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 June 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 25.2% ($287) higher than the Oklahoma average of $1,138 and 20.7% ($372) lower than the U.S. average of $1,797.

Average Rent
$1,425
Monthly ChangeMonth Over Month Change
Decreased2.3% ($33)
Yearly ChangeYear Over Year Change
Increased12.3% ($156)
Avg. Days on MarketAverage Days on Market
73
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,202 Decreased2.2% ($27) Increased14.8% ($155)
2 Beds $1,330 Decreased2.3% ($31) Increased10.8% ($130)
3 Beds $1,725 Decreased2.3% ($40) Increased7.3% ($117)
Nearby Cities Average Rent Avg. Rent vs. NewcastleAverage Rent vs. Newcastle Avg. Days on MarketAverage Days on Market
Tuttle $1,544 Increased8.4% ($119) 35 days
Blanchard $1,071 Decreased24.8% ($354) 73 days
Norman $1,019 Decreased28.5% ($406) 28 days
Mustang $1,311 Decreased8% ($114) 30 days
Oklahoma City $991 Decreased30.5% ($434) 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 $1,425 per month.
Apartments in Newcastle typically rent for between $841 and $2,243 per month, with an average of $1,425 per month.
In Newcastle, the average rent for a 1-bedroom apartment is $1,202 per month, for a 2-bedroom apartment, $1,330 per month, and a 3-bedroom apartment is $1,725 per month.
The average rent in Newcastle is 20.7% ($372) lower than the national average of $1,797 per month.
The average rent in Newcastle has decreased by 2.3% ($33) in the last month and increased by 12.3% ($156) 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 16 rental properties available in Newcastle, OK.
Based on the current averages, a household would need an annual income of $53,200 to comfortably afford a 2-bedroom apartment in Newcastle.
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