating and air. Your kitchen comes supplied with your refrigerator, stove and microwave. Plenty of cabinet space for all your kitchen necessities. Stackable washer & dryer provided. (All the appliances will remain, but you are responsible for maintaining and replacing if they break). Covered front porch and the back yard comes with a large storage shed. Get your application in now before it's gone. All information is deemed reliable but not guaranteed and is subject to change.

Featured

Managed by Ethan Ammon

$1,400

Townhouse3 Beds1.5 Baths1,152 ft²

4932 Grant Line Rd

New Albany, IN 47150

New - this week

Managed by GC Property Services

$2,100

Apartment3 Beds1 Bath1,710 ft²

1603 E Oak St 1

New Albany, IN 47150

Unit 1 of 1603 E Oak St is the first floor of a beautiful, historical duplex, with versatility. It can either be a 3 bed, a 2 bed, with an office or even a 2 bed with 2 offices. Features include very large rooms, including a large living room, original gas fireplace, nearly all new windows, newer HVAC system, fresh paint, large utility room and a large basement. The utility room includes washer and dryer and additional space which could serve as a pantry area next to the kitchen.

Viewing 1-18 of 18 rentals in New Albany

What to Know About

Life in New Albany & Beyond

New Albany shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

New Albany, IN

As of May 2025, New Albany's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Albany's average rent is 10.2% ($132) lower than the Indiana average of $1,298 and 35.0% ($627) lower than the U.S. average of $1,793.

Average Rent

$1,166

Monthly ChangeMonth Over Month Change

0.8% ($9)

Yearly ChangeYear Over Year Change

1.9% ($22)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$881	10% ($80)	12.9% ($131)
2 Beds	$1,230	2.8% ($35)	8.8% ($100)
3 Beds	$1,572	0.4% ($7)	5.2% ($77)

Nearby Cities	Average Rent	Avg. Rent vs. New AlbanyAverage Rent vs. New Albany	Avg. Days on MarketAverage Days on Market
Clarksville	$989	15.2% ($177)	32 days
Jeffersonville	$1,418	21.6% ($252)	19 days
Louisville	$1,226	5.1% ($60)	28 days
Sellersburg	$1,525	30.8% ($359)	30 days
Prospect	$2,266	94.3% ($1100)	26 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

New Albany Rental Market FAQs

Explore rental prices, market trends, and availability in New Albany, IN.

What is the average rent in New Albany, IN?

The average rent in New Albany, IN is $1,166 per month.

What is the rental price range for homes in New Albany, IN?

Homes in New Albany typically rent for between $617 and $2,044 per month, with an average of $1,166 per month.

What is the average rent for different bedroom sizes in New Albany, IN?

In New Albany, the average rent for a 1-bedroom home is $881 per month, for a 2-bedroom home, $1,230 per month, and a 3-bedroom home is $1,572 per month.

How do rent prices in New Albany, IN compare with the national average?

The average rent in New Albany is 35% ($627) lower than the national average of $1,793 per month.

How have rent prices in New Albany, IN changed recently?

The average rent in New Albany has decreased by 0.8% ($9) in the last month and decreased by 1.9% ($22) over the past year.

How competitive is the rental market in New Albany, IN?

The rental market in New Albany, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in New Albany, IN?

In New Albany, IN, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in New Albany, IN?

There are currently 18 rental properties available in New Albany, IN.

Can I afford to rent a home in New Albany, IN?

Based on the current averages, a household would need an annual income of $49,200 to comfortably afford a 2-bedroom home in New Albany.