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Studio Apartments for Rent in New Albany, IN - 2 Rentals available

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Are you looking to land a small but cool studio apartment near you? Is an unbeatable location more important to you than lots of space? You can now browse through all available RENTCafé listings, to find the perfect studio apartment near you, in your favorite neighborhood, ZIP code, or in another city or state in the U.S. wherever life takes you. Check the ratings and reviews of properties with studio apartments, filter them based on your criteria, and find the one that suits your needs.

Compare the size, price and location, as well as amenities, both inside and outside the apartment. Whether you are looking for a more modern studio near you, or one in a charming old building, or maybe you want to be close to a certain park, the downtown area of your city, or near family or friends, RENTCafé allows you to find the best fit for you - so, let's find your new home!

Frequently Asked Questions

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

Studio apartments in New Albany, IN tend to be more affordable than other apartments and they have lower utility costs.

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

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in New Albany, IN.

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, June 2021 $880 /mo

New Albany, IN Apartment Rent Ranges

  • $501-$7007%
  • $701-$1,00077%
  • $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 Nov / 2020 Jun / 2021
New Albany, IN $742 $742 $770 $787 $813 $826 $832 $858 $872 $880
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407
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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 a studio apartment in New Albany, IN

If you’re a fan of living big on a budget, reducing your ecological footprint, and are determined to find an efficiency apartment in New Albany, IN, we have great news: on RENTCafé you have 2 small apartment units to choose from in 2 different properties. You may be surprised to know that studio apartments come in a variety of shapes and types. Once you decide on what your must-haves are, you can choose the right studio. If you’ll want your kitchen in the main room, why not aim for the most affordable one room apartments you can find? If you pride yourself on being frugal and always bragging to your friends about the great discounts and sales you just discovered, then put those skills to good use in your search for your next apartment.

Top tip: an efficiency apartment can be comfortable

Efficiency apartments may have just one multi-functional room, but it can be pretty spacious. You can get creative with the space, combine furniture and accent design elements in a harmonious and practical way, and you will end up with a very comfortable apartment where you can relax and unwind. If you’re not on a tight budget, you should definitely check out some bachelor flats that have a separate kitchen. You wouldn’t believe the difference it makes. While they don’t cost an arm and a leg, they are typically more expensive than a normal single bedroom apartment, so it’s probably a good idea to aim for the higher end of the price range—the highest price for a studio in New Albany, IN is currently $729.

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