
Cheap Homes for Rent in New Castle, CO from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in New Castle.


2401 Rail Ave
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.

934 W 24th St

3465 Co Rd 214
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.

1322 E 7th St
New Castle, CO Local Guide

How much does it cost to rent a home in New Castle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Castle 2 Bedroom Homes for Rent | $2,932 | $1,500 | $8,500 |
| New Castle 3 Bedroom Homes for Rent | $4,663 | $1,700 | $10,000+ |
| New Castle 4 Bedroom Homes for Rent | $15,925 | $3,400 | $10,000+ |
Browse Top Homes for Rent in New Castle
Explore New Castle
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 2 Beds unit found at SLICK ROCK APARTMENTS in the Appleton neighborhood priced from $1,425. Flour Mill in the Hilltop Homes neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,535. Here is today’s list of the most affordable New Castle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| Flour Mill | The Millstone | Studio,1BA | $1,535 |
| The Slate on 25 | Napa | 1BR,1BA | $1,633 |
Best Value Apartments for Rent in New Castle, CO and Nearby
As of May 25, 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 Three Bedroom - River View Model at River Run starting at $3,980 with a $3.06 price per square foot . 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 |
| River Run | Three Bedroom - River View | 3BR,2BA | $3.06 |
| Copper Village Apartments | The Mesa | 2BR,2BA | $1.89 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| 939-951 Iowa Ave | 3BR/1.0BA | 3BR,1BA | $1.61 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| The Slate on 25 | Napa | 1BR,1BA | $2.18 |
| The Lofts at Steamboat Basecamp | 3x3 | 3BR,3BA | $2.11 |
| The Junction | Monument- 1 BR/1BA | 1BR,1BA | $2.85 |
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!
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Frequently Asked Questions about New Castle
What type of rentals are currently available in New Castle?
There are currently 46 Apartments for Rent in New Castle, CO with pricing that ranges from $800 to $19,495. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $1,300 to $25,000.
What is the current price range for Rental Homes in New Castle?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Castle ranges from $1,300 to $25,000 with an average monthly rent of $6,442.
How much are larger Three and Four Bedroom Rentals in New Castle?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Castle range from $1,650 to $7,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $11,000. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $3,562.
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.