Cheap Apartments for Rent in New Castle, DE from $700 (38 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.

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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.

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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.

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Showing Results 1-38, Page 1 of 1

New Castle, DE Local Guide

Cheapest Neighborhoods for Apartments in New Castle, DE

Pricing Updated: 05/15/2026

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
New Castle Historic District$2,185$1,20922

Cheapest Available New Castle Apartments for Rent

 

The cheapest available apartment rental in New Castle, DE is a 1 Bed unit found at Georgetown Manor Apartments in the Traditions at Christiana neighborhood priced from $1,200. The Robinson in the Southbridge neighborhood has the second lowest priced unit, which is a 2 Beds 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
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1,200
The RobinsonVerbena2BR,1BA$1,200
New Castle CrossingAmstel1BR,1BA$1,204
Castlebrook ApartmentsStudio | 1 Bath1BR,1BA$1,219
William Penn Village Apartment HomesStudio - 280 sqftStudio,1BA$1,220
Orchard Court Apartments1 Bedroom1BR,1BA$1,300
Stonehurst GardenThe Christiana-1 bedroom1BR,1BA$1,300
Riverfront HeightsAugustine2BR,1BA$1,359
Waterside VillageThe Arbor1BR,1BA$1,380
The Villas Apartments1BR1BR,1BA$1,385

Best Value Apartments for Rent in New Castle, DE

As of May 15, 2026 the best value apartment in the New Castle area is the $1.44 price per square foot 2BR/2BA Model at The Helm and Deemers Landing in the in the Penns Beach neighborhood starting from $1,859. The second greatest value New Castle apartment is the 3 Bed | 2 Bath Model at Sophias Place East starting at $2,089 with a $1.77 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$1.44
Sophias Place East3 Bed | 2 Bath3BR,2BA$1.77
The Garrison2 Bedroom w Balcony2BR,1BA$1.62
Windsor Forest Townhomes2a. Two Bedroom One Bath2BR,1BA$1.55
Orchard Court Apartments2 Bedroom2BR,1BA$1.38
Riverfront HeightsSeneca2BR,2BA$1.55
Sophias Place West2 Bed | 2 Bath | Small2BR,2BA$1.77
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50
The RobinsonVerbena2BR,1BA$1.58
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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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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Best Local Schools in
New Castle, DE

School data provided by Great Schools

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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 Castlebrook Apartments listed at $1,219.

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

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

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.