Cheap Homes for Rent in New London, CT from $1,200 (9 Rentals)

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

property at 70 Farmington Ave

70 Farmington Ave

New LondonCT06320
property at 39 Shaw St

39 Shaw St

New LondonCT06320
property at 292 Pequot Ave

292 Pequot Ave

New LondonCT06320
property at 280 Gardner Ave

280 Gardner Ave

New LondonCT06320
property at 168 S Shore Ave

168 S Shore Ave

GrotonCT06340
property at 552 Shennecossett Rd
property at 281 Gardner Ave

281 Gardner Ave

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 Londonberry Gardens Apartments priced from $1,038. Crocker House has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Londonberry Gardens Apartments1 Bedroom1BR,1BA$1,038
Crocker HouseStudio2BR,2BA$1,100
Bristol ApartmentsOne Bedroom1BR,1BA$1,150

Best Value Apartments for Rent in New London, CT

As of November 01, 2025 the best value apartment in the New London area is the $1.41 price per square foot 112 Hempstead St Model at 112 Hempstead St, Unit 112 in the starting from $2,800. The second greatest value New London apartment is the 133 Mitchell St Model at 133 Mitchell St, Unit 133 starting at $2,500 with a $1.39 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.
112 Hempstead St, Unit 112112 Hempstead St4BR,1.5BA$1.41
133 Mitchell St, Unit 133133 Mitchell St3BR,2BA$1.39
Central @ Waterford WoodsGreat Neck 2BR/2BA - Buildings I, J, K + L2BR,2BA$2.24
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.78
24 Alger St24 Alger St1BR,1BA$1.68
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Eagle PointeTWO BEDROOM2BR,1BA$2.16
Faire Harbour Landings1-Bedroom1BR,1BA$2.20
Harbortree Apartments1 Bedroom 1 Bathroom1BR,1BA$2.25
Londonberry Gardens Apartments1 Bedroom1BR,1BA$1.78

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

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Frequently Asked Questions about New London

What type of rentals are currently available in New London?

There are currently 191 Apartments for Rent in New London, CT with pricing that ranges from $850 to $3,700. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $1,200 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 $1,200 to $40,000 with an average monthly rent of $3,835.

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 $1,850 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 Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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.