
Cheap Homes for Rent in New Palestine, IN from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in New Palestine.


238 Legends Creek Way

11740 Hartland Dr

1411 Mutz Dr

11324 Whistler Dr
New Palestine
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
New Palestine, IN Local Guide

How much does it cost to rent a home in New Palestine?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New Palestine 2 Bedroom Homes for Rent | $1,375 | $1,375 | $1,375 |
New Palestine 3 Bedroom Homes for Rent | $1,858 | $1,495 | $2,400 |
New Palestine 4 Bedroom Homes for Rent | $2,159 | $1,650 | $2,800 |
New Palestine 5 Bedroom Homes for Rent | $2,348 | $2,165 | $2,800 |
Browse Top Homes for Rent in New Palestine
Explore New Palestine
New Palestine, IN Local Guide
- New Palestine Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New Palestine Apartments for Rent and Nearby
 The cheapest available apartment rental in New Palestine, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $449. Serenity Park Apartments in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here is today’s list of the most affordable New Palestine apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
LINCOLN PARK APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $449 |
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $769 |
Vineyards Apartments | 1 Bedroom Apartment | 1BR,1BA | $800 |
Best Value Apartments for Rent in New Palestine, IN and Nearby
As of April 08, 2025 the best value apartment in the New Palestine area is the $1.38 price per square foot Meadowood Model at Redwood Greenfield in the starting from $1,824. The second greatest value New Palestine apartment is the Beautiful Renovated Historic Apartment - 2 bedr... Model at School 85 starting at $1,610 with a $1.24 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for New Palestine apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Redwood Greenfield | Meadowood | 2BR,2BA | $1.38 |
School 85 | Beautiful Renovated Historic Apartment - 2 bedr... | 2BR,2BA | $1.24 |
Washington Village Apartments | The Estate | 3BR,2BA | $1.18 |
Country Lake Townhomes | 2 BR, 1.5 Bath townhome | 2BR,1.5BA | $1.40 |
60 - ADDISON APARTMENTS | 1st Floor Standard + W/D Hookups | 2BR,1BA | $0.95 |
The Life at Belhaven Place | 2 Bed 2 Bath | 2BR,2BA | $1.40 |
Crosswinds | Earhart | 2BR,1BA | $1.36 |
LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.78 |
Lake Marina Apartments | 1 Bedroom Townhouse | 1BR,1BA | $1.40 |
Serenity Park Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
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Frequently Asked Questions about New Palestine
What type of rentals are currently available in New Palestine?
There are currently 42 Apartments for Rent in New Palestine, IN with pricing that ranges from $620 to $3,197. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Palestine ranging from $875 to $2,800.
What is the current price range for Rental Homes in New Palestine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Palestine ranges from $875 to $2,800 with an average monthly rent of $1,723.
How much are larger Three and Four Bedroom Rentals in New Palestine?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Palestine range from $1,225 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,581.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.