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  • Primary Photo - The Monroe
  • Matterport 3D Exterior
     - The Monroe
    Building Photo - The Monroe
  • 1BR, 1BA - 825 SF - Living Room - The Monroe
    1BR, 1BA - 825 SF - Dining Area - The Monroe
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Language: English

Open 8:30am - 5pm Today

View All Hours Office Hours Monday - Friday, 8:30am - 5pm Saturday, 10:30am - 3:30pm Sunday, Closed

The Monroe media gallery Unit
call 812-382-3793
Floor Plan View Body
Indiana Floyd County New Albany

The Monroe

940 University Woods Dr, New Albany, IN 47150

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  • Monthly Rent

    $849 - $1,049

  • Bedrooms

    1 - 2 bd

  • Bathrooms

    1 - 1.5 ba

  • Square Feet

    800 - 1,200 sq ft

The Monroe
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Move-in Special

Sign a 12-month lease and receive ONE-MONTH FREE RENT! Plus, we're waiving all admin fees for new applicants. And don't forget—earn a $500 Resident Referral Bonus when you refer a friend who moves in! Contact us today and take advantage of these incredible savings.

Highlights

  • Pool
  • Dog Park

Pricing & Floor Plans

filter results by bedrooms
Cost Calculator: Estimate your monthly and one-time fees.
1 Bedroom and 1 Bathroom
$849 – $949 1 Bed 1 Bath 800 Sq Ft $500 Deposit
Matterport 3D Tour
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 014
    price $849
    square feet 800
    availibility Now
  • Unit 179
    price $949
    square feet 800
    availibility Now
  • Unit 183
    price $949
    square feet 800
    availibility Now
2 Bedroom and 1.5 Bathroom S
$999 2 Beds 1.5 Baths 1,075 Sq Ft $500 Deposit
Matterport 3D Tour
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 025
    price $999
    square feet 1,075
    availibility Now
  • Unit 053
    price $999
    square feet 1,075
    availibility Now
  • Unit 042
    price $999
    square feet 1,075
    availibility Now
2 Bedroom and 1.5 Bathroom L
$1,049 2 Beds 1.5 Baths 1,200 Sq Ft $500 Deposit
Matterport 3D Tour
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 075
    price $1,049
    square feet 1,200
    availibility Now
  • Unit 163
    price $1,049
    square feet 1,200
    availibility Now
  • Unit 161
    price $1,049
    square feet 1,200
    availibility Now
1 Bedroom and 1 Bathroom
$849 – $949 1 Bed 1 Bath 800 Sq Ft $500 Deposit
Matterport 3D Tour
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 014
    price $849
    square feet 800
    availibility Now
  • Unit 179
    price $949
    square feet 800
    availibility Now
  • Unit 183
    price $949
    square feet 800
    availibility Now
2 Bedroom and 1.5 Bathroom S
$999 2 Beds 1.5 Baths 1,075 Sq Ft $500 Deposit
Matterport 3D Tour
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 025
    price $999
    square feet 1,075
    availibility Now
  • Unit 053
    price $999
    square feet 1,075
    availibility Now
  • Unit 042
    price $999
    square feet 1,075
    availibility Now
2 Bedroom and 1.5 Bathroom L
$1,049 2 Beds 1.5 Baths 1,200 Sq Ft $500 Deposit
Matterport 3D Tour
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 075
    price $1,049
    square feet 1,200
    availibility Now
  • Unit 163
    price $1,049
    square feet 1,200
    availibility Now
  • Unit 161
    price $1,049
    square feet 1,200
    availibility Now
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $50
  • Dogs
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $30
    50 lbs. Weight Limit
    Restrictions:
    We are pet friendly! Ask about rules and restrictions for allowable pets!
    Read More Read Less
    Comments
    Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.
    Read More Read Less
  • Cats
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $30
    50 lbs. Weight Limit
    Restrictions:
    We are pet friendly! Ask about rules and restrictions for allowable pets!
    Read More Read Less
    Comments
    Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.
    Read More Read Less
  • Birds
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $30
    50 lbs. Weight Limit
    Restrictions:
    We are pet friendly! Ask about rules and restrictions for allowable pets!
    Read More Read Less
  • Fish
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $30
    50 lbs. Weight Limit
    Restrictions:
    We are pet friendly! Ask about rules and restrictions for allowable pets!
    Read More Read Less
  • Other Pets
    • Monthly Pet Fee
      Max of 2. Charged per pet.
      $30
    50 lbs. Weight Limit
    Restrictions:
    We are pet friendly! Ask about rules and restrictions for allowable pets!
    Read More Read Less

