New Market, IN Rent Control 2026
New Market has no local rent control. Know the rules before your next rent increase.
New Market does not have rent control. Indiana does not impose a statewide rent cap. Landlords may raise rent by any amount with 30-day written notice. Retaliatory increases are prohibited.
This applies to properties in New Market, IN. Check all requirements for your property →
Key Takeaways — New Market Rent Control
- Key rule: Local Rules Apply
- Violation risk: owe back-rent to tenants
Rent Control in New Market
New Market landlords must follow Indiana state law on rent control. Understanding the specific rules, deadlines, and penalties can prevent costly violations.
$966
median 2BR rent
Local Rules Apply
key requirement
Penalty Warning
Violate Indiana rent control rules in New Market and you could owe back-rent to tenants. At New Market's median rent of $966/month, even a single violation adds up fast.
New Market Rental Market Context
New Market is the 390th-largest city in Indiana (population 571). With a median 2-bedroom rent of $966/month, it falls in the moderate range for Indiana rental costs — 4% below the state median of $1,008/month.
How New Market Compares in Montgomery County
New Market ranks #6 of 11 cities in Montgomery County by population. Because rent control rules are often tied to rent amounts, costs vary across the county.
| City | Population | Median Rent | Rent Cap |
|---|---|---|---|
| Crawfordsville | 16,577 | $966/mo | No local cap |
| Ladoga | 1,092 | $966/mo | No local cap |
| Waynetown | 973 | $966/mo | No local cap |
| Linden | 725 | $966/mo | No local cap |
| Darlington | 718 | $966/mo | No local cap |
| New Market | 571 | $966/mo | No local cap |
| Waveland | 434 | $966/mo | No local cap |
| New Richmond | 314 | $966/mo | No local cap |
| New Ross | 312 | $966/mo | No local cap |
| Wingate | 245 | $966/mo | No local cap |
| Alamo | 66 | $966/mo | No local cap |
Rents based on HUD Fair Market Rents (FY2026) for Montgomery County, Indiana. All cities follow Indiana state law unless a local ordinance applies.
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Rents based on HUD Fair Market Rents (FY2026) for Montgomery County.
More New Market Landlord Laws
Rent Control in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Not ready to start? Get the free Rent Control checklist for Indiana landlords.
Download Free ChecklistReviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
