New Castle, IN rental market
What is the average rent in New Castle, IN?
Last updated November 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in New Castle, IN is $850.
$850
-$95
-$60
25
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $324 to $1,250.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $500 | 1 |
| $700 | 3 |
| $800 | 13 |
| $900 | 4 |
| $1,000 | 2 |
| $1,100 | 2 |
| $1,200+ | 3 |
Average rent price over time
In the last year, rent has decreased by $60 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $875 | $885 |
| Feb | $795 | $850 |
| Mar | $895 | $800 |
| Apr | $744 | $850 |
| May | $900 | $900 |
| Jun | $744 | $855 |
| Jul | $750 | $895 |
| Aug | $699 | $850 |
| Sep | $895 | $855 |
| Oct | $835 | $850 |
| Nov | $895 | $900 |
| Dec | $910 | No data |
Market temperature
The New Castle, IN rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in New Castle, IN is 57% lower than the national average.
$850
$2,000
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Frequently asked questions
1. What is the average rent in New Castle, IN?
The average rent in New Castle, IN is $850.
2. What is the average rent for a studio apartment in New Castle, IN?
The average rent for a studio apartment in New Castle, IN is $550 per month.
3. 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, IN is $800 per month.
4. 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, IN is $850 per month.
5. What is the average rent for a three-bedroom apartment in New Castle, IN?
The average rent for a three-bedroom apartment in New Castle, IN is $855 per month.
6. How much does it cost to rent a house in New Castle, IN?
Houses in New Castle, IN rent between $324 - $1,250 with an average rent of $850.
7. How has the rent in New Castle, IN changed in the last year?
In the last year, the rent in New Castle, IN decreased by $60
8. How much has the rent in New Castle, IN increased/decreased in the last month?
In the last month, the rent in New Castle, IN decreased by $95
9. How many available rentals are there in New Castle, IN?
There are currently 25 rentals available in New Castle, IN.
10. How do rent prices in New Castle, IN compare with the national average?
The average rent in New Castle, IN is $850 — 57.5% lower the national average of $2,000.