Cheap Apartments for Rent in New Castle, VA from $500 (28 Rentals)

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Frontier Apartments
$799 - $1,499
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$799 - $1,499

Total Monthly Price
$799 - $1,499
1 to 2 Bedroom Apartments Contact Us For Availability

Frontier Apartments

4302-4410 Plantation Rd NERoanoke, VA 24012
Pet Friendly
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The Cove Apartments
$916 - $1,201
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $1,201

Total Monthly Price
$916 - $1,201
2 to 3 Bedroom Apartments Available Now

The Cove Apartments

3816 Panorama Ave NWRoanoke, VA 24017
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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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West Creek Manor
$1,075 - $1,435
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,335
Required Monthly Fees
$100

Total Monthly Price
$1,075 - $1,435
1 to 3 Bedroom Apartments Contact Us For Availability

West Creek Manor

410-1 Westside Blvd NWRoanoke, VA 24017
Furnished
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  • Utilities Included
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Brandon Point Apartments
$1,150 - $1,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,650

Total Monthly Price
$1,150 - $1,650
2 to 3 Bedroom Apartments Available Now

Brandon Point Apartments

3801-3819 Stratford Park Dr SWRoanoke, VA 24018
Family Friendly
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  • Customer Reviewed
  • Utilities Included
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CAMELOT VILLAGE
$1,185 - $1,735
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,730
Required Monthly Fees
$5

Total Monthly Price
$1,185 - $1,735
1 to 3 Bedroom Apartments Available Now

CAMELOT VILLAGE

900 Camelot DrSalem, VA 24153
Corporate Housing
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Sterlingwood Apartments
$1,196 - $1,587
Total Monthly Price

Total Monthly Price

Base Rent
$1,166 - $1,557
Required Monthly Fees
$30

Total Monthly Price
$1,196 - $1,587
1 to 2 Bedroom Apartments Available Now

Sterlingwood Apartments

2215 Montauk RdRoanoke, VA 24017
Family Friendly
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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.

property at 1624 Chapman Ave SW

$799

Total Monthly Price

Total Monthly Price

Base Rent
$799

Total Monthly Price
$799

1 Bedroom, 1 Bath Home for Rent

Available Now

1624 Chapman Ave SW

RoanokeVA24016
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4306 Williamson Rd NW
2 Bedroom Apartments

4306 Williamson Rd NW

4306 Williamson Rd NWRoanoke, VA 24012
  • Utilities Included
property at 2516 Oakland Blvd NW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

2516 Oakland Blvd NW

RoanokeVA24012
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4419-4425 Lela Ave NE
1 Bedroom Apartments

4419-4425 Lela Ave NE

4419-4425 Lela Ave NERoanoke, VA 24019
  • Utilities Included
property at 416 Hanover Ave NW

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

416 Hanover Ave NW

RoanokeVA24016
property at 4111 Maine Ave NW

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

4111 Maine Ave NW

RoanokeVA24017

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.

property at 123 Main St SW

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

123 Main St SW

RoanokeVA24015
property at 1516 King St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

1516 King St

SalemVA24153
property at 2803 Burton Ave NW

$1,149

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,149

Total Monthly Price
$1,149

2 Bedroom, 2 Bath Home for Rent

Available Now

2803 Burton Ave NW

RoanokeVA24012
property at 3821 Vermont Ave NW

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

3821 Vermont Ave NW

RoanokeVA24017
property at 1423 Burrell St NW

$1,195

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

1423 Burrell St NW

RoanokeVA24012
property at 603 Strand Rd NE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

603 Strand Rd NE

RoanokeVA24012
property at 710 Boon St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

710 Boon St

SalemVA24153

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.

New Castle, VA Local Guide

Cheapest Available New Castle Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Castle, VA is a Studio unit found at Ridgeview Apartments in the Monterey neighborhood priced from $690. The Cove Apartments in the Peachtree Norwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $916. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$690
The Cove Apartments2x12BR,1BA$916
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$990
Gardens At Grandin - II1BR/1.0BA1BR,1BA$995
The Flats at Rutgers1x11BR,1BA$1,014
Blue Ridge Village Apartments2/1.5 40% AMI2BR,1BA$1,015
North View ApartmentsClassic plus1BR,1BA$1,049
The Heights at Gateway Park1 Bedroom Third Floor1BR,1BA$1,099
The Historic Blair Apartments2BR/1.0BA2BR,1BA$1,100
CAMELOT VILLAGE2 Bedroom2BR,1BA$1,185

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

As of July 21, 2026 the best value apartment in the New Castle area is the $1.06 price per square foot 3 Bedroom x 1.5 Bathroom Classic Floor Plan Model at Countryside Estates in the in the Peachtree Norwood neighborhood starting from $1,457. The second greatest value New Castle apartment is the 3b 1b 1343sq Model at Bent Creek Apartments and Townhomes starting at $1,520 with a $1.13 price per square foot in the Monterey 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.
Countryside Estates3 Bedroom x 1.5 Bathroom Classic Floor Plan3BR,1.5BA$1.06
Bent Creek Apartments and Townhomes3b 1b 1343sq3BR,1BA$1.13
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
Blue Ridge Village Apartments2/1.5 40% AMI2BR,1.5BA$0.91
The Crest ApartmentsThree Bedroom Two Bathroom3BR,2BA$1.46
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.99
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.36
The Cove Apartments2x12BR,1BA$1.15
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1.24
North View ApartmentsClassic plus1BR,1BA$1.40

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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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 $995 at Gardens At Grandin - II.

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 $916 at The Cove Apartments.

What is the most affordable New Castle Three Bedroom Apartment?

The best deal on a cheap New Castle Three Bedroom Apartment rental is at Peters Creek Apartments - Tax Credit and starts from $1,125.

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 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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.