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Rental Market Trends in New Castle, PA

Updated July 2026

The average rent in New Castle, PA is $718/month.

Rent in New Castle is 57% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$718/month

Average Rent

460 Sq Ft

Average Size

+0.6%

Change / Year

22

Available Apartments

New Castle rent varies by unit size and layout:

  • Studio apartments in New Castle average per month.
  • One-bedroom apartments in New Castle average $718 per month.
  • Two-bedroom apartments in New Castle average $1,266 per month.
  • Three-bedroom apartments in New Castle average $2,094 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$718/month
460 Sq Ft
Two Bedroom
$1,266/month
920 Sq Ft
Three Bedroom
$2,094/month
1,142 Sq Ft
View New Castle Apartments

How much has average rent changed in New Castle, PA?

In the past year, rent has increased by 0.6%, which averages out to $5 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in New Castle, PA

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in New Castle, PA
Percentage*
Rent Range
0% Below $700/month
67% $700 - $1,000/month
0% $1,001 - $1,500/month
33% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in New Castle, PA?

Because the average rent in New Castle is $718, you’ll want to make about $2,393 per month or $28,716 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

New Castle, PA

22 Available Apartments for Rent

Search for Nearby Apartments

How does New Castle, PA compare to other nearby cities and neighborhoods?

Use the tool below to compare New Castle, PA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the New Castle Area Guide

Apartment Averages

Apartment Communities in New Castle We Think You'll Love

The Meadows Ranch Apartments

The Meadows Ranch Apartments

3506 Meadowview Blvd,
New Castle, PA 16105

2-3 Beds | $1,203 - $2,332

916 Mt Jackson Rd

916 Mt Jackson Rd

916 Mt Jackson Rd,
New Castle, PA 16102

2 Beds | $995

306 Friendship St

306 Friendship St

306 Friendship St,
New Castle, PA 16101

3 Beds | $975

145 E Wallace Ave

145 E Wallace Ave

145 E Wallace Ave,
New Castle, PA 16101

1 Bed | $695

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Frequently Asked Questions

What is the average rent in New Castle?

The average rent in New Castle is $718 per month, which is 56.8% lower than the national average of $1,663.

Are rents going up or down in New Castle?

Rents in New Castle, PA are increasing, with prices up 0.6% year-over-year and $5 more per month.

What rent range is most common in New Castle?

In New Castle, PA, 67% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Pennsylvania New Castle Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity