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Affordable & Income-Based Housing in New Albany

New Albany, IN has 26 affordable and income-based housing properties with a total of 1,080 units across the city. With a median rent of $1,026 per month (Census ACS 5-Year), income-based housing can offer meaningful savings for renters here. Of the 6 properties with inspection scores on record, 5 rated excellent and 1 rated good, suggesting generally well-maintained conditions.

26
Properties
1,080
Total units
95/100
Avg HUD score

At a glance

🏠 Affordability
$1,026/mo

Affordability in New Albany, IN

According to Census ACS 5-Year data (2024), the median household income in New Albany is $54,710 annually, and the median gross rent is $1,026 per month. About 45% of residents rent their homes, reflecting a sizable renter population that may benefit from the city's income-restricted housing options.

Census ACS 5-Year
🛡️ Safety
277 / 100k · 2024

Safety

According to the New Albany Police Department's data reported to the FBI Crime Data Explorer, New Albany had a violent crime rate of 277 per 100,000 residents in 2024. Crime rates are not directly comparable across cities due to differences in reporting practices and definitions.

FBI Crime Data Explorer
🚶 Getting around
Walk Score 33 · Car-Dependent

Getting Around New Albany

According to Walk Score, the area around assisted properties in New Albany has a Walk Score of 33 ("Car-Dependent") and a Bike Score of 27. No Transit Score is available. Most errands and trips will likely require a car.

Walk Score
🎓 Schools
12 schools · 2 districts

Schools

New Albany is served by 12 public schools across 2 districts -- including 7 elementary, 2 middle, and 3 high schools -- according to NCES Common Core of Data. Ratings vary by school and district, so renters should check the assigned schools for a specific address.

NCES Common Core of Data
📊 Cost of living
$54,710 median income

Cost of Living in New Albany, IN

The median household income in New Albany is $54,710 per year, according to Census ACS 5-Year data. The median market rent is $1,026 per month, according to the same source, which helps illustrate how much relief income-based housing can offer eligible renters.

The 6 HUD-assisted and income-restricted properties in New Albany span 386 total units, providing options for households who qualify based on income limits set by HUD and program guidelines.

Census ACS 5-Year
🌊 Environment & risk

Environment

All 6 assisted properties in New Albany have been mapped for flood risk. Of those, 1 property falls in a high-risk flood zone. If flood exposure is a concern, ask the property manager or check FEMA's flood map for the specific address before signing a lease.

FEMA · EPA AirNow
HUD Inspection Scoresavg 95/100(6 of 26 scored)
90+ (5)70–89 (1)No score (20)

26 properties on the map

Top-rated properties

Browse all 26 affordable apartments in New Albany→

Other cities in IN

› Affordable housing in Anderson› Bloomington income-based apartments› Income-restricted rentals in Columbus› Elkhart affordable apartments› HUD & Section 8 housing in Evansville› Affordable housing in Fort Wayne› Gary income-based apartments› Income-restricted rentals in Indianapolis› Jasper affordable apartments› HUD & Section 8 housing in Kokomo› Affordable housing in Lafayette› Madison income-based apartments

Your rights & resources

› How HUD & Section 8 housing works› Tenant rights in IN› Housing assistance & waitlists› Free legal aid (LawHelp)› Energy bill help (LIHEAP)

Read more

About Affordable Housing in New Albany, IN

New Albany has 6 HUD-assisted or income-based properties with 386 total units. Of the 6 properties with inspection scores on file, 5 rated excellent and 1 rated good -- a strong overall picture for renters considering this city.

One of those 6 properties falls in a FEMA high-risk flood zone, so it is worth asking about flood insurance requirements and mitigation measures before signing a lease at any specific address.

According to Census ACS 5-Year data (as of 2024), the median gross rent in New Albany is $1,026 per month, and the median household income is $54,710 annually. About 45 percent of households rent rather than own, reflecting a sizeable renter community in the city.

Getting around without a car can be a challenge. Walk Score rates New Albany 33 (Car-Dependent) and 27 for bikeability, so access to a vehicle or reliable transportation is worth factoring into your housing search.

According to NCES Common Core of Data, New Albany is served by 2 school districts with 12 public schools -- 7 elementary, 2 middle, and 3 high schools.

A Closer Look at New Albany

Eligibility & how to apply

Indiana income limits (2026)Indiana public housing authoritiesSection 8 waitlists in Indiana

Helpful guides

How Section 8 Vouchers WorkWhat Is Income-Based Housing?How to Apply for Affordable HousingSection 8 vs. LIHTCUnderstanding HUD Inspection ScoresHow Affordable Housing Waitlists Work
Research: what 22,600 HUD inspection scores reveal →