
Cheap Homes for Rent in New Castle, CO from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in New Castle.


2435 Rail Ave

2433 Rail Ave

2401 Rail Ave
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.

688 Clarkson Ave

1440 Grand Ave

234 Railroad Ave

1322 E 7th St
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.
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 | $2,500 | $1,500 | $8,500 |
| New Castle 3 Bedroom Homes for Rent | $9,916 | $1,900 | $10,000+ |
| New Castle 4 Bedroom Homes for Rent | $13,370 | $2,700 | $10,000+ |
Browse Top Homes for Rent 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 2 Beds unit found at 1074 Cedar Way priced from $1,350. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here is today’s list of the most affordable New Castle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1074 Cedar Way | 2BR/1.0BA | 2BR,1BA | $1,350 |
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,395 |
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in New Castle, CO and Nearby
As of December 24, 2025 the best value apartment in the New Castle area is the $1.57 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,395. The second greatest value New Castle apartment is the The Solona - three bedroom two bath Model at The Railyard at Rimrock starting at $2,185 with a $1.65 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 | $1.57 |
| The Railyard at Rimrock | The Solona - three bedroom two bath | 3BR,2BA | $1.65 |
| 1074 Cedar Way | 2BR/1.0BA | 2BR,1BA | $1.50 |
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.64 |
| Copper Village Apartments | The Monument | 1BR,1BA | $1.98 |
| Rya Suites | 1B | 1BR,1.5BA | $2.11 |
| Lofts | A2.1 | 1BR,1BA | $2.73 |
| The Slate on 25 | Napa | 1BR,1BA | $1.95 |
| The Landing on Horizon | The Napa | 1BR,1BA | $2.04 |
| SIX CANYON | Oasis | 1BR,1BA | $2.93 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 $1,330 to $7,500. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $1,500 to $35,000.
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 $1,500 to $35,000 with an average monthly rent of $7,102.
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 $2,185 to $7,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $35,000. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,395.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!