Cheap Apartments for Rent in New Castle, IN
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Apartments For Rent Near New Castle, IN
We found 9 more apartments matching your filters just outside New Castle
Average Rent Trends in New Castle, IN
Rent in New Castle, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $895 |
| Jan 2026 | $870 |
| Feb 2026 | $870 |
| Mar 2026 | $945 |
| Apr 2026 | $945 |
| May 2026 | $945 |
| Jun 2026 | $885 |
| Jul 2026 | $700 |
| Aug 2026 | $802 |
| Sep 2026 | $925 |
| Oct 2026 | $850 |
| Nov 2026 | $850 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $745 | $990 | $1,225 | — | $870 |
| Apartments and Condos | $745 | $865 | $1,225 | — | $780 |
| Houses | — | $1,050 | $1,100 | — | $1,100 |
Frequently Asked Questions about Rentals in New Castle, IN
- What is the average rent of an apartment in New Castle, IN?The average rent of an apartment in New Castle, IN is $863 per month. This is about 55% lower than the national average.
- What are the cheapest months to find an apartment to rent in New Castle, IN?Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $800 per month.
- How many cheap apartments are available in New Castle, IN?There are 15 apartments to rent that are cheaper than the city’s average rent of $870.
- When is the average rent most expensive in New Castle, IN?In the last year, the average rent in New Castle, IN was highest in May 2025 when it was $900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in New Castle, IN?The average rent of a 1 bedroom apartment in New Castle, IN is $745 per month. That is about $95 more than the cost of a studio apartment.
- What are some neighborhoods in New Castle, IN?
- What are some zip codes in New Castle, IN?New Castle, IN includes zip codes such as: 47362.
- What are some cities near New Castle, IN?Some nearby cities include: Mount Summit, Greensboro, Sulphur Springs, Cadiz, Mooreland. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en New Castle, IN - 38 Rentas | Trulia