Cheap Homes for Rent in New London, CT from $1,300 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 70 Farmington Ave

70 Farmington Ave, Unit 4u

70 Farmington Ave
New LondonCT06320
property at 103 Hawthorne Dr

103 Hawthorne Dr

New LondonCT06320
property at 281 Gardner Ave

281 Gardner Ave

New LondonCT06320

New London, CT Local Guide

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. Bristol Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio1BR,1BA$1,100
Bristol ApartmentsOne Bedroom1BR,1BA$1,150
Villages at Shore LandingCoveStudio,1BA$1,256
Apartments near water in New London0BR/1.0BAStudio,1BA$1,300
Groton TowersNew HavenStudio,1BA$1,507

Best Value Apartments for Rent in New London, CT

As of September 13, 2025 the best value apartment in the New London area is the $1.39 price per square foot 54 Allen St Model at 54 Allen St, Unit Allen St 54 in the starting from $2,500. The second greatest value New London apartment is the 3 Bedroom Model at Country Glen Apartments starting at $2,395 with a $1.95 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.
54 Allen St, Unit Allen St 5454 Allen St3BR,1BA$1.39
Country Glen Apartments3 Bedroom3BR,2BA$1.95
Central @ Waterford WoodsGreat Neck - Loft Unit 2BR/2BA - Buildings J, K...2BR,2BA$2.24
19 Terrace Ave, Unit Apt#219 Terrace Ave3BR,1BA$1.55
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.78
238 Williams St, Unit #2238 Williams St1BR,1BA$1.72
Groton TownhomesRenovated Townhouse - 1 Bedroom1BR,1BA$2.43
Riverbank Luxury Apartments1 Bed1BR,1BA$2.27
Avery Heights Senior Living1 Bed, 1 bath1BR,1BA$2.30
Bristol ApartmentsOne Bedroom1BR,1BA$2.30

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New London, CT Rentals by Map

View Map
New London, CT Apartments Map
View Map
New London, CT Rental Homes Map

Frequently Asked Questions about New London

What type of rentals are currently available in New London?

There are currently 204 Apartments for Rent in New London, CT with pricing that ranges from $775 to $3,700. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $1,300 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 $1,300 to $40,000 with an average monthly rent of $3,780.

How much are larger Three and Four Bedroom Rentals in New London?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New London range from $1,700 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,300.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.