Stonecrest Apartments
4737 Grant Line Rd,
New Albany, IN 47150
$1,265 - $1,350
2 Beds
Just across the Ohio River from Downtown Louisville lies historic New Albany. Because of easy accessibility to Interstate 64 and a mild commute downtown, residents of New Albany have a direct line to all of Louisville’s amenities without the higher cost of living associated with city life.
In addition to a sprawling park system, this Floyd County community is encompassed by a collection of 19th century homes and buildings. The Harvest Homecoming festival brings those near and far together for a day of celebration and fun. Located within city limits is the campus of Indiana University Southeast, along with excellent wineries, breweries, and restaurants.
As of October 2025, the average apartment rent in New Albany, IN is $826 for a studio, $943 for one bedroom, $1,124 for two bedrooms, and $1,388 for three bedrooms. Apartment rent in New Albany has increased by 0.6% in the past year.
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Public
Grades PK-4
521 Students
Public
Grades PK-4
358 Students
S Ellen Jones Elementary School
Public
Grades PK-4
208 Students
Nathaniel Scribner Middle School
Public
Grades 5-8
902 Students
Green Valley Elementary School
Public
Grades PK-4
389 Students
Nathaniel Scribner Middle School
Public
Grades 5-8
902 Students
Public
Grades 5-8
857 Students
Public
Grades 9-12
1,812 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.