Rentometer, Inc. | Data as of 10/23/2025
New Albany, Ohio, is celebrated for its thoughtfully planned neighborhoods, top‑rated schools, and vibrant community spaces, making it a highly sought‑after destination for renters seeking a blend of suburban tranquility and urban convenience. The city’s rental market accommodates a diverse range of preferences, from sleek one‑bedroom apartments near the historic downtown square to spacious family homes nestled in leafy subdivision pockets such as the renowned Trailside and Rosedale communities. Proximity to the Columbus Metro Park system, the scenic Olentangy River, and cultural attractions like the New Albany Arboretum adds a distinctive lifestyle appeal for professionals, students, and growing families alike.
Apartment seekers will find a strong selection of modern units, many featuring updated interiors and amenities, with average rents hovering in the $1800s and median figures close to $1900 for one‑bedroom layouts. Two‑bedroom apartments typically fall within the $2500 range, reflecting the city’s balance of quality and affordability. For renters needing more space, New Albany’s larger housing stock includes four‑plus bedroom homes that command premium rates, with average rents in the $5,800s and median prices approaching $6,900, underscoring the value placed on expansive floor plans, private yards, and easy access to top‑tier school districts.
Beyond housing, New Albany offers an engaging mix of dining, boutique shopping, and recreational opportunities, including the popular Rookwood Village and the expansive Alum Creek Metro Park. These amenities, combined with a strong sense of community and easy commutes to Columbus, continue to drive robust demand for rentals, positioning New Albany as a premier Ohio market for both short‑term stays and long‑term residence.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,877 | $1,892 | $1,585 - $2,187 | $1,778 - $1,932 |
| Apartment | 2 Bedroom | $2,555 | $2,501 | $2,284 - $2,965 | $2,497 - $2,706 |
| House | 4+ Bedroom | $5,898 | $5,947 | $4,495 - $7,500 | $4,499 - $7,000 |
In the current period, the average rent in New Albany was $1,878 for 1 Bedroom, $2,556 for 2 Bedroom, and $6,130 for 4+ Bedroom.
Data provided by Rentometer, Inc.