Save Search

Apartments for Rent in New Albany, IN under $1500


Quick filters
  • 1 bd $739+
    2 bd $859+
    3 bd $1,425
    Base rent
    Verified Listing

    Knobs Pointe Apartments

    4.0 (33)
    2702 Paoli Pike, New Albany, IN 47150
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $860
    2 bd $935+
    Base rent
    4.0 (11)
    2313 Grant Line Road, New Albany, IN 47150
    Apply online • Pet friendly • Dishwasher
  • Rent specials 6 units available
    1 bd $1,257
    2 bd $1,260+
    Base rent
    Verified Listing

    The Commons Apartments

    818 Hausfeldt Lane, New Albany, IN 47150
    Apply online • Pet friendly • Fitness center
  • Studio $820+
    1 bd $942+
    2 bd $1,008+
    Base rent
    4.0 (13)
    4100 Prestwick Square, New Albany, IN 47150
    Apply online • Pet friendly • Dishwasher
  • Rent specials
    1 bd $819+
    2 bd $1,124
    Base rent
    Verified Listing

    Willow Run

    One Plaza Drive, New Albany, IN 47150
    Apply online • Pet friendly • Dishwasher
  • Rent specials
    1 bd $1,036
    2 bd $1,297
    3 bd $1,489
    Base rent
    Verified Listing

    Sheffield Square

    4.5 (3)
    600 Country Club Drive, New Albany, IN 47150
    Apply online • Pet friendly • Parking
  • 5 units available
    1 bd $990
    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
    2 bd $1,300
    Base rent
    Verified Listing

    Academy Park Apartments

    4.5 (15)
    718 Academy Drive, New Albany, IN 47150
    Apply online • Pet friendly • Pool
  • Only 3 units left
    1 bd $1,099
    2 bd $1,295
    Base rent
    Verified Listing

    Villas At Green Valley

    2406 Green Valley Rd, New Albany, IN 47150
    Apply online • Pet friendly • Fitness center
  • Rent specials
    1 bd $1,425+
    3 bd $1,196
    Base rent
    Verified Listing

    The Oxbow

    202 E Main St., New Albany, IN 47150
    Apply online • Pet friendly
  • Only 1 unit left
    3 bd $1,195
    Base rent
    Verified Listing

    2110 E Market St.

    2110 E Market St., 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
    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
    Studio $100
    2 bd $1,095
    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
    1 bd $850
    3 bd $1,195
    Base rent
    4.0 (1)
    504 508 & 508 1/2 Vincennes, New Albany, IN 47150
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $1,295
    3 bd $950
    Base rent
    Verified Listing

    1026 Silver Street

    1026 Silver Street, New Albany, IN 47150
    Apply online • Pet friendly
  • Only 1 unit left
    3 bd $1,395
    Base rent
    Verified Listing

    520 Culbertson Ave.

    5.0 (4)
    520 Culbertson Ave., New Albany, IN 47150
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $1,095
    Base rent
    Verified Listing

    2015 McDonald Ave

    2015 Mcdonald Ave, New Albany, IN 47150
    Apply online • Pet friendly
  • 1 bd $807+
    2 bd $956+
    Base rent
    Verified Listing

    Monon Crossing

    2676 Grant Line Road, New Albany, IN 47150
    Pet friendly • Fitness center • Pool
  • Only 1 unit left
    3 bd $1,195
    Base rent
    Verified Listing

    426 West 7th Street

    426 West 7Th Street, New Albany, IN 47150
    Apply online • Pet friendly
  • Rewards
    1 bd $681
    2 bd $1,077
    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
  • Rent specials
    Ask for pricing
    Verified Listing

    High Park Apartments

    3.0 (3)
    100 High Park Dr, New Albany, IN 47150
    Pet friendly • In unit laundry • Dishwasher
  • 3 bd $1,395
    Base rent
    906,908,910,912 Pearl St., New Albany, IN 47150
    Pet friendly
  • 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
  • 43-0-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 6 Nov 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 housing is rented out compared to 55% of homes are owned, according to the most recent Census Bureau estimates. 13% of New Albany's apartments are found in large buildings of 50 units or more, 60% are located in smaller apartment complexes with less than 50 units, and 26% are single-family rentals.

Apartments in New Albany, IN under $1,500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,500?” 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 106 apartments for rent in New Albany, IN on which you’ll spend less than $1,500. 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 $1,500

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 $1,500. The average rental size in New Albany, IN is 960 Sqft, but the $1,500 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.