Cheap Apartments for Rent in New Castle, DE from $700 (46 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article
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 Sep 1

35 Revelle St, Unit A

35 Revelle St
New CastleDE19720

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.

Read Article
close
View Me
Sophias Place West
1 to 2 Bedroom Apartments

Sophias Place West

30 Highland BlvdNew Castle, DE 19720

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.

Read Article
close
View Me
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.

Read Article
close
View Me
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.

Read Article
Showing Results 1-46, Page 1 of 1

New Castle, DE Local Guide

Cheapest Neighborhoods for Apartments in New Castle, DE

Pricing Updated: 08/14/2026

Current apartment rentals in the New Castle, DE area range in price from $1,204 to $3,333 with an overall median price of $1,757. 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$1,757$1,20426

Cheapest Available New Castle Apartments for Rent

 

The cheapest available apartment rental in New Castle, DE is a Studio unit found at Luxor Lifestyle Apartments Wilmington in the Southbridge neighborhood priced from $175. Cavalier Country Club Apartments in the Meadowood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Luxor Lifestyle Apartments WilmingtonA3Studio,1BA$175
Cavalier Country Club Apartments1BD Standard1BR,1BA$1,195
New Castle CrossingAmstel1BR,1BA$1,204
Castlebrook Apartments1 Bed | 1 Bath1BR,1BA$1,293
Orchard Court Apartments1 Bedroom1BR,1BA$1,300
Stonehurst GardenThe Christiana-1 bedroom1BR,1BA$1,310
William Penn Village Apartment HomesOne Bedroom - 866 sqft1BR,1BA$1,350
Waterside VillageThe Arbor1BR,1BA$1,380
Riverfront HeightsAugustine2BR,1BA$1,415
Meadowview ApartmentsOne Bedroom1BR,1BA$1,475

Best Value Apartments for Rent in New Castle, DE

As of August 14, 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 in the Penns Beach neighborhood starting from $2,305. The second greatest value New Castle apartment is the Vista Model at The Garrison starting at $1,850 with a $1.54 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.
The Helm and Deemers Landing2BR/2BA2BR,2BA$1.79
The GarrisonVista2BR,2BA$1.54
Castlebrook Apartments3 Bed | 1.5 Bath3BR,1.5BA$1.91
Orchard Court Apartments2 Bedroom2BR,1BA$1.38
Sophias Place East2 Bed | 2 Bath2BR,2BA$1.85
Windsor Forest Townhomes1a. 2 Floor Townhome One Bedroom w/den1BR,1BA$1.63
Riverfront HeightsSeneca2BR,2BA$1.61
William Penn Village Apartment HomesTwo Bedroom 1.5 Bath - 967 sqft2BR,1.5BA$1.77
Cavalier Country Club Apartments1BD Standard1BR,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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
New Castle, DE

School data provided by Great Schools

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

Explore New Castle, DE Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Castle, DE

View Map
New Castle, DE Apartments Map
View Map
New Castle, DE Rental Homes Map

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 $1,195 at Cavalier Country Club 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 $1,284 at New Castle Crossing.

What is the most affordable New Castle Three Bedroom Apartment?

The best deal on a cheap New Castle Three Bedroom Apartment rental is at Cavalier Country Club Apartments and starts from $1,570.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.