Cheap Apartments for Rent in New Castle, DE from $1,000 (47 Rentals)

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

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 35 Revelle St
$1,600

Total Monthly Price

Base Rent$1,600
Total Monthly Price$1,600
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 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

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.

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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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Applegate Apartments
1 to 2 Bedroom Apartments

Applegate Apartments

20 Fort Sumpter RdPennsville, NJ 08070
  • Utilities Included

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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Reserve at Mill Creek
Studio to 3 Bedroom Apartments

Reserve at Mill Creek

131 Scarborough Park DrWilmington, DE 19804
  • Utilities Included

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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Showing Results 1-47, Page 1 of 1

New Castle, DE Local Guide

Cheapest Neighborhoods for Apartments in New Castle, DE

Pricing Updated: 09/28/2026

Current apartment rentals in the New Castle, DE area range in price from $1,204 to $3,133 with an overall median price of $1,685. Here is today’s list neighborhoods with the lowest median pricing for New Castle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
New Castle Historic District$1,685$1,20416

Cheapest Available New Castle Apartments for Rent

 

The cheapest available apartment rental in New Castle, DE is a 1 Bed unit found at Castlebrook Apartments priced from $1,136. Georgetown Manor Apartments in the Traditions at Christiana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Castlebrook Apartments1 Bed Jr | 1 Bath1BR, 1BA$1,136
Georgetown Manor ApartmentsOne Bedroom1BR, 1BA$1,200
The RobinsonVerbena2BR, 1BA$1,200
New Castle CrossingAmstel1BR, 1BA$1,204
Cavalier Country Club Apartments1BD Executive1BR, 1BA$1,220
Orchard Court Apartments1 Bedroom1BR, 1BA$1,300
Stonehurst GardenThe Christiana-1 bedroom1BR, 1BA$1,310
The Villas Apartments1BR1BR, 1BA$1,350
Waterside VillageThe Arbor1BR, 1BA$1,380
The Residences at Justison LandingThe Artist Loft - Small1BR, 1BA$1,430

Best Value Apartments for Rent in New Castle, DE

As of September 28, 2026 the best value apartment in the New Castle area is the $1.79 price per square foot 2BR/2BA Model at The Helm and Deemers Landing in the Penns Beach neighborhood starting from $2,305. The second greatest value New Castle apartment is the 2 Bedroom Model at Orchard Court Apartments in the Penns Beach neighborhood starting at $1,495 with a $1.38 price per square foot. 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.
The Helm and Deemers Landing2BR/2BA2BR, 2BA$1.79
Orchard Court Apartments2 Bedroom2BR, 1BA$1.38
Windsor Forest Townhomes1a. 2 Floor Townhome One Bedroom w/den1BR, 1BA$1.63
Castlebrook Apartments2 Bed | 1.5 Bath2BR, 1.5BA$1.70
23 Revelle St, Unit 23 Revelle23 Revelle St2BR, 1BA$1.49
The Garrison ApartmentsArbor1BR, 1BA$1.64
William Penn Village Apartment HomesOne Bedroom - 866 sqft1BR, 1BA$1.66
Georgetown Manor ApartmentsOne Bedroom1BR, 1BA$1.50
Cavalier Country Club Apartments1BD Executive1BR, 1BA$1.67
New Castle CrossingAmstel1BR, 1BA$1.85

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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

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

The lowest price for a Cheap One Bedroom New Castle Apartment is $1,136 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 $1,200 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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.