Indiana University, Southeast

New Albany, IN

Background Image

Indiana University, Southeast Main Campus - New Albany, IN Area Guide

Spreading the IU mission to the state-line suburbs

Public Suburban Walkable Business Comprehensive

Established in 1941, Indiana University Southeast expands the IU system’s community of academic excellent all the way down to the Kentucky state line. Academically, IU Southeast is best known for its nationally-ranked business school, as well as its robust nursing and education programs. The main campus sits on the north side of New Albany, a suburban city right across the Ohio River from Louisville, Kentucky. This close proximity makes it easy to hop down and check out the legendary arts, dining, and nightlife of the neighboring city. Closer to campus, the landscape is largely filled with residential neighborhoods, offering numerous affordable apartments, condos, and rental houses within a short walk to the university. The area also features several restaurants, grocery stores, and even a craft brewery nearby, giving you lots of convenient options for both practical necessities and after-hours activities.

Rent Trends

As of April 2026, the average apartment rent in New Albany, IN is $930 for a studio, $953 for one bedroom, $1,131 for two bedrooms, and $1,270 for three bedrooms. Apartment rent in New Albany has decreased by -0.5% in the past year.

  • Studio

  • 507 sq ft

    Average Sq Ft

  • $930/month

    Average Rent

  • 1 BR

  • 797 sq ft

    Average Sq Ft

  • $953/month

    Average Rent

  • 2 BR

  • 1,082 sq ft

    Average Sq Ft

  • $1,131/month

    Average Rent

  • 3 BR

  • 1,267 sq ft

    Average Sq Ft

  • $1,270/month

    Average Rent

Getting Around

Fairly Walkable

Walkability

40 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

40 / 100

Daily Essentials

Supermarket Within a 30 Minute Walk

Groceries

30 / 100

Fair Restaurant Variety Nearby

Restaurants

40 / 100

Good Café Variety Nearby

Cafes

60 / 100

Limited Variety of Shops Nearby

Shopping

30 / 100

Recreation

Moderate Amount of Park Space Nearby

Parks

40 / 100

Few to No Wellness Amenity Options Nearby

Wellness

10 / 100

Local Vibe

Calm Atmosphere

Vibrancy

10 / 100

Few to No Nightlife Options Nearby

Nightlife

10 / 100

Not Noisy

Quiet Score

90 / 100

Schools

Grant Line School

Public

Grades PK-5

521 Students

Slate Run Elementary School

Public

Grades PK-5

358 Students

S Ellen Jones Elementary School

Public

Grades PK-5

208 Students

Nathaniel Scribner Middle School

Public

Grades K-8

902 Students

Community Montessori

Public

Grades PK-12

506 Students

Nathaniel Scribner Middle School

Public

Grades K-8

902 Students

Community Montessori

Public

Grades PK-12

506 Students

Hazelwood Middle School

Public

Grades K-8

857 Students

New Albany Senior High School

Public

Grades 9-12

1,812 Students

Community Montessori

Public

Grades PK-12

506 Students

Points of Interest

Parks and Recreation

  • Falls of the Ohio State Park
  • Portland Museum
  • Kentucky Science Center
  • Louisville Zoo
  • Chickasaw Park

Airports

  • Louisville Muhammad Ali International

Top Apartments Near Indiana University, Southeast

Houses Near Indiana University, Southeast

Property Management Companies

Search Nearby Rentals

Methodology

† 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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.