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    • Special offer

    The Monroe

    940 University Woods Dr, New Albany, IN 47150

    Visit The Monroe website
    • Special offer! One month free on Two bedroom floorplans and reduced rates
    Apartment building
    1-2 beds
    Pet-friendly

    What’s available

    Price may not include required fees and charges.
    1 bd, 1 ba
    $1,019
    800 sqft

    2 units avail. now | 4 avail. Aug 3-Sep 18

    Price: $1,019Available: Available NowUnit: Unit 188
    Price: $1,019Available: Available NowUnit: Unit 110
    Price: $1,019Available: Available Aug 18 2025Unit: Unit 184
    Price: $1,019Available: Available Sep 12 2025Unit: Unit 129
    Price: $1,019Available: Available Sep 18 2025Unit: Unit 177
    Price: $1,019Available: Available Aug 3 2025Unit: Unit 109
    2 bd, 1.5 ba
    $1,189
    1,200 sqft

    12 units avail. Aug 3 | 6 avail. Aug 5-Oct 6

    Price: $1,189Available: Available Aug 16 2025Unit: Unit 91
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 170
    Price: $1,189Available: Available Aug 5 2025Unit: Unit 141
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 100
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 143
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 67
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 90
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 151
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 61
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 146
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 149
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 82
    Price: $1,189Available: Available Oct 6 2025Unit: Unit 163
    Price: $1,189Available: Available Sep 6 2025Unit: Unit 68
    Price: $1,189Available: Available Aug 8 2025Unit: Unit 65
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 63
    Price: $1,189Available: Available Aug 29 2025Unit: Unit 66
    Price: $1,189Available: Available Aug 3 2025Unit: Unit 87
    2 bd, 1.5 ba
    $1,199
    1,075 sqft

    2 units avail. Oct 6 | 2 units avail. Aug 3 | 4 avail. Aug 5-Sep 5

    Price: $1,199Available: Available Sep 5 2025Unit: Unit 7
    Price: $1,199Available: Available Aug 30 2025Unit: Unit 58
    Price: $1,199Available: Available Oct 6 2025Unit: Unit 25
    Price: $1,199Available: Available Aug 10 2025Unit: Unit 31
    Price: $1,199Available: Available Aug 3 2025Unit: Unit 6
    Price: $1,199Available: Available Aug 5 2025Unit: Unit 55
    Price: $1,199Available: Available Oct 6 2025Unit: Unit 57
    Price: $1,199Available: Available Aug 3 2025Unit: Unit 19
    2 bd, 1.5 ba
    $1,245
    1,075 sqft

    1 unit available Oct 6

    2 bd, 1.5 ba
    $1,328
    1,200 sqft

    1 unit avail. now | 1 avail. Oct 6

    Price: $1,328Available: Available NowUnit: Unit 99
    Price: $1,328Available: Available Oct 6 2025Unit: Unit 86
    2 bd, 2 ba
    $1,484
    1,250 sqft

    1 unit available Aug 3

    What's special

    Swimming pool
    Cool down on hot days
    This building features access to a pool. Only 17% of buildings in New Albany have this amenity.
    Luxurious comfort
    Welcome home to The Monroe, our newly renovated apartment community in New Albany, Indiana. Our updated 1 and 2 bedrooms provide luxurious comfort to make relaxing at home easy. Located across from the Ohio River and close to Interstate 64, you are minutes away from all of the entertainment Downtown Louisville offers. Enjoy shopping, dining out, and more within 5 minutes of your new home. Come visit us today!

    Office hours

    DayOpen hours
    Mon - Fri:8:30 am - 5:30 pm
    Sat:10 am - 5 pm
    Sun:Closed

    Facts, features & policies

    Building Amenities

    Community Rooms
    • Fitness Center
    Other
    • Hookups: Select Homes With Washer/dry Connections
    • Swimming Pool: Sparkling Swimming Pool With Sundeck
    Outdoor common areas
    • Barbecue: Outdoor Kitchen & Bbq Area
    Services & facilities
    • On-Site Maintenance
    • On-Site Management
    • Online Rent Payment: Online Resident Portal
    • Storage Space

    Unit Features

    Appliances
    • Washer/Dryer Hookups: Select Homes With Washer/dry Connections

    Policies

    Pets
    Cats
    • Allowed
    • 2 pet max
    • $300 one time fee
    • $30 monthly pet fee
    • Restrictions: Breed restrictions may apply. No aggressive breeds. Please contact our Leasing Team for more details.
    • Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.
    Dogs
    • Allowed
    • 2 pet max
    • $300 one time fee
    • $30 monthly pet fee
    • Restrictions: Breed restrictions may apply. No aggressive breeds. Please contact our Leasing Team for more details.
    • Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.
    Parking
    • Off Street Parking: Off-Street Parking

    Special Features

    • Access To Hiking And Biking Trails
    • Courtyard
    • Pet Friendly With Large Breeds Accepted
    • Select Homes With Washer/dry Connections
    • Virtual Tours Offered

    Neighborhood: 47150

    Areas of interest

    Use our interactive map to explore the neighborhood and see how it matches your interests.

    Travel times

    Walk, Transit & Bike Scores

    58 / 100
    Somewhat Walkable
    55 / 100
    Bikeable

    Nearby schools in New Albany

    GreatSchools rating

    Market Trends

    Rental market summary

    The average rent for all beds and all property types in New Albany, IN is $1,150.

    Average rent

    $1,150

    Month-over-month

    +$25

    Year-over-year

    -$50

    Available rentals

    69

    New Albany, IN Rental Market Data

    Frequently asked questions

    What is the walk score of The Monroe?

    The Monroe has a walk score of 58, it's somewhat walkable.

    What schools are assigned to The Monroe?

    The schools assigned to The Monroe include Mount Tabor School, Hazelwood Middle School, and New Albany Senior High School.

    Does The Monroe have in-unit laundry?

    The Monroe has washer/dryer hookups available.

    What neighborhood is The Monroe in?

    The Monroe is in the 47150 neighborhood in New Albany, IN.

    What are The Monroe's policies on pets?

    A maximum of 2 cats are allowed per unit. This building has a one time fee of $300 and monthly fee of $30 for cats. A maximum of 2 dogs are allowed per unit. This building has a one time fee of $300 and monthly fee of $30 for dogs.

    Your dream apartment is waitingTwo new units were recently added to this listing.