2142 W US Hwy 40
GreenfieldIN46140
Cheap Homes for Rent in New Palestine, IN from $700 (6 Rentals)
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$8502 Bedroom Apartments Available Now
4881 300W, Unit 8
4881 300WNew Palestine, IN 46163
4881 300W
New PalestineIN46163
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.
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$9252 Bedroom Apartments Available Now
4881 300W, Unit 21
4881 300WNew Palestine, IN 46163
10166 Southeastern Ave
IndianapolisIN46239
15 S Post Rd
IndianapolisIN46219
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.
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New Palestine, IN Local Guide
Town of New Palestine by Chris Flook is licensed under CC BY 4.0
How much does it cost to rent a home in New Palestine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Palestine 2 Bedroom Homes for Rent | $1,148 | $850 | $1,300 |
| New Palestine 3 Bedroom Homes for Rent | $1,886 | $1,525 | $2,300 |
| New Palestine 4 Bedroom Homes for Rent | $2,234 | $1,685 | $3,150 |
| New Palestine 5 Bedroom Homes for Rent | $2,390 | $1,975 | $2,600 |
Browse Top Homes for Rent in New Palestine
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New Palestine, IN Local Guide
- New Palestine Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Elmtree Park in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable New Palestine apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $685 |
| Serenity Manor 55+ Independent Active Living | 1 Bedroom/1 Bathroom | 1BR,1BA | $699 |
Best Value Apartments for Rent in New Palestine, IN and Nearby
As of May 08, 2026 the best value apartment in the New Palestine area is the $1.27 price per square foot The Mansion - Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,699. The second greatest value New Palestine apartment is the The Belmont Model at Country Lake Estates starting at $1,450 with a $1.13 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Paragon Park | The Mansion - Three Bedroom Two Bath | 3BR,2BA | $1.27 |
| Country Lake Estates | The Belmont | 2BR,1.5BA | $1.13 |
| Knoll Ridge Townhomes | 4 Bed, 1.5 bath Townhome | 4BR,1.5BA | $1.28 |
| 60 - ADDISON APARTMENTS | Addison Apts - Gorgeous 2 Bed/1 Bath Apt | 2BR,1BA | $0.96 |
| Reflections I | 2x2 60%cse | 2BR,1BA | $1.22 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Crosswinds | Earhart | 2BR,1BA | $1.28 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.13 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio ,1BA | $1.19 |
Don'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.
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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
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Palestine, IN Rentals by Map
See the most popular apartments and homes in New Palestine, IN
Frequently Asked Questions about New Palestine
What type of rentals are currently available in New Palestine?
There are currently 50 Apartments for Rent in New Palestine, IN with pricing that ranges from $479 to $2,600. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Palestine ranging from $749 to $3,150.
What is the current price range for Rental Homes in New Palestine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Palestine ranges from $749 to $3,150 with an average monthly rent of $1,759.
How much are larger Three and Four Bedroom Rentals in New Palestine?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Palestine range from $1,225 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,685 and Four Bedroom Apartments start at $1,600.
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
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.
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.
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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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.
Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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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.