Cheap Homes for Rent in New London, CT from $1,000 (9 Rentals)

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

property at 92 Truman St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

92 Truman St

New LondonCT06320
property at 79 Garfield Ave

$1,150 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom Rentals

Available Now

79 Garfield Ave

New LondonCT06320
property at 70 Farmington Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