79 Garfield Ave
New LondonCT06320
Cheap Homes for Rent in New London, CT from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in New London.
2 Colonial Dr
WaterfordCT06385
50 Montauk Ave
New LondonCT06320
848 Bank St
New LondonCT06320
159 Connecticut Ave
New LondonCT06320
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
82 Longview St
WaterfordCT06385
34 Terrace Dr
WaterfordCT06385
121 Shaw St
New LondonCT06320
1550 CT-12
LedyardCT06335
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$1,8002 Bedroom Apartments Available Now
20 Colman St, Unit 3
20 Colman StNew 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.
640 Williams St
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 | $2,235 | $1,550 | $3,200 |
| New London 3 Bedroom Homes for Rent | $4,300 | $2,900 | $7,300 |
| New London 4 Bedroom Homes for Rent | $13,600 | $2,800 | $10,000+ |
| New London 5 Bedroom Homes for Rent | $4,999 | $4,999 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in New London
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1,038 |
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,328 |
Best Value Apartments for Rent in New London, CT
As of May 02, 2026 the best value apartment in the New London area is the $1.13 price per square foot Two Bedroom Model at Pride Point and Progress Point in the starting from $1,200. The second greatest value New London apartment is the 65 Granite St Model at 65 Granite St, Unit #2 starting at $1,475 with a $1.48 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. |
|---|---|---|---|
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| 65 Granite St, Unit #2 | 65 Granite St | 1BR,1BA | $1.48 |
| 101 Hynes Ave | 101 Hynes Ave | 3BR,1BA | $1.96 |
| 12 Sharaf St | 2 Beds / 1 Bath | 2BR,1BA | $2.33 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Groton Estates | 2 Bedroom 1 Bath | 2BR,1BA | $2.26 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
| 58 Ashcraft Rd, Unit 1 | 58 Ashcraft Rd | 1BR,1BA | $1.92 |
| Courtview Square Apartments | A1 | 1BR,1BA | $2.34 |
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1.73 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleQuick 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.
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Explore New London, CT Rentals by Map
See the most popular apartments and homes in New London, CT
Frequently Asked Questions about New London
What type of rentals are currently available in New London?
There are currently 200 Apartments for Rent in New London, CT with pricing that ranges from $995 to $3,990. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $1,125 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 $1,125 to $40,000 with an average monthly rent of $5,965.
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 $1,400 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $7,300. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,895.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.