Cheap Homes for Rent in Castlewood, VA from $1,000 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in Castlewood.

property at 122 E Main St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 2 Bath Home for Rent

Available Now

122 E Main St

LebanonVA24266
property at 837 Kentucky Ave SW

$1,013

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,013

Total Monthly Price
$1,013

4 Bedroom, 2 Bath Home for Rent

Available Now

837 Kentucky Ave SW

NortonVA24273
property at 31139 Princeton Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 480 Mink Pl

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

480 Mink Pl

AbingdonVA24210
property at 952 Beverly Dr

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

952 Beverly Dr

AbingdonVA24210
property at 316 W Vly St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

316 W Vly St

AbingdonVA24210
property at 1733 Dunlap St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 1 Bath Home for Rent

Available Now

1733 Dunlap St

BristolVA24201

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 3944 Alley Valley Rd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 2 Bath Home for Rent

Available Now

3944 Alley Valley Rd

Fort BlackmoreVA24250
property at 879 Poor Farm Rd

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 2 Bath Home for Rent

Available Now

879 Poor Farm Rd

LebanonVA24266

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Castlewood, VA Local Guide

Cheapest Available Castlewood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Castlewood, VA is a 1 Bed unit found at The Place at Slate Creek priced from $700. Century Square Apartments in the Outer Bristol neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Castlewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Place at Slate CreekOne Bedroom1BR,1BA$700
Century Square ApartmentsCentury 1B 1B Medium1BR,1BA$750
Stoneview Homes1 Bed 720 SF1BR,1BA$800
Legacy ApartmentsOne Bedroom 575 SF1BR,1BA$800
Apex Johnson City2 Bed x 1.5 Bath Townhouse2BR,1BA$875

Best Value Apartments for Rent in Castlewood, VA and Nearby

As of June 11, 2026 the best value apartment in the Castlewood area is the $1.26 price per square foot Pearson Model at Villas at North Park in the in the Town Of Kingsport neighborhood starting from $1,784. The second greatest value Castlewood apartment is the 2 Bed x 2.5 Bath Townhouse Model at Apex Johnson City starting at $1,260 with a $1.02 price per square foot in the Downtown Johnson City neighborhood. Here is today’s list of the best values for Castlewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas at North ParkPearson3BR,2.5BA$1.26
Apex Johnson City2 Bed x 2.5 Bath Townhouse2BR,2.5BA$1.02
Buffalo Ridge ApartmentsBuffalo 2B 1.5B2BR,1.5BA$0.88
Beason Well Apartments3 Bedroom 603BR,2BA$0.99
915 Moreland DrMoreland 2B 1B2BR,1BA$0.95
Cross Creek2 Bedroom 2 Bathroom - B12BR,2BA$1.16
Kingsport Crossing2 bed x 2 bath2BR,2BA$1.20
The Village at Twin HillsTwinHills 1B 1.5B G1BR,1.5BA$1.17
Stoneview Homes1 Bed 720 SF1BR,1BA$1.11
The Place at Slate CreekOne Bedroom1BR,1BA$1.15

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Castlewood

What type of rentals are currently available in Castlewood?

There are currently 53 Apartments for Rent in Castlewood, VA with pricing that ranges from $675 to $3,400. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Castlewood ranging from $1,013 to $3,000.

What is the current price range for Rental Homes in Castlewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Castlewood ranges from $1,013 to $3,000 with an average monthly rent of $1,651.

How much are larger Three and Four Bedroom Rentals in Castlewood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Castlewood range from $950 to $2,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,013 and Four Bedroom Apartments start at $1,799.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.