New Castle City, IN Rental Market Trends
Last updated: October 21, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in New Castle City is $1,026, a N/A compared to the previous year, when the average rent was .
One-bedroom apartments provide 664 square feet for $930, balancing privacy and affordability.
Two-beedroom units at $1,054 offer 879 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,121 sq ft) for $1,261, suitable for larger households.
Average rent in New Castle City, IN
Last updated: October 21, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,026 | 821 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $930 | 664 sq. ft. |
| 2 Beds | $1,054 | 879 sq. ft. |
| 3 Beds | $1,261 | 1,121 sq. ft. |
New Castle City, IN rent trends
What's the typical rent budget in New Castle City, IN?
The largest share of rentals in New Castle City, IN (53%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in New Castle City, IN?
2,671 or 37% of the households in New Castle City, IN are renter-occupied while 4,524 or 63% are owner-occupied.
How New Castle City Compares to Other Cities
| City | Average Rent |
|---|---|
| New Castle City | $1,026 |
| Hammond | $1,235 |
| Indianapolis | $1,253 |
| Jeffersonville | $1,231 |
| New Albany | $1,106 |
| Greenwood | $1,358 |
| South Bend | $1,310 |
| Fort Wayne | $1,143 |
| Evansville | $1,016 |
| Lafayette | $1,174 |
| Bloomington | $1,579 |
| Fishers, IN | $1,633 |
| Lawrence, IN | $1,195 |
| Greenfield, IN | $1,372 |
| Anderson, IN | $1,065 |
| McCordsville, IN | $1,719 |
| Muncie, IN | $1,193 |
| New Castle, IN | $1,026 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all New Castle City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.