What's the average rent in New Castle, IN?
Rental Market Trends in New Castle, IN
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in New Castle, IN is $685 per month, which is 65% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$685
-19.4%-$165 decrease month-over-month
-23.9%-$215 decrease year-over-year
AVAILABLE RENTALS
20
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, houses are the most affordable rental option in New Castle, IN at $751 per month, while townhomes are the most expensive at $1,155 per month. Apartments average $799 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $675 |
| 2 Bedrooms | $1,045 |
| 3 Bedrooms | $950 |
| 4 Bedrooms | — |
| All | $685 |
As of June 2026, the average rent for a 1 bedroom rental in New Castle, IN is $675 per month, followed by $1,045 for a 2 bedroom rental, and $950 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,155 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,155 |
As of June 2026, the average rent for a 2 bedroom townhome in New Castle, IN is $1,155 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $650 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $468 |
| 4 Bedrooms | — |
| All | $625 |
As of June 2026, the average rent for a 1 bedroom apartment in New Castle, IN is $650 per month, followed by $950 for a 2 bedroom apartment, and $468 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $751 |
| 3 Bedrooms | $950 |
| 4 Bedrooms | — |
| All | $751 |
As of June 2026, the average rent for a 2 bedroom house in New Castle, IN is $751 per month, followed by $950 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +4% compared to the previous year, which is a +$30 increase.
This year (2026)
Last year (2025)
Rent distribution
58% of rentals have rent of Below $800/month
Rental price range
The price range for rentals is $505 to $1,482.
