Cheap Apartments for Rent in New Castle County, DE from $400 (142 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Castle County.

Rent According to Income: A Look at Income-Restricted Rentals

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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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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.

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Cheapest Available New Castle County Apartments for Rent

 

The cheapest available apartment rental in New Castle County, DE is a Studio unit found at Luxor Lifestyle Apartments Wilmington in the Southbridge neighborhood priced from $175. Birchwood at Rodney Court 62+ Community in the Southbridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,042. Here is today’s list of the most affordable New Castle County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Luxor Lifestyle Apartments WilmingtonA3Studio,1BA$175
Birchwood at Rodney Court 62+ Community1 BEDROOM1BR,1BA$1,042
The Rutledge Apartments1Bed1BR,1BA$1,100
Water View CourtOne Bedroom1BR,1BA$1,100
Colonial CourtStudio, 1 bathStudio,1BA$1,100
Brandywine Hills ApartmentsEfficiencyStudio,1BA$1,129
Cavalier Country Club Apartments1BD Standard1BR,1BA$1,195

Best Value Apartments for Rent in New Castle County, DE

As of August 15, 2026 the best value apartment in the New Castle County area is the $1.53 price per square foot Cabernet Model at The Reserve at Forest Gate in the in the Patriots Glen neighborhood starting from $2,195. The second greatest value New Castle County apartment is the Vista Model at The Garrison starting at $1,850 with a $1.54 price per square foot in the Penns Beach neighborhood. Here is today’s list of the best values for New Castle County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at Forest GateCabernet3BR,2BA$1.53
The GarrisonVista2BR,2BA$1.54
Spring CrossingEmpire2BR,1.5BA$1.41
Summit Chase ApartmentsA23BR,2BA$1.52
The WaverlyAcademy - South 2X22BR,2BA$1.35
Westview Apartments2 Bedroom2BR,1.5BA$1.55
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Birchwood at Rodney Court 62+ Community2 BEDROOM2BR,1BA$1.41
3 Corbin Ct, Unit 3-C Corbin Court3 Corbin Ct1BR,1BA$1.44
1135 Lancaster Ave, Unit B room 21135 Lancaster Ave1BR,1BA$1.21

Frequently Asked Questions about Cheap New Castle County Apartments

What is a cheap apartment in New Castle County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in New Castle County is under $1,195.

What is the price of a cheap apartment in New Castle County?

The cheapest apartment in New Castle County is Birchwood at Rodney Court 62+ Community which is listed at $1,042, while the average apartment in New Castle County costs $1,835.

What types of apartments are the cheapest in New Castle County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in New Castle County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in New Castle County?

Cheap apartments in New Castle County have an average cost of $706 which is $1,129 cheaper than the average rent for all rentals in New Castle County.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.