
Cheap Homes for Rent in New Point, IN from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in New Point.


106 W Pennsylvania St

392 W Broadway St

316 E Franklin St

108 W Pennsylvania St
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.

220 N Vine St

216 Progress Rd

106 W Broadway St

401 Harrison Ave

309 W 11th St
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.

1191 W Michelle Way

640 S Darlene Way

1178 W Jason Way

713 Indiana Ave

227 W 3rd St
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 Point, IN Local Guide

How much does it cost to rent a home in New Point?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Point 2 Bedroom Homes for Rent | $1,106 | $695 | $1,500 |
| New Point 3 Bedroom Homes for Rent | $1,958 | $1,099 | $6,995 |
| New Point 4 Bedroom Homes for Rent | $4,320 | $1,375 | $5,625 |
| New Point 5 Bedroom Homes for Rent | $6,442 | $5,000 | $8,995 |
| New Point 6 Bedroom Homes for Rent | $5,333 | $5,333 | $5,333 |
Browse Top Homes for Rent in New Point
Explore New Point
New Point, IN Local Guide
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Cheapest Available New Point Apartments for Rent and Nearby
 The cheapest available apartment rental in New Point, IN is a Studio unit found at The Crossings priced from $595. The Annex of Columbus has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable New Point apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Crossings | Studio | Studio,1BA | $595 |
| The Annex of Columbus | 2 Bed 2 Bath | 2BR,2BA | $625 |
| Applegate | Studio | Studio,1BA | $819 |
| Emberwood Apartments | One Bedroom One Bathroom | 1BR,1BA | $975 |
| Loper Commons | One Bedroom Apartment I | 1BR,1BA | $994 |
Best Value Apartments for Rent in New Point, IN and Nearby
As of April 26, 2026 the best value apartment in the New Point area is the $1.10 price per square foot 4BR Upstairs Model at Arbor at Water's Edge in the in the Downtown Columbus IN neighborhood starting from $1,597. The second greatest value New Point apartment is the Two Bedroom Two Bath Model at Stonegate starting at $1,359 with a $1.26 price per square foot in the Downtown Columbus IN neighborhood. Here is today’s list of the best values for New Point apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arbor at Water's Edge | 4BR Upstairs | 4BR,2BA | $1.10 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.26 |
| The Enclave Apartments | T.HOME | 2BR,2BA | $1.42 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1.22 |
| Miamiview Apartments | 2 BR/1.5 BA (Ph 1-3) | 2BR,1.5BA | $1.33 |
| Newly Renovated Apartments | 2 bed 1 bath | 2BR,1BA | $1.24 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Briarwood of Columbus | One Bedroom Apartment | 1BR,1BA | $1.44 |
| Emberwood Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.38 |
| The Annex of Columbus | 2 Bed 2 Bath | 2BR,2BA | $0.90 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 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 Point, IN Rentals by Map
See the most popular apartments and homes in New Point, IN
Frequently Asked Questions about New Point
What type of rentals are currently available in New Point?
There are currently 45 Apartments for Rent in New Point, IN with pricing that ranges from $399 to $2,968. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Point ranging from $525 to $8,995.
What is the current price range for Rental Homes in New Point?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Point ranges from $525 to $8,995 with an average monthly rent of $3,305.
How much are larger Three and Four Bedroom Rentals in New Point?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Point range from $1,200 to $2,968, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,099 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $399.
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

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.