Cheap Homes for Rent in New Castle, VA from $900 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in New Castle.

property at 8188 Lee Hwy

$265

Total Monthly Price

Total Monthly Price

Base Rent
$265

Total Monthly Price
$265

Studio, 1 Bath Condo for Rent

Available Now

8188 Lee Hwy

TroutvilleVA24175
property at 717 Orange Ave NW

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

717 Orange Ave NW

RoanokeVA24016
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
property at 814 Tennessee St

$990

Total Monthly Price

Total Monthly Price

Base Rent
$990

Total Monthly Price
$990

2 Bedroom, 1 Bath Townhome for Rent

Available Now

814 Tennessee St

SalemVA24153
property at 1415 15th St NE

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

1415 15th St NE

RoanokeVA24012
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 Jun 15

1516 King St

SalemVA24153
property at 416 Hanover Ave NW

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

416 Hanover Ave NW

RoanokeVA24016

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.

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 3816 Dakota Ave NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Jun 15

3816 Dakota Ave NW

RoanokeVA24017
property at 615 S Colorado St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1.5 Bath Home for Rent

Available Now

615 S Colorado St

SalemVA24153
property at 745 Queen Ave NW

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

745 Queen Ave NW

RoanokeVA24012
property at 813 Gilmer Ave NW

$1,322

Total Monthly Price

Total Monthly Price

Base Rent
$1,322

Total Monthly Price
$1,322

2 Bedroom, 1 Bath Home for Rent

Available Now

813 Gilmer Ave NW

RoanokeVA24016
property at 811 Peck St NW

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 2 Bath Home for Rent

Available Now

811 Peck St NW

RoanokeVA24017
property at 1116 Fairfax Ave NW

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

1116 Fairfax Ave NW

RoanokeVA24017

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, 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. Peters Creek Apartments - Tax Credit in the Monterey neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $926. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$690
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$926
The Historic Blair Apartments2BR/1.0BA2BR,1BA$995
The Flats at Rutgers1x11BR,1BA$999
North View ApartmentsClassic plus1BR,1BA$1,049

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

As of June 10, 2026 the best value apartment in the New Castle area is the $1.04 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 $1,430. The second greatest value New Castle apartment is the 2 Bedroom Model at The Aspen starting at $1,549 with a $1.26 price per square foot in the Westview Terrace 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$1.04
The Aspen2 Bedroom2BR,2BA$1.26
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
Blue Ridge Village2/1.5 50% AMI2BR,1.5BA$1.11
North Point2BR2BR,2BA$1.40
West Creek Manor2 Bedroom2BR,1BA$1.11
Gardens at Grandin2BR/1.0BA2BR,1BA$1.07
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.99
Northridge VillageB12BR,1BA$1.25
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28

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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Quick Rent Budget Calculator

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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 41 Apartments for Rent in New Castle, VA with pricing that ranges from $690 to $3,460. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $265 to $3,195.

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 $265 to $3,195 with an average monthly rent of $1,429.

How much are larger Three and Four Bedroom Rentals in New Castle?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Castle range from $1,047 to $3,460, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,790.

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 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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.