Cheap Apartments for Rent near New Castle, KY from $665 (51 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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Avoca
$1,093 - $1,763

Total Monthly Price

Base Rent$1,093 - $1,763
Total Monthly Price$1,093 - $1,763
1 to 3 Bedroom Apartments Available Now

Avoca

1405 Avoca Ridge DrLouisville, KY 40223
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Middletown Landing
Rent Specials
$1,200 - $1,950

Total Monthly Price

Base Rent$1,200 - $1,950
Total Monthly Price$1,200 - $1,950
1 to 2 Bedroom Apartments Available Now

Middletown Landing

700 Landis Ridge DrLouisville, KY 40245
Luxury
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  • Customer Reviewed
  • 3D Tour

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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Avoca II
$1,366 - $1,989

Total Monthly Price

Base Rent$1,366 - $1,989
Total Monthly Price$1,366 - $1,989
1 to 3 Bedroom Apartments Available Now

Avoca II

1453 Avoca Ridge DrLouisville, KY 40223
Family Friendly
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  • Customer Reviewed
  • 3D Tour
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ColaCommons
2 to 3 Bedroom Apartments

ColaCommons

80 Frankfort RdShelbyville, KY 40065
  • Utilities Included
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Cedar Springs
1 to 2 Bedroom Apartments

Cedar Springs

501 Cedar Springs PlLa Grange, KY 40031
  • 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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Cardinal Ridge Apartments
1 to 2 Bedroom Apartments

Cardinal Ridge Apartments

1350 Evergreen WaySimpsonville, KY 40067
Corporate Housing
  • 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 1-50, Page 1 of 2

New Castle, KY Local Guide

Cheapest Available New Castle Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Castle, KY is a 1 Bed unit found at Riverview Apartments priced from $706. Chamberlain Oaks in the Langdon Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview ApartmentsOne Bedroom One Bath1BR, 1BA$706
Chamberlain OaksOne Bedroom1BR, 1BA$835
Oldham Oaks2 Bedroom2BR, 2BA$905
Windhurst Park ApartmentsOne Bedroom Deluxe1BR, 1BA$940
HeathmooreOne Bed One Bath Standard1BR, 1BA$975
Sova1 Bedroom1BR, 1BA$999
Springhurst East Apartments1 Bedroom 1 Bathroom1BR, 1BA$1,001
Maple Brook ApartmentsA - Aubern1BR, 1BA$1,028
RosewoodOne Bed One Bath Standard1BR, 1BA$1,060
Hi-Point Apartments - Reduced Rent Special!One Bedroom1BR, 1BA$1,075

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

As of September 17, 2026 the best value apartment in the New Castle area is the $1.22 price per square foot Stallion Model at Crestwood Commons in the East End neighborhood starting from $1,795. The second greatest value New Castle apartment is the Wisteria Model at Terraces at Forest Springs in the Outer East End neighborhood starting at $1,749 with a $1.22 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.
Crestwood CommonsStallion3BR, 2BA$1.22
Terraces at Forest SpringsWisteria3BR, 2BA$1.22
Oldham Oaks3 Bedroom3BR, 2BA$0.91
Brook Haven Townhomes2 Beds, 1.5 baths2BR, 1.5BA$0.96
Shelby Oaks ApartmentsTwo Bedroom2BR, 2BA$1.10
Westport Woods2 Bed 1 Bath2BR, 1BA$1.18
Green Valley ApartmentsThe Fairway2BR, 1.5BA$1.21
Windhurst Park ApartmentsOne Bedroom Deluxe1BR, 1BA$1.12
Chamberlain OaksOne Bedroom1BR, 1BA$1.19
Riverview ApartmentsOne Bedroom One Bath1BR, 1BA$1.13

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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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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Pet Friendly Lifestyle

Ranked #

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

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New Castle, KY

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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 $706 at Riverview 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 $905 at Oldham Oaks.

What is the most affordable New Castle Three Bedroom Apartment?

The best deal on a cheap New Castle Three Bedroom Apartment rental is at Oldham Oaks and starts from $1,230.

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.