
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.


2950 W U.S. 52

2950 W U.S. 52
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.

10038 Hawkins Ct

41 Rosemere Ave

10231 Bayton Ct
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
New Palestine, IN Local Guide

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 | $1,395 | $850 | $1,700 |
| New Palestine 3 Bedroom Homes for Rent | $1,555 | $1,000 | $1,905 |
| New Palestine 4 Bedroom Homes for Rent | $2,087 | $1,495 | $2,500 |
| New Palestine 5 Bedroom Homes for Rent | $2,502 | $2,340 | $2,849 |
Browse Top Homes for Rent in New Palestine
Explore New Palestine
New Palestine, IN Local Guide
- New Palestine Neighborhoods
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $470 |
| Serenity Manor 55+ Independent Active Living | Studio | Studio,1BA | $715 |
| Spanish Oaks | Studio | Studio,1BA | $725 |
Best Value Apartments for Rent in New Palestine, IN and Nearby
As of January 29, 2026 the best value apartment in the New Palestine area is the $1.28 price per square foot 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,600. The second greatest value New Palestine apartment is the The Estate - Two Bedroom 1.5 Bath Model at Paragon Park starting at $1,249 with a $1.02 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. |
|---|---|---|---|
| Knoll Ridge Townhomes | 4 Bed, 1.5 bath Townhome | 4BR,1.5BA | $1.28 |
| Paragon Park | The Estate - Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.02 |
| The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1.21 |
| Willow Glen East | 2x1.5 1111 TH | 2BR,1.5BA | $1.20 |
| 60 - ADDISON APARTMENTS | 2nd Floor Standard + W/D Hookups | 2BR,1BA | $0.95 |
| Warren Harbor Apartments | The Luxor | 2BR,2BA | $1.32 |
| LINCOLN PARK APARTMENTS | Two Bedrooms One Bathroom | 2BR,1BA | $0.89 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
| Cumberland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.30 |
| Serenity Manor 55+ Independent Active Living | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.22 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleYour 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 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.
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 49 Apartments for Rent in New Palestine, IN with pricing that ranges from $645 to $2,750. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Palestine ranging from $799 to $2,849.
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 $799 to $2,849 with an average monthly rent of $1,802.
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 $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,905. Four Bedroom Single-Family rentals are also available starting from $1,495 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
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.

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.