
Cheap Homes for Rent near New Castle, VA from $950 (17 Rentals)
Search the lowest-cost Homes available for rent right now in New Castle.


2516 Oakland Blvd NW

2818 Burton Ave NW

610 S Market St

4722 Eden Dr NW
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.

925 Kellogg Ave NW

216 Dalewood Ave

926 Westside Blvd NW

2128 Orange Ave NW

943 35th St NW
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.

2730 Massachusetts Ave NW

1320 Dudley St NW

1234 Pechin Ave SE

2446 Denniston Ave SW

837 30th St NW
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.

5305 Century Dr

1415 Fresno St NW
New Castle, VA Local Guide

How much does it cost to rent a home in New Castle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Castle 2 Bedroom Homes for Rent | $1,438 | $1,223 | $1,800 |
| New Castle 3 Bedroom Homes for Rent | $1,709 | $1,295 | $2,350 |
| New Castle 4 Bedroom Homes for Rent | $2,216 | $1,850 | $2,500 |
| New Castle 6 Bedroom Homes for Rent | $1,623 | $1,623 | $1,623 |
Browse Top Homes for Rent in New Castle
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New Castle, VA Local Guide
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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 $990. Here is today’s list of the most affordable New Castle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Apartments | Studio | Studio,1BA | $690 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $990 |
| The Historic Blair Apartments | 2BR/1.0BA | 2BR,1BA | $995 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $995 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $1,014 |
Best Value Apartments for Rent in New Castle, VA and Nearby
As of September 11, 2026 the best value apartment in the New Castle area is the $1.38 price per square foot 3BR/2BA Upgraded Model at Brandon Point Apartments in the in the South Washington Heights neighborhood starting from $1,650. The second greatest value New Castle apartment is the 3 Bedroom Reno Model at 733 West starting at $1,655 with a $1.41 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for New Castle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brandon Point Apartments | 3BR/2BA Upgraded | 3BR,2BA | $1.38 |
| 733 West | 3 Bedroom Reno | 3BR,2BA | $1.41 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| North Point | 2BR | 2BR,2BA | $1.40 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1.11 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.22 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1021sq | 2BR,1.5BA | $1.33 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.36 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Castle, VA Rentals by Map
See the most popular apartments and homes in New Castle, VA
Frequently Asked Questions about New Castle
What type of rentals are currently available in New Castle?
There are currently 42 Apartments for Rent in New Castle, VA with pricing that ranges from $690 to $3,430. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $285 to $2,500.
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 $285 to $2,500 with an average monthly rent of $1,488.
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 $1,125 to $3,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,805.
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

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.

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.