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Details

Lease Options

  • 18 mo
  • Short term lease

Property Information

  • Built in 1971
  • 189 units/2 stories

Matterport 3D Tours

Located at 940 University Woods Dr in New Albany, Indiana, this two-story home offers a well-organized layout spread across two floors. The main level features a living room highlighted by a charming brick accent wall and built-in shelving, adding character and a focal point to the space. Wood-look flooring flows throughout the main level, lending a warm, cohesive feel. The adjacent dining room is bathed in natural light from a sliding glass door that opens to a private backyard, and is accented by an elegant chandelier overhead. The kitchen is thoughtfully appointed with white cabinetry, granite countertops, a stainless steel sink, and a full appliance suite, offering a clean and functional workspace. A full bathroom on the upper level features light wood-look tile flooring, a vanity with granite countertops, and a shower-tub combination. Both bedrooms are located upstairs and feature plush carpeting and windows with blinds that provide natural light. The generously sized primary bedroom includes dual closets with louvered bi-fold doors, offering ample storage. Textured ceilings are present throughout the home. Hallways and a staircase connect the two floors seamlessly, completing this practical and comfortable two-story layout.

2BR, 1.5BA - 1,200SF
1/4
Located at 940 University Woods Dr in New Albany, Indiana, this two-story home offers a well-organized layout spread across two floors. The main level features a living room highlighted by a charming brick accent wall and built-in shelving, adding character and a focal point to the space. Wood-look flooring flows throughout the main level, lending a warm, cohesive feel. The adjacent dining room is bathed in natural light from a sliding glass door that opens to a private backyard, and is accented by an elegant chandelier overhead. The kitchen is thoughtfully appointed with white cabinetry, granite countertops, a stainless steel sink, and a full appliance suite, offering a clean and functional workspace. A full bathroom on the upper level features light wood-look tile flooring, a vanity with granite countertops, and a shower-tub combination. Both bedrooms are located upstairs and feature plush carpeting and windows with blinds that provide natural light. The generously sized primary bedroom includes dual closets with louvered bi-fold doors, offering ample storage. Textured ceilings are present throughout the home. Hallways and a staircase connect the two floors seamlessly, completing this practical and comfortable two-story layout. Located at 940 University Woods Dr in New Albany, Indiana, this one-bedroom, one-bathroom unit offers a practical and well-organized single-floor layout. The living room is a welcoming open space featuring warm wood-look laminate flooring, neutral beige walls, and a textured ceiling. Two windows allow natural light to fill the room, creating a bright and airy atmosphere, with views of the surrounding greenery outside. A double-door closet provides convenient storage directly off the living area.

The kitchen is positioned adjacent to the living space, featuring a functional layout with a peninsula-style counter that separates it from the main living area, offering both workspace and visual connection to the room.

The bedroom is a comfortable, well-proportioned room with soft carpeting, two windows that bring in generous natural light and outdoor views, and a set of louvered double doors leading to a dedicated closet — providing ample storage.

The bathroom is clean and efficiently designed, complete with a full-size soaking tub and shower combination, a toilet, and a vanity with a stone-patterned countertop. Wood-look flooring continues here, maintaining a consistent aesthetic throughout.

A connecting hallway ties all rooms together, and the overall color palette — soft neutrals with white trim — lends the space a clean, move-in-ready feel throughout. Located at 940 University Woods Dr in New Albany, Indiana, this single-story 1-bedroom, 2-bathroom home offers a well-planned layout with comfortable living spaces throughout. The living room is a bright, open area anchored by a sliding glass door that fills the room with natural light and provides views of the surrounding community. Wood-look vinyl flooring runs through the main living areas, adding a clean, modern aesthetic with easy maintenance.

