Cheap Apartments for Rent in New Castle, CO from $700 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-19, Page 1 of 1

New Castle, CO Local Guide

Cheapest Available New Castle Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Castle, CO is a 1 Bed unit found at Summit View Terrace in the Central Grand Junction neighborhood priced from $1,225. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,342. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Summit View Terrace1BR/1.0BA1BR,1BA$1,225
The JunctionJackalope- 0BR/1BAStudio,1BA$1,342
Rya Suites1A1BR,1BA$1,569
Peppermill Lofts2x1 900 SF2BR,1BA$1,570
951 Iowa Avenue3BR/1.0BA3BR,1BA$1,595

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

As of April 13, 2025 the best value apartment in the New Castle area is the $1.56 price per square foot 3BR/1.0BA Model at 951 Iowa Avenue in the starting from $1,595. The second greatest value New Castle apartment is the Two Bedroom - River View Model at River Run starting at $3,567 with a $3.66 price per square foot . 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.
951 Iowa Avenue3BR/1.0BA3BR,1BA$1.56
River RunTwo Bedroom - River View2BR,2BA$3.66
Peppermill Lofts2x1 8952BR,1BA$1.75
Green Leaf LoftsA11BR,1BA$3.57
Summit View Terrace1BR/1.0BA1BR,1BA$1.75
Main Street Apartments1 Bed1BR,1BA$2.75
Rya Suites1A1BR,1BA$2.27
SIX CANYONOasis1BR,1BA$3.60
The Lofts at Steamboat BasecampStudioStudio ,1BA$3.28
The JunctionUte- 0BR/1BAStudio ,1BA$3.23

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
New Castle, CO

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Castle, CO Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Castle, CO

View MapNew Castle, CO Apartments MapView MapNew Castle, CO Rental Homes Map

Getting Around New Castle, CO

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

12 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap New Castle Apartments

What is the Cheapest Studio apartment in New Castle?

Currently the most affordable Cheap Studio Apartment in New Castle is at The Junction listed at $1,342.

How much is rent for a Cheap One Bedroom New Castle Apartment?

The lowest price for a Cheap One Bedroom New Castle Apartment is $1,225 at Summit View Terrace.

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 $1,570 at Peppermill Lofts.

What is the most affordable New Castle Three Bedroom Apartment?

The best deal on a cheap New Castle Three Bedroom Apartment rental is at 951 Iowa Avenue and starts from $1,595.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.