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$376 - $7991 to 2 Bedroom Apartments Available Now
Grand Avenue Commons
1628 A AveNew Castle, IN 47362
Cheap Apartments for Rent in New Castle, IN from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in New Castle.
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701 S 14th St
New CastleIN47362
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Rent Specials
$250 - $9721 Bedroom Apartments Available Now
The Towers at Southdale Affordable Senior
524 W 53rd StAnderson, IN 46013
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$595 - $679Studio to 1 Bedroom Apartments Available Now
The Crossings
3600 Western AveConnersville, IN 47331
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$600 - $9001 to 2 Bedroom Apartments Contact Us For Availability
River Landing Apartments
2590 W White River BlvdMuncie, IN 47303
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$610 - $1,7491 to 2 Bedroom Apartments Available Now
Vita of Greenfield Independent Living
1581 Community WayGreenfield, IN 46140
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$650 - $1,050Studio to 2 Bedroom Apartments Contact Us For Availability
Bay Terrace Apartments
530 Alhambra DrAnderson, IN 46012
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$673 - $1,1441 to 4 Bedroom Apartments Contact Us For Availability
Hoosier Woods Apartments
3833 Hoosier Woods CtAnderson, IN 46013
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Rent Specials
$699 - $7491 Bedroom Apartments Available Sep 15
The Cedars
1010 W Bethel RdMuncie, IN 47303
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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1419 W 16th St
MuncieIN47302
1500 W 16th St
MuncieIN47302
1705 W 9th St
MuncieIN47302
1818 W 7th St
MuncieIN47302
Showing Results 1-20, Page 1 of 1
New Castle, IN Local Guide
Wind Water Pump and tree by AbbyD11 is licensed under CC BY 2.0
How much does it cost to rent an apartment in New Castle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Castle Studio Apartments | $698 | $595 | $900 |
| New Castle 1 Bedroom Apartments | $896 | $250 | $1,800 |
| New Castle 2 Bedroom Apartments | $1,064 | $459 | $1,850 |
| New Castle 3 Bedroom Apartments | $825 | $350 | $2,515 |
| New Castle 4 Bedroom Apartments | $479 | $350 | $610 |
Browse Top Apartments in New Castle
See all Apartments in New CastleExplore New Castle
New Castle, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New Castle Apartments for Rent and Nearby
The cheapest available apartment rental in New Castle, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Grand Avenue Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $376. Here is today’s list of the most affordable New Castle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $376 |
| Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $549 |
| The Crossings | Studio | Studio,1BA | $595 |
| Vita of Greenfield Independent Living | One Bed - 671 Sqft | 1BR,1BA | $610 |
Best Value Apartments for Rent in New Castle, IN and Nearby
As of July 24, 2025 the best value apartment in the New Castle area is the $0.81 price per square foot 3 Beds, 2 baths Model at Golden Pebble Estates in the starting from $1,276. The second greatest value New Castle apartment is the 2 Bed 1.5 Bath Model at Aspen/Snowmass Townhomes starting at $1,245 with a $1.31 price per square foot in the Westacres neighborhood. Here is today’s list of the best values for New Castle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Golden Pebble Estates | 3 Beds, 2 baths | 3BR,2BA | $0.81 |
| Aspen/Snowmass Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.31 |
| The Latitude | 2 Bed 2 Bath Apartment - Premium | 2BR,2BA | $1.09 |
| Vita of Greenfield Independent Living | Two Bed - 874 Sqft | 2BR,1BA | $0.91 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
| Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.66 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $0.54 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Fox Brook Apartments | 1x1 R | 1BR,1BA | $1.29 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
Quick Rent Budget Calculator
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See the most popular apartments and homes in New Castle, IN
Getting Around New Castle, IN
Walk Score®
30 / 100
Car-Dependent
Most errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap New Castle Apartments
What is the Cheapest Studio apartment in New Castle?
Currently the most affordable Cheap Studio Apartment in New Castle is at The Crossings listed at $595.
How much is rent for a Cheap One Bedroom New Castle Apartment?
The lowest price for a Cheap One Bedroom New Castle Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom New Castle Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Castle is starting from $459 at Grand Avenue Commons.
What is the most affordable New Castle Three Bedroom Apartment?
The best deal on a cheap New Castle Three Bedroom Apartment rental is at Yugo Muncie Varsity House and starts from $549.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.