
Cheap Homes for Rent in New Lisbon, IN from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in New Lisbon.


1307 S Ebright St

1019 N Macedonia Ave

6304 E Piccadilly Rd
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.

6309 E Piccadilly Rd

3425 S Dayton Ave

2815 S Elm St

309 W 11th St
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.

206 W 13th St
New Lisbon, IN Local Guide

How much does it cost to rent a home in New Lisbon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Lisbon 2 Bedroom Homes for Rent | $1,030 | $825 | $1,295 |
| New Lisbon 3 Bedroom Homes for Rent | $1,234 | $750 | $1,699 |
| New Lisbon 4 Bedroom Homes for Rent | $1,467 | $1,100 | $1,777 |
| New Lisbon 6 Bedroom Homes for Rent | $2,125 | $2,125 | $2,125 |
Browse Top Homes for Rent in New Lisbon
Explore New Lisbon
New Lisbon, IN Local Guide
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Cheapest Available New Lisbon Apartments for Rent and Nearby
 The cheapest available apartment rental in New Lisbon, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. Flats at West End in the School neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable New Lisbon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| Flats at West End | 0BR/1.0BA | Studio,1BA | $550 |
| The Crossings | Studio | Studio,1BA | $595 |
Best Value Apartments for Rent in New Lisbon, IN and Nearby
As of April 26, 2026 the best value apartment in the New Lisbon area is the $0.96 price per square foot The Pulse 5628 Model at Crestwood MHC in the starting from $1,499. The second greatest value New Lisbon apartment is the Prime FHB Model at Golden Pebble Estates starting at $1,399 with a $0.89 price per square foot . Here is today’s list of the best values for New Lisbon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crestwood MHC | The Pulse 5628 | 3BR,2BA | $0.96 |
| Golden Pebble Estates | Prime FHB | 3BR,2BA | $0.89 |
| Adam H Bartell Lofts | EXCALIBUR | 2BR,1BA | $0.81 |
| Townehouse Village Apartments | Two Bedroom Gas | 2BR,1.5BA | $1.02 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.70 |
| Grand Avenue Commons | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.89 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| Genesis Apartments | 1BD R | 1BR,1BA | $0.96 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Lisbon, IN Rentals by Map
See the most popular apartments and homes in New Lisbon, IN
Frequently Asked Questions about New Lisbon
What type of rentals are currently available in New Lisbon?
There are currently 53 Apartments for Rent in New Lisbon, IN with pricing that ranges from $250 to $1,994. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Lisbon ranging from $550 to $2,125.
What is the current price range for Rental Homes in New Lisbon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Lisbon ranges from $550 to $2,125 with an average monthly rent of $1,295.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.