Rentometer, Inc. | Data as of 10/23/2025
Floyd County, Indiana, offers a diverse rental landscape that appeals to professionals, families, and students alike. Anchored by vibrant communities such as New Albany, Georgetown, and the historic riverfront town of Madison, the area blends small‑town charm with easy access to the cultural amenities of nearby Louisville, Kentucky. Residents enjoy scenic attractions like the Ohio River waterfront, the rolling hills of Floyds Knobs, and extensive trail networks in Jefferson Vanderburgh Park, making outdoor recreation a daily possibility. The county’s mix of historic neighborhoods, newer developments, and revitalized downtown districts provides a range of housing styles, from modern apartment complexes to charming single‑family homes.
The rental market reflects this variety, with studios typically priced in the $800 range and one‑bedroom apartments averaging around $950, offering both affordability and contemporary amenities. Two‑bedroom units often fall within the $1,200 bracket, while larger three‑bedroom apartments approach the $1,400 range, catering to growing families or roommates seeking extra space. Single‑family houses present comparable options for one‑bedroom renters, with two‑bedroom homes averaging $1,300 and three‑bedroom houses around $1,650. For those desiring spacious living, four‑plus bedroom homes command approximately $2,100, delivering ample room for larger households. This spectrum of price points ensures that prospective tenants can find a fit that matches their lifestyle and budget.
Beyond cost considerations, Floyd County rentals benefit from a strong sense of community and convenient commuting routes, including nearby I‑64 and the Ohio River Bridge for easy travel to the greater Louisville metropolitan area. Proximity to educational institutions, healthcare facilities, and a growing selection of local eateries and shops further enhances the appeal, making Floyd County a welcoming destination for renters seeking a balanced blend of affordability, convenience, and Midwestern charm.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $863 | $830 | $378 - $1,110 | $745 - $1,090 |
| Apartment | 1 Bedroom | $960 | $860 | $549 - $1,720 | $750 - $1,125 |
| Apartment | 2 Bedroom | $1,220 | $1,200 | $849 - $1,670 | $1,100 - $1,395 |
| Apartment | 3 Bedroom | $1,410 | $1,425 | $1,200 - $1,575 | $1,300 - $1,499 |
| House | 1 Bedroom | $863 | $847 | $700 - $1,058 | $700 - $1,058 |
| House | 2 Bedroom | $1,299 | $1,275 | $975 - $1,900 | $1,175 - $1,350 |
| House | 3 Bedroom | $1,669 | $1,695 | $1,172 - $2,400 | $1,395 - $1,850 |
| House | 4+ Bedroom | $2,201 | $2,072 | $1,500 - $4,000 | $1,745 - $2,290 |
In the current period, the average rent in Floyd was $864 for Studio, $949 for 1 Bedroom, $1,244 for 2 Bedroom, $1,618 for 3 Bedroom, and $2,202 for 4+ Bedroom.
Data provided by Rentometer, Inc.