
Cheap Homes for Rent in Newtown, IN from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Newtown.


1008 North St

1318 South St

2835 Plaza Ln

Remodeled 2 Bedroom Duplex

101 Aspen Dr
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.

213 S 9th St

549 S 3rd St

1611 Grove St

1817 Kraig Dr

1815 Kraig Dr

1800 Kraig Dr
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.
Newtown, IN Local Guide

How much does it cost to rent a home in Newtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newtown 2 Bedroom Homes for Rent | $1,413 | $999 | $2,695 |
| Newtown 3 Bedroom Homes for Rent | $1,769 | $1,195 | $2,900 |
| Newtown 4 Bedroom Homes for Rent | $2,475 | $2,200 | $2,750 |
Browse Top Homes for Rent in Newtown
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Newtown, IN Local Guide
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Cheapest Available Newtown Apartments for Rent and Nearby
 The cheapest available apartment rental in Newtown, IN is a Studio unit found at Pheasant Run priced from $740. Shadeland Estates has the second lowest priced unit, which is a 3 Beds apartment currently listed from $765. Here is today’s list of the most affordable Newtown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pheasant Run | The Retriever Studio | Studio,1BA | $740 |
| Shadeland Estates | (Adventure) Shadeland Estates New Homes 3bd/2bt... | 3BR,2BA | $765 |
| Historic Downtown Apartments II | 2x1 | 2BR,1BA | $800 |
| The Luna Flats | Luna Flats - 2-bed/2-bath (2C) - *PROMO PRICING* | 2BR,2BA | $850 |
| Cloverdale Heights | 1 BR/ 1 BA (includes $30 water sewer trash) | 1BR,1BA | $890 |
Best Value Apartments for Rent in Newtown, IN and Nearby
As of May 23, 2026 the best value apartment in the Newtown area is the $1.30 price per square foot 3 BD/2 BA - POND VIEW Model at West Heights Townhomes - West Lafayette in the in the Discovery Park neighborhood starting from $2,195. The second greatest value Newtown apartment is the 4BR - D1 Model at EVER West Lafayette starting at $1,469 with a $1.19 price per square foot in the Discovery Park neighborhood. Here is today’s list of the best values for Newtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| West Heights Townhomes - West Lafayette | 3 BD/2 BA - POND VIEW | 3BR,2.5BA | $1.30 |
| EVER West Lafayette | 4BR - D1 | 4BR,4BA | $1.19 |
| VERVE West Lafayette | 4BD/4BA - D2 | 4BR,4BA | $1.20 |
| Sagamore Winds Apartments | 2 Bed/2 Bath A | 2BR,2BA | $1.38 |
| Shadeland Estates | (Adventure) Shadeland Estates New Homes 3bd/2bt... | 3BR,2BA | $0.80 |
| Cypress Square | B1 | 2BR,1BA | $1.33 |
| Twyckenham Apartments | Two bedroom | 2BR,1BA | $1.36 |
| Georgetown South | 2 Bedroom | 2BR,1BA | $1.31 |
| Victory on Salisbury | 3BR/1BA | 3BR,1BA | $1.27 |
| Pierce Street Apartments | 2/1 | 2BR,1BA | $1.00 |
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 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 Newtown, IN Rentals by Map
See the most popular apartments and homes in Newtown, IN
Frequently Asked Questions about Newtown
What type of rentals are currently available in Newtown?
There are currently 68 Apartments for Rent in Newtown, IN with pricing that ranges from $575 to $3,308. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newtown ranging from $625 to $2,900.
What is the current price range for Rental Homes in Newtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Newtown ranges from $625 to $2,900 with an average monthly rent of $1,640.
How much are larger Three and Four Bedroom Rentals in Newtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Newtown range from $765 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $575.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.