Cheap Apartments for Rent in New Palestine, IN from $400 (43 Rentals)

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

property at 2950 US-52

$850

2 Bedroom Rentals

Available Now

2950 US-52

New PalestineIN46163
property at 4881 300W

$850

2 Bedroom Rentals

Available Now

4881 300W

New PalestineIN46163

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Freeman Apartments
1 to 2 Bedroom Apartments

Freeman Apartments

9117 Briergate CtIndianapolis, IN 46229
  • Utilities Included
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School 85
1 to 2 Bedroom Apartments

School 85

338 S Arlington AveIndianapolis, IN 46219
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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 Active 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 Active LivingStudioStudio,1BA$715
Spanish OaksStudioStudio,1BA$725
The Vineyards Apartment HomesStudio ClassicStudio,1BA$799
Bristol Square1 Bedroom Loft1BR,1BA$860
Lake Marina ApartmentsThe Runabout1BR,1BA$899
Parkhaven Apartments1.11BR,1BA$899
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR,1BA$913
Warren Harbor ApartmentsThe York1BR,1BA$925
English Village ApartmentsClassic One Bedroom Apartment Home1BR,1BA$929

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

As of January 24, 2026 the best value apartment in the New Palestine area is the $1.02 price per square foot The Estate - Two Bedroom 1.5 Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,249. The second greatest value New Palestine apartment is the 3 Bed 2 Bath Model at The Life at Belhaven Place starting at $1,425 with a $1.21 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.
Paragon ParkThe Estate - Two Bedroom 1.5 Bath2BR,1.5BA$1.02
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.21
Willow Glen East2x1.5 1111 TH2BR,1.5BA$1.20
Greenfield Knoll Apartments2 Bed/ 1.5 Bath TH2BR,1.5BA$1.25
Country Lake TownhomesThe Prince2BR,1.5BA$1.35
Warren Harbor ApartmentsThe Luxor2BR,2BA$1.32
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Bristol Square1 Bedroom Loft1BR,1.5BA$1.06
Cumberland Manor2 Bedroom 1 Bath2BR,1BA$1.30
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$1.22

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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

Explore New Palestine, IN Rentals by Map

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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 Bristol Square and starts from $1,225.

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.

Helpful Local Expert Guides

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

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.