Bedroom count
Property type
Last updated on June 8, 2026
Average rent in
New Castle, IN
Average rent in
Last updated on June 8, 2026
Bedroom count
Property type
Median rent
Median rent in New Castle
$720/mo
vs previous year
The average rent in New Castle is $720 per month as of June 2026. This is 63% below the national average rent, or $1,230 less per month.
average price per square foot
Total rentals
Available rentals in New Castle
21
for rent on Zumper.com as of June 2026
Rent price distribution
Share of New Castle rentals at each price point
Rent trends in New Castle, IN
Average rent prices in New Castle have remained the same over the last month and have remained the same since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
New Castle, IN
Rent prices in New Castle vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New Castle is $685, whereas a house costs $1,260. 1-bedroom apartments in New Castle run $685 on average, while 2-bedroom apartments are $900.
Listings | ||||
|---|---|---|---|---|
Studio | $625 |  32% | - | |
1 bedroom | $685 | No Change |  3% | |
2 bedroom | $900 | 3% | 3% | |
3 bedroom | $1,300 | 2% | 18% | |
4 bedroom | $2,595 | 5% | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in New Castle, IN.
Listings | ||||
|---|---|---|---|---|
Apartments | $685 | 1% | No Change | |
Houses | $1,260 | 2% | No Change |
Studio
Average rent
$625
Last 30 days
32%
1 bedroom
Average rent
$685
Last 30 days
No Change
Last year
3%
2 bedroom
Average rent
$900
Last 30 days
3%
Last year
3%
3 bedroom
Average rent
$1,300
Last 30 days
2%
Last year
18%
4 bedroom
Average rent
$2,595
Last 30 days
5%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in New Castle, IN.
Apartments
Average rent
$685
Last 30 days
1%
Houses
Average rent
$1,260
Last 30 days
2%
The table above reflects average rent prices in New Castle, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in New Castle, IN compare to other cities?
Compare median rent prices in New Castle and Anderson by all bedroom counts and property types.
New Castle
63%lower than the national median
51%lower than the national median
Takeaway
The median rent for all rentals in New Castle, IN is 24% lower than the median rent in Anderson, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$950
3%$685
5%$995
5%$1,500
16%$835
19%$935
46%$1,792
8%$950
3%$900
18%$950
4%$1,845
12%$795
Discover rentals in New Castle, IN
1h ago
Apartment for rent in New Castle
316 Glenwood Dr, New Castle, IN 47362
3 beds
2 baths
$445
Apartment for rent
5d+ ago
House for rent in New Castle
1402 Alabama St #1, New Castle, IN 47362
2 beds
1 bath
$795
House for rent
Available Apr 30
5d+ ago
126 N 10th St, New Castle, IN 47362
2 beds
1 bath
$900
Apartment for rent
5d+ ago
Verified
3 beds
1.5 baths
$950
House for rent
2d ago
940 S 15th St, New Castle, IN 47362
1–2 beds
1 bath
$695–$1,075
Apartment for rent
5d+ ago
Apartment for rent in New Castle
1 bed
1 bath
$745
Apartment for rent
Available Jan 4
5d+ ago
Apartment for rent in New Castle
1 bed
1 bath
$745
Apartment for rent
Available Jan 4
5d+ ago
Apartment for rent in New Castle
1 bed
1 bath
$745
Apartment for rent
Available Apr 15
5d+ ago
Verified
3 beds
1.5 baths
$950
House for rent
3d ago
1102 Thornburg St, New Castle, IN 47362
1 bed
1 bath
$685
Apartment for rent
3d ago
Apartment for rent in New Castle
417 S 12th St #D, New Castle, IN 47362
1 bed
1 bath
$685
Apartment for rent
Available Jun 4
4d ago
Apartment for rent in New Castle
1 bed
1 bath
$615
Apartment for rent
Available Jun 3
5d+ ago
Verified
3 beds
1.5 baths
$950
House for rent
3d ago
634 S Main St, New Castle, IN 47362
1 bed
1 bath
$650
Apartment for rent
5d+ ago
126 N 10th St, New Castle, IN 47362
2 beds
1 bath
$900
Apartment for rent
4d ago
Apartment for rent in New Castle
1 bed
1 bath
$615
Apartment for rent
Available Jun 3
5d+ ago
House for rent in New Castle
1402 Alabama St #1, New Castle, IN 47362
2 beds
1 bath
$795
House for rent
Available Apr 30
5d+ ago
Apartment for rent in New Castle
815 Crescent Dr #8, New Castle, IN 47362
1 bed
1 bath
$549
Apartment for rent
Available Jun 6
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Frequently asked questions for New Castle, IN
Quick answers to common questions about the New Castle rental market.
How much is rent in New Castle?
The average rent in New Castle is $720 per month as of June 6, 2026.
Is rent up or down in New Castle?
Average rent prices in New Castle have remained the same over the last month and have remained the same since last year.
How does New Castle rent compare to the national average?
Rent in New Castle is 63% below the national average, which means renters are paying approximately $1,230 less per month.
What salary do I need to afford rent in New Castle?
To comfortably afford rent in New Castle, you'd need to earn approximately $29,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in New Castle?
New Castle's 2025 rental market shows one-bedroom apartments averaging around $670 per month, while two-bedroom units cost around $930 monthly. These figures represent the current market rates across the city's rental inventory.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).