Cheap Homes for Rent in New Castle, VA from $800 (14 Rentals)

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

property at 821 Salem Ave SW

$870

Total Monthly Price

Total Monthly Price

Base Rent
$870

Total Monthly Price
$870

Studio, 1 Bath Condo for Rent

Available Jun 25

821 Salem Ave SW

RoanokeVA24016
property at 922 12th St SE

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

2 Bedroom, 1 Bath Home for Rent

Available Now

922 12th St SE

RoanokeVA24013
property at 2803 Burton Ave NW

$949

Total Monthly Price

Total Monthly Price

Base Rent
$949

Total Monthly Price
$949

2 Bedroom, 1 Bath Home for Rent

Available Now

2803 Burton Ave NW

RoanokeVA24012
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 1612 Campbell Ave SE

$1,023

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,023

Total Monthly Price
$1,023

3 Bedroom, 1 Bath Home for Rent

Available Now

1612 Campbell Ave SE

RoanokeVA24013
property at 10-12 1/2 12 1/2 St

$1,023

Total Monthly Price

Total Monthly Price

Base Rent
$1,023

Total Monthly Price
$1,023

3 Bedroom, 1.5 Bath Home for Rent

Available Apr 30

10-12 1/2 12 1/2 St

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 113 Norfolk Ave SW

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom Rentals

Available May 8

113 Norfolk Ave SW

RoanokeVA24011
property at 1813 Oxford Ave SW

$1,200

Total Monthly Price13 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom Rentals

Available Now

1813 Oxford Ave SW

RoanokeVA24015
property at 2916 Courtland Rd NW

$1,223

Total Monthly Price

Total Monthly Price

Base Rent
$1,223

Total Monthly Price
$1,223

2 Bedroom, 1 Bath Home for Rent

Available May 17

2916 Courtland Rd NW

RoanokeVA24012
property at 521 36th St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

3 Bedroom, 1 Bath Home for Rent

Available Now

521 36th St

RoanokeVA24017
property at 1423 Burrell St NW

$1,295

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Now

1423 Burrell St NW

RoanokeVA24012
property at 2205 Plantation Rd NE

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

2205 Plantation Rd NE

RoanokeVA24012
property at 2501 Liberty Rd NW

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

2501 Liberty Rd NW

RoanokeVA24012

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. Frontier Apartments in the Monterey neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$690
Frontier Apartments1 Bed Whitehall1BR,1BA$825
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$926
4419-4425 Lela Ave NE1 Bed 1 Bath1BR,1BA$975
The Heights at Gateway Park1 Bedroom Third Floor1BR,1BA$999

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

As of April 26, 2026 the best value apartment in the New Castle area is the $1.49 price per square foot 3 BR Type 1 Model at The Overlook at Daleville in the in the Cloverdale neighborhood starting from $2,175. The second greatest value New Castle apartment is the 3BR/2BA Upgraded Model at Brandon Point Apartments starting at $1,650 with a $1.38 price per square foot in the South Washington Heights 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 Overlook at Daleville3 BR Type 13BR,2BA$1.49
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$1.05
North Point2BR2BR,2BA$1.40
Gardens At Grandin - II2BR/1.0BA2BR,1BA$1.07
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.15
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.93
733 West2 Bedroom Reno2BR,2BA$1.53
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
WESTWIND APARTMENT HOMES2 Bedroom Gold without washer dryer hook ups2BR,1.5BA$1.51

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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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 41 Apartments for Rent in New Castle, VA with pricing that ranges from $690 to $3,410. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $849 to $3,400.

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 $849 to $3,400 with an average monthly rent of $1,774.

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 $3,329, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,023 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,795 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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.