Cheap Apartments for Rent in New Castle, CO from $700 (14 Rentals)

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

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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 $1,195. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,292. 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$1,195
The JunctionJackalope- 0BR/1BAStudio,1BA$1,292
Peppermill Lofts2x1 900 SF2BR,1BA$1,550
Rya Suites1A1BR,1BA$1,569
951 Iowa Avenue3BR/1.0BA3BR,1BA$1,595

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

As of March 27, 2025 the best value apartment in the New Castle area is the $3.77 price per square foot Three Bedroom - River View Model at River Run in the starting from $4,895. The second greatest value New Castle apartment is the 3BR/1.0BA Model at 951 Iowa Avenue starting at $1,595 with a $1.56 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.
River RunThree Bedroom - River View3BR,2BA$3.77
951 Iowa Avenue3BR/1.0BA3BR,1BA$1.56
Peppermill Lofts2x1 900 SF2BR,1BA$1.72
Green Leaf LoftsA11BR,1BA$3.29
Summit View Terrace1BR/1.0BA1BR,1BA$1.71
Main Street Apartments1 Bed1BR,1BA$2.75
Rya Suites1A1BR,1BA$2.27
SIX CANYONOasis1BR,1BA$3.48
The Lofts at Steamboat BasecampStudioStudio ,1BA$3.28
The JunctionUte- 0BR/1BAStudio ,1BA$3.12

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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 $1,292.

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

The lowest price for a Cheap One Bedroom New Castle Apartment is $1,195 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 $1,425 at Summit View Terrace.

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.

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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.

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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.

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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.

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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.