
Cheap Apartments for Rent in New London, CT from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


40 Pearl St

Crocker House

Villages at Shore Landing

55 Eastern Ave
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.

Washington Street Apartments
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.

Victoria Gardens
Cash 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.
New London, CT Local Guide

How much does it cost to rent an apartment in New London?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New London Studio Apartments | $1,541 | $1,196 | $2,278 |
| Cheap New London 1 Bedroom Apartments | $1,800 | $850 | $2,915 |
| Cheap New London 2 Bedroom Apartments | $2,248 | $1,100 | $3,700 |
| Cheap New London 3 Bedroom Apartments | $2,124 | $1,850 | $2,500 |
| Cheap New London 4 Bedroom Apartments | $2,550 | $2,300 | $2,800 |
Browse Top Apartments in New London
See all Apartments in New LondonExplore New London
New London, CT Local Guide

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Cheapest Available New London Apartments for Rent
 The cheapest available apartment rental in New London, CT is a 1 Bed unit found at Londonberry Gardens Apartments priced from $1,038. Crocker House has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable New London apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1,038 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Bristol Apartments | One Bedroom | 1BR,1BA | $1,150 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,196 |
| Apartments near water in New London | 0BR/1.0BA | Studio,1BA | $1,300 |
Best Value Apartments for Rent in New London, CT
As of October 29, 2025 the best value apartment in the New London area is the $1.41 price per square foot 112 Hempstead St Model at 112 Hempstead St, Unit 112 in the starting from $2,800. The second greatest value New London apartment is the 133 Mitchell St Model at 133 Mitchell St, Unit 133 starting at $2,500 with a $1.39 price per square foot . Here is today’s list of the best values for New London apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 112 Hempstead St, Unit 112 | 112 Hempstead St | 4BR,1.5BA | $1.41 |
| 133 Mitchell St, Unit 133 | 133 Mitchell St | 3BR,2BA | $1.39 |
| Country Glen Apartments | 3 Bedroom | 3BR,2BA | $1.95 |
| Central @ Waterford Woods | Great Neck 2BR/2BA - Buildings I, J, K + L | 2BR,2BA | $2.24 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $1.78 |
| 24 Alger St | 24 Alger St | 1BR,1BA | $1.68 |
| Groton Towers | Fairfield | 1BR,1BA | $2.24 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Faire Harbour Landings | 1-Bedroom | 1BR,1BA | $2.20 |
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1.78 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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.
New London Overview
If history, culture, and beautiful waterways inspire you, then you'll find everything you're looking for in New London. As one of the first cities in the U.S., the area is rich with culture and community. New London apartments offer a home close to shopping, museums, coffee shops, and plenty of nightlife to keep you entertained. Not only that, but you have four distinct seasons with colorful falls and enchanting winters. It's an excellent place to live, especially for young professionals.
Why live in New London, CT?
New London's historic waterfront district, downtown, offers landmarks that date back to the early 19th century. There are delicious dining, nightlife, coffee shops, and plenty of shopping. Plus, you can go anywhere easily, even without a car, because the metro transit system, Amtrack, and the Ferry system are conveniently connected. New London offers gorgeous bike trails and paths to walk for plenty of outdoor exercise, too.
Best Local Schools in New London, CT
Winthrop STEM Elementary Magnet School
Bennie Dover Jackson Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New London, CT Rentals by Map
See the most popular apartments and homes in New London, CT
Getting Around New London, CT
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
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 London Apartments
What is the Cheapest Studio apartment in New London?
Currently the most affordable Cheap Studio Apartment in New London is at Villages at Shore Landing listed at $1,196.
How much is rent for a Cheap One Bedroom New London Apartment?
The lowest price for a Cheap One Bedroom New London Apartment is $1,038 at Londonberry Gardens Apartments.
What is the lowest price for a Cheap Two Bedroom New London Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New London is starting from $1,100 at Crocker House.
What is the most affordable New London Three Bedroom Apartment?
The best deal on a cheap New London Three Bedroom Apartment rental is at Country Glen Apartments and starts from $2,395.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.








