Cheap Homes for Rent near New Castle, DE from $800 (7 Rentals)

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Search the lowest-cost Homes 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.

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

Cheapest Neighborhoods for Apartments in New Castle, DE

Pricing Updated: 07/21/2026

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$2,950$1,9003

Cheapest Available New Castle Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Castle, DE is a 2 Beds unit found at The Robinson in the Southbridge neighborhood priced from $1,080. Castlebrook Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,127. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RobinsonVerbena2BR,1BA$1,080
Castlebrook Apartments1 Bed | 1 Bath1BR,1BA$1,127
New Castle CrossingColonial1BR,1BA$1,174

Best Value Apartments for Rent in New Castle, DE and Nearby

As of July 22, 2026 the best value apartment in the New Castle area is the $1.83 price per square foot Row Model at The Residences at Christina Landing in the in the Southbridge neighborhood starting from $2,710. The second greatest value New Castle apartment is the 2BR/2BA Model at The Helm and Deemers Landing starting at $2,073 with a $1.61 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 Residences at Christina LandingRow2BR,2BA$1.83
The Helm and Deemers Landing2BR/2BA2BR,2BA$1.61
The GarrisonPanorama2BR,2BA$1.79
Orchard Court Apartments2 Bedroom2BR,1BA$1.38
Windsor Forest Townhomes1a. 2 Floor Townhome One Bedroom w/den1BR,1BA$1.63
William Penn Village Apartment HomesTwo Bedroom 1.5 Bath - 967 sqft2BR,1.5BA$1.78
Riverfront HeightsAugustine2BR,1BA$1.56
Sophias Place East1 Bed | 1 Bath1BR,1BA$1.63
The RobinsonVerbena2BR,1BA$1.42
Cavalier Country Club Apartments1BD Executive1BR,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.

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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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Frequently Asked Questions about New Castle

What type of rentals are currently available in New Castle?

There are currently 55 Apartments for Rent in New Castle, DE with pricing that ranges from $1,075 to $4,840. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $875 to $3,750.

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 $875 to $3,750 with an average monthly rent of $1,906.

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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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.

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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.

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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.