Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
4 New Albany, OH, USA apartments for rent
New Albany
New Albany, OH has a population of 10,253, while the median age is 39. The household income in New Albany, OH is around $187,200. The homeownership rate among the residents is 86%. The median residential property value in New Albany, OH that you should keep in mind is $495,800.
| Population | 10,253 |
| Median Age | 38.6 |
| Poverty Rate | 3% |
| Household Income | $187,200 |
| Number Of Employees | 4,892 |
| Median Property Value | $495,800 |
Business & Economy
Wage by Common Jobs
Average salary in New Albany, OH: $45,390
- 1. Miscellaneous managers$90,868
- 2. Registered nurses$61,542
- 3. Elementary & middle school teachers$53,968
- 4. Firstline supervisors of retail sales workers$49,169
- 5. Driver/sales workers & truck drivers$45,306
Highest Paid Occupations
Numbers claim that the highest paid jobs in New Albany, OH are Health Diagnosing & Treating Practitioners & Other Technical Occupations, Legal Occupations, Arts, Design, Entertainment, Sports, Media Occupations, Management Occupations and Healthcare Practitioners & Technical Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 13% recently, there must be a strong understanding of industries people of New Albany, OH work in. The highest paid industries are Real Estate & Rental & Leasing, Utilities, Professional, Scientific, Technical Services, Professional, Scientific, Management, Administrative & Waste Management Services and Information.
Demographics
Race & Ethnicity
According to latest census, New Albany, OH is a home for 81% white residents. The second common group is black with 9% residents. The list of the most common racial or ethnic groups is closed by asian with 8% residents.
Non-English Speakers
Education
Past year New Albany, OH universities awarded around 991,600 degrees. Statistics show that the population of students in New Albany, OH includes 495,800 female students and 495,800 male students. New Albany, OH offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The share of the public colleges in New Albany, OH is n/a and n/a go to the private colleges.
Health and Safety
Primary care physicians in New Albany, OH see an average of 1,001 patients, dentists 1,175 patients, metal health providers 444 patients, and other healthcare providers 1,031 patients per year.
Transportation
Commute Time
Average travel time: 19.32 minutes
Commuter Transportation
Citizens of New Albany, OH travel to their offices around 19 minutes lately and drove alone to get there. The rest of the residents worked at home and carpooled.
Housing Trends
Rent vs Own
How much is an apartment in New Albany, OH, USA
Average rent in New Albany: $2,125 (-26.3%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 1 bed rentals | $750 | N/A |
| 2 bed rentals | $2,750 | N/A |
| 3 bed rentals | $3,500 | +18.6% |
Over the May 2022, the average rent for an apartment in/near New Albany, OH decreased by 26.3% to $2,125.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $750 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,750. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $3,500.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Condo rentals | $2,883 | N/A |
| House rentals | $3,500 | N/A |
| Room rentals | $750 | N/A |
The median rent for a house is still $3,500 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $2,883. If you’re looking for a room, the price tag still starts at $750. The median price did not change this time.
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