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Apartments in New Castle

1 - 7 of 7 Results
5
$895 - 925
300-302 S 12th St
300 S 12th St New Castle, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
21
$1,325
1108 S 19Th St
New Castle, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
16
$1,300
320 S 7th St
New Castle, IN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
4
$695
940 S 15th St
New Castle, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
0
$625
815 Crescent Dr
New Castle, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
0
$650
1213-1215 S 23rd St
1213 S 23rd St New Castle, IN
1 BR | Available Now
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1
$725
2324 State St
New Castle, IN
Studio | Ask for Availability
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1 - 7 of 7 Results
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  2. Muncie, IN Area Apartments
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How much does it cost to rent an apartment in New Castle?

New Castle Apartments
Bed Type Average Rent Range
1BR $640 $630 - $700
2BR $930 $900 - $930
Frequently Asked Questions

How many apartments are available in New Castle, IN on Rentable.co?

Rentable.co has over 235 apartments available in New Castle.

What is the average rent for a one-bedroom apartment in New Castle, IN?

The average rent for a one-bedroom apartment in New Castle is around $640 per month.

What is the average rent for a two-bedroom apartment in New Castle, IN?

The average rent for a two-bedroom apartment in New Castle is around $930 per month.

How expensive is it to rent an apartment in New Castle, IN?

For a two-bedroom apartment in New Castle, the average rent price is $930 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in New Castle, IN?

Based on average rent prices in New Castle, to afford a one-bedroom apartment you would need an annual household income of $26,000 to live comfortably.

Search Cities Near New Castle, IN

Chesterfield, IN
Muncie, IN
Yorktown, IN
Pendleton, IN
Anderson, IN
Greenfield, IN
Connersville, IN

New Castle:
November Rent Report

Welcome to the November 2024 New Castle Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the New Castle rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in New Castle and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of New Castle average rent prices in the chart below.

Monthly Rent Report

$1,000
$750
$500
$250
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

New Castle Rent Prices Decrease From October to November

New Castle rent prices decreased over the last month. From October to November, the city experienced a -0.88% decrease for the price of a one-bedroom apartment. The rent price for a New Castle one-bedroom apartments currently stands at $673.0.

When we take a look at the two-bedroom comparison from October to November, New Castle experienced a -0.11% decrease for the price of a two-bedroom apartment. The rent price for a New Castle two-bedroom apartments currently stands at $915.0.

November Prices: New Castle vs. Surrounding Areas

Rent Prices in New Castle and Surrounding Areas

Rent prices have decreased in New Castle over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the New Castle suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the New Castle suburbs

  • Rents did not decrease in any of the New Castle suburbs.

November 2024 Pricing Trends: New Castle vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

New Castle Rent Prices More Affordable Than Major Cities

Rent growth in New Castle over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, New Castle average rent prices appear to be relatively affordable for local residents.

The price for a New Castle one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about New Castle and surrounding area rent prices, take a look at the complete data set below.

Data set for New Castle and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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