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Apartments for Rent in New Albany, IN under $700 – 40 Rentals available

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New Albany, IN Demographics

  • Total Population36,647
  • Female 17,559
    Male 19,088
  • Median Age38.4

Average Rent in New Albany, IN

  • New Albany, IN Average Rental Price, February 2021 $872 /mo

New Albany, IN Apartment Rent Ranges

  • $501-$70012%
  • $701-$1,00072%
  • $1,001-$1,50014%
  • $1,501-$2,0002%

New Albany, IN Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Feb / 2021
New Albany, IN $742 $742 $770 $787 $813 $826 $832 $858 $872
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462
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Check out the average rent prices in New Albany by neighborhood.

New Albany, IN Households

  • Total Number of Households14,877
  • Family 8,346
    Non-family 6,531
  • Children 3,892
    No Children 10,985
  • Average People Per Household2.39
  • Median Household Income$48,734
  • Median Housing Costs Per Month$792

New Albany, IN Education Statistics

  • No High School3%
  • Some High School42%
  • Some College27%
  • Associate Degree9%
  • Bachelor Degree12%
  • Graduate Degree7%

Renting apartments in New Albany, IN under $700

Searching for apartments for rent in New Albany, IN under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In New Albany, IN, where the average rent is $707 per month, there are 40 units available for less than $700. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in New Albany, IN. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in New Albany, IN going for $596 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!