Cheap Apartments for Rent in New Palestine, IN from $400 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-28, Page 1 of 1

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 Studio unit found at LINCOLN PARK APARTMENTS priced from $645. 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 APARTMENTSStudioStudio,1BA$645
Serenity Manor 55+ Independent Active LivingStudioStudio,1BA$715
Willowood EastStudioStudio,1BA$725
Elmtree ParkStudio 1 BathStudio,1BA$755
Serenity Park ApartmentsBecome an Eastsider Today! Get 1 month free on ...1BR,1BA$769
Spanish OaksStudioStudio,1BA$799
Bristol Square1 Bedroom Loft1BR,1BA$860
StonehengeStudioStudio,1BA$895
Lake Marina ApartmentsThe Runabout1BR,1BA$899
Bavarian Village ApartmentsThe Challis 1 BR 1 BA1BR,1BA$906

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

As of October 26, 2025 the best value apartment in the New Palestine area is the $1.12 price per square foot Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,499. The second greatest value New Palestine apartment is the Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 starting at $1,610 with a $1.24 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 ParkThree Bedroom Two Bath3BR,2BA$1.12
School 85Beautiful Renovated Historic Apartment - 2 bedr...2BR,2BA$1.24
60 - ADDISON APARTMENTS1st Floor Standard2BR,1BA$0.95
Greenfield Crossing ApartmentsCobblestone2BR,2BA$1.30
Warren Harbor ApartmentsThe Walker2BR,2BA$1.32
The Life at Belhaven Place2 Bed 2 Bath2BR,2BA$1.25
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Bristol Square1 Bedroom Loft1BR,1.5BA$1.06
Serenity Manor 55+ Independent Active Living1 Bedroom/1 Bathroom1BR,1BA$1.22
Serenity Park ApartmentsBecome an Eastsider Today! Get 1 month free on ...1BR,1BA$1.29

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

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

Explore New Palestine, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Palestine, IN

View Map
New Palestine, IN Apartments Map
View Map
New Palestine, IN Rental Homes Map

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 $769 at Serenity 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

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.

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

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.