New Albany, IN Rental Market Trends
What is the average rent in New Albany?
The average rent for an apartment in New Albany is $1,051. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in New Albany, IN
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,051 | 1,041 sq. ft. |
What is the average apartment size in New Albany?
The average size for a New Albany, IN apartment is 1,041 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
New Albany, IN apartment rent ranges
New Albany, IN Occupied Housing Units
6,802 or 43% of the households in New Albany, IN are renter-occupied while 9,104 or 57% are owner-occupied.
New Albany, IN rent trends
How New Albany Compares to Other Cities
| State | Average Rent |
|---|---|
| Louisville | $1,217 |
| Indianapolis | $1,193 |
| Fort Wayne | $1,106 |
| Gary | $904 |
| South Bend | $1,227 |
| West Lafayette | $1,665 |
| Lyndon | $1,385 |
| New Albany | $1,051 |
| Jeffersonville | $1,141 |
| Rochester | $730 |
| Crown Point | $1,358 |
| Greenfield | $1,199 |
| Lafayette | $1,018 |
| Crestwood | $1,367 |
| St. Matthews | $1,319 |
What is the average price for a storage unit in New Albany?
The average rent for a non-climate-controlled 10'x10' storage unit in New Albany is $86.78. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
