Cheap Homes for Rent in New Palestine, IN from $900 (8 Rentals)

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 Senior 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 Senior LivingStudioStudio,1BA$715
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769

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

As of July 24, 2025 the best value apartment in the New Palestine area is the $1.13 price per square foot HARMONY Model at Sandalwood in the starting from $1,695. The second greatest value New Palestine apartment is the Three Bedroom Two Bath Model at Paragon Park starting at $1,539 with a $1.15 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.
SandalwoodHARMONY3BR,2BA$1.13
Paragon ParkThree Bedroom Two Bath3BR,2BA$1.15
Redwood GreenfieldMeadowood2BR,2BA$1.38
School 85Beautiful Renovated Historic Apartment - 2 bedr...2BR,2BA$1.24
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Warren Harbor ApartmentsThe Walker2BR,2BA$1.37
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$1.18
Serenity Manor 55+ Independent Senior Living1 Bedroom/1 Bathroom1BR,1BA$1.22
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

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Frequently Asked Questions about New Palestine

What type of rentals are currently available in New Palestine?

There are currently 45 Apartments for Rent in New Palestine, IN with pricing that ranges from $481 to $3,139. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Palestine ranging from $925 to $2,799.

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 $925 to $2,799 with an average monthly rent of $1,901.

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 $2,155, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,310. Four Bedroom Single-Family rentals are also available starting from $1,520 and Four Bedroom Apartments start at $1,426.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.