The Monroe
940 University Woods Dr,
New Albany,
IN
47150
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Monthly Rent
$999 - $1,328
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Bedrooms
1 - 2 bd
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Bathrooms
1 - 2 ba
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Square Feet
800 - 1,250 sq ft
Pricing & Floor Plans
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Unit 136price $999square feet 800availibility Jul 30
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Unit 110price $999square feet 800availibility Aug 1
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Unit 188price $999square feet 800availibility Aug 1
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Unit 049price $1,199square feet 1,075availibility Now
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Unit 006price $1,199square feet 1,075availibility Jun 16
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Unit 055price $1,199square feet 1,075availibility Jul 7
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Unit 087price $1,229square feet 1,200availibility Jun 16
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Unit 090price $1,229square feet 1,200availibility Jun 16
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Unit 063price $1,229square feet 1,200availibility Jun 16
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Unit 041price $1,245square feet 1,075availibility Now
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Unit 099price $1,328square feet 1,200availibility Now
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Unit 101price $1,328square feet 1,200availibility Now
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Unit 136price $999square feet 800availibility Jul 30
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Unit 110price $999square feet 800availibility Aug 1
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Unit 188price $999square feet 800availibility Aug 1
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Unit 049price $1,199square feet 1,075availibility Now
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Unit 006price $1,199square feet 1,075availibility Jun 16
-
Unit 055price $1,199square feet 1,075availibility Jul 7
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Unit 087price $1,229square feet 1,200availibility Jun 16
-
Unit 090price $1,229square feet 1,200availibility Jun 16
-
Unit 063price $1,229square feet 1,200availibility Jun 16
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Unit 041price $1,245square feet 1,075availibility Now
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Unit 099price $1,328square feet 1,200availibility Now
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Unit 101price $1,328square feet 1,200availibility Now
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Cost Calculator to add these fees to the base price.
- One-Time Move-In Fees
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Administrative FeeLook and Lease special today only! We are waiving the $199 administration fee.$199
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Application Fee$60
- Dogs Allowed
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Monthly pet rent$30
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One time Fee$300
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Pet Limit2
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Restrictions:Breed restrictions may apply. No aggressive breeds. Please contact our Leasing Team for more details.
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Comments:Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.
- Cats Allowed
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Monthly pet rent$30
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One time Fee$300
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Pet Limit2
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Comments:Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.
- Parking
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Street--
- Storage Fees
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Storage Unit$40/mo
Details
Lease Options
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6-12
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Short term lease
Property Information
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Built in 1971
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189 units/2 stories
Matterport 3D Tours
About The Monroe
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 is an apartment community located in Floyd County and the 47150 ZIP Code. This area is served by the New Albany-Floyd County Con Sch attendance zone.
Unique Features
- Access To Hiking And Biking Trails
- Laundry Room
- Pet Friendly With Large Breeds Accepted
- Select Homes With Washer/dry Connections
- On-Site Management
- Outdoor Kitchen & Bbq Area
- Virtual Tours Offered
- Additional Storage
- Sparkling Swimming Pool With Sundeck
- Online Resident Portal
Community Amenities
Pool
Fitness Center
Laundry Facilities
Grill
- Laundry Facilities
- Maintenance on site
- 24 Hour Access
- Fitness Center
- Pool
- Basketball Court
- Walking/Biking Trails
- Sundeck
- Courtyard
- Grill
Apartment Features
Dishwasher
Washer/Dryer Hookup
High Speed Internet Access
Walk-In Closets
- High Speed Internet Access
- Washer/Dryer Hookup
- Heating
- Smoke Free
- Storage Space
- Tub/Shower
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Refrigerator
- Walk-In Closets
- Laundry Facilities
- Maintenance on site
- 24 Hour Access
- Sundeck
- Courtyard
- Grill
- Fitness Center
- Pool
- Basketball Court
- Walking/Biking Trails
- Access To Hiking And Biking Trails
- Laundry Room
- Pet Friendly With Large Breeds Accepted
- Select Homes With Washer/dry Connections
- On-Site Management
- Outdoor Kitchen & Bbq Area
- Virtual Tours Offered
- Additional Storage
- Sparkling Swimming Pool With Sundeck
- Online Resident Portal
- High Speed Internet Access
- Washer/Dryer Hookup
- Heating
- Smoke Free
- Storage Space
- Tub/Shower
- Dishwasher
- Disposal
- Kitchen
- Oven
- Range
- Refrigerator
- Walk-In Closets
| Monday | 8:30am - 5:30pm |
|---|---|
| Tuesday | 8:30am - 5:30pm |
| Wednesday | 8:30am - 5:30pm |
| Thursday | 8:30am - 5:30pm |
| Friday | 8:30am - 5:30pm |
| Saturday | 10am - 5pm |
| Sunday | Closed |
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.
Learn more about living in New Albany| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 5 min | 1.8 mi | |
| Drive: | 16 min | 9.8 mi | |
| Drive: | 15 min | 9.9 mi | |
| Drive: | 17 min | 12.2 mi |
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.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2025. All rights reserved.
Property Ratings at The Monroe
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.
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.
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.
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.
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.
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!!
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.
The property is immaculate! There are great shops and restaurants nearby.
Where to begin… There are bugs in the townhomes and apartments. Including roaches! Management is super rude to speak to, they always respond with an attitude or as if you’re bothering their day. Trash is always piled in the dumpsters, they are never consistent on having it taken out. The units are old and falling apart, dishwasher leaks, cabinets under sinks falling apart. Washer and dryer facility is gross. They never clean it and the machines are constantly broken. The pool is RARELY open because “no one is here” meaning they force the kids to play in 100+ heat on the weekends because they don’t want to open it. (Hours are supposed to be 10-10 but it’s never opened for more than 3 hours IF they decide to be here) They don’t care about their community or residents here, they had no issue towing countless homes vehicles for little petty reasons like expired tags, or the vehicle looking rough. Even though their entire units look ran down and rough, they care more about our cars than the units. This place could have so much potential if other people ran it and CARED about their residents. So basically to sum it up - RUDE office folks, pool is never open because they refuse to be here, BUGS IN UNIT, washing facility is gross, and you can hardly get a hold of anyone because they treat you as an annoyance. Oh and they’ll tow your car before they do something nice for their residents or good for their units. The only reason these sweet families stay, is location and price. But even then, the price needs to decrease due to how poorly this place is ran and how much they make their residents suffer
Property Manager at The Monroe, Responded To This Review
We're truly sorry to hear about your experience. It's important to us that our community members feel heard and valued. We take your concerns about cleanliness, maintenance, and communication seriously. We invite you to come to the office or reach out to us directly so we can discuss these matters further. Your feedback is crucial in helping us improve.
The pool has not been available in the 1 1 /2 years I have been here. The water sometimes tastes awful. Toilet water is always running. "Renovations" were not done properly with drawers and toilet paper holders falling off. There has been a alarm going off in my building for 3 months now.
I have lived here for over a year and they have brand new appliances, Granite countertops, hardwood floor, and new cabinets.
I have been a vendor for many property management companies but none as organized as The Monroe. The most fascinating thing about this staff is they're always responsive to my company.
I’m 9 months into my year lease and let me just say, I have never felt more stressed out, and at an absolute loss for words. So many things have fallen apart and broken. There is a serious problem involving their sewer systems, and they don’t do anything about it. My apartment constantly reeks of the smell, coming from the bathroom. The maintenance is a joke. They check things off as fixed, but never come in to actually fix the problem. I would rather live in a tent at this point. The only thing good about this place so far is the rent price. There’s a reason I’m on this website, and it isn’t to brag. Please find somewhere else to live.
Property Manager at The Monroe, Responded To This Review
Thank you for reaching out, Amber. Due to the nature of your concerns, we feel it would be best if we spoke with you directly. Please stop by the office or give us a call at your earliest convenience.
I’ve called and spoke with the call center they told me that they had opening and they scheduled me an appointment for a viewing on site . Well when I arrived on-site the manager asked how he could help me I told he I was there for an appointment for a viewing, he than walked out and left me with the woman there working, as I’m speaking with the woman giving her my information, he walks out of his office to tell me that the call center is giving out false information there isn’t any availability and there wouldn’t be anytime soon. Now they are saying there are several available! It’s been nothing but a bad experience. I’ve been given the run around so many times!
Property Manager at The Monroe, Responded To This Review
We appreciate your interest in our community and sincerely apologize for any inconvenience that you've experienced. Our availability is subject to change at any given time and we do our best to provide the most accurate information available to us. If you are still seeking a great home in the area, we would be very grateful for the opportunity to discuss your needs and our current availability. Please reach out to us here in the office once more and we'll be happy to speak with you.
I received AWESOME, courteous service this afternoon from Connie. She dealt with my problem in an efficient and pleasant manner.
These apartments are NOT well kept, and have a recurring bed bug problem. There are A LOT of drug problems as well as apartments getting broken into. The tiles in the pool have been broken off and there are holes in the stairs of the pool. Mold, terrible bugs, and loud neighbours. The police are called there on a regular basis and a lot of fights break out. I DO NOT, nor would I ever suggest this as a place to live. The surrounding neighbourhoods on the other hand are quite lovely and I would suggest checking out some of them put if possible. (Just stay away from these apartments)
I toured here and the inside of the apartment was just awful. Moldy ceilings, cracked bathroom vanity and tiles, obvious water damage. Why they would show this apartment I have no clue.
The Monroe Photos
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Main Image
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1BR, 1BA v- 800 SF
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Outdoor Living Area
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Pet Park
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1BR, 1BA - 825 SF - Kitchen
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1BR, 1BA - 825 SF - Living Room
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Models
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1 Bedroom
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1 Bedroom
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2 Bedrooms
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2 Bedrooms
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2 Bedrooms
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The Monroe has one to two bedrooms with rent ranges from $999/mo. to $1,328/mo.
You can take a virtual tour of The Monroe on Apartments.com.
The Monroe is in the city of New Albany. Here you’ll find three shopping centers within 0.7 mile of the property.Five parks are within 10.4 miles, including Falls of the Ohio State Park, Portland Museum, and Kentucky Science Center.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
940 University Woods Dr
New Albany, IN 47150