Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Castle area can be challenging. Home prices in New Castle are now at a median cost of $108,163, lower than the Indiana average of $175,617.
The average cost of rent is $829/mo in New Castle, primarily driven by the current value of real estate in the New Castle area. While nearly 46.73% of residents own their homes outright in New Castle, 26.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Castle is $4,307 per month. Households that rent pay about 19.26% of their income on rent here. New Castle's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
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Cities with Similar Populations
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