Cheap Homes for Rent in New Castle, DE from $600 (10 Rentals)

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Search the lowest-cost Homes 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.

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.

New Castle, DE Local Guide

Cheapest Neighborhoods for Apartments in New Castle, DE

Pricing Updated: 04/21/2026

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$1,17428

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. The Robinson in the Southbridge neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,185. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowview ApartmentsStudioStudio,1BA$1,025
The RobinsonVerbena2BR,1BA$1,185
Cavalier Country Club Apartments1BD Standard1BR,1BA$1,195

Best Value Apartments for Rent in New Castle, DE

As of April 21, 2026 the best value apartment in the New Castle area is the $1.45 price per square foot 2BR/2BA Model at The Helm and Deemers Landing in the in the Penns Beach neighborhood starting from $1,870. The second greatest value New Castle apartment is the 3 Bed | 2 Bath Model at Sophias Place East starting at $2,044 with a $1.73 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$1.45
Sophias Place East3 Bed | 2 Bath3BR,2BA$1.73
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 HeightsFairfield*2BR,1BA$1.50
The Residences at Christina LandingLifestyle1BR,1BA$1.84
The RobinsonDahlia3BR,1BA$1.83
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50
Cavalier Country Club Apartments1BD Standard1BR,1BA$1.67

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.

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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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The 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.

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

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Frequently Asked Questions about New Castle

What type of rentals are currently available in New Castle?

There are currently 52 Apartments for Rent in New Castle, DE with pricing that ranges from $1,025 to $4,620. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $650 to $2,700.

What is the current price range for Rental Homes in New Castle?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Castle ranges from $650 to $2,700 with an average monthly rent of $1,724.

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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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.

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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.

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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.