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Cheap Apartments for Rent in New Albany, IN

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What is the price of a cheap apartment in New Albany, IN?

The price range of a cheap apartment is between $595 and $1,588.

How many cheap rentals are available in New Albany, IN on RentCafe?

There are 2 cheap rentals available on RentCafe. Prices and availability in New Albany, IN were last updated on 20 Aug 2026.

What is the average size of a cheap apartment in New Albany, IN?

The average New Albany, IN cheap apartment size is 946 sq. ft.

What are the advantages of renting a cheap apartment in New Albany, IN?

Cheap apartments in New Albany, IN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in New Albany, IN?

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 89 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 $1,114 per month so any rental south of $891 would be considered cheap here. On RentCafe, New Albany, IN rents go as low as $485/mo.