
Cheap Homes for Rent in Newcastle, ON from $500 (26 Rentals)
Search the lowest-cost Homes available for rent right now in Newcastle.


588 Howden St

1260 Pulpit Rd

641 Fortye Dr

1241 Huntington Cir

926 Dainard Dr
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.

2148 Springwood Rd

1103 Huntington Cir

260 Lansdowne St W

160 Belmont Dr

160 Belmont Dr

1037 Arthur St
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.

45 King Ave E

45 King Ave E

82 Ziibi Wy

82 Ziibi Wy

1019 Simcoe St N

809 Simcoe St N
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

267 Bethune St

265 Bethune St

80 Walton St

14 Styles Cres

3 Christine Elliott Av

50 Gabrielle Cres
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

45 King Ave E

45 King Ave E
Newcastle, ON Local Guide
How much does it cost to rent a home in Newcastle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newcastle 2 Bedroom Homes for Rent | $1,843 | $650 | $3,500 |
| Newcastle 3 Bedroom Homes for Rent | $2,299 | $575 | $3,000 |
| Newcastle 4 Bedroom Homes for Rent | $3,816 | $650 | $4,999 |
Browse Top Homes for Rent in Newcastle
Explore Newcastle
Newcastle, ON Local Guide
- Nearby Cities
Cheapest Available Newcastle Apartments for Rent and Nearby
 The cheapest available apartment rental in Newcastle, ON is a Studio unit found at Bradley Court in the Church Yonge Corridor neighborhood priced from $1,045. Bradley Courts in the Church Yonge Corridor neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here is today’s list of the most affordable Newcastle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bradley Court | Bachelor | Studio,1BA | $1,045 |
| Bradley Courts | Bachelor with Balcony | Studio,1BA | $1,200 |
| Rose Garden Apartments | 1 Bedroom | 1BR,1BA | $1,475 |
| The Viscount & Cavalier Apartments | 1 Bedroom - Upgraded | 1BR,1BA | $1,500 |
| 836 Talwood Dr | 1 Bedroom | 1BR,1BA | $1,543 |
| Main Square | 1 Bed 1 Bath G | 1BR,1BA | $1,575 |
| Tarawood Place | 1 Bed 1 Bath A | 1BR,1BA | $1,600 |
| 1211 Goodfellow Road | 1 Bedroom | 1BR,1BA | $1,630 |
| Park Towers | 1 Bedroom | 1BR,1BA | $1,645 |
| Sherwood Apartments | 0 Bedroom(s) and 1 Bathroom(s) | Studio,1BA | $1,649 |
Best Value Apartments for Rent in Newcastle, ON and Nearby
As of April 19, 2026 the best value apartment in the Newcastle area is the $1.88 price per square foot 1 Bedroom Model at Clifton Manor in the in the Rosedale neighborhood starting from $2,310. The second greatest value Newcastle apartment is the Three Bedroom Model at 21 Welsford Gdns starting at $2,699 with a $2.28 price per square foot in the Parkwoods Donalda neighborhood. Here is today’s list of the best values for Newcastle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Clifton Manor | 1 Bedroom | 1BR,1BA | $1.88 |
| 21 Welsford Gdns | Three Bedroom | 3BR,1.5BA | $2.28 |
| Carriage Hill | 2 Bed 1 Bath A | 2BR,1BA | $1.95 |
| Valley Court | 2 Bedroom(s) and 1 Bathroom(s) | 2BR,1BA | $2.25 |
| 1200 Talwood Court | 2 Bedroom | 2BR,1BA | $1.92 |
| 30 Gilder Dr | 2 Bedroom | 2BR,1BA | $2.22 |
| Regent Apartments | 2 bedrooms | 2BR,1BA | $2.03 |
| 230 Nipigon St | 2 Bedroom | 2BR,1BA | $2.22 |
| The Richelieu | 2 Bedroom | 2BR,1BA | $2.11 |
| Parkhill | 1 Bedroom | 1BR,1BA | $2.06 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 Newcastle, ON Rentals by Map
See the most popular apartments and homes in Newcastle, ON
Frequently Asked Questions about Newcastle
What type of rentals are currently available in Newcastle?
There are currently 105 Apartments for Rent in Newcastle, ON with pricing that ranges from $648 to $5,770. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newcastle ranging from $575 to $5,700.
What is the current price range for Rental Homes in Newcastle?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Newcastle ranges from $575 to $5,700 with an average monthly rent of $2,753.
How much are larger Three and Four Bedroom Rentals in Newcastle?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Newcastle range from $1,115 to $5,770, while Three Bedroom Homes, Condos, and Townhomes for rent range from $575 to $3,000. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $648.
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

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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.