At $1,687/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,687 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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Who lives here
Newburgh, IN is majority owner-occupied, has a large retiree population, 35.1% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Newburgh, IN has changed in 5 years
Local incomes tracked alongside that move, going from a median of $67,328 in 2021 to $75,135 more recently. The renter share has risen from 22.5% to 25.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 30.8% to 35.1% across the same window.
Discussions about Newburgh
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Can you afford rent in Newburgh on your salary?
At $1,687/mo, how Newburgh rent compares to typical pay (30% rule).
Newburgh rent by bedroom count
Median rent for each apartment size in Newburgh. Click any size for full breakdown.
Tips for renters in Newburgh
Last updated: August 17, 2026
The median rent in Newburgh is $1,687/mo as of August 2026. A studio apartment averages $910/mo while a 2-bedroom runs $1,230/mo. One-bedroom apartments average $960/mo and 3-bedroom units go for $1,520/mo.
At 27% of local median household income ($75,135/yr), Newburgh ranks as affordable compared to the national benchmark of 30%. Rents have increased 30.4% over the past year.
Frequently asked questions
Is Newburgh an affordable city for renters?
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Is rent going up or down in Newburgh?
How does Newburgh rent compare to other cities in Indiana?
Which nearby cities are cheaper to rent in than Newburgh?
What percentage of Newburgh residents rent vs. own?
How does Newburgh rent compare to the national average?
At $1,687/mo, rent takes ~27% of Newburgh's median household income ($75,135/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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