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Known for its rich shipbuilding history and impressive collection of 19th-century mansions, New Albany, Indiana sits along the Ohio River just across from Louisville, Kentucky. This riverside city of nearly 38,000 residents showcases its architectural heritage particularly along Main Street, where preserved Victorian-era homes tell the story of its prosperous past. Downtown New Albany features restored historic homes within walking distance of local restaurants and shops. The Silver Grove area presents tree-lined streets with a mix of classic and contemporary houses, while the Mansion Row Historic District offers distinguished properties with period details and architectural significance.
The average rent for a three-bedroom house is approximately $1,368, with larger four-bedroom homes averaging $1,811, reflecting the city's competitive rental market. New Albany's location provides access to downtown Louisville via the Sherman Minton Bridge, typically a 10-minute drive, and to Indiana University Southeast campus. The city offers convenient interstate access via I-265 and I-64, connecting residents to both Louisville's business district and New Albany's commercial centers. Recreation options include Binford Park and River Run Family Water Park, along with miles of walking trails. The annual Harvest Homecoming festival, one of Indiana's largest festivals drawing over 600,000 visitors with its craft booths, food vendors, and parade, brings the community together each October. These amenities combine to make New Albany an appealing choice for those seeking a small-city atmosphere with easy access to metropolitan conveniences.
Frequently Asked Questions
Average Rent Rates
What's the average rent for a house in New Albany, IN?
House averages in New Albany, IN varies based on size.
- $795 for a 1-bedroom house in New Albany, IN
- $1,395 for a 3-bedroom house in New Albany, IN
- $1,595 for a 4-bedroom house in New Albany, IN
Education
What elementary schools are in New Albany, IN?
There are several great elementary schools in New Albany, IN. ForRent.com can help you find a house near Grant Line School, Slate Run Elementary School, S Ellen Jones Elementary School, and others.
What middle schools are in New Albany, IN?
ForRent.com can help you find a new house in New Albany, IN, near middle schools like Nathaniel Scribner Middle School, Hazelwood Middle School, and others.
What high schools are in New Albany, IN?
Search ForRent.com to find a new house in New Albany, IN, located near high schools like New Albany Senior High School, and others.
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Houses for Rent near Colleges in New Albany
- Houses for Rent near Indiana University, Southeast-Main Campus
- Houses for Rent near Indiana University, Southeast-Graduate Center
- Houses for Rent near Jefferson Community and Technical College-Jefferson Technical Campus
- Houses for Rent near Jefferson Community and Technical College-Downtown Campus
- Houses for Rent near Spalding University
- Houses for Rent near University of Louisville-Health Sciences Campus