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  • Special offer

    The Monroe

    940 University Woods Dr, New Albany, IN 47150

    • Special offer! Apply today for only $60. Sign a 18 month lease and get TWO months free! Sign a 12 month lease and get ONE month free!
    Apartment building
    1-2 beds
    Pet-friendly

    Available units

    Price may not include required fees and charges
    Price may not include required fees and charges.
    Unit
    , sortable column
    Sqft, sortable columnAvailable, sortable columnBase rent, sorted ascending
    45
    1 bd, 1 ba
    800
    Dec 5
    $999
    14
    1 bd, 1 ba
    800
    Nov 24
    $999
    16
    1 bd, 1 ba
    800
    Dec 26
    $999
    117
    1 bd, 1 ba
    800
    Jan 8
    $999
    179
    1 bd, 1 ba
    800
    Now
    $999
    175
    1 bd, 1 ba
    800
    Now
    $999
    121
    1 bd, 1 ba
    800
    Dec 29
    $999
    126
    1 bd, 1 ba
    800
    Nov 24
    $999
    183
    1 bd, 1 ba
    800
    Now
    $999
    113
    1 bd, 1 ba
    800
    Now
    $999
    129
    1 bd, 1 ba
    800
    Now
    $999
    177
    1 bd, 1 ba
    800
    Now
    $999
    53
    2 bd, 1.5 ba
    1,075
    Now
    $1,029
    7
    2 bd, 1.5 ba
    1,075
    Now
    $1,029
    5
    2 bd, 1.5 ba
    1,075
    Dec 10
    $1,029

    What's special

    Swimming pool
    Cool down on hot days
    This building features access to a pool. Less than 18% of buildings in New Albany have this amenity.
    Luxurious comfort
    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!
    Office hours
    DayOpen hours
    Mon - Fri:8:30 am - 5:30 pm
    Sat:10 am - 5 pm
    Sun:Closed

    Facts, features & policies

    Building Amenities

    Community Rooms
    • Fitness Center
    Other
    • Hookups: Select Homes With Washer/dry Connections
    • Swimming Pool: Sparkling Swimming Pool With Sundeck
    Outdoor common areas
    • Barbecue: Outdoor Kitchen & Bbq Area
    Services & facilities
    • On-Site Maintenance
    • On-Site Management
    • Online Rent Payment: Online Resident Portal
    • Storage Space

    Unit Features

    Appliances
    • Washer/Dryer Hookups: Select Homes With Washer/dry Connections

    Policies

    Parking
    • Off Street Parking: Off-Street Parking
    Pet essentials
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    • DogsAllowed
      Number allowed2
      Monthly dog rent$30
      One-time dog fee$300
    • CatsAllowed
      Number allowed2
      Monthly cat rent$30
      One-time cat fee$300
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    Restrictions
    Breed restrictions may apply. No aggressive breeds. Please contact our Leasing Team for more details.
    Additional details
    Max 2 pets. No weight limit, $30 per month per pet monthly pet rent.

    Special Features

    • Access To Hiking And Biking Trails
    • Courtyard
    • Pet Friendly With Large Breeds Accepted
    • Select Homes With Washer/dry Connections
    • Virtual Tours Offered

    Neighborhood: 47150

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    • Historic Area
      Rich history reflected in architecture, landmarks, and charming old-town character.
      Dining Scene
      From casual bites to fine dining, a haven for food lovers.
      Local Breweries
      Craft breweries and taprooms serve unique local flavors and gatherings.
      Downtown Close
      Proximity to downtown offers quick access to jobs, dining, and culture.
    Skip to the beginning of the carousel

    Across the river from Louisville, New Albany’s 47150 blends a walkable historic core with Ohio River views and easy I-64/265 access for commuters. Expect four-season Ohio River Valley weather: warm, humid summers and crisp, colorful falls. Downtown’s 19th-century streets, the Culbertson Mansion, and the Carnegie Center for Art & History anchor a proud, community-forward vibe. Recent Zillow market trends show a median asking rent around $1,200-1,300 over the past few months, with most rentals ranging roughly $900-1,800 depending on size and location. Daily life revolves around the riverfront amphitheater, the Ohio River Greenway for biking and jogs, and family- and pet-friendly Sam Peden Community Park. Grab coffee at Quills or Coffee Crossing, groceries at Kroger or ALDI, and work out at the YMCA or Planet Fitness; New Albany Plaza and nearby centers cover errands. The dining scene pops at The Exchange Pub + Kitchen, Brooklyn and the Butcher, and local breweries like NABC, with festivals like Harvest Homecoming keeping weekends lively and neighborly.

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    Areas of interest

    Use our interactive map to explore the neighborhood and see how it matches your interests.

    Travel times

    Walk, Transit & Bike Scores

     / 100
    Somewhat Walkable
     / 100
    Bikeable

    Nearby schools in New Albany

    GreatSchools rating

    Frequently asked questions

    What is the walk score of The Monroe?

    The Monroe has a walk score of 59, it's somewhat walkable.

    What schools are assigned to The Monroe?

    The schools assigned to The Monroe include Mount Tabor School, Hazelwood Middle School, and New Albany Senior High School.

    Does The Monroe have in-unit laundry?

    The Monroe has washer/dryer hookups available.

    What neighborhood is The Monroe in?

    The Monroe is in the 47150 neighborhood in New Albany, IN.

    What are The Monroe's policies on pets?

    A maximum of 2 cats are allowed per unit. This building has a one time fee of $300 and monthly fee of $30 for cats. A maximum of 2 dogs are allowed per unit. This building has a one time fee of $300 and monthly fee of $30 for dogs.

    Your dream apartment is waitingOne new unit was recently added to this listing.