Cheap Apartments for Rent in New London, CT from $600 (73 Rentals)

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

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58 Ashcraft Rd, Unit 1, Unit 1
$1,250
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250
1 Bedroom Apartment Available Now

58 Ashcraft Rd, Unit 1, Unit 1

58 Ashcraft RdNew London, CT 06320
Affordability
  • Smoke Free
property at 40 Franklin St

$1,250 - $1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio To 1 Bedroom Rentals

Available Now

40 Franklin St

New LondonCT06320
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Villages at Shore Landing
$1,328 - $2,376
Total Monthly Price

Total Monthly Price

Base Rent
$1,303 - $2,351
Required Monthly Fees
$25

Total Monthly Price
$1,328 - $2,376
Studio to 2 Bedroom Apartments Available Now

Villages at Shore Landing

5 Nob Hill RdNew London, CT 06320
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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120 Broad St
Rent Specials
$1,400 - $2,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $2,850

Total Monthly Price
$1,400 - $2,850
Studio to 2 Bedroom Apartments Contact Us For Availability

120 Broad St

120 Broad StNew London, CT 06320
Affordability
  • Verified
property at 837 Bank St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Home for Rent

Available Now

837 Bank St

New LondonCT06320

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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Faire Harbour Landings
$1,475 - $1,750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,475 - $1,750

Total Monthly Price
$1,475 - $1,750
1 Bedroom Apartments Available Now

Faire Harbour Landings

11 Anthony RdNew London, CT 06320
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 205 Shaw St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

205 Shaw St

New LondonCT06320
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17 Dow St, Unit 2, Unit 2
$1,500
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
1 Bedroom Apartment Available Now

17 Dow St, Unit 2, Unit 2

17 Dow StNew London, CT 06320
property at 16 Grove St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

16 Grove St

New LondonCT06320
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Nutmeg Woods
Rent Specials
$1,551 - $1,939
Total Monthly Price

Total Monthly Price

Base Rent
$1,526 - $1,914
Required Monthly Fees
$25

Total Monthly Price
$1,551 - $1,939
Studio to 3 Bedroom Apartments Available Now

Nutmeg Woods

84 Hawthorne Dr NNew London, CT 06320
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Docks
Rent Specials
$1,670 - $3,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $3,000
Required Monthly Fees
$215

Total Monthly Price
$1,670 - $3,215
Studio to 2 Bedroom Apartments Available Now

The Docks

500 Bank StNew London, CT 06320
Family Friendly
  • Verified
  • 3D Tour
  • Smoke Free
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Eagle Pointe
Rent Specials
$1,695 - $1,955
Total Monthly Price

Total Monthly Price

Base Rent
$1,675 - $1,935
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Eagle Pointe

8-127 Michael RdNew London, CT 06320
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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
$1,695
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,675
Required Monthly Fees
$20

Total Monthly Price
$1,695
1 Bedroom Apartments Available Jun 8

Gull Harbor Apartments

83 Mansfield RdNew London, CT 06320
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 216 Vauxhall St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

216 Vauxhall St

New LondonCT06320
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The Beam
$1,721 - $2,490
Total Monthly Price

Total Monthly Price

Base Rent
$1,701 - $2,470
Required Monthly Fees
$20

Total Monthly Price
$1,721 - $2,490
Studio to 2 Bedroom Apartments Available Now

The Beam

221 Howard StNew London, CT 06320
Family Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free
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60 Mansfield Road
Rent Specials
$1,750 - $3,010
Total Monthly Price

Total Monthly Price

Base Rent
$1,535 - $2,795
Required Monthly Fees
$215

Total Monthly Price
$1,750 - $3,010
Studio to 2 Bedroom Apartments Available Now

60 Mansfield Road

60 Mansfield RdNew London, CT 06320
Family Friendly
  • Verified
  • 3D Tour
  • Smoke Free
property at 835 Bank St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Home for Rent

Available Now

835 Bank St

New LondonCT06320
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157 Green St
$1,750 - $2,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750 - $2,850

Total Monthly Price
$1,750 - $2,850
Studio to 3 Bedroom Apartment Available Now

157 Green St

157 Green StNew London, CT 06320
property at 157 Green St

$1,750 - $2,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

Studio To 3 Bedroom Rentals

Available Now

157 Green St

New LondonCT06320
property at 1 Farnsworth St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 2 Bath Home for Rent

Available Now

1 Farnsworth St

New LondonCT06320
property at 57 Ridgeview Cir

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Home for Rent

Available Now

57 Ridgeview Cir

New LondonCT06320

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.

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80-82 Maple Ave.
1 Bedroom Apartments

80-82 Maple Ave.

80-82 Maple AveNew London, CT 06320
  • Utilities Included
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73 Oneco Ave
Studio to 1 Bedroom Apartments

73 Oneco Ave

73 Oneco AveNew London, CT 06320
Furnished
  • Utilities Included
  • Smoke Free
property at 79 Garfield Ave

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

1 Bedroom, 1 Bath Condo for Rent

Available Now

79 Garfield Ave

New LondonCT06320
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8 Bank St
Studio Apartments

8 Bank St

8 Bank StNew London, CT 06320
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Garfield Avenue Apartments
1 Bedroom Apartments

Garfield Avenue Apartments

145 Garfield AveNew London, CT 06320
Corporate Housing
  • Utilities Included
property at 50 Montauk Ave

$1,350 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 To 2 Bedroom Rentals

Available Now

50 Montauk Ave

New LondonCT06320

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.

property at 848 Bank St

$1,500 - $1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 To 2 Bedroom Rentals

Available Now

848 Bank St

New LondonCT06320
property at 159 Connecticut Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 1 Bath Condo for Rent

Available Now

159 Connecticut Ave

New LondonCT06320
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17 Greenway Rd
Studio to 1 Bedroom Apartments

17 Greenway Rd

17 Greenway RdNew London, CT 06320
property at 121 Shaw St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 2 Bath Condo for Rent

Available Now

121 Shaw St

New LondonCT06320
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41-45 Linden St
3 to 4 Bedroom Apartments

41-45 Linden St

41-45 Linden StNew London, CT 06320
  • Utilities Included
property at 640 Williams St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom Rentals

Available Now

640 Williams St

New LondonCT06320
property at 2 Colonial Dr

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

2 Colonial Dr

WaterfordCT06385

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

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Written By:
Staff Writer
Local Guide Expert

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 ListingModel NameBed/BathPriced From
Londonberry Gardens Apartments1 Bedroom1BR,1BA$1,038
Crocker HouseStudio2BR,2BA$1,100
Pride Point and Progress PointTwo Bedroom2BR,1BA$1,200
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1,300
Villages at Shore LandingCoveStudio,1BA$1,328
Highland ApartmentsOne BedroomStudio,1BA$1,350
120 Broad StStudioStudio,1BA$1,400
ReNew Washington ParkAsheville1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pride Point and Progress PointTwo Bedroom2BR,1.5BA$1.13
65 Granite St, Unit #265 Granite St1BR,1BA$1.48
101 Hynes Ave101 Hynes Ave3BR,1BA$1.96
12 Sharaf St2 Beds / 1 Bath2BR,1BA$2.33
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
ReNew Washington ParkAsheville1BR,1BA$2.03
Avery Heights Senior Living1 Bed, 1 bath1BR,1BA$2.30
17 Dow St, Unit 217 Dow St1BR,1BA$2.14
58 Ashcraft Rd, Unit 158 Ashcraft Rd1BR,1BA$1.92
Londonberry Gardens Apartments1 Bedroom1BR,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.

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Don'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.

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The 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.

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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.

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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.

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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

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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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.