The kitchen is efficiently designed in a U-shaped configuration, featuring crisp white cabinetry, granite countertops, stainless steel appliances including a dishwasher, range, and refrigerator, and wood-look flooring that ties seamlessly into the main living space.

The bedroom is generously sized, with soft wall-to-wall carpeting, a window offering natural light, a textured ceiling, and notably, dual closets with louvered bi-fold doors providing ample storage.

Both bathrooms are finished with granite-topped vanities and wood-look flooring. The full bathroom includes a tub-shower combination with white tile surround and white cabinetry, while the second bathroom features a large vanity countertop with a framed mirror. Neutral warm-toned walls throughout create a cohesive and inviting atmosphere across the entire home. Located at 940 University Woods Dr in New Albany, Indiana, this two-story home offers a thoughtfully organized layout spread across two floors. The main level features a spacious living room with wood-look luxury vinyl plank flooring that flows throughout, bathed in natural light from a sliding glass door that opens to a view of the surrounding greenery. The kitchen is well-equipped with white shaker-style cabinetry, granite countertops, stainless steel appliances including a range, dishwasher, and refrigerator, complemented by a drop ceiling with flush lighting and durable LVP flooring. Hallways on the main floor provide seamless connectivity between rooms. Upstairs, the two bedrooms are finished with plush wall-to-wall carpeting and neutral toned walls, creating a comfortable and restful atmosphere. The generously sized primary bedroom features a built-in closet with louvered bifold doors, providing ample storage. The second bedroom also benefits from natural light through a window with blinds. A full bathroom serves the upper level. A staircase connects both floors efficiently. Throughout the home, clean white trim, neutral paint tones, and consistent finishes contribute to a cohesive and move-in-ready aesthetic.
1/2

About The Monroe

Welcome Home to The Monroe!

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.

Contact

View Property Website
Language: English
Open 8:30am - 5pm Today
  • Monday - Friday, 8:30am - 5pm
  • Saturday, 10:30am - 3:30pm
  • Sunday, Closed
Property Management Company Logo

Community Amenities

  • Fitness Center
  • Pool
  • Dog Park

Apartment Features

Air Conditioning

High Speed Internet Access

Smoke Free

Cable Ready

  • High Speed Internet Access
  • Air Conditioning
  • Smoke Free
  • Cable Ready
Location
940 University Woods Dr, New Albany,
IN 47150
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
| Edit
Edit Commute

Destination is required

Under 30 minutes

Commute Time is calculated at rush hour.
City - New Albany

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 
Amenities
  • Dog Park
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Air Conditioning
  • Smoke Free
  • Cable Ready
Expenses
Recurring
Bird Rent $30
Cat Rent $30
Dog Rent $30
Fish Rent $30
Other Rent $30
Office Hours
Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm
Saturday 10:30am - 3:30pm
Sunday Closed
812-382-3793
Education
Colleges & Universities Distance
Colleges & Universities Distance
Indiana Univ, Southeast, Main
Drive: 5 min 1.8 mi
Jefferson Comm. & Tech., JTC
Drive: 16 min 9.8 mi
Indiana Univ. SE, Grad Ctr
Drive: 15 min 9.9 mi
Jefferson Comm. & Tech., DC
Drive: 17 min 12.2 mi
The Monroe is within 5 minutes or 1.8 miles from Indiana Univ, Southeast, Main. It is also near Indiana Univ. SE, Grad Ctr and Jefferson Comm. & Tech., DC.
Schools
  • Public Schools
  • Private Schools
Mount Tabor School
Public Elementary School
Grades PK-5
557 Students
Attendance Zone
Hazelwood Middle School
Public Elementary & Middle School
Grades K-8
857 Students
Attendance Zone
Clarksville Elementary School
Public Elementary School
Grades PK-5
615 Students
Nearby
Community Montessori
Public Elementary, Middle & High School
Grades PK-12
506 Students
Nearby
New Albany Senior High School
Public High School
Grades 9-12
1,812 Students
Attendance Zone
Our Lady Of Perpetual Help School
Private Elementary & Middle School
Grades PK-8
386 Students
Nearby
Christian Academy Of Indiana
Private Elementary, Middle & High School
Grades K-12
723 Students
Nearby
School data provided by 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 © 2026. All rights reserved.
Transportation

The Monroe is near Louisville Muhammad Ali International, located 18.3 miles or 29 minutes away.

