Bedroom count
Property type
Last updated on October 22, 2026
Average rent in
New Castle, IN
Average rent in
Last updated on October 22, 2026
Bedroom count
Property type
Median rent
Median rent in New Castle
$847/mo
8%vs previous year
The average rent in New Castle is $847 per month as of October 2026. This is 55% below the national average rent, or $1,052 less per month.
average price per square foot
Total rentals
Available rentals in New Castle
24
for rent on Zumper.com as of October 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 decreased by 17% over the last month and have decreased by 8% 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 $745, whereas a house costs $1,250. 1-bedroom apartments in New Castle run $722 on average, while 2-bedroom apartments are $1,095.
Listings | ||||
|---|---|---|---|---|
Studio | $1,900 |  293% | 1808% | |
1 bedroom | $722 | 1% | No Change | |
2 bedroom | $1,125 | 1% | 12% | |
3 bedroom | $1,299 | 1% | 8% | |
4 bedroom | $1,748 | 3% | 34% |
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 | $745 | 3% | 8% | |
Houses | $1,250 | 63% | 28% |
Studio
Average rent
$1,900
Last 30 days
293%
Last year
1808%
1 bedroom
Average rent
$722
Last 30 days
1%
Last year
No Change
2 bedroom
Average rent
$1,125
Last 30 days
1%
Last year
12%
3 bedroom
Average rent
$1,299
Last 30 days
1%
Last year
8%
4 bedroom
Average rent
$1,748
Last 30 days
3%
Last year
34%
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
$745
Last 30 days
3%
Last year
8%
Houses
Average rent
$1,250
Last 30 days
63%
Last year
28%
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
55%lower than the national median
49%lower than the national median
Takeaway
The median rent for all rentals in New Castle, IN is 13% lower than the median rent in Anderson, IN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$975
8%$945
$906
17%$1,650
25%$775
28%$906
18%$1,685
7%$971
4%$906
16%$999
75%$1,942
4%$900
1%Discover rentals in New Castle, IN
5d+ ago
Apartment for rent in New Castle
325 S 12th St #2, New Castle, IN 47362
2 beds
1 bath
$750
Apartment for rent
Available Sep 29
5d+ ago
1410 S 19th St, New Castle, IN 47362
2 beds
1 bath
$850
Price droppedApartment for rent
3d ago
716 S 14th St, New Castle, IN 47362
3 beds
1 bath
$975
Apartment for rent
14h ago
House for rent in New Castle
1352 Short St, New Castle, IN 47362
2 beds
1 bath
$1,050
House for rent
5d+ ago
House for rent in New Castle
2123 S Memorial Dr, New Castle, IN 47362
Studio
0 baths
$28,800
House for rent
2d ago
Apartment for rent in New Castle
1 bed
1 bath
$745
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Jan 11
5d+ ago
Apartment for rent in New Castle
1 bed
1 bath
$745
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Feb 10
5d+ ago
Apartment for rent in New Castle
1 bed
1 bath
$745
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Oct 19
3d ago
126 N 10th St, New Castle, IN 47362
1–2 beds
1 bath
$850–$950
Apartment for rent
5d+ ago
1410 S 19th St, New Castle, IN 47362
2 beds
1 bath
$850
Price droppedApartment for rent
5d+ ago
House for rent in New Castle
702 S 11th St #1, New Castle, IN 47362
3 beds
1 bath
$1,100
House for rent
Available Oct 9
5d+ ago
Apartment for rent in New Castle
325 S 12th St #2, New Castle, IN 47362
2 beds
1 bath
$750
Apartment for rent
Available Sep 29
1d ago
Apartment for rent in New Castle
701 S 14th St #5A, New Castle, IN 47362
1 bed
1 bath
$600
Apartment for rent
4d ago
Apartment for rent in New Castle
3061 N Betty Jean Ln #0122, New Castle, IN 47362
3 beds
2 baths
$1,289
Apartment for rent
5d+ 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
701 S 14th St #3A, New Castle, IN 47362
1 bed
1 bath
$600
Apartment for rent
1d ago
Apartment for rent in New Castle
701 S 14th St #5A, New Castle, IN 47362
1 bed
1 bath
$600
Apartment for rent
1d ago
712 Spring St, New Castle, IN 47362
1 bed
1 bath
$695
Price droppedApartment for rent
5d+ ago
1410 S 19th St, New Castle, IN 47362
2 beds
1 bath
$850
Price droppedApartment for rent
5d+ ago
Apartment for rent in New Castle
701 S 14th St #3A, New Castle, IN 47362
1 bed
1 bath
$600
Apartment for rent
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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 $847 per month as of October 17, 2026.
Is rent up or down in New Castle?
Average rent prices in New Castle have decreased by 17% over the last month and have decreased by 8% since last year.
How does New Castle rent compare to the national average?
Rent in New Castle is 55% below the national average, which means renters are paying approximately $1,052 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 $34,000/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).