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New Paris, IN Home for Rent

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    $1,725 Per Month

    • 3 Beds
    • 2 Baths
    • 1,292 Sq Ft
    • House for Rent

    18823 Red Cedar Rd, New Paris, IN 46553

    Welcome to this gorgeous 3 bedroom home in New Paris!This stunning house features 3 bedrooms and 2 bathrooms, perfect for those looking for a spacious and comfortable living space. The kitchen has lovely wood cabinets and metal pulls and is equipped with a refrigerator, stove, microwave, and dishwasher, making meal prep and clean up a breeze. Don't forget about the stunning cathedral ceilings

    18823 Red Cedar Rd, New Paris, IN 46553

Why Live in New Paris

New Paris, Indiana, is a small rural community located 6 miles south of Goshen along Indiana State Road 15. Housing in New Paris reflects various eras, with turn-of-the-century farmhouses, midcentury ranch-style homes, and contemporary homes in new subdivisions. The Fairfield Community School District, particularly New Paris Elementary, is a significant draw for families, contributing to the area's growth.

Indiana 15 serves as the main thoroughfare, connecting residents to amenities and industries, including Smoker Craft and World Missionary Press. Dining options in New Paris include Old Time Pizza, Landmark Bar and Grille, and the newer Antojitos Mixx at Parmore Golf Course. For recreation, Parmore offers a 9-hole, par-3 golf course, while Sunnyside Park features a pond, basketball court and picnic area. River Preserve County Park, stretching along the Elkhart River, is popular for hiking, canoeing and birding. The community hosts summer events like First Fridays with food vendors and live music, and the New Paris Speedway attracts regional crowds with its weekly stock car races and "Night of Destruction" events.

Frequently Asked Questions

How much does it cost to rent a home in New Paris, IN?
The median rent for a home in New Paris, IN is $1,725 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in New Paris, IN?
To comfortably afford the median rent in New Paris, IN, a household needs to earn roughly $69,000 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 $1,725 per month in New Paris, IN, renters typically need to show $5,175 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 Paris, IN?
In New Paris, IN, the price-to-rent ratio is 14.0, 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 Paris, IN are best for renting a home?
The best neighborhood for renting in New Paris, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Parkside, Historic Southside, East Lincoln Crossroads, Chamberlain and Indiana, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,725
Median Single Family Home Rent
$1,725
How to Rent a Home