Cheap Apartments for Rent in New Castle, DE from $700 (40 Rentals)

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

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.

property at 35 Revelle St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 16

35 Revelle St, Unit A

35 Revelle St
New CastleDE19720
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Sophias Place West
1 to 2 Bedroom Apartments

Sophias Place West

30 Highland BlvdNew Castle, DE 19720

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.

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.

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Applegate Apartments
1 to 2 Bedroom Apartments

Applegate Apartments

20 Fort Sumpter RdPennsville, NJ 08070
  • Utilities Included
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Reserve at Mill Creek
Studio to 3 Bedroom Apartments

Reserve at Mill Creek

131 Scarborough Park DrWilmington, DE 19804
  • Utilities Included

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

New Castle, DE Local Guide

Cheapest Neighborhoods for Apartments in New Castle, DE

Pricing Updated: 06/29/2026

Current apartment rentals in the New Castle, DE area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for New Castle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Dobbinsville$2,151$1,15923
New Castle Historic District$2,185$1,20411

Cheapest Available New Castle Apartments for Rent

 

The cheapest available apartment rental in New Castle, DE is a 2 Beds unit found at The Robinson in the Southbridge neighborhood priced from $1,115. Castlebrook Apartments in the Dobbinsville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,169. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RobinsonVerbena2BR,1BA$1,115
Castlebrook Apartments1 Bed | 1 Bath1BR,1BA$1,169
Cavalier Country Club Apartments1BD Standard1BR,1BA$1,195
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1,200
New Castle CrossingAmstel1BR,1BA$1,204
Sophias Place West2 Bed | 2 Bath | Small2BR,2BA$1,229
Orchard Court Apartments1 Bedroom1BR,1BA$1,300
Stonehurst GardenThe Christiana-1 bedroom1BR,1BA$1,320
Sophias Place East1 Bed | 1 Bath1BR,1BA$1,359
Waterside VillageThe Arbor1BR,1BA$1,380

Best Value Apartments for Rent in New Castle, DE

As of June 30, 2026 the best value apartment in the New Castle area is the $1.36 price per square foot Dogwood Model at Dodson Court - Twin Homes in the in the The Flats neighborhood starting from $2,990. The second greatest value New Castle apartment is the 2 Bedroom Model at Orchard Court Apartments starting at $1,495 with a $1.38 price per square foot in the Penns Beach neighborhood. Here is today’s list of the best values for New Castle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dodson Court - Twin HomesDogwood3BR,2.5BA$1.36
Orchard Court Apartments2 Bedroom2BR,1BA$1.38
Sophias Place East2 Bed | 2 Bath2BR,2BA$1.64
Windsor Forest Townhomes1a. 2 Floor Townhome One Bedroom w/den1BR,1BA$1.63
Riverfront HeightsFairfield*2BR,1BA$1.56
William Penn Village Apartment HomesTwo Bedroom 1.5 Bath - 967 sqft2BR,1.5BA$1.69
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50
The RobinsonVerbena2BR,1BA$1.47
Castlebrook Apartments1 Bed | 1 Bath1BR,1BA$1.55
Cavalier Country Club Apartments1BD Standard1BR,1BA$1.67

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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 River House Apartments listed at $1,643.

How much is rent for a Cheap One Bedroom New Castle Apartment?

The lowest price for a Cheap One Bedroom New Castle Apartment is $1,169 at Castlebrook Apartments.

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 $1,115 at The Robinson.

What is the most affordable New Castle Three Bedroom Apartment?

The best deal on a cheap New Castle Three Bedroom Apartment rental is at Meadowview Apartments and starts from $1,875.

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

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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.

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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.

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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.

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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.