
Cheap Homes for Rent in New Palestine, IN from $829 (10 Rentals)
Search the lowest-cost Homes available for rent right now in New Palestine.


2950 W U.S. 52, Unit 9

113 W 5th St

570 US-52

6447 S Franklin Rd
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906 W South St

100 N Muessing St

10049 Hawkins Ct

18 Hough St

15 S Post Rd
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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 | $1,089 | $949 | $1,300 |
| New Palestine 3 Bedroom Homes for Rent | $1,990 | $1,495 | $3,800 |
| New Palestine 4 Bedroom Homes for Rent | $2,290 | $1,900 | $3,490 |
| New Palestine 5 Bedroom Homes for Rent | $2,409 | $2,299 | $2,600 |
Browse Top Homes for Rent in New Palestine
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New Palestine, IN Local Guide
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Best Value Homes for Rent in New Palestine, IN and Nearby
As of September 22, 2026 the best value rental home in the New Palestine area is the $0.64 price per square foot 2323 S Moeller Cir Model at 2323 S Moeller Cir in the Southeast Indianapolis neighborhood starting from $3,490. The second greatest value New Palestine rental home is the 2302 S Stonehill Wy Model at 2302 S Stonehill Wy in the Southeast Indianapolis neighborhood starting at $2,600 with a $0.84 price per square foot. Here is today’s list of the best values for New Palestine homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2323 S Moeller Cir | 2323 S Moeller Cir | 4BR, 2.5BA | $0.64 |
| 2302 S Stonehill Wy | 2302 S Stonehill Wy | 5BR, 3.5BA | $0.84 |
| 10718 Pavilion Dr | 10718 Pavilion Dr | 4BR, 2.5BA | $0.82 |
| 3214 S Dendle Dr | 3214 S Dendle Dr | 4BR, 2.5BA | $0.91 |
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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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.
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 53 Apartments for Rent in New Palestine, IN with pricing that ranges from $482 to $2,600. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Palestine ranging from $829 to $3,800.
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 $829 to $3,800 with an average monthly rent of $1,847.
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 $1,199 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,900 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

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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.

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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.
Articles, How-To's, and Tips

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.