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Apartments for Rent in New Albany, IN under $1200


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  • 1 bd $739+
    2 bd $859+
    Base rent
    Verified Listing

    Knobs Pointe Apartments

    4.0 (33)
    2702 Paoli Pike, New Albany, IN 47150
    Apply online • Pet friendly • Fitness center
  • Studio $820+
    1 bd $931+
    2 bd $994+
    Base rent
    4.0 (13)
    4100 Prestwick Square, New Albany, IN 47150
    Apply online • Pet friendly • Dishwasher
  • 2 bd $935+
    Base rent
    4.0 (11)
    2313 Grant Line Road, New Albany, IN 47150
    Apply online • Pet friendly • Dishwasher
  • 6 units available
    1 bd $1,010
    Base rent
    Verified Listing

    Lancaster Lofts

    4.0 (5)
    1637 E Market St, New Albany, IN 47150
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $955+
    Base rent
    Verified Listing

    Sheffield Square

    4.5 (3)
    600 Country Club Drive, New Albany, IN 47150
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $929
    Base rent
    Verified Listing

    Willow Run

    One Plaza Drive, New Albany, IN 47150
    Apply online • Pet friendly • Dishwasher
  • Rent specials
    2 bd $906+
    Base rent
    Verified Listing

    High Park Apartments

    3.0 (3)
    100 High Park Dr, New Albany, IN 47150
    Pet friendly • In unit laundry • Dishwasher
  • Only 1 unit left
    2 bd $1,125
    Base rent
    Verified Listing

    3509 Tabor Ct

    4.0 (1)
    3509 Tabor Ct, New Albany, IN 47150
    Apply online • Pet friendly
  • 4 units available
    Studio $895
    1 bd $847+
    2 bd $895
    Base rent
    4.5 (4)
    702-712 Victoria Court Apts, New Albany, IN 47150
    Apply online
  • Only 1 unit left
    2 bd $975
    Base rent
    Verified Listing

    821/823 Commerce St.

    821/823 Commerce St., New Albany, IN 47150
    Apply online • Pet friendly
  • Only 1 unit left
    Studio $100
    1 bd $550
    Base rent
    Verified Listing

    2032 Culbertson Ave.

    5.0 (4)
    2032 Culbertson Ave., New Albany, IN 47150
    Apply online • Cat friendly
  • Only 1 unit left
    2 bd $995
    Base rent
    Verified Listing

    712 Mt. Tabor Rd.

    5.0 (2)
    712 Mt. Tabor Rd., New Albany, IN 47150
    Apply online • Pet friendly
  • Only 1 unit left
    Studio $100
    2 bd $1,125
    Base rent
    Verified Listing

    1922_24 Silver St.

    3.5 (2)
    1922_24 Silver St., New Albany, IN 47150
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $1,125
    Base rent
    Verified Listing

    2015 McDonald Ave

    2015 Mcdonald Ave, New Albany, IN 47150
    Apply online • Pet friendly
  • 1 bd $807+
    2 bd $1,093+
    Base rent
    Verified Listing

    Monon Crossing

    2676 Grant Line Road, New Albany, IN 47150
    Pet friendly • Fitness center • Pool
  • Rewards
    1 bd $681
    2 bd $1,003+
    3 bd $806
    Base rent Income restricted
    Verified Listing

    Valley Ridge

    4.0 (4)
    200 Village Dr W, New Albany, IN 47150
    Apply online • Pet friendly • Patio/Balcony
  • 1 bd $750
    2 bd $695
    Base rent
    Verified Listing

    1409a Chartres St.

    1409A Chartres St., New Albany, IN 47150
    Cat friendly
  • 1 bd $650
    Base rent
    Verified Listing

    1847 East Oak St

    1847 East Oak St, New Albany, IN 47150
    Cat friendly
  • 2 bd $995
    Base rent
    Verified Listing

    1607 E Oak St

    1607 E Oak St, New Albany, IN 47150
    Pet friendly
  • 3 bd $1,095
    Base rent
    Verified Listing

    510 Culbertson Ave.

    510 Culbertson Ave., New Albany, IN 47150
    Pet friendly
  • 2 bd $1,200
    Base rent
    Verified Listing

    2515 Shrader Avenue

    2515 Shrader Avenue, New Albany, IN 47150
    Pet friendly
  • 2 bd $1,200
    Base rent
    Verified Listing

    2512 Shrader Avenue

    2512 Shrader Avenue, New Albany, IN 47150
    Pet friendly
  • 2 bd $1,200
    Base rent
    Verified Listing

    1232 Vincennes Steet

    1232 Vincennes Steet, New Albany, IN 47150
    Pet friendly
  • 2 bd $1,150
    Base rent
    Verified Listing

    1108 State St.

    1108 State St., New Albany, IN 47150
    Pet friendly
  • More Rentals Near New Albany, IN

  • 2 bd $750
    Base rent
    Verified Listing

    113 N 45th St.

    113 North 45Th Street, Louisville, KY 40212
    Pet friendly
  • 24-1-city



Frequently asked questions

When were prices and availability in New Albany, IN last updated?

Prices and availability in New Albany, IN were last updated on 22 Oct 2026.

What are the best apartments in New Albany, IN?
What type of rental buildings are in New Albany, IN?

In New Albany, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 13% of New Albany's rentals, 60% are small-scale complexes with under 50 units, and 26% are single-family rentals.

Apartments in New Albany, IN under $1,200

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,200?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 74 apartments for rent in New Albany, IN on which you’ll spend less than $1,200. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,200

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,200. The average rental size in New Albany, IN is 870 Sqft, but the $1,200 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.