
Cheap Apartments for Rent in New London, CT from $1,100 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


26 Prospect St

Total Monthly Price
Crocker House

Total Monthly Price
Washington Street Apartments

Total Monthly Price
Pride Point and Progress Point

27 Jay St

44 Prest St

251 Williams St

Total Monthly Price
Monte Cristo Building

25-31 Franklin St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
Courtview Square Apartments

575 Bank St

Total Monthly Price
Faire Harbour Landings

Total Monthly Price
Eagle Pointe

25 Brewer St

30 Jefferson Ave

39 Fitch Ave

Total Monthly Price
Vessel - Bank Street

Total Monthly Price
Nutmeg Woods

215-219 Bank St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
72 Willetts Ave, Unit 2

72 Willetts Ave, Unit 2

Villages at Shore Landing

Parkside West Apartments

80-82 Maple Ave.

Londonberry Gardens Apartments

73 Oneco Ave

8 Bank St

92 Truman St

54 Hempstead St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Nice and quiet apartments in New London

109-111 Broad St

Garfield Avenue Apartments

Villages at Shore Landing

200 Montauk Ave

Winthrop Square Apartments

120 Broad St

7 Griswold Ct

Heritage House Apartments

40 Pearl 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.

111 A Niles Hill Rd

Apartments near water in New London

Riverbank Luxury Apartments

61 Bank St

113 Niles Hill Rd

Total Monthly Price
Victoria Gardens

49 Ledyard Ave

Total Monthly Price
4 Elderkin Ave, Unit 6

Total Monthly Price
ReNew Washington Park

Total Monthly Price
GoodHomes Groton
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.
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 | $1,942 | $1,100 | $2,474 |
| Cheap New London 1 Bedroom Apartments | $2,041 | $1,100 | $3,109 |
| Cheap New London 2 Bedroom Apartments | $2,308 | $1,200 | $3,922 |
| Cheap New London 3 Bedroom Apartments | $2,092 | $1,400 | $2,505 |
| Cheap New London 4 Bedroom Apartments | $2,750 | $2,750 | $2,750 |
Browse Top Apartments in New London
See all Apartments in New LondonExplore New London
New London, CT Local Guide

- Nearby Cities
- ZIP codes
- Local Counties
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 in the New London neighborhood priced from $1,090. Crocker House in the New London neighborhood 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 | $1,090 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| 109-111 Broad St | 0BR/1.0BA | Studio,1BA | $1,250 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Monte Cristo Building | Studio | Studio,1BA | $1,350 |
| 120 Broad St | Studio | Studio,1BA | $1,400 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,446 |
| Phoenix Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,450 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in New London, CT
As of September 12, 2026 the best value apartment in the New London area is the $2.04 price per square foot 3 Bedroom 2 Bathroom Model at Country Glen Apartments in the in the New London neighborhood starting from $2,505. The second greatest value New London apartment is the 72 Willetts Ave Model at 72 Willetts Ave, Unit 2 starting at $1,700 with a $1.42 price per square foot in the New London neighborhood. 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. |
|---|---|---|---|
| Country Glen Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $2.04 |
| 72 Willetts Ave, Unit 2 | 72 Willetts Ave | 2BR,1.5BA | $1.42 |
| Brookside Commons | 2 bedroom - 80% | 2BR,1.5BA | $1.73 |
| 198 Thames St, Unit 198T | 198 Thames St | 2BR,1BA | $1.63 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR,2BA | $1.69 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $2.00 |
| 24 Alger St, Unit 24 Alger Street | 24 Alger St | 1BR,1BA | $1.82 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1.87 |
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.
Read ArticleNavigating 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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 109-111 Broad St listed at $1,250.
How much is rent for a Cheap One Bedroom New London Apartment?
The lowest price for a Cheap One Bedroom New London Apartment is $1,090 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 $1,300.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.