Bedroom count
Property type
Last updated on July 23, 2026
Average rent in
New Castle, IN
Average rent in
Last updated on July 23, 2026
Bedroom count
Property type
Median rent
Median rent in New Castle
$695/mo
16%vs previous year
The average rent in New Castle is $695 per month as of July 2026. This is 64% below the national average rent, or $1,250 less per month.
average price per square foot
Total rentals
Available rentals in New Castle
15
for rent on Zumper.com as of July 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 2% over the last month and have decreased by 16% 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 $1,200. 1-bedroom apartments in New Castle run $650 on average, while 2-bedroom apartments are $900.
Listings | ||||
|---|---|---|---|---|
Studio | $625 |  65% | - | |
1 bedroom | $650 | 2% | 5% | |
2 bedroom | $1,025 | 8% | 24% | |
3 bedroom | $1,275 | 8% | 14% | |
4 bedroom | $1,224 | 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 | 2% | No Change | |
Condos | $720 | 14% | - | |
Houses | $1,200 | 14% | No Change |
Studio
Average rent
$625
Last 30 days
65%
1 bedroom
Average rent
$650
Last 30 days
2%
Last year
5%
2 bedroom
Average rent
$1,025
Last 30 days
8%
Last year
24%
3 bedroom
Average rent
$1,275
Last 30 days
8%
Last year
14%
4 bedroom
Average rent
$1,224
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
2%
Condos
Average rent
$720
Last 30 days
14%
Houses
Average rent
$1,200
Last 30 days
14%
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
64%lower than the national median
49%lower than the national median
Takeaway
The median rent for all rentals in New Castle, IN is 29% lower than the median rent in Anderson, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$984
2%$750
$1,153
11%$1,350
2%$717
5%$825
$1,720
6%$929
8%$875
16%$955
3%$1,810
9%$730
16%Discover rentals in New Castle, IN
5d+ ago
Apartment for rent in New Castle
316 Glenwood Dr, New Castle, IN 47362
3 beds
2 baths
$505
Apartment for rent
5d+ ago
House for rent in New Castle
1210 S 25th St #1, New Castle, IN 47362
2 beds
1 bath
$750
House for rent
Available Jun 23
2d ago
Townhouse for rent in New Castle
300 S 12th St #1, New Castle, IN 47362
2 beds
1 bath
$825
House for rent
Available Jul 21
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
2111 Broad St, New Castle, IN 47362
Studio
0 baths
$950
House for rent
5d+ ago
Apartment for rent in New Castle
1 bed
1 bath
$745
Apartment for rent
Available Apr 15
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
1d ago
House for rent in New Castle
2 beds
1 bath
$1,100
House for rent
2d ago
Townhouse for rent in New Castle
300 S 12th St #1, New Castle, IN 47362
2 beds
1 bath
$825
House for rent
Available Jul 21
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
1210 S 25th St #1, New Castle, IN 47362
2 beds
1 bath
$750
House for rent
Available Jun 23
5h ago
634 S Main St, New Castle, IN 47362
1 bed
1 bath
$650
Apartment for rent
5d+ ago
House for rent in New Castle
2111 Broad St, New Castle, IN 47362
Studio
0 baths
$950
House for rent
5d+ ago
Apartment for rent in New Castle
3052 N Gary St #0139, New Castle, IN 47362
4 beds
2 baths
$1,374
Apartment for rent
5d+ ago
Apartment for rent in New Castle
701 S 14th St #5B, New Castle, IN 47362
1 bed
1 bath
$615
Apartment for rent
5d+ ago
House for rent in New Castle
2111 Broad St, New Castle, IN 47362
Studio
0 baths
$950
House for rent
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 $695 per month as of July 18, 2026.
Is rent up or down in New Castle?
Average rent prices in New Castle have increased by 2% over the last month and have decreased by 16% since last year.
How does New Castle rent compare to the national average?
Rent in New Castle is 64% below the national average, which means renters are paying approximately $1,250 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 $28,000/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?
Based on Zumper's July 2026 data, one-bedroom apartments in New Castle average around $670/month and two-bedrooms approximately $930/month.
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).