Rent in New Middletown, IN
A 2-bedroom in New Middletown, IN (ZIP 47160) typically rents for about $1,020 a month, with a range of $1,020–$1,276. Owner-occupied homes in Harrison County pay about 0.53% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $780 | $780–$976 | 1 |
| 1 bed | $850 | $850–$1,058 | 1 |
| 2 beds | $1,020 | $1,020–$1,276 | 1 |
| 3 beds | $1,300 | $1,300–$1,629 | 1 |
| 4 beds | $1,500 | $1,500–$1,874 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).
New Middletown ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in New Middletown, IN?
- About $1,020 a month: the median of the typical rents in 1 ZIP code, which range from $1,020–$1,276. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in New Middletown, IN?
- About $850 a month: the median of the typical rents in 1 ZIP code, which range from $850–$1,058. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in New Middletown, IN?
- About $1,300 a month: the median of the typical rents in 1 ZIP code, which range from $1,300–$1,629. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in New Middletown, IN?
- About $780 a month: the median of the typical rents in 1 ZIP code, which range from $780–$976. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in New Middletown, IN?
- About $1,500 a month: the median of the typical rents in 1 ZIP code, which range from $1,500–$1,874. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in New Middletown, IN?
- Owner-occupied homes in Harrison County pay a typical 0.53% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these New Middletown rent figures come from?
- HUD Small Area Fair Market Rents (Oct 1, 2026) and HUD county Fair Market Rents (Oct 1, 2026).