1500 W 16th St
MuncieIN47302
Cheap Homes for Rent in New Castle, IN from $500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in New Castle.
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.
1705 W 9th St
MuncieIN47302
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
1818 W 7th St
MuncieIN47302
Showing Results 1-3, 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 | $1,020 | $700 | $1,350 |
| New Castle 3 Bedroom Homes for Rent | $1,115 | $850 | $1,300 |
| New Castle 4 Bedroom Homes for Rent | $1,150 | $1,150 | $1,150 |
Browse Top Homes for Rent in New Castle
Explore New Castle
New Castle, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in New Castle, IN and Nearby
As of July 31, 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 3x1.5 R Model at Canterbury Townhomes starting at $1,438 with a $1.11 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 |
| Canterbury Townhomes | 3x1.5 R | 3BR,1.5BA | $1.11 |
| Aspen/Snowmass Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.31 |
| Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
| Silvertree Communities | Silvertree 2bd | 2BR,1BA | $0.66 |
| Cedar Ridge Townhomes | The Fir | 2BR,1BA | $1.20 |
| Grand Avenue Commons | 1 Bed, 1 bath | 1BR,1BA | $0.54 |
| Vita of Greenfield Independent Living | One Bed - 671 Sqft | 1BR,1BA | $1.20 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
Quick Rent Budget Calculator
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.
Let everyone know!
Do you know the New Castle area?
If you’re an expert on all things New Castle, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about New Castle
What type of rentals are currently available in New Castle?
There are currently 69 Apartments for Rent in New Castle, IN with pricing that ranges from $250 to $2,515. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $550 to $1,350.
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 $550 to $1,350 with an average monthly rent of $993.
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 $350 to $2,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,300. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $350.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.