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Apartments for Rent in New Castle, IN

1-9 of 9 rentals

Apartment for rent at 955 S 22nd St, New Castle, IN 47362

Updated - 2 days ago

Managed by PMI Indianapolis

$695

Apartment1 Bed1 Bath752 ft²

955 S 22nd St

New Castle, IN 47362

Step into the vibrant and modern multiplex rental property at 955 S 22nd St in New Castle, IN. This spacious 1-bedroom, 1-bathroom unit offers 752 sq ft of stylish and comfortable living space. The open floor plan is perfect for entertaining, with a sleek kitchen and cozy living area. The bedroom is a peaceful retreat, with ample closet space and natural light. Located in a convenient and desirable neighborhood, this property is just minutes away from shopping, dining and entertainment. The well-maintained grounds and ample parking make coming home a pleasure.

Managed by Rory G

$895

Apartment2 Beds1.5 Baths

1102 Spring St

New Castle, IN 47362

Welcome to 1102 Spring St, presented by Rory G. We have several units available for lease. For more information and to schedule a showing, please contact us. Refrigerator, Stove, Close to Downtown, Large living room, Large Dining Room, Cozy & Large Kitchen.

Featured

Managed by PMI Indianapolis

$725

Apartment1 Bed1 Bath705 ft²

1902 Rosemont Ave #A

New Castle, IN 47362

This great 1 bedroom 1 bathroom place could be your next home. Refrigerator and Range provided. Washer and dryer hookups in unit. Washer and Dryer not provided. Tenant pays all utilities. No Pets allowed. Instant showings available. A Rent Guarantee Policy from TheGuarantors is required for all applicants. Security deposit amounts vary based on credit and income. Applicants who do not meet the minimum credit score of 680 and income requirement of 3x the monthly rent may be required to pay a deposit equal to 2 months' rent.

Featured

Managed by PMI Indianapolis

$875

Apartment2 Beds1 Bath1,408 ft²

1902 Rosemont Ave #B

New Castle, IN 47362

Relish the spacious comfort and convenience of this stunning 2-bedroom multiplex rental property located at 1902 Rosemont Ave Unit B, New Castle, IN 47362. With 1408 sq ft of living space, this unit offers ample room for relaxation and entertaining. The modern design and open floor plan create a bright and welcoming atmosphere, perfect for any lifestyle. The sleek kitchen boasts all the necessary amenities for effortless meal preparation. The luxurious full bath provides a tranquil retreat after a long day. Enjoy the convenience of nearby shopping, dining and entertainment options, making this location ideal for both work and play.

New - 2 days ago

Managed by WILMOTH Group

$615

Apartment1 Bed1 Bath600 ft²

701 S 14th St #4B

New Castle, IN 47362

Discover the charm and convenience of this updated one bedroom apartment in New Castle. This apartment offers a cozy living space, perfectly balancing comfort and style. The beautifully appointed bathroom and efficient layout enhance the seamless flow and functionality. Located in a vibrant community, this apartment provides easy access to local amenities. Make this delightful space your new home and enjoy it's blend of personal comfort and neighborhood charm. Tenants will be charged $85/month for water/sewer/trash.

Managed by Slingshot Property & Asset Management

$925

Apartment3 Beds1 Bath819 ft²

1010 S 14th St #20

New Castle, IN 47362

3 bedroom apartment available for rent. This spectacular remodeled apartment is a must see. Spacious living room and kitchen with plenty of cabinets throughout. New counter tops and appliances provided for easy tenant use. New flooring and lots of closet space. Bathroom with tub and shower. Newly renovated laundry room with laundry on-site. Off street parking. Close to downtown New Castle for easy shopping access. Pets are accepted with deposit Newly renovated unit. Asking $875 a month. Laundry Facilities & Trash Compactor.

Managed by Slingshot Property & Asset Management

$695

Apartment1 Bed1 Bath

1010 S 14th St #22

New Castle, IN 47362

1 bedroom apartment available for rent. Complete building renovation. This remodeled apartment is a must see. Spacious living area and a kitchen with plenty of cabinets throughout. Full Bathroom with air conditioning and ceiling fans. Newly renovated laundry room on-site. Off street parking with new parking lot addition. Close to downtown New Castle for easy shopping access. Laundry Facilities, Refrigerator, Trash Compactor & A/ C.

Managed by Slingshot Property & Asset Management

$795

Apartment1 Bed1 Bath680 ft²

1010 S 14th St #15

New Castle, IN 47362

Come see this nice 2 bedoom apartment located at Highland Terrace Apartments here in New Castle. With luxurious wood grained and carpeted floors, ceiling fan, stove and refrigerator appliances, a new community style laundry room and lot's of parking with our brand new 24 position paved parking lot this unit is ideally suited for any single individual looking for a value in their dollar. Laundry Facilities & Trash Compactor.

Managed by Slingshot Property & Asset Management

$745

Apartment1 Bed1 Bath640 ft²

1010 S 14th St #19

New Castle, IN 47362

1 bedroom apartment available for rent. Entire building recently renovated. This spectacular remodeled apartment is a must see. Spacious living room and kitchen with plenty of cabinets throughout. New counter tops, appliances and flooring. Full Bathroom. Newly renovated laundry room on-site. Off street parking. Close to downtown New Castle for easy shopping access. Laundry Facilities & Trash Compactor.

Viewing 1-9 of 9 rentals in New Castle

What to Know About

Life in New Castle & Beyond

New Castle shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

New Castle, IN

As of July 2025, New Castle's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Castle's average rent is 31.4% ($396) lower than the Indiana average of $1,263 and 51.2% ($908) lower than the U.S. average of $1,775.

Average Rent

$867

Monthly ChangeMonth Over Month Change

0.1% ($1)

Yearly ChangeYear Over Year Change

8.9% ($71)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$694	0.7% ($5)	2% ($14)
2 Beds	$943	No change	17.6% ($141)
3 Beds	$1,145	6.2% ($76)	22.6% ($211)

Nearby Cities	Average Rent	Avg. Rent vs. New CastleAverage Rent vs. New Castle	Avg. Days on MarketAverage Days on Market
Muncie	$886	2.2% ($19)	66 days
Yorktown	$1,812	109% ($945)	66 days
Anderson	$1,016	17.2% ($149)	38 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

New Castle Rental Market FAQs

Explore rental prices, market trends, and availability in New Castle, IN.

What is the average rent in New Castle, IN?

The average rent in New Castle, IN is $867 per month.

What is the rental price range for apartments in New Castle, IN?

Apartments in New Castle typically rent for between $600 and $1,489 per month, with an average of $867 per month.

What is the average rent for different bedroom sizes in New Castle, IN?

In New Castle, the average rent for a 1-bedroom apartment is $694 per month, for a 2-bedroom apartment, $943 per month, and a 3-bedroom apartment is $1,145 per month.

How do rent prices in New Castle, IN compare with the national average?

The average rent in New Castle is 51.2% ($908) lower than the national average of $1,775 per month.

How have rent prices in New Castle, IN changed recently?

The average rent in New Castle has increased by 0.1% ($1) in the last month and increased by 8.9% ($71) over the past year.

How competitive is the rental market in New Castle, IN?

The rental market in New Castle, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in New Castle, IN?

In New Castle, IN, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in New Castle, IN?

There are currently 13 rental properties available in New Castle, IN.

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

Based on the current averages, a household would need an annual income of $37,720 to comfortably afford a 2-bedroom apartment in New Castle.