Cheap Apartments for Rent in New Palestine, IN from $400 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Palestine.

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New Palestine, IN Local Guide

Cheapest Available New Palestine Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Palestine, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $470. Serenity Manor 55+ Independent Senior Living in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $715. Here is today’s list of the most affordable New Palestine apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
Serenity Manor 55+ Independent Senior LivingStudioStudio,1BA$715
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
OlivewoodStudioStudio,1BA$780
Spanish OaksStudioStudio,1BA$799
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR,1BA$893
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899
The Life at Belhaven Place1 Bed 1 Bath1BR,1BA$924
Parkhaven Apartments1 Bedroom 1 Bath Apartment1BR,1BA$949
Warren Harbor ApartmentsThe Letterman1BR,1BA$975

Best Value Apartments for Rent in New Palestine, IN and Nearby

As of July 24, 2025 the best value apartment in the New Palestine area is the $1.13 price per square foot HARMONY Model at Sandalwood in the starting from $1,695. The second greatest value New Palestine apartment is the Three Bedroom Two Bath Model at Paragon Park starting at $1,539 with a $1.15 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for New Palestine apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SandalwoodHARMONY3BR,2BA$1.13
Paragon ParkThree Bedroom Two Bath3BR,2BA$1.15
Redwood GreenfieldMeadowood2BR,2BA$1.38
School 85Beautiful Renovated Historic Apartment - 2 bedr...2BR,2BA$1.24
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Warren Harbor ApartmentsThe Walker2BR,2BA$1.37
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.18
Serenity Manor 55+ Independent Senior Living1 Bedroom/1 Bathroom1BR,1BA$1.22
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

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Pet Friendly Lifestyle

Ranked #

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around New Palestine, IN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

36 / 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 Palestine Apartments

What is the Cheapest Studio apartment in New Palestine?

Currently the most affordable Cheap Studio Apartment in New Palestine is at LINCOLN PARK APARTMENTS listed at $645.

How much is rent for a Cheap One Bedroom New Palestine Apartment?

The lowest price for a Cheap One Bedroom New Palestine Apartment is $470 at LINCOLN PARK APARTMENTS.

What is the lowest price for a Cheap Two Bedroom New Palestine Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Palestine is starting from $780 at LINCOLN PARK APARTMENTS.

What is the most affordable New Palestine Three Bedroom Apartment?

The best deal on a cheap New Palestine Three Bedroom Apartment rental is at The Life at Belhaven Place and starts from $1,387.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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.

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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.

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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.