Bedroom count

Property type

Last updated on September 7, 2025

Average rent in
New Castle, IN

Last updated on September 7, 2025

Last updated on September 7, 2025

Bedroom count

Property type

Rent price trends

Rent prices for all bedroom counts and property types in New Castle, IN have remained the same in the last month and have increased by 14% in the last year.

We analyze our inventory and calculate this information on a 30-day rolling basis.

Rent price summary for
New Castle, IN

As of August 2025, the median rent for all bedroom counts and property types in New Castle, IN is $822. This is -59% lower than the national average.

$1.54

average price per square foot

Median rent

$822

increased by14%
over the previous yearvs previous year

Total rentals

21

for rent on Zumper.com

As of August 2025, the median rent for all bedroom counts and property types in New Castle, IN is $822. This is -59% lower than the national average.

$1.54

average price per square foot

Rent ranges

46%
54%
$0-$750$0 - $750
$751-$1,500$751 - $1,500

Households

63%
37%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
New Castle, IN

The monthly rent for an apartment in New Castle, IN is $747. A 1-bedroom apartment in New Castle, IN costs about $699 on average, while a 2-bedroom apartment is $900. Houses for rent in New Castle, IN are more expensive, with an average monthly cost of $1,650.

Comparables

1 bedroom

$697

No Change

5%

2 bedroom

$897

5%

32%

3 bedroom

$1,530

3%

44%

4 bedroom

$1,870

1%

-

Studio

$595

50%

58%

Studio

Average rent

$595

Last 30 days

50%

Last year

58%

1 bedroom

Average rent

$697

Last 30 days

No Change

Last year

5%

2 bedroom

Average rent

$897

Last 30 days

5%

Last year

32%

3 bedroom

Average rent

$1,530

Last 30 days

3%

Last year

44%

4 bedroom

Average rent

$1,870

Last 30 days

1%

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.

Compare rent prices in New Castle, IN to other cities

Median rent prices in New Castle, IN for all bedroom counts and property types compared to Anderson, IN.

New Castle

Median rent price$822
decreased by59%

lower than the national median

Median rent price$925
decreased by54%

lower than the national median

Takeaway

The median rent for all rentals in New Castle, IN is 11% lower than the median rent in Anderson, IN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Anderson

$925

increased by6%

Last year

Cambridge City

$795

N/A

Last year

Chesterfield

$1,110

increased by7%

Last year

Columbus

$1,517

increased by14%

Last year

Connersville

$745

increased by5%

Last year

Daleville

$868

decreased by54%

Last year

Franklin

$1,670

increased by4%

Last year

Kokomo

$959

decreased by2%

Last year

Middletown

$949

decreased by25%

Last year

Muncie

$904

increased by4%

Last year

Pendleton

$2,247

increased by7%

Last year

Richmond

$900

increased by30%

Last year

Apartments for rent in Carmel

Discover rentals in New Castle, IN

815 Crescent Dr #8 - Photo 1 of 1

5d+ ago

Apartment for rent in New Castle

815 Crescent Drive - Unit 8 - 1

815 Crescent Dr #8, New Castle, IN 47362

1 bed

1 bath

$549

Apartment for rent

Available Jun 6

716 S 14th St - Photo 1 of 1

5d+ ago

Apartment for rent in New Castle

716 S 14th St, New Castle, IN 47362

2 beds

1 bath

$850

Apartment for rent

1519 A Avenue - Photo 1 of 1

3d ago

House for rent in New Castle

1519 A Avenue

1519 A Ave, New Castle, IN 47362

3 beds

2 baths

$855

House for rent

Available May 22

1902 Rosemont Ave #B - Photo 1 of 1

5d+ ago

Condo for rent in New Castle

Condo for rent

Available Oct 1

Imperial Apartments - Photo 1 of 1

4d ago

8.3

Very good

Imperial Apartments

126 N 10th St, New Castle, IN 47362

2 beds

1 bath

$900

Apartment for rent

300-302 S 12th St - Photo 1 of 1

3d ago

8.3

Very good

300-302 S 12th St

300 S 12th St, New Castle, IN 47362

2 beds

1 bath

$925

Apartment for rent

1821 Grand Avenue - Photo 1 of 1

4d ago

8.1

Very good

1821 Grand Avenue

1821 Grand Ave, New Castle, IN 47362

2 beds

1 bath

$1,050

Price drop

Apartment for rent

1619 P Ave - Photo 1 of 1

5d+ ago

House for rent in New Castle

House for rent