
Cheap Apartments for Rent in New Castle, CO from $700 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in New Castle.


1074 Cedar Way

The Junction

Total Monthly Price
Peppermill Lofts

Summit View Terrace

SLICK ROCK APARTMENTS

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The Railyard at Rimrock

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Flour Mill
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.

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The Slate on 25

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The Landing on Horizon

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Rya Suites

The House Apartments

Oxbow Apartments

397 W 25th St

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Copper Village Apartments

Ski Town Apartments
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.

Storm Peak Apartments

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The Meadows

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Lofts

SIX CANYON

Deer Valley Apartments

755 W 2nd St

Dream Island

The Eddy Apartments
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.

702 Midland Ave

934 W 24th St

L3 at Green Leaf Lofts

Main Street Apartments

Flats on 2nd Apartments

Red Table Apartments

1322 E 7th St

350 Greenway Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

736 Bennett Ave
New Castle, CO Local Guide

How much does it cost to rent an apartment in New Castle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Castle Studio Apartments | $1,964 | $1,415 | $3,483 |
| New Castle 1 Bedroom Apartments | $3,172 | $1,420 | $10,000+ |
| New Castle 2 Bedroom Apartments | $5,758 | $800 | $10,000+ |
| New Castle 3 Bedroom Apartments | $3,795 | $2,345 | $7,500 |
| New Castle 4 Bedroom Apartments | $3,562 | $3,562 | $3,562 |
Browse Top Apartments in New Castle
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New Castle, CO Local Guide
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Cheapest Available New Castle Apartments for Rent and Nearby
 The cheapest available apartment rental in New Castle, CO is a Studio unit found at The Junction in the Historic Downtown Grand Junction neighborhood priced from $1,370. The Slate on 25 in the Appleton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,558. Here is today’s list of the most affordable New Castle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,370 |
| The Slate on 25 | Abbey | Studio,1BA | $1,558 |
| Flour Mill | The Millstone | Studio,1BA | $1,601 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| The House Apartments | Studio - S1 | Studio,1BA | $1,699 |
| Oxbow Apartments | Studio | Studio,1BA | $1,700 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
| Copper Village Apartments | The Monument | 1BR,1BA | $1,765 |
| Storm Peak Apartments | Studio | Studio,1BA | $1,850 |
| Ski Town Apartments | Small Studio | Studio,1BA | $1,850 |
Best Value Apartments for Rent in New Castle, CO and Nearby
As of May 07, 2026 the best value apartment in the New Castle area is the $1.64 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,557. The second greatest value New Castle apartment is the The Riverside - two bedroom two bath Model at The Railyard at Rimrock starting at $1,970 with a $1.78 price per square foot in the Appleton neighborhood. Here is today’s list of the best values for New Castle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pomona Park Townhomes | End Unit | 3BR,2.5BA | $1.64 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| Copper Village Apartments | The Monument | 1BR,1BA | $2.12 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| SIX CANYON | Oasis | 1BR,1BA | $3.21 |
| Skiview Place Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $3.40 |
| The Lofts at Steamboat Basecamp | Studio | Studio ,1BA | $3.11 |
| The Slate on 25 | Abbey | Studio ,1BA | $2.73 |
| The Junction | Jackalope- 0BR/1BA | Studio ,1BA | $2.97 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in New Castle, CO
Kathryn Senor Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Castle, CO Rentals by Map
See the most popular apartments and homes in New Castle, CO
Frequently Asked Questions about Cheap New Castle Apartments
What is the Cheapest Studio apartment in New Castle?
Currently the most affordable Cheap Studio Apartment in New Castle is at The Junction listed at $1,370.
How much is rent for a Cheap One Bedroom New Castle Apartment?
The lowest price for a Cheap One Bedroom New Castle Apartment is $1,633 at The Slate on 25.
What is the lowest price for a Cheap Two Bedroom New Castle Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Castle is starting from $1,650 at Peppermill Lofts.
What is the most affordable New Castle Three Bedroom Apartment?
The best deal on a cheap New Castle Three Bedroom Apartment rental is at Pomona Park Townhomes and starts from $2,557.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.