Cheap Homes for Rent in Colchester, CT from $800 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

Colchester, CT Local Guide

Cheapest Available Colchester Apartments for Rent and Nearby

 

The cheapest available apartment rental in Colchester, CT is a 1 Bed unit found at Oxoboxo Lofts in the Northeast New London Norwich neighborhood priced from $922. Mohegan Commons Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Colchester apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oxoboxo Lofts1 Bedroom1BR,1BA$922
Mohegan Commons ApartmentsThe Village - 1 Bedroom1BR,1BA$1,000
Colonial Townhouse ApartmentsStudioStudio,1BA$1,065
Water Street LoftsStudioStudio,1BA$1,175
173-175 Norwich-New London Turnpike1 Bed1BR,1BA$1,250

Best Value Apartments for Rent in Colchester, CT and Nearby

As of May 30, 2025 the best value apartment in the Colchester area is the $1.23 price per square foot 2 Bedroom Model at The Terraces Apartments in the in the Northeast New London Norwich neighborhood starting from $1,525. The second greatest value Colchester apartment is the 133 Lake Hayward Rd Model at 133 Lake Hayward Rd, Unit Right starting at $1,800 with a $1.50 price per square foot in the Northwest New London Colchester neighborhood. Here is today’s list of the best values for Colchester apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Terraces Apartments2 Bedroom2BR,1BA$1.23
133 Lake Hayward Rd, Unit Right133 Lake Hayward Rd2BR,1BA$1.50
The Lofts at Ponemah MillsPM2cF-T2BR,2BA$1.18
177 Broadway2 bedroom2BR,1BA$1.70
Colchester EstatesBeautiful Remodeled and Upgraded Townhouse in C...2BR,1BA$1.80
Summitwoods Apartments2 Bed2BR,1BA$1.68
Ivy Garden ApartmentsTwo Bedroom2BR,1BA$1.75
164 Oak St168-1701BR,1BA$1.65
Mohegan Commons ApartmentsThe Village - 1 Bedroom1BR,1BA$1.52
Oxoboxo Lofts1 Bedroom1BR,1BA$1.45

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

Frequently Asked Questions about Colchester

What type of rentals are currently available in Colchester?

There are currently 67 Apartments for Rent in Colchester, CT with pricing that ranges from $710 to $4,626. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colchester ranging from $800 to $15,000.

What is the current price range for Rental Homes in Colchester?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colchester ranges from $800 to $15,000 with an average monthly rent of $2,683.

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 The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.