Apartments & Homes for Rent in 16101

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What to Know About

Life in New Castle & Beyond

New Castle shares many of the great qualities that make Pennsylvania a desirable place to live.

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

New Castle, PA

As of April 2025, New Castle's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. New Castle's average rent is 51.3% ($854) lower than the Pennsylvania average of $1,666 and 54.9% ($987) lower than the U.S. average of $1,799.

Average Rent
$812
Monthly ChangeMonth Over Month Change
Decreased6.5% ($56)
Yearly ChangeYear Over Year Change
Increased1.9% ($15)
Avg. Days on MarketAverage Days on Market
39
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $708 Decreased15.6% ($131) Increased13.1% ($82)
2 Beds $867 Decreased13.5% ($135) Increased16.5% ($123)
3 Beds $1,017 Decreased14.5% ($172) Decreased13% ($152)
Nearby Cities Average Rent Avg. Rent vs. New CastleAverage Rent vs. New Castle Avg. Days on MarketAverage Days on Market
Ellwood City $739 Decreased9% ($73) 42 days
Slippery Rock $792 Decreased2.5% ($20) 40 days
Beaver Falls $891 Increased9.7% ($79) 36 days
New Brighton $803 Decreased1.1% ($9) 39 days
Youngstown $900 Increased10.8% ($88) 25 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
New Castle Rental Market FAQs

Explore rental prices, market trends, and availability in New Castle, PA.

The average rent in New Castle, PA is $812 per month.
Homes in New Castle typically rent for between $600 and $1,322 per month, with an average of $812 per month.
In New Castle, the average rent for a 1-bedroom home is $708 per month, for a 2-bedroom home, $867 per month, and a 3-bedroom home is $1,017 per month.
The average rent in New Castle is 54.9% ($987) lower than the national average of $1,799 per month.
The average rent in New Castle has decreased by 6.5% ($56) in the last month and increased by 1.9% ($15) over the past year.
The rental market in New Castle, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In New Castle, PA, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in New Castle, PA.
Based on the current averages, a household would need an annual income of $34,680 to comfortably afford a 2-bedroom home in New Castle.
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