2207 S Walnut St
MuncieIN47302
Cheap Homes for Rent in New Castle, IN from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in New Castle.
3201 W 26th St
MuncieIN47302
1114 Mourer St
New CastleIN47362
2307 S Jefferson St
MuncieIN47302
2909 S Franklin St
MuncieIN47302
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
2700 E Memorial Dr
MuncieIN47302
101-103 N Redwood Ln
MuncieIN47304
1623 E 20th St
MuncieIN47302
1106 E 22nd St
MuncieIN47302
7206 S Hibiscus Dr
MuncieIN47302
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Showing Results 1-10, 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 a home in New Castle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Castle 2 Bedroom Homes for Rent | $1,076 | $825 | $1,500 |
| New Castle 3 Bedroom Homes for Rent | $1,346 | $1,099 | $1,624 |
| New Castle 4 Bedroom Homes for Rent | $2,086 | $1,777 | $2,395 |
Browse Top Homes for Rent in New Castle
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New Castle, IN Local Guide
- Nearby Cities
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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 in the Anderson neighborhood priced from $250. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. 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 |
| The Haven | 4x4 | 4BR,4BA | $565 |
| Muncie Varsity House | 3 Bed, 3 Bath Plus | 3BR,3BA | $569 |
Best Value Apartments for Rent in New Castle, IN and Nearby
As of July 15, 2026 the best value apartment in the New Castle area is the $1.13 price per square foot Blazer 76 4A Model at Golden Pebble Estates in the in the Henry County neighborhood starting from $1,374. The second greatest value New Castle apartment is the 2x2 Upgrade Model at The Latitude Apartments starting at $1,099 with a $1.20 price per square foot in the North Muncie 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 | Blazer 76 4A | 4BR,2BA | $1.13 |
| The Latitude Apartments | 2x2 Upgrade | 2BR,2BA | $1.20 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.67 |
| Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.70 |
| 424 Lofts | 1 bedroom | 1BR,1BA | $1.09 |
| Hoosier Woods | 1X1 60% | 1BR,1BA | $1.20 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| 1105 Spring St, Unit 1105 | 1105 Spring St | 1BR,1BA | $1.00 |
| 1210 S 25th St, Unit 1210 | 1210 S 25th St | 2BR,1BA | $1.15 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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See the most popular apartments and homes in New Castle, IN
Frequently Asked Questions about New Castle
What type of rentals are currently available in New Castle?
There are currently 70 Apartments for Rent in New Castle, IN with pricing that ranges from $250 to $1,994. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $600 to $2,395.
What is the current price range for Rental Homes in New Castle?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Castle ranges from $600 to $2,395 with an average monthly rent of $1,319.
How much are larger Three and Four Bedroom Rentals in New Castle?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Castle range from $305 to $1,460, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $1,624. Four Bedroom Single-Family rentals are also available starting from $1,777 and Four Bedroom Apartments start at $449.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.