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The Monroe Apartments

940 University Woods Dr, New Albany, IN 47150

Floor Plan Summary
Monthly RentBedroomsBathrooms
$999 - $1,3281 - 2 1 - 2

Rent Specials

?? Spring into Savings! ?? ?? $300 Off June Rent! ?? $1/2 off Admin Fee! Limited Time – Don’t Miss Out!

Pricing and Floor Plans

1 Bedroom One Bathroom

$999
1 Bed, 1 Bath
800 Sq. Ft.

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Jul. 30
Unit
Price
Sq. Ft.
Available
136
$999
800
7/30/25
110
$999
800
8/1/25
188
$999
800
8/1/25

Two Bedroom One & One Half Bathroom

$1,229
2 Beds, 1.5 Baths
1,200 Sq. Ft.

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14 Rentals Available
Unit
Price
Sq. Ft.
Available
062
$1,229
1,200
Now
172
$1,229
1,200
Now
087
$1,229
1,200
Now

2 Bedroom One & One Half Bathroom

$1,199
2 Beds, 1.5 Baths
1,075 Sq. Ft.

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5 Rentals Available
Unit
Price
Sq. Ft.
Available
049
$1,199
1,075
Now
006
$1,199
1,075
Now
055
$1,199
1,075
7/7/25

Two Bedroom One & One Half Bathroom Deluxe

$1,328
2 Beds, 1.5 Baths
1,200 Sq. Ft.

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2 Rentals Available
Unit
Price
Sq. Ft.
Available
099
$1,328
1,200
Now
101
$1,328
1,200
Now

2 Bedroom One & One Half Bathroom Deluxe

$1,245
2 Beds, 1.5 Baths
1,075 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
041
$1,245
1,075
Now
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Details

Lease Term Options

  • 6-12

Property Information

  • Built in 1971
  • 189 units / 2 stories

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

One-Time Move-In Fees

  • Administrative Fee
    $199
  • Application Fee
    $60

Matterport 3D Tours

Property Highlights

  • Access To Hiking And Biking Trails
  • Laundry Room
  • Pet Friendly With Large Breeds Accepted
  • Additional Storage
  • Sparkling Swimming Pool With Sundeck
  • Online Resident Portal
  • Select Homes With Washer/dry Connections
  • On-Site Management
  • Outdoor Kitchen & Bbq Area
  • Virtual Tours Offered

Apartment Features

  • Dishwasher
  • Disposal
  • Heating
  • High Speed Internet Access
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Smoke Free
  • Storage Units

Community Features

  • 24 Hour Access
  • Basketball Court
  • Courtyard
  • Fitness Center
  • Grill
  • Laundry Facilities
  • Maintenance on site
  • Pool
  • Sundeck
  • Walking/Biking Trails

Map of The Monroe

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Neighborhood Scores

Walk Score ®

Somewhat Walkable58 / 100

Bike Score ®

Bikeable55 / 100

Soundscore

Calm81 / 100

Transit

Airport
Louisville Muhammad Ali International
28 min Drive
Louisville International

Moving to New Albany, New Albany, IN

Shopping Centers

Shoppers will appreciate The Monroe Apartments proximity to Grant Line Center, Grant Line Station, and Grantline Crossing. Grant Line Center is 0.3 miles away, and Grant Line Station is within a 10 minute walk.

Airports

Living in New Albany provides easy access to Louisville Muhammad Ali International, located just 29 minutes from The Monroe Apartments.

Local Education

Primary and Secondary Schools

4 rating

Mount Tabor School

Grades PK-4

Public

7 rating

Clarksville Elementary School

Grades PK-4

Public

3 rating

Hazelwood Middle School

Grades 5-8

Public

undefined rating

Our Lady Of Perpetual Help School

Grades PK-8

Private

6 rating

New Albany Senior High School

Grades 9-12

Public

undefined rating

Christian Academy Of Indiana

Grades K-12

Private

5 rating

Community Montessori

Grades PK-12

Charter

Data provided by GreatSchools.org 2024 © 2024. All rights reserved.

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Colleges and Universities

School

Commute Time (Distance)

Indiana Univ, Southeast, Main

Drive: 5 min (1.8 mi)

Jefferson Comm. & Tech., JTC

Drive: 16 min (9.8 mi)

Indiana Univ. SE, Grad Ctr

Drive: 15 min (9.9 mi)

Jefferson Comm. & Tech., DC

Drive: 17 min (12.2 mi)

About The Monroe Apartments

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!

The Monroe Apartments is an apartment community

Elmington Capital

Contact

Property Address:
940 University Woods Dr,
New Albany, IN 47150
Phone Number: (930) 200-4170
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday8:30 AM - 5:30 PM
  • Tuesday8:30 AM - 5:30 PM
  • Wednesday8:30 AM - 5:30 PM
  • Thursday8:30 AM - 5:30 PM
  • Friday8:30 AM - 5:30 PM
  • Saturday10:00 AM - 5:00 PM

Renter Reviews

For The Monroe

3

14 Ratings & Reviews

How Is This Rating Determined?

12/17/24

Worst place to be

This place is infested with roaches and bug. The have poor maintenance and charge your for pest control but they never show. Lastly it been over 6month I left up till today 12/16/24 I have not gotten a refund. Plus the new management now are so rude.

Review from Apartments.com

4 People Found This Helpful

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10/18/24

Don’t move here !!!

I lived at the Monroe apartments for 2 years and it was my first apartment at 18 years old. Absolutely terrible experience. They are roach infested, the AC always breaks and they never fix it in a timely manner or offer window units. Black mold behind the shower as well. I was so sick staying there. Managers are very rude as well. Please find somewhere else.

Review from Apartments.com

2 People Found This Helpful

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Property Manager at The Monroe responded to this review

We are sorry to hear about your prior experience. Please contact the office regarding your experience. Our office is all new staff and we hope to rectify any past mistakes that may have been made by the office.

8/29/24

very quiet community

I come from a property previously where my neighbors were screaming through the apartment. Not here though. its super quiet almost eery in a sense. I prefer this over the city any day. I haven't had any issues with pest control as they just came on Wednesday and the office staff is great. So far I give a 9 out of 10. I only do this because I wish there were more restaurants on the street its at. There are a few but I have to travel dow to them. Wish they were closer.

Review from Apartments.com

1 Person Found This Helpful

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Property Manager at The Monroe responded to this review

We appreciate your high rating and positive feedback about our peaceful environment. It's great to hear that you're enjoying the tranquility and our proactive pest control measures. We understand your wish for more nearby dining options and... appreciate your suggestion. Thank you for choosing our community as your home.

8/28/24

Five Star!!

I'm so happy with the new management company!! The previous one didn't answer the phones nor talk at the door. I love the leasing agent and new manager I met today. Thank you for all your help!!

Review from Apartments.com

1 Person Found This Helpful

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Property Manager at The Monroe responded to this review

Thank you for the five-star rating! We're thrilled to hear about your positive experience with our new management team. Your kind words are greatly appreciated and we're here to help anytime.

8/20/24

Beautiful Property

The property is immaculate! There are great shops and restaurants nearby.

Review from Apartments.com

1 Person Found This Helpful

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