92 Truman St
New LondonCT06320
Cheap Homes for Rent in New London, CT from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in New London.
2 Colonial Dr
WaterfordCT06385
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.
65 Shaw St
New LondonCT06320
11 Woodland Dr
WaterfordCT06385
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.
284 Ocean Ave
New LondonCT06320
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New London, CT Local Guide
How much does it cost to rent a home in New London?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New London 2 Bedroom Homes for Rent | $2,350 | $1,650 | $3,000 |
| New London 3 Bedroom Homes for Rent | $3,462 | $2,400 | $7,300 |
| New London 4 Bedroom Homes for Rent | $8,755 | $2,800 | $10,000+ |
| New London 5 Bedroom Homes for Rent | $5,700 | $4,900 | $6,500 |
| New London 6 Bedroom Homes for Rent | $6,150 | $5,000 | $7,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 in the New London neighborhood priced from $1,100. Londonberry Gardens Apartments in the New London neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. 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 | 2 Bedroom | 2BR,1BA | $1,200 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in New London, CT
As of August 01, 2026 the best value apartment in the New London area is the $1.76 price per square foot Townhouse Model at 120 Broad St in the in the New London neighborhood starting from $2,650. The second greatest value New London apartment is the 267 Thames St Model at 267 Thames St, Unit 267B starting at $1,995 with a $1.81 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. |
|---|---|---|---|
| 120 Broad St | Townhouse | 2BR,3BA | $1.76 |
| 267 Thames St, Unit 267B | 267 Thames St | 2BR,1BA | $1.81 |
| 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 |
| 65 Granite St, Unit #2 | 65 Granite St | 1BR,1BA | $1.53 |
| 202 Grove Ave | 202 Grove Ave | 2BR,1BA | $1.68 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Monte Cristo Building | Studio | Studio ,1BA | $2.07 |
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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Real 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.
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Frequently Asked Questions about New London
What type of rentals are currently available in New London?
There are currently 211 Apartments for Rent in New London, CT with pricing that ranges from $1,000 to $3,790. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $1,175 to $40,000.
What is the current price range for Rental Homes in New London?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New London ranges from $1,175 to $40,000 with an average monthly rent of $4,280.
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.