
Cheap Homes for Rent in New Middletown, IN from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in New Middletown.


4806 Saddlebrook Ln

4913 Saddlebrook Ln

3416 Kramers Ln

4902 Saddlebrook Ln
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.

4912 Saddlebrook Ln

4908 Saddlebrook Ln

10404 Greentree Ln

2317 Dulworth Dr

1749 Kepley Rd
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.
New Middletown, IN Local Guide

How much does it cost to rent a home in New Middletown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Middletown 2 Bedroom Homes for Rent | $1,164 | $879 | $1,650 |
| New Middletown 3 Bedroom Homes for Rent | $1,559 | $1,295 | $1,899 |
| New Middletown 4 Bedroom Homes for Rent | $2,072 | $1,850 | $2,295 |
Browse Top Homes for Rent in New Middletown
Explore New Middletown
New Middletown, IN Local Guide
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Cheapest Available New Middletown Apartments for Rent and Nearby
 The cheapest available apartment rental in New Middletown, IN is a 1 Bed unit found at Southwood in the South Louisville neighborhood priced from $749. Iroquois Green in the Downtown Louisville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here is today’s list of the most affordable New Middletown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Southwood | 1 Bed, 1 bath | 1BR,1BA | $749 |
| Iroquois Green | 1 Bedroom - Garden Level | 1BR,1BA | $755 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $764 |
Best Value Apartments for Rent in New Middletown, IN and Nearby
As of April 12, 2026 the best value apartment in the New Middletown area is the $1.12 price per square foot B1-60BD Model at Riverport Landing Family Apartments in the in the Riverside Gardens neighborhood starting from $1,201. The second greatest value New Middletown apartment is the 3.2 Model at Woods Of Glen Hill Manor starting at $1,150 with a $1.09 price per square foot in the South Louisville neighborhood. Here is today’s list of the best values for New Middletown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverport Landing Family Apartments | B1-60BD | 2BR,2BA | $1.12 |
| Woods Of Glen Hill Manor | 3.2 | 3BR,2BA | $1.09 |
| Chapman Crossing | 2 Bedroom | 2BR,1BA | $0.80 |
| Greenwood Place Apartments | 2+1 | 2BR,1BA | $1.13 |
| By the Park | Two bedroom | 2BR,1BA | $0.93 |
| Pennacook Pointe | 2 Bedroom | 2BR,1BA | $1.00 |
| Miller Manor Apartments | 2 Bed | 2BR,1BA | $1.11 |
| Newberry Parc | One Bedroom | 1BR,1BA | $0.98 |
| Broadleaf Arms | One Bedroom One Bathroom | 1BR,1BA | $0.96 |
| The San Jose Court Apartment Community | One-bedroom | 1BR,1BA | $1.09 |
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 ArticleThe Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
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 Middletown, IN Rentals by Map
See the most popular apartments and homes in New Middletown, IN
Frequently Asked Questions about New Middletown
What type of rentals are currently available in New Middletown?
There are currently 52 Apartments for Rent in New Middletown, IN with pricing that ranges from $749 to $2,699. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Middletown ranging from $715 to $2,295.
What is the current price range for Rental Homes in New Middletown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Middletown ranges from $715 to $2,295 with an average monthly rent of $1,405.
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

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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.