Cheap Homes for Rent in New Castle, VA from $400 (9 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating 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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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 Fair Land neighborhood priced from $660. The Flats at Rutgers in the Peachtree Norwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable New Castle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$660
The Flats at Rutgers1x11BR,1BA$999
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1BA$1,045

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

As of May 19, 2025 the best value apartment in the New Castle area is the $1.27 price per square foot 4 Bedroom - w/Garage Classic Model at 733 West in the in the Gilmer neighborhood starting from $1,725. The second greatest value New Castle apartment is the 2/1.5 50% AMI Model at Blue Ridge Village Apartments starting at $1,045 with a $0.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
733 West4 Bedroom - w/Garage Classic4BR,2BA$1.27
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$0.94
North Point2BR2BR,2BA$1.31
The Crest ApartmentsThree Bedroom Two Bathroom3BR,2BA$1.30
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.24
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$1.12
Northridge VillageB12BR,1BA$1.28
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
Langdon Square2x22BR,2BA$1.44
Frontier Apartments2BR 1BA w/ DEN2BR,1BA$1.45

Quick Rent Budget Calculator

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Frequently Asked Questions about New Castle

What type of rentals are currently available in New Castle?

There are currently 37 Apartments for Rent in New Castle, VA with pricing that ranges from $660 to $3,323. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Castle ranging from $265 to $2,900.

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 $265 to $2,900 with an average monthly rent of $1,620.

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 $1,128 to $3,323, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $1,725.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.