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.

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
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

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.

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Bristol Apartments
1 Bedroom Apartments

Bristol Apartments

14 Bristol AveNew London, CT 06320
  • Utilities Included

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.

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Twin Haven Inc.
Studio Apartments

Twin Haven Inc.

36 Mary StWaterford, CT 06385
Senior Living
  • Utilities Included

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 Crocker House priced from $1,100. Villages at Shore Landing has the second lowest priced unit, which is a Studio apartment currently listed from $1,245. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio1BR,1BA$1,100
Villages at Shore LandingCoveStudio,1BA$1,245
The DocksOpen 1 BR 1.06Studio,1BA$1,380
GoodHomes GrotonClassic Studio1BR,1BA$1,380
ReNew Washington Park1 Bedroom 1 Bathroom1BR,1BA$1,475

Best Value Apartments for Rent in New London, CT

As of June 24, 2025 the best value apartment in the New London area is the $2.46 price per square foot Two Bedroom - Renovated Model at Groton Townhouse Apartments in the starting from $2,020. The second greatest value New London apartment is the 1 Bedroom - 9A Model at 60 Mansfield Road Phase II starting at $1,990 with a $2.44 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.
Groton Townhouse ApartmentsTwo Bedroom - Renovated2BR,1BA$2.46
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.44
Eagle PointeTWO BEDROOM2BR,1BA$2.13
Groton Estates2 Bedroom 1 Bath2BR,1BA$2.13
ReNew GrotonBerkley2BR,1BA$2.75
Avery Heights Senior Living1 Bed, 1 bath1BR,1BA$2.30
ReNew Washington Park1 Bedroom 1 Bathroom1BR,1BA$2.11
Vessel - Bank Street1-Bedroom1BR,1BA$2.67
Gull Harbor Apartments1 BEDROOM1BR,1BA$2.54
47 Rogers St, Unit 347 Rogers St1BR,1BA$2.48

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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 $1,245.

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 $1,350 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 Eagle Pointe and starts from $1,925.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.