
Cheap Homes for Rent in New Castle, CO from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in New Castle.


759 W 24th St

315 River View Dr
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.

736 Bennett Ave

3465 Co Rd 214

51519 Hwy 6
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 | $2,336 | $1,700 | $3,850 |
| New Castle 3 Bedroom Homes for Rent | $5,540 | $2,100 | $10,000+ |
| New Castle 4 Bedroom Homes for Rent | $13,922 | $3,000 | $10,000+ |
| New Castle 5 Bedroom Homes for Rent | $27,000 | $10,000 | $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. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,445. 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 |
| The Junction | Powderhorn- 0BR/1BA | Studio,1BA | $1,445 |
| 1074 Cedar Way | 2BR/1.5BA | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in New Castle, CO and Nearby
As of July 09, 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 2A Model at Rya Suites starting at $1,949 with a $1.55 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 |
| Rya Suites | 2A | 2BR,2BA | $1.55 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| 1074 Cedar Way | 2BR/1.5BA | 2BR,1.5BA | $1.44 |
| The Junction | Palisade- 2 BR/2BA | 2BR,2BA | $2.21 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1.79 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| The Slate on 25 | Malone | 1BR,1BA | $2.41 |
| Copper Village Apartments | The Kokopelli | 1BR,1BA | $2.10 |
| The Lofts at Steamboat Basecamp | 3x3 | 3BR,3BA | $2.11 |
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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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 49 Apartments for Rent in New Castle, CO with pricing that ranges from $800 to $19,495. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $1,300 to $27,000.
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 $27,000 with an average monthly rent of $10,109.
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 $2,100 to $15,000. Four Bedroom Single-Family rentals are also available starting from $3,000 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.