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New Castle, IN Condos for Rent

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  • /5

    $1,100

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    1127 S 18th St Unit 1127 S 18th Street, New Castle, IN 47362

    This property at 1127 S 18th St features 3 bedrooms and 1.5 bathrooms. The living room offers ample space for relaxation and entertainment. The kitchen is functional, providing access to the dining area. The full bathroom includes standard fixtures, while the half bathroom adds convenience for guests. Each bedroom is adequately sized, suitable for various furniture arrangements. The exterior

    1127 S 18th St Unit 1127 S 18th Street, New Castle, IN 47362
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    $750

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    1210 S 25th St Unit 1210, New Castle, IN 47362

    1210 S. 25TH ST. NEW CASTLE **HUD ACCEPTED**SEC DEP: $750.00 $750.00 MONTHLY2 BEDROOM, 1 BATHROOM UNIT OF A DUPLEX LOCATED IN NEW CASTLE. LIVING ROOM AND KITCHEN HAVE VINYL PLANK FLOORING, BOTH BEDROOMS HAVE CARPET. LARGE EAT-IN KITCHEN WITH A REFRIGERATOR AND ELECTRIC STOVE PROVIDED. THE BATHROOM HAS A TUB AND SHOWER COMBO. WASHER AND DRYER HOOK-UP IN KITCHEN. 1 DETACHED

    1210 S 25th St Unit 1210, New Castle, IN 47362
  • /11

    $1,100 Per Month

    • 3 Beds
    • 1 Bath
    • 1,148 Sq Ft
    • Condo for Rent

    536 S 11th St Unit 536 S. 11th, New Castle, IN 47362

    536 S 11th St Unit 536 S. 11th, New Castle, IN 47362
  • /8

    $625 Per Month

    • 1 Bed
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    2404 State St Unit 2, New Castle, IN 47362

    Welcome to this cozy, updated 1-bedroom, 1-bathroom apartment located in a quiet, four-unit brick building on State Street in New Castle. Perfect for individuals or couples seeking affordable, low-maintenance living with convenient access to local amenities.? Apartment Features:1 spacious bedroom1 full bathroom with updated fixturesBright, open living

    2404 State St Unit 2, New Castle, IN 47362
  • /7

    $625 Per Month

    • 1 Bed
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    2404 State St Unit 4, New Castle, IN 47362

    Welcome to this cozy, updated 1-bedroom, 1-bathroom apartment located in a quiet, four-unit brick building on State Street in New Castle. Perfect for individuals or couples seeking affordable, low-maintenance living with convenient access to local amenities.Apartment Features:1 spacious bedroom1 full bathroom with updated fixturesBright, open living spaceFresh

    2404 State St Unit 4, New Castle, IN 47362

Frequently Asked Questions

How much does it cost to rent a condo in New Castle, IN?
The median rent for a condo in New Castle, IN is $615 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in New Castle, IN?
To comfortably afford the median rent in New Castle, IN, a household needs to earn roughly $36,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $910 per month in New Castle, IN, renters typically need to show $2,730 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New Castle, IN?
In New Castle, IN, the price-to-rent ratio is 15.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in New Castle, IN are best for renting a condo?
The best neighborhood for renting in New Castle, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Southside, Old West End, Westside and Riverside-Normal City, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$615
Median 1 Bedroom Condo Rent
$615
Median 2 Bedroom Condo Rent
$825
Median 3 Bedroom Condo Rent
$1,100
How to Rent a Home