
Cheap Apartments for Rent in New Castle, DE from $700 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in New Castle.


New Castle Crossing

Georgetown Manor Apartments

Sophias Place East

108 W Monroe Ave

Appleby Apartments

William Penn Village Apartment Homes

The Villas Apartments
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.

35 Revelle St, Unit A

24 Deen St

Liberty Knoll Apartments

Willow Chase Apartments

Sophias Place West

733 Center St

Galloway Court Apartment Homes

Colonial Village 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.

10 Baylis St

The Robinson

Orchard Court Apartments

Newport Terrace Apartments

Cavalier Country Club Apartments

Riverfront Heights

Stonehurst Garden

Waterside Village
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.

The Residences at Justison Landing

Meadowview Apartments

School Bell Apartments

The Residences at Christina Landing

2405 Olden Ave

Applegate Apartments

Reserve at Mill Creek

8 S Dupont 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.

606 S Claymont St

1114 Lancaster Ave

518 E 12th St

623 S Connell St

1219 B St

428 S Jackson St

304 Porter St

827 N Jackson St
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

How much does it cost to rent an apartment in New Castle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New Castle Studio Apartments | $1,555 | $1,130 | $2,333 |
| Cheap New Castle 1 Bedroom Apartments | $1,837 | $1,169 | $3,105 |
| Cheap New Castle 2 Bedroom Apartments | $2,023 | $1,115 | $5,105 |
| Cheap New Castle 3 Bedroom Apartments | $2,380 | $1,570 | $2,990 |
Browse Top Apartments in New Castle
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New Castle, DE Local Guide
- New Castle Neighborhoods
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Cheapest Neighborhoods for Apartments in New Castle, DE
Pricing Updated: 06/29/2026Current 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 |
|---|---|---|---|
| Dobbinsville | $2,151 | $1,159 | 23 |
| New Castle Historic District | $2,185 | $1,204 | 11 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Robinson | Verbena | 2BR,1BA | $1,115 |
| Castlebrook Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1,169 |
| Cavalier Country Club Apartments | 1BD Standard | 1BR,1BA | $1,195 |
| Georgetown Manor Apartments | One Bedroom | 1BR,1BA | $1,200 |
| New Castle Crossing | Amstel | 1BR,1BA | $1,204 |
| Sophias Place West | 2 Bed | 2 Bath | Small | 2BR,2BA | $1,229 |
| Orchard Court Apartments | 1 Bedroom | 1BR,1BA | $1,300 |
| Stonehurst Garden | The Christiana-1 bedroom | 1BR,1BA | $1,320 |
| Sophias Place East | 1 Bed | 1 Bath | 1BR,1BA | $1,359 |
| Waterside Village | The Arbor | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dodson Court - Twin Homes | Dogwood | 3BR,2.5BA | $1.36 |
| Orchard Court Apartments | 2 Bedroom | 2BR,1BA | $1.38 |
| Sophias Place East | 2 Bed | 2 Bath | 2BR,2BA | $1.64 |
| Windsor Forest Townhomes | 1a. 2 Floor Townhome One Bedroom w/den | 1BR,1BA | $1.63 |
| Riverfront Heights | Fairfield* | 2BR,1BA | $1.56 |
| William Penn Village Apartment Homes | Two Bedroom 1.5 Bath - 967 sqft | 2BR,1.5BA | $1.69 |
| Georgetown Manor Apartments | One Bedroom | 1BR,1BA | $1.50 |
| The Robinson | Verbena | 2BR,1BA | $1.47 |
| Castlebrook Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1.55 |
| Cavalier Country Club Apartments | 1BD Standard | 1BR,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.
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, 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 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

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.