Bedroom count
Property type
Last updated on September 6, 2026
Average rent in
New Castle, IN
Average rent in
Last updated on September 6, 2026
Bedroom count
Property type
Median rent
Median rent in New Castle
$882/mo
2%vs previous year
The average rent in New Castle is $882 per month as of September 2026. This is 54% below the national average rent, or $1,017 less per month.
average price per square foot
Total rentals
Available rentals in New Castle
23
for rent on Zumper.com as of September 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 increased by 8% over the last month and have increased by 2% 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 $762, whereas a house costs $1,275. 1-bedroom apartments in New Castle run $745 on average, while 2-bedroom apartments are $900.
Listings | ||||
|---|---|---|---|---|
Studio | $850 | 17% | 62% | |
1 bedroom | $697 | 1% | 4% | |
2 bedroom | $1,150 | No Change | 9% | |
3 bedroom | $1,299 |  2% | 1% | |
4 bedroom | $1,400 | 1% | - |
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 | $762 | 1% | No Change | |
Condos | $895 | 10% | - | |
Houses | $1,275 | 9% | No Change |
Studio
Average rent
$850
Last 30 days
17%
Last year
62%
1 bedroom
Average rent
$697
Last 30 days
1%
Last year
4%
2 bedroom
Average rent
$1,150
Last 30 days
No Change
Last year
9%
3 bedroom
Average rent
$1,299
Last 30 days
2%
Last year
1%
4 bedroom
Average rent
$1,400
Last 30 days
1%
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
$762
Last 30 days
1%
Condos
Average rent
$895
Last 30 days
10%
Houses
Average rent
$1,275
Last 30 days
9%
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
54%lower than the national median
50%lower than the national median
Takeaway
The median rent for all rentals in New Castle, IN is 8% lower than the median rent in Anderson, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$957
$950
28%$1,025
13%$1,452
27%$800
23%$800
28%$1,584
2%$950
2%$900
17%$999
11%$1,950
10%$787
8%Discover rentals in New Castle, IN
2d ago
126 N 10th St, New Castle, IN 47362
2 beds
1 bath
$900
Apartment for rent
44m ago
128 N 16th St, New Castle, IN 47362
2 beds
1 bath
$925
Apartment for rent
2d ago
1410 S 19th St, New Castle, IN 47362
2 beds
1 bath
$950
Apartment for rent
2d ago
716 S 14th St, New Castle, IN 47362
3 beds
1 bath
$975
Apartment for rent
5d+ ago
House for rent in New Castle
2113 S Memorial Dr, New Castle, IN 47362
Studio
0 baths
$1,900
House for rent
3d ago
Apartment for rent in New Castle
701 S 14th St #2B, New Castle, IN 47362
1 bed
1 bath
$865
Apartment for rent
5d+ ago
Apartment for rent in New Castle
1 bed
1 bath
$745
Apartment for rent
Available Jan 4
5d+ ago
House for rent in New Castle
1811 Bundy Ave, New Castle, IN 47362
Studio
0 baths
$675
House for rent
44m ago
128 N 16th St, New Castle, IN 47362
2 beds
1 bath
$925
Apartment for rent
2d ago
126 N 10th St, New Castle, IN 47362
2 beds
1 bath
$900
Apartment for rent
5d+ ago
House for rent in New Castle
902 Vine Street - New Castle #1, New Castle, IN 47362
5 beds
2 baths
$1,450
House for rent
Available Aug 28
5d+ ago
Apartment for rent in New Castle
1218 S 18th St #4, New Castle, IN 47362
1 bed
1 bath
$625
Apartment for rent
Available Sep 29
5d+ ago
House for rent in New Castle
902 Vine Street - New Castle #1, New Castle, IN 47362
5 beds
2 baths
$1,450
House for rent
Available Aug 28
3d ago
634 S Main St, New Castle, IN 47362
1 bed
1 bath
$650
Apartment for rent
5d+ ago
Apartment for rent in New Castle
3052 N Gary St #0140, New Castle, IN 47362
3 beds
2 baths
$1,299
Apartment for rent
5d+ ago
Apartment for rent in New Castle
300 Glenwood Dr #311, New Castle, IN 47362
3 beds
2 baths
$1,225
Apartment for rent
3d ago
Apartment for rent in New Castle
701 S 14th St #2B, New Castle, IN 47362
1 bed
1 bath
$865
Apartment for rent
5d+ ago
Apartment for rent in New Castle
1218 S 18th St #4, New Castle, IN 47362
1 bed
1 bath
$625
Apartment for rent
Available Sep 29
5d+ ago
Apartment for rent in New Castle
716 South 14th Street - New Castle, New Castle, IN 47362
3 beds
1 bath
$975
Apartment for rent
Available Aug 20
5d+ ago
Apartment for rent in New Castle
2404 State Street - 2Unit 2 #2, New Castle, IN 47362
1 bed
1 bath
$625
Apartment for rent
Available Jul 28
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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 $882 per month as of September 5, 2026.
Is rent up or down in New Castle?
Average rent prices in New Castle have increased by 8% over the last month and have increased by 2% since last year.
How does New Castle rent compare to the national average?
Rent in New Castle is 54% below the national average, which means renters are paying approximately $1,017 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 $35,000/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?
February offers the best rental deals in New Castle, with rents running about 23% lower than October's peak prices. This seasonal pattern creates clear timing opportunities for budget-conscious renters.
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).