
Cheap Apartments for Rent in New London, CT from $600 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


Crocker House

Pride Point and Progress Point

Washington Street Apartments

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58 Ashcraft Rd, Unit 1, Unit 1

40 Franklin St

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Villages at Shore Landing

Highland Apartments

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120 Broad St

837 Bank St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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65 Granite St, Unit #2, Unit #2

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Faire Harbour Landings

Courtview Square Apartments

205 Shaw St

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17 Dow St, Unit 2, Unit 2

16 Grove St

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Nutmeg Woods

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Vessel - Bank Street

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The Docks

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Eagle Pointe
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.

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Gull Harbor Apartments

61 Bank St

216 Vauxhall St

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The Beam

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60 Mansfield Road

835 Bank St

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157 Green St

157 Green St

1 Farnsworth St

57 Ridgeview Cir
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.

Villages at Shore Landing

Parkside West Apartments

80-82 Maple Ave.

Londonberry Gardens Apartments

73 Oneco Ave

79 Garfield Ave

8 Bank St

Garfield Avenue Apartments

50 Montauk Ave

Winthrop Square Apartments
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.

Heritage House Apartments

848 Bank St

159 Connecticut Ave

17 Greenway Rd

Riverbank Luxury Apartments

121 Shaw St

41-45 Linden St

640 Williams St

Victoria Gardens

2 Colonial Dr
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.
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 | $1,704 | $995 | $2,599 |
| Cheap New London 1 Bedroom Apartments | $1,968 | $1,100 | $3,105 |
| Cheap New London 2 Bedroom Apartments | $2,276 | $1,200 | $3,990 |
| Cheap New London 3 Bedroom Apartments | $2,018 | $1,400 | $2,850 |
| Cheap New London 4 Bedroom Apartments | $1,895 | $1,895 | $1,895 |
Browse Top Apartments in New London
See all Apartments in New LondonExplore New London
New London, CT Local Guide

- Nearby Cities
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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 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,328 |
| Highland Apartments | One Bedroom | Studio,1BA | $1,350 |
| 120 Broad St | Studio | Studio,1BA | $1,400 |
| ReNew Washington Park | Asheville | 1BR,1BA | $1,419 |
Best Value Apartments for Rent in New London, CT
As of April 30, 2026 the best value apartment in the New London area is the $1.13 price per square foot Two Bedroom Model at Pride Point and Progress Point in the starting from $1,200. The second greatest value New London apartment is the 65 Granite St Model at 65 Granite St, Unit #2 starting at $1,475 with a $1.48 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. |
|---|---|---|---|
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| 65 Granite St, Unit #2 | 65 Granite St | 1BR,1BA | $1.48 |
| 101 Hynes Ave | 101 Hynes Ave | 3BR,1BA | $1.96 |
| 12 Sharaf St | 2 Beds / 1 Bath | 2BR,1BA | $2.33 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| ReNew Washington Park | Asheville | 1BR,1BA | $2.03 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
| 17 Dow St, Unit 2 | 17 Dow St | 1BR,1BA | $2.14 |
| 58 Ashcraft Rd, Unit 1 | 58 Ashcraft Rd | 1BR,1BA | $1.92 |
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1.73 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleCash 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.
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.
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
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 $1,328.
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 Londonberry Gardens Apartments and starts from $1,248.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.