4+ Bedroom Apartment Rent in New Castle, IN
Median asking rent for a 4+ bedroom apartment in New Castle, Indiana as of July 2026. That's +65% higher than the citywide median of $756 and +50% below the national 4+ bedroom median of $2,520.
Income needed for a 4+ bedroom in New Castle
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 4+ bedroom at the current median rent.
Rent by apartment size in New Castle
Compare New Castle's median rent across every apartment size.
Cheapest cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Frankfort | $1,115 |
| 2 | East Chicago | $1,230 |
| 3 | Logansport | $1,230 |
| 4 | New Castle (this page) | $1,250 |
| 5 | Angola | $1,290 |
| 6 | Richmond | $1,350 |
| 7 | Marion | $1,370 |
| 8 | La Porte | $1,394 |
| 9 | Kokomo | $1,395 |
| 10 | Crawfordsville | $1,398 |
| 11 | Elkhart | $1,400 |
| 12 | Terre Haute | $1,430 |
| 13 | Mishawaka | $1,440 |
| 14 | Delphi | $1,450 |
| 15 | Goshen | $1,460 |
Most expensive cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,960 |
| 2 | Whitestown | $2,830 |
| 3 | Carmel | $2,820 |
| 4 | McCordsville | $2,560 |
| 5 | Lawrence | $2,560 |
| 6 | Avon | $2,530 |
| 7 | Westfield | $2,500 |
| 8 | Fishers | $2,480 |
| 9 | Brownsburg | $2,390 |
| 10 | Noblesville | $2,235 |
| 11 | Sellersburg | $2,180 |
| 12 | Plainfield | $2,180 |
| 13 | Greenwood | $2,160 |
| 14 | Indianapolis | $2,143 |
| 15 | Granger | $2,040 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 4+ bedroom rents than New Castle.
| City | Distance | 4+ Bedroom rent | vs New Castle |
|---|---|---|---|
| Muncie, IN | 19.2 mi | $1,485 | +$235 (+19%) |
| Anderson, IN | 25 mi | $1,535 | +$285 (+23%) |
| Pendleton, IN | 25.7 mi | $1,920 | +$670 (+54%) |
| Greenfield, IN | 29.2 mi | $1,920 | +$670 (+54%) |
| Richmond, IN | 33.8 mi | $1,350 | +$100 (+8%) |
| McCordsville, IN | 36.9 mi | $2,560 | +$1,310 (+105%) |
| Fishers, IN | 38.9 mi | $2,480 | +$1,230 (+98%) |
| Shelbyville, IN | 39.4 mi | $1,920 | +$670 (+54%) |
| Lawrence, IN | 42.9 mi | $2,560 | +$1,310 (+105%) |
| Noblesville, IN | 43.5 mi | $2,235 | +$985 (+79%) |
| Marion, IN | 49.5 mi | $1,370 | +$120 (+10%) |
| Greenville, OH | 51 mi | $1,230 | $-20 (-2%) |
4+ Bedroom rent in New Castle — common questions
How much is a 4+ bedroom apartment in New Castle?
As of July 2026, the median 4+ bedroom apartment rent in New Castle, Indiana is $1,250 per month. This is +65% higher than the citywide median of $756.
What income do you need to afford a 4+ bedroom in New Castle?
Using the standard 30% rent-to-income rule, you would need an annual income of about $50,000 ($4,167/month gross), which works out to roughly $24.04/hour at a full-time job.
Is New Castle expensive for a 4+ bedroom compared to the rest of the US?
New Castle's 4+ bedroom median of $1,250 is +50% below the national 4+ bedroom median of $2,520. It ranks in the 1th percentile of US cities tracked.
How does New Castle rank for 4+ bedroom rent in Indiana?
Among the 64 cities in Indiana with 4+ bedroom data, New Castle ranks #4 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near New Castle?
Yes — nearby cities with cheaper 4+ bedroom rents include Greenville ($1,230).