New Albany, IN rental market

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Last updated August 10, 2025

Rental market summary

The average rent for all bedrooms and all property types in New Albany, IN is $1,194.

Average rent

$1,194

Month-over-month change

+$22

Year-over-year change

+$49

Available rentals

71

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $350 to $4,000.

Rent frequencies
Rent priceNumber of rental properties
$01
$7004
$8008
$90011
$1,00012
$1,10013
$1,20010
$1,3008
$1,4007
$1,5007
$1,6007
$1,7001
$1,8003
$2,1001
$2,2001
$3,9001
$4,000+1

Average rent price over time

In the last year, rent has increased by $49 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,095$1,100
Feb$1,095$1,050
Mar$1,150$1,019
Apr$1,195$1,100
May$1,138$1,200
Jun$1,200$1,161
Jul$1,138$1,167
Aug$1,195$1,188
Sep$1,133No data
Oct$1,195No data
Nov$1,150No data
Dec$1,050No data

Market temperature

The New Albany, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in New Albany, IN is 43% lower than the national average.

New Albany, INvs.

$1,194

$2,100

Rent in New Albany, IN

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Frequently asked questions

1. What is the average rent in New Albany, IN?

The average rent in New Albany, IN is $1,194.

2. How much does it cost to rent a house in New Albany, IN?

Houses in New Albany, IN rent between $350 - $4,000 with an average rent of $1,194.

3. How has the rent in New Albany, IN changed in the last year?

In the last year, the rent in New Albany, IN increased by $49

4. How much has the rent in New Albany, IN increased/decreased in the last month?

In the last month, the rent in New Albany, IN increased by $22

5. How many available rentals are there in New Albany, IN?

There are currently 71 rentals available in New Albany, IN.

6. How do rent prices in New Albany, IN compare with the national average?

The average rent in New Albany, IN is $1,194 — 43.14% lower the national average of $2,100.