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Newest Homes for Rent in New Castle, IN

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  • 2900 S Memorial Dr, New Castle, IN 47362
    2900 S Memorial Dr, New Castle, IN 47362
    2900 S Memorial Dr, New Castle, IN 47362
    /20

    Starting at $725 Per Month

    • Studio - 2 Beds

    2900 S Memorial Dr, New Castle, IN 47362

    At Beckford Place apartments in New Castle, convenience is our middle name. We are located in Henry Township, six miles north of Interstate 70 on State Road 3. We are just minutes away from the Indiana Basketball Hall of Fame and the Henry County Memorial Hospital. We offer many flexible lease terms for our Studio, 1 & 2 bedroom apartments to suit your needs.In order to both work and play

    Beckford Place

    (765) 575-9372

    2900 S Memorial Dr, New Castle, IN 47362
  • 1001 W Colonial Dr, New Castle, IN 47362
    1001 W Colonial Dr, New Castle, IN 47362
    1001 W Colonial Dr, New Castle, IN 47362
    /35

    Starting at $849 Per Month

    • 1 - 3 Beds

    1001 W Colonial Dr, New Castle, IN 47362

    Jamestown Village Apartments in New Castle, IN, offers the perfect blend of comfort and convenience. Choose from spacious 1, 2, and 3-bedroom homes, featuring private entrances, ceiling fans, and washer/dryer connections in select units. Our pet-friendly community is designed to enhance your lifestyle with amenities like a sparkling pool and sundeck, a bark park for your furry friends, and a

    Jamestown Village

    (765) 571-3562

    1001 W Colonial Dr, New Castle, IN 47362
  • 1620 1/2 P Ave, New Castle, IN 47362
    1620 1/2 P Ave, New Castle, IN 47362
    1620 1/2 P Ave, New Castle, IN 47362
    /12

    $975 Per Month

    • 2 Beds
    • 1 Bath
    • 1620 1/2 P Ave

    1620 1/2 P Ave, New Castle, IN 47362

    2 bedroom, 1 bathroom upstairs apartment. Water included1 Dog permittedNo smokingPlease apply at

    1620 1/2 P Ave, New Castle, IN 47362
  • 1127 S 18th St Unit 1127 S 18th Street, New Castle, IN 47362
    1127 S 18th St Unit 1127 S 18th Street, New Castle, IN 47362
    1127 S 18th St Unit 1127 S 18th Street, New Castle, IN 47362
    /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

    Beautiful corner lot duplex with front and back yards to enjoy. The apartment has been repainted and updated. Stop by and take a look at this great apartment close to Main street and shopping. 3 bedrooms, plenty of street parking.

    1127 S 18th St Unit 1127 S 18th Street, New Castle, IN 47362
  • 1402 Alabama St, New Castle, IN 47362
    1402 Alabama St, New Castle, IN 47362
    1402 Alabama St, New Castle, IN 47362
    /20

    $795 Per Month

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • House for Rent

    1402 Alabama St, New Castle, IN 47362

    Rent-to-Own Opportunity!Take the first step toward homeownership with this affordable rent-to-own program. With just $1,000 down and low monthly payments of $795, this is a great opportunity to move into your future home without the barriers of traditional financing.? Low upfront cost? Affordable monthly payment? Pathway to homeownershipTo qualify, a minimum documented monthly

    1402 Alabama St, New Castle, IN 47362
  • 2018 N 16th St, New Castle, IN 47362
    2018 N 16th St, New Castle, IN 47362
    2018 N 16th St, New Castle, IN 47362
    /7

    $1,400

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • House for Rent

    2018 N 16th St, New Castle, IN 47362

    3 BEDROOM, 1 BATHROOM SINGLE STORY HOUSE. VINYL PLANK FLOORING THROUGHOUT MOST OF THE HOUSE. ENTRY WAY INTO THE LIVING ROOM. LARGE EAT-IN KITCHEN WITH A PANTRY. ELECTRIC STOVE PROVIDED. ALL THREE BEDROOMS HAVE CARPET. BATHROOM HAS A TUB AND SHOWER COMBO. LAUNDRY ROOM OFF ENTRYWAY. TWO DRIVEWAYS AND A DETACHED ONE CAR GARAGE. CENTRAL AIR. TENANT TO PROVIDE REGRIGERATOR. NO SMOKING PERMITTED INSIDE

