
Cheap Apartments for Rent in New Castle, DE from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in New Castle.


New Castle Crossing

Georgetown Manor Apartments

The Villas Apartments

Total Monthly Price
William Penn Village Apartment Homes

Liberty Knoll Apartments
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.

Willow Chase Apartments

Meadowview Apartments

Orchard Court Apartments

Riverfront Heights

Newport Terrace Apartments

Cavalier Country Club Apartments
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.

Total Monthly Price
The Robinson

Stonehurst Garden

Waterside Village

Applegate Apartments

1808 W 3rd St

422 E 4th St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

201 E 13th St

Reserve at Mill Creek
New Castle, DE Local Guide

How much does it cost to rent an apartment in New Castle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New Castle Studio Apartments | $1,653 | $1,025 | $2,188 |
| Cheap New Castle 1 Bedroom Apartments | $1,784 | $1,134 | $3,660 |
| Cheap New Castle 2 Bedroom Apartments | $1,904 | $1,240 | $4,620 |
| Cheap New Castle 3 Bedroom Apartments | $2,370 | $1,570 | $2,930 |
Browse Top Apartments in New Castle
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New Castle, DE Local Guide
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Cheapest Neighborhoods for Apartments in New Castle, DE
Pricing Updated: 03/31/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| New Castle Historic District | $2,185 | $1,134 | 26 |
Cheapest Available New Castle Apartments for Rent
 The cheapest available apartment rental in New Castle, DE is a Studio unit found at Meadowview Apartments in the Penns Beach neighborhood priced from $1,025. New Castle Crossing in the New Castle Historic District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,164. Here is today’s list of the most affordable New Castle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowview Apartments | Studio | Studio,1BA | $1,025 |
| New Castle Crossing | Amstel | 1BR,1BA | $1,164 |
| Cavalier Country Club Apartments | 1BD Standard | 1BR,1BA | $1,195 |
| Georgetown Manor Apartments | One Bedroom | 1BR,1BA | $1,200 |
| Applegate Apartments | One Bedroom | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in New Castle, DE
As of March 31, 2026 the best value apartment in the New Castle area is the $1.62 price per square foot 2 Bedroom w Balcony Model at The Garrison in the in the Penns Beach neighborhood starting from $1,900. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Garrison | 2 Bedroom w Balcony | 2BR,1BA | $1.62 |
| Orchard Court Apartments | 2 Bedroom | 2BR,1BA | $1.38 |
| Sophias Place East | 2 Bed | 2 Bath | 2BR,2BA | $1.76 |
| Windsor Forest Townhomes | 1a. 2 Floor Townhome One Bedroom w/den | 1BR,1BA | $1.60 |
| Riverfront Heights | Fairfield | 2BR,1BA | $1.44 |
| Sophias Place West | 2 Bed | 2 Bath | Small | 2BR,2BA | $1.82 |
| Georgetown Manor Apartments | One Bedroom | 1BR,1BA | $1.50 |
| Cavalier Country Club Apartments | 1BD Standard | 1BR,1BA | $1.67 |
| Applegate Apartments | One Bedroom | 1BR,1BA | $1.75 |
| Waterside Village | The Arbor | 1BR,1BA | $1.89 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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, DE
Eisenberg (Harry O.) Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Castle, DE Rentals by Map
See the most popular apartments and homes in New Castle, DE
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 Meadowview Apartments listed at $1,025.
How much is rent for a Cheap One Bedroom New Castle Apartment?
The lowest price for a Cheap One Bedroom New Castle Apartment is $1,165 at The Robinson.
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 $1,240 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 Sophias Place East and starts from $1,842.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.