New Albany, IN has a population of 36,548, while the median age is 38. The household income in New Albany, IN is around $43,914. The homeownership rate among the residents is 55%. The median residential property value in New Albany, IN that you should keep in mind is $111,300.
Population | 36,548 |
Median Age | 38.2 |
Poverty Rate | 18% |
Household Income | $43,914 |
Number Of Employees | 18,095 |
Median Property Value | $111,300 |
Rent Price | Dec | vs Last Month |
---|---|---|
1-bed apartments | $800 | +16.4% |
2-bed apartments | $1,000 | +11.1% |
Over the Dec 2022, the average rent for an apartment in/near New Albany, IN decreased by 8.4% to $891.
The average price for a rental studio in New Albany, IN has remained the same as last month and equals $2,125. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 16.4% to $800. Pricing for 2-bed apartment also increased by 11.1% and a place of this size will now cost you $1,000. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $910.
Rent Type Price | Dec | vs Last Month |
---|---|---|
Apartments for rent | $750 | -44.9% |
Houses for rent | $1,008 | +22% |
The median rent for an apartment in New Albany, IN decreased by 44.9% to $750. Statistics show that house rent price increased by 22% this month making it up to $1,008.