2142 W US Hwy 40
GreenfieldIN46140
Cheap Homes for Rent in New Palestine, IN from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in New Palestine.
4881 300W
New PalestineIN46163
22 Wilson St
GreenfieldIN46140
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.
140 Wilson Dr
New PalestineIN46163
239 Legends Creek Way
IndianapolisIN46229
16 S Galeston Ave
IndianapolisIN46229
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.
Showing Results 1-6, Page 1 of 1
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 | $1,119 | $850 | $1,550 |
| New Palestine 3 Bedroom Homes for Rent | $1,750 | $1,500 | $2,200 |
| New Palestine 4 Bedroom Homes for Rent | $2,379 | $1,699 | $3,150 |
| New Palestine 5 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
Browse Top Homes for Rent in New Palestine
Explore New Palestine
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. 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 $660. 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 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $660 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $700 |
Best Value Apartments for Rent in New Palestine, IN and Nearby
As of June 22, 2026 the best value apartment in the New Palestine area is the $1.04 price per square foot The Mansion - Three Bedroom Two Bath Model at Paragon Park in the in the Southeast Indianapolis neighborhood starting from $1,399. The second greatest value New Palestine apartment is the Breezewood Model at Redwood Greenfield starting at $1,761 with a $1.34 price per square foot . 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 | $1.04 |
| Redwood Greenfield | Breezewood | 2BR,2BA | $1.34 |
| School 85 | F | 2BR,2BA | $1.24 |
| 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 |
| The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.25 |
| Serenity Park Apartments | NOW LEASING – NEW MANAGEMENT – APARTMENTS GOING... | 2BR,1BA | $1.16 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Reflections I | 1x1 60%ctv | 1BR,1BA | $1.32 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio ,1BA | $1.10 |
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.
Read Article
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 32 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 $1,791.
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 $1,500 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,699 and Four Bedroom Apartments start at $1,585.
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
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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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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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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.