New Albany, IN rental market

What is the average rent in New Albany, IN?

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Last updated June 30, 2026

Rental market summary

The average rent for all bedrooms and all property types in New Albany, IN is $1,139.

Average rent

$1,139

Month-over-month change

-$56

Year-over-year change

-$27

Available rentals

92

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $500 to $5,000.

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Rent frequencies
Rent priceNumber of rental properties
$5001
$6003
$70012
$80014
$90010
$1,0009
$1,10017
$1,20016
$1,3007
$1,4006
$1,5002
$1,6001
$1,7002
$1,8002
$1,9005
$2,0003
$2,1001
$2,2002
$2,3001
$4,900+1

Average rent price over time

In the last year, rent has decreased by $27 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,100$1,100
Feb$1,050$1,100
Mar$1,019$1,050
Apr$1,100$1,191
May$1,200$1,200
Jun$1,161$1,195
Jul$1,167No data
Aug$1,188No data
Sep$1,242No data
Oct$1,256No data
Nov$1,209No data
Dec$1,195No data

Market temperature

The New Albany, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in New Albany, IN is 43% lower than the national average.

New Albany, INvs.

$1,139

$2,010

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Frequently asked questions

1. What is the average rent in New Albany, IN?

The average rent in New Albany, IN is $1,139.

2. What is the average rent for a studio apartment in New Albany, IN?

The average rent for a studio apartment in New Albany, IN is $725 per month.

3. What is the average rent for a one-bedroom apartment in New Albany, IN?

The average rent for a one-bedroom apartment in New Albany, IN is $802 per month.

4. What is the average rent for a two-bedroom apartment in New Albany, IN?

The average rent for a two-bedroom apartment in New Albany, IN is $1,160 per month.

5. What is the average rent for a three-bedroom apartment in New Albany, IN?

The average rent for a three-bedroom apartment in New Albany, IN is $1,425 per month.

6. What is the average rent for a four-bedroom apartment in New Albany, IN?

The average rent for a four-bedroom apartment in New Albany, IN is $2,100 per month.

7. How much does it cost to rent a house in New Albany, IN?

Houses in New Albany, IN rent between $500 - $5,000 with an average rent of $1,139.

8. How has the rent in New Albany, IN changed in the last year?

In the last year, the rent in New Albany, IN decreased by $27

9. How much has the rent in New Albany, IN increased/decreased in the last month?

In the last month, the rent in New Albany, IN decreased by $56

10. How many available rentals are there in New Albany, IN?

There are currently 92 rentals available in New Albany, IN.

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

The average rent in New Albany, IN is $1,139 — 43.33% lower the national average of $2,010.

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