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Rental Market Trends in Newburgh, IN

What is the average rent in Newburgh, IN?

$1,026/month

Average Rent

741 Sq Ft

Average Apartment Size

+3.8%

Increase in the Last Year

As of July 2025, the average rent in Newburgh, IN is $1,026 per month. This is 37% lower than the national average rent of $1,637/month, making renting in Newburgh more affordable than most cities in the US. When you rent an apartment in Newburgh, you can expect to pay about $703 per month for a studio, $1,026 for a one-bedroom apartment, and around $1,216 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,461 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$703/month
288 Sq Ft
One Bedroom
$1,026/month
741 Sq Ft
Two Bedroom
$1,216/month
1,076 Sq Ft
Three Bedroom
$1,461/month
1,325 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,861/month
536 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Newburgh, IN?

In the past year, rent has increased by 3.8%, which averages out to $40 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Newburgh, IN
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Newburgh, IN
Percentage*
Rent Range
7% Below $700/month
29% $700 - $1,000/month
50% $1,001 - $1,500/month
14% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Newburgh, IN?

Because the average rent in Newburgh is $1,026, you’ll want to make about $3,420 per month or $41,040 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

Newburgh, IN

186 Available Apartments for Rent

Search for Nearby Apartments

How does Newburgh, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Newburgh, IN 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.

Explore the Area Guide for Newburgh, IN

Apartment Averages

Nearby City Rent Trends

  • Evansville Average Rent

Apartment communities in Newburgh we think you'll love

Warrick Trail Apartments

Warrick Trail Apartments

9899 Warrick Trl,
Newburgh, IN 47630

1-3 Beds | $1,210 - $1,918

Beaver Creek Apartments

Beaver Creek Apartments

4333 Bell Rd,
Newburgh, IN 47630

1-3 Beds | $1,125 - $1,724

Park Place Apartments - 55+ Community

Park Place Apartments - 55+ Community

8280 High Pointe Dr,
Newburgh, IN 47630

1-2 Beds | $800 - $1,095

Meadowood

Meadowood

8611 Meadowood Dr,
Newburgh, IN 47630

Studio - 2 Beds | $900

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United States Indiana Newburgh 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity