Cheap Apartments for Rent in New London, CT from $600 (16 Rentals)

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

property at 96 Green St

96 Green St

New LondonCT06320
property at 40 Pearl St

40 Pearl St

New LondonCT06320
property at 55 Eastern Ave

55 Eastern Ave

New LondonCT06320

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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80-82 Maple Ave.
1 Bedroom Apartments

80-82 Maple Ave.

80-82 Maple AveNew London, CT 06320
  • Utilities Included

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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73 Oneco Ave
Studio to 1 Bedroom Apartments

73 Oneco Ave

73 Oneco AveNew London, CT 06320
Furnished
  • Utilities Included
  • Smoke Free
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8 Bank St
Studio Apartments

8 Bank St

8 Bank StNew London, CT 06320
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Bristol Apartments
1 Bedroom Apartments

Bristol Apartments

14 Bristol AveNew London, CT 06320
  • Utilities Included
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Twin Haven Inc.
Studio to 1 Bedroom Apartments

Twin Haven Inc.

36 Mary StWaterford, CT 06385
Senior Living
  • Utilities Included

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

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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
Bristol ApartmentsOne Bedroom1BR,1BA$1,150
Villages at Shore LandingCoveStudio,1BA$1,196
Apartments near water in New London0BR/1.0BAStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
112 Hempstead St, Unit 112112 Hempstead St4BR,1.5BA$1.41
133 Mitchell St, Unit 133133 Mitchell St3BR,2BA$1.39
Country Glen Apartments3 Bedroom3BR,2BA$1.95
Central @ Waterford WoodsGreat Neck 2BR/2BA - Buildings I, J, K + L2BR,2BA$2.24
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.78
24 Alger St24 Alger St1BR,1BA$1.68
Groton TowersFairfield1BR,1BA$2.24
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Faire Harbour Landings1-Bedroom1BR,1BA$2.20
Londonberry Gardens Apartments1 Bedroom1BR,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.

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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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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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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

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.