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$995
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Studio Apartment Available NowTotal Monthly Price
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$995
Total Monthly Price
$995
38 Green St, Unit 301
38 Green StNew London, CT 06320
Cheap Apartments for Rent in New London, CT from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.
7 Prest St
New LondonCT06320
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$1,100 - $1,7001 to 2 Bedroom Apartments Available Now
Crocker House
35 Union StNew London, CT 06320
26 Prospect St
New LondonCT06320
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$1,150 - $1,450Studio Apartments Available Now
8 Bank St
8 Bank StNew London, CT 06320
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$1,200 - $2,0001 to 2 Bedroom Apartments Available Now
Washington Street Apartments
73-75 Washington StNew London, CT 06320
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Studio to 2 Bedroom Apartments
Villages at Shore Landing
239 Nautilus DrNew London, CT 06320
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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Studio to 2 Bedroom Apartments
Parkside West Apartments
283 Willetts AveNew London, CT 06320
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1 Bedroom Apartments
80-82 Maple Ave.
80-82 Maple AveNew London, CT 06320
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Studio to 1 Bedroom Apartments
73 Oneco Ave
73 Oneco AveNew London, CT 06320
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Rent Specials
$1,150 - $1,3551 to 2 Bedroom Apartments Contact Us For Availability
Victoria Gardens
105 Boston Post RdWaterford, CT 06385
20 Woodland Dr
WaterfordCT06385
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Studio to 1 Bedroom Apartments
Twin Haven Inc.
36 Mary StWaterford, CT 06385
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1 Bedroom Apartments
Post Road Garden Apartments
161-163 Boston Post RdWaterford, CT 06385
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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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 | $1,645 | $995 | $2,309 |
| Cheap New London 1 Bedroom Apartments | $1,815 | $1,000 | $2,890 |
| Cheap New London 2 Bedroom Apartments | $2,313 | $1,300 | $3,775 |
| Cheap New London 3 Bedroom Apartments | $1,901 | $1,242 | $2,800 |
| Cheap New London 4 Bedroom Apartments | $2,297 | $1,895 | $2,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in New London
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New London, CT Local Guide
Written By:
Staff Writer Local Guide Expert
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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. 8 Bank St has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. 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 |
| 8 Bank St | Studio | Studio,1BA | $1,150 |
| 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 | $1,380 |
Best Value Apartments for Rent in New London, CT
As of January 30, 2026 the best value apartment in the New London area is the $2.44 price per square foot T1 Model at GoodHomes Groton in the starting from $2,151. The second greatest value New London apartment is the 1 BR/ 1 BA Model at Washington Street Apartments starting at $1,300 with a $1.63 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. |
|---|---|---|---|
| GoodHomes Groton | T1 | 2BR,1BA | $2.44 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| 119 Thames St, Unit 3 | 119 Thames St | 1BR,1BA | $2.12 |
| Groton Estates | 2 Bedroom 1 Bath | 2BR,1BA | $2.26 |
| 8 Bank St | Studio | Studio ,1BA | $1.53 |
| Riverbank Luxury Apartments | 1 Bed | 1BR,1BA | $2.30 |
| 185 Thames St, Unit B-1 | 185 Thames St | 1BR,1BA | $2.42 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
| Central @ Waterford Woods | Work Force Housing - 80% 1BD/1BA - Granitville | 1BR,1BA | $2.45 |
| Courtview Square Apartments | A1 | 1BR,1BA | $2.34 |
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.
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.
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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!
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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 8 Bank St listed at $1,150.
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.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.