    2018 N 16th St, New Castle, IN 47362
  • 940 S 15th St Unit 940 1/2, New Castle, IN 47362
    940 S 15th St Unit 940 1/2, New Castle, IN 47362
    940 S 15th St Unit 940 1/2, New Castle, IN 47362
    /11

    $695 Per Month

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

    940 S 15th St Unit 940 1/2, New Castle, IN 47362

    940 S 15th St Unit 940 1/2, New Castle, IN 47362
  • 940 S 15th St Unit 942, New Castle, IN 47362
    940 S 15th St Unit 942, New Castle, IN 47362
    940 S 15th St Unit 942, New Castle, IN 47362
    /13

    $1,075 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,088 Sq Ft
    • Condo for Rent

    940 S 15th St Unit 942, New Castle, IN 47362

    940 S 15th St Unit 942, New Castle, IN 47362
  • 417 S 12th St Unit A, New Castle, IN 47362
    417 S 12th St Unit A, New Castle, IN 47362
    417 S 12th St Unit A, New Castle, IN 47362
    /6

    $725

    Total Monthly Price

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

    417 S 12th St Unit A, New Castle, IN 47362

    417 S 12th St Unit A, New Castle, IN 47362
  • 3052 N Gary St, New Castle, IN 47362
    3052 N Gary St, New Castle, IN 47362
    3052 N Gary St, New Castle, IN 47362
    /10

    Starting at $1,399 Per Month

    • 3 Beds

    3052 N Gary St, New Castle, IN 47362

    Welcome to Golden Pebble! An all-age, pet-friendly manufactured home community located in New Castle, Indiana. Here, you’ll find the ideal mix of small-town charm and everyday convenience, with a community feel that’s perfect for individuals and families alike.Golden Pebble offers the comfort of community living with easy access to everything New Castle has to offer. From parks and trails

    Golden Pebble Estates

    (765) 575-7854

    3052 N Gary St, New Castle, IN 47362
  • 2120 Spring St, New Castle, IN 47362
    2120 Spring St, New Castle, IN 47362
    2120 Spring St, New Castle, IN 47362
    /20

    $1,099 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    2120 Spring St, New Castle, IN 47362

    Property Id: 286574Are you searching for your next place to live?FOLLOW these STEPS to END YOUR SEARCH. 1st CALL and ask for our property manager Barbra. 2nd SCHEDULE a TOUR w/Barbra or ask us to schedule one for you. 3rd SUBMIT your RENTAL APPLICATION to Barbra at the leasing office or via TurboTenant.*4th Wait patiently while we process your RENTAL APPLICATION to

    (765) 575-7939

    2120 Spring St, New Castle, IN 47362
  • 1628 A Ave, New Castle, IN 47362
    1628 A Ave, New Castle, IN 47362
    /2

    Starting at $729 Per Month

    • 1 - 2 Beds

    1628 A Ave, New Castle, IN 47362

    There are quite a few housing opportunities available, but don't overlook Grand Avenue Apartments in New Castle, IN. The apartments are located in a quiet neighborhood and have a host of amenities.Stay active at the on-site fitness center that's available for residents. In-unit washers and dryers are offered at Grand Avenue Apartments, making laundry a pain-free task. Enjoy the benefits

    Grand Avenue Commons

    (765) 575-9785

    1628 A Ave, New Castle, IN 47362
Indiana Henry County New Castle

Newest Homes for Rent in New Castle, IN

Frequently Asked Questions

How much does it cost to rent a home in New Castle, IN?
The median rent for a home in New Castle, IN is $987 per month, though prices vary by neighborhood, size, and property type. As of June 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 $39,480 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 $987 per month in New Castle, IN, renters typically need to show $2,961 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 13.5, 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 home?
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 home include Thomas Park-Avondale, Forest Park, Industry, Old West End and Southside, each with its own character and price range.

Rental Home Trends in New Castle, IN

There are currently 12 homes available for rent in New Castle, IN. The median rent is $987 per month, with single-family homes renting at $1,099, townhouses at $895 and condos at $615.

Rental Home Trends

Number of Homes for Rent
12
Median Rent
$987
Median Single Family Home Rent
$1,099
Median Townhouse Rent
$895
Median Condo Rent
$615
How to Rent a Home

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