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The price range of a cheap apartment is between $820 and $1,587.
There are 1 cheap rentals available on RentCafe. Prices and availability in New Albany, IN were last updated on 1 Oct 2026.
The average New Albany, IN cheap apartment size is 941 sq. ft.
Cheap apartments in New Albany, IN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.
A cheap apartment in New Albany, IN offers little storage space and fewer amenities compared to other apartments.
Looking for a cheap apartment for rent in New Albany, IN? With RentCafe, finding an affordable apartment in New Albany, IN has never been easier. We feature 88 low-priced rentals directly from property managers, with rents lower than the New Albany, IN average. What is a cheap rent in New Albany, IN? The average apartment rent in New Albany is $1,115 per month so any rental south of $892 would be considered cheap here. On RentCafe, New Albany, IN rents go as low as $485/mo.
