New Castle renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in New Castle is about $875 per month. This puts it in the 50th percentile compared to the state average cost of rent, which is $1,043. Households in New Castle have a median income of $3,891 per month so the average renter in New Castle is spending roughly 22% of their earnings on housing.
Nationally, and in New Castle, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Castle is $131,302 right now, which is lower than cities nearby, meaning that rents in New Castle also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of New Castle while lower rent rates are often available in northeastern areas.
Nearby Cities
- Westwood, IN: less expensive rent prices
- Mount Summit, IN: less expensive rent prices
- Messick, IN: less expensive rent prices
- Greensboro, IN: more expensive rent prices
- Sulphur Springs, IN: less expensive rent prices
- Millville, IN: less expensive rent prices
- Cadiz, IN: less expensive rent prices
- Spiceland, IN: more expensive rent prices
- Lewisville, IN: more expensive rent prices
- Straughn, IN: more expensive rent prices
Cities with Similar Populations
- Mahwah, NJ: more expensive rent prices
- Villa Park, IL: more expensive rent prices
- Edgewater, CO: more expensive rent prices
- Warrensburg, MO: more expensive rent prices
- Vernon Hills, IL: more expensive rent prices
- Leland, NC: more expensive rent prices
- Sebastian, FL: more expensive rent prices
- Wethersfield, CT: more expensive rent prices
- Portsmouth, OH: less expensive rent prices
- Macungie, PA: more expensive rent prices
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