Airports Distance
Airports Distance
Louisville Muhammad Ali International
Drive: 29 min 18.3 mi
Getting Around
Fairly Walkable
Walkability
40 / 100
Limited Public Transit
Transit
20 / 100
Exceptionally Drivable
Drivability
100 / 100
Fairly Bikeable
Bikeability
40 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Calm
Soundscore™
81 / 100

Traffic

Calm

Airport

Calm

Businesses

Active

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from The Monroe.

Shopping Centers Distance
Shopping Centers Distance
Grant Line Center
Walk: 6 min 0.3 mi
Grant Line Center
Walk: 8 min 0.5 mi
Grant Line Station
Walk: 10 min 0.6 mi
The Monroe has 3 shopping centers within 0.6 mile, which is about a 10-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Portland Museum
Drive: 14 min 8.2 mi
Kentucky Science Center
Drive: 17 min 9.6 mi
Louisville Zoo
Drive: 16 min 9.6 mi
Chickasaw Park
Drive: 18 min 9.9 mi
Falls of the Ohio State Park
Drive: 16 min 10.4 mi
The Monroe has 5 parks within 10.4 miles, including Falls of the Ohio State Park, Portland Museum, and Kentucky Science Center.
Hospitals Distance
Hospitals Distance
Physicians Medical Center
Drive: 5 min 1.9 mi
Baptist Health Floyd
Drive: 8 min 4.5 mi
Norton Clark Hospital
Drive: 14 min 9.1 mi
The Monroe has 3 hospitals within 9.1 miles, the nearest is Physicians Medical Center which is 1.9 miles away and a 5 minute drive.
Military Bases Distance
Military Bases Distance
Louisville Naval Ordinance Station
Drive: 30 min 18.5 mi
Fort Knox Flaherty
Drive: 53 min 35.7 mi
Fort Knox
Drive: 53 min 37.6 mi
The Monroe has 3 military bases within 37.6 miles, the nearest is Louisville Naval Ordinance Station which is 18.5 miles away and a 30 minute drive.
 
 

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The Monroe Photos

  • The Monroe

  • 2BR, 1.5BA - 1,200SF

  • 1BR, 1BA - 825 SF - Living Room

  • 1BR, 1BA - 825 SF - Dining Area

  • Main Image

  • Pet Park

  • 1BR, 1BA - 825 SF - Bedroom

Models

  • 1 Bedroom

  • 1 Bedroom

  • 1BR, 1BA - 800SF

  • 1BR, 1BA - 800SF

  • 2 Bedrooms

  • 2BR, 1.5BA - 1,075SF

Nearby Apartments

Within 50 Miles of The Monroe

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  • Lakeview

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  • Carrington Place

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    $1,054 - $1,119

    1-2 Br 5.3 mi

  • The Edison

    1512 10th St

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    $849 - $949

    1-2 Br 5.4 mi

  • Indigo at the Park

    518 Iroquois Gardens Dr

    Louisville, KY 40214

    $849 - $999

    1-2 Br 12.0 mi

  • Radius West

    9800 Starlet Dr

    Fairdale, KY 40118

    $1,049 - $1,139

    2 Br 15.5 mi

Frequently Asked Questions
Does The Monroe have in-unit laundry?

The Monroe does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.

What utilities are included in rent at The Monroe?

Utilities are not included in rent. Residents should plan to set up and pay for all services separately.

Is parking available at The Monroe?

Contact this property for parking details.

Which floor plans are available, and what are the price ranges?

The Monroe has one to two-bedrooms with rent ranges from $849/mo. to $1,049/mo.

Is The Monroe pet-friendly?

Yes, The Monroe welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at The Monroe?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $849 for a one-bedroom, you would need to earn about $33,960 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does The Monroe have move-in specials?

The Monroe is offering Specials for eligible applicants, with rental rates starting at $849.

Does The Monroe offer Matterport 3D tours?

Yes! The Monroe offers 4 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.

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940 University Woods Dr

New Albany, IN 47150

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