
Cheap Apartments for Rent in New London, CT from $600 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


40 Franklin St

Washington Street Apartments

Pride Point and Progress Point

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Bayonet Street Apartments

55 Mountain Ave

Highland Apartments

209 Bank St

156 Garfield Ave

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Villages at Shore Landing
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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120 Broad St

14 Park St

852 Bank St, Unit A

Courtview Square Apartments

27 Jay St

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262 Jefferson Ave, Unit 2

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65 Granite St, Unit #2

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Faire Harbour Landings

Eagle Pointe

575 Bank St
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

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Nutmeg Woods

149 Garfield Ave

42 Jefferson Ave

101 Riverview Ave

Villages at Shore Landing

Parkside West Apartments

80-82 Maple Ave.

73 Oneco Ave

Londonberry Gardens Apartments
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.

8 Bank St

79 Garfield Ave

Garfield Avenue Apartments

Winthrop Square Apartments

200 Montauk Ave

Heritage House Apartments

848 Bank St

159 Connecticut Ave

7 Griswold Ct

50 Montauk Ave
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.

17 Greenway Rd

Victoria Gardens

85 Boston Post Rd

2 Colonial Dr

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GoodHomes Groton

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Brookside Commons

Twin Haven Inc.

Post Road Garden Apartments

Phoenix Apartments

Beacon Point
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.
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 | $1,682 | $1,195 | $2,599 |
| Cheap New London 1 Bedroom Apartments | $1,906 | $1,100 | $3,229 |
| Cheap New London 2 Bedroom Apartments | $2,195 | $1,200 | $3,790 |
| Cheap New London 3 Bedroom Apartments | $1,987 | $1,400 | $2,436 |
| 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

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Cheapest Available New London Apartments for Rent
 The cheapest available apartment rental in New London, CT is a 2 Beds unit found at Crocker House priced from $1,100. Londonberry Gardens Apartments has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Highland Apartments | One Bedroom | Studio,1BA | $1,350 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,396 |
| 120 Broad St | Studio | Studio,1BA | $1,400 |
| 200 Montauk Ave | 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 June 14, 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 REMODELED 2BD WD in unit Model at Sutton Place starting at $2,000 with a $2.00 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 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $2.00 |
| 65 Granite St, Unit #2 | 65 Granite St | 1BR,1BA | $1.53 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| 12 Sharaf St | 2 Beds / 1 Bath | 2BR,1BA | $2.33 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Faire Harbour Landings | Two Bedroom Apartment | 2BR,1BA | $2.11 |
| Groton Estates | 2 Bedroom 1 Bath | 2BR,1BA | $2.28 |
| Courtview Square Apartments | A1 | 1BR,1BA | $2.34 |
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1.83 |
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 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 Highland Apartments listed at $1,350.
How much is rent for a Cheap One Bedroom New London Apartment?
The lowest price for a Cheap One Bedroom New London Apartment is $1,100 at Crocker House.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.