Homes & Apartments for Rent in Newcastle, OK

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What to Know About

Life in Newcastle & Beyond

Newcastle shares many of the great qualities that make Oklahoma a desirable place to live.

Oklahoma is known for its diverse landscapes, including rolling prairies, forests, and mountains, as well as a rich Native American history and a thriving oil industry. Come experience the rich cultural heritage of Oklahoma by visiting iconic landmarks like the Oklahoma City National Memorial and Museum, and be inspired by the academic excellence at top universities like the University of Oklahoma and Oklahoma State University. With an economy driven by energy, agriculture, and aerospace, Oklahoma is a prime destination for those seeking a mix of business and recreation.

The state offers a variety of experiences for outdoor enthusiasts and sports fans, like the Oklahoma City Thunder (NBA), to marvel at the stunning Wichita Mountains Wildlife Refuge, to events at the Gaylord Family Oklahoma Memorial Stadium. In addition, the Ouachita Mountains provide beautiful trails for those seeking a spectacular hike. Take advantage of these famous attractions, visit the National Cowboy & Western Heritage Museum, the Philbrook Museum of Art, or the historic Route 66.

A state that embodies the American spirit, Oklahoma is a place of friendly faces and endless opportunities, making it a great place to live.

Rental Market Trends

Newcastle, OK

As of April 2026, Newcastle's rental market is tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing. Newcastle's average rent is 22.3% ($256) higher than the Oklahoma average of $1,148 and 21.5% ($384) lower than the U.S. average of $1,788.

Average Rent
$1,404
Monthly ChangeMonth Over Month Change
Increased14% ($172)
Yearly ChangeYear Over Year Change
Increased10.6% ($135)
Avg. Days on MarketAverage Days on Market
73
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,182 Increased11.9% ($126) Increased12.9% ($135)
2 Beds $1,309 Increased12% ($140) Increased9.1% ($109)
3 Beds $1,698 Increased11.9% ($180) Increased5.6% ($90)
Nearby Cities Average Rent Avg. Rent vs. NewcastleAverage Rent vs. Newcastle Avg. Days on MarketAverage Days on Market
Tuttle $2,033 Increased44.8% ($629) 35 days
Blanchard $1,122 Decreased20.1% ($282) 73 days
Norman $1,061 Decreased24.4% ($343) 28 days
Mustang $1,233 Decreased12.2% ($171) 30 days
Oklahoma City $1,055 Decreased24.9% ($349) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Newcastle Rental Market FAQs

Explore rental prices, market trends, and availability in Newcastle, OK.

The average rent in Newcastle, OK is $1,404 per month.
Homes in Newcastle typically rent for between $827 and $2,207 per month, with an average of $1,404 per month.
In Newcastle, the average rent for a 1-bedroom home is $1,182 per month, for a 2-bedroom home, $1,309 per month, and a 3-bedroom home is $1,698 per month.
The average rent in Newcastle is 21.5% ($384) lower than the national average of $1,788 per month.
The average rent in Newcastle has increased by 14.0% ($172) in the last month and increased by 10.6% ($135) over the past year.
The rental market in Newcastle, OK, is currently tenant-friendly, with extended leasing periods, prompting landlords to offer incentives or reduced pricing.
In Newcastle, OK, the average rental stays on the market for approximately 73 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 12 rental properties available in Newcastle, OK.
Based on the current averages, a household would need an annual income of $52,360 to comfortably afford a 2-bedroom home in Newcastle.
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