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

Newburgh, IN

As of May 2026, Newburgh's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Newburgh's average rent is 19.3% ($248) lower than the Indiana average of $1,284 and 42.1% ($753) lower than the U.S. average of $1,789.

Average Rent

$1,036

Monthly ChangeMonth Over Month Change

50.3% ($1047)

Yearly ChangeYear Over Year Change

2.3% ($24)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$841	42.3% ($616)	2.3% ($19)
2 Beds	$986	43.8% ($768)	1.7% ($17)
3 Beds	$1,249	42.9% ($940)	3.7% ($48)

Nearby Cities	Average Rent	Avg. Rent vs. NewburghAverage Rent vs. Newburgh	Avg. Days on MarketAverage Days on Market
Evansville	$936	9.7% ($100)	38 days
Boonville	$699	32.5% ($337)	32 days
Henderson	$808	22% ($228)	31 days
Owensboro	$953	8% ($83)	35 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Newburgh Rental Market FAQs

Explore rental prices, market trends, and availability in Newburgh, IN.

What is the average rent in Newburgh, IN?

The average rent in Newburgh, IN is $1,036 per month.

What is the rental price range for homes in Newburgh, IN?

Homes in Newburgh typically rent for between $600 and $1,624 per month, with an average of $1,036 per month.

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

In Newburgh, the average rent for a 1-bedroom home is $841 per month, for a 2-bedroom home, $986 per month, and a 3-bedroom home is $1,249 per month.

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

The average rent in Newburgh is 42.1% ($753) lower than the national average of $1,789 per month.

How have rent prices in Newburgh, IN changed recently?

The average rent in Newburgh has decreased by 50.3% ($1,047) in the last month and decreased by 2.3% ($24) over the past year.

How competitive is the rental market in Newburgh, IN?

The rental market in Newburgh, 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 Newburgh, IN?

In Newburgh, IN, the average rental stays on the market for approximately 30 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 Newburgh, IN?

There are currently 10 rental properties available in Newburgh, IN.

Can I afford to rent a home in Newburgh, IN?

Based on the current averages, a household would need an annual income of $39,440 to comfortably afford a 2-bedroom home in Newburgh.