Rental market snapshot for New Palestine, Indiana

New Palestine, Indiana Rental Property Market Overview

New Palestine, Indiana is a small town located in Hancock County with a population of 2,857 as of 2021, according to the US Census. It is a rural community with a variety of outdoor activities, such as fishing, camping, and hiking. The town is home to a variety of businesses, including restaurants, shops, and services. New Palestine is a great place to live, work, and raise a family.

The average rent for an apartment in New Palestine is $1,883. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in New Palestine Indiana | Cost of Living

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  • The most expensive ZIP code in New Palestine is 46163 with an average price of $2,076.
  • The cheapest ZIP code in New Palestine is 46163 with an average price of $2,076.

New Palestine ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
146163$2,076

Live near New Palestine, Indiana's Top Sights and Attractions

Sugar Creek Township Park is a sprawling outdoor recreation area located in New Palestine, Indiana. The park features a variety of activities, including a large playground, a walking trail, a fishing pond, and a picnic area. There are also several sports fields, including baseball, softball, and soccer. The park also features a large pavilion, perfect for hosting events or gatherings. The park is also home to a variety of wildlife, making it a great spot for bird watching and nature observation.

Jacob Schramm Nature Preserve is a beautiful outdoor destination located in Indiana. The preserve features a variety of trails and boardwalks that wind through the area, allowing visitors to explore the natural beauty of the area. The trails are perfect for walking, biking, and bird watching, and the boardwalks provide a great view of the wetlands and wildlife. There are also picnic areas and a playground for families to enjoy. The preserve is a great place to spend a day outdoors, and its natural beauty makes it a great spot for photography.

New Palestine, Indiana area median rent change by ZIP code map

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How does New Palestine compare to other cities in Indiana?

citymedian price
Portage$1,495
Sheridan$1,415
Highland$1,409
South Bend$1,367
Gary$995
Columbia City$915
Terre Haute$850
Huntington$720

Average household income in New Palestine area graph - US Census

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The median household income in New Palestine in 2021 was $80,298. This represents a 19.2% change from 2011 when the median was $67,383.

#categorypercent
0Less than $10,0003.8%
1$10,000 to $14,9994.0%
2$15,000 to $19,9993.2%
3$20,000 to $24,9991.0%
4$25,000 to $29,9992.7%
5$30,000 to $34,9994.0%
6$35,000 to $39,9993.8%
7$40,000 to $44,9992.5%
8$45,000 to $49,9992.4%
9$50,000 to $59,9993.9%
10$60,000 to $74,9997.9%
11$75,000 to $99,99916.9%
12$100,000 to $124,99917.8%
13$125,000 to $149,99910.1%
14$150,000 to $199,9999.0%
15$200,000 or more7.3%

Neighborhoods in New Palestine

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in New Palestine is $1,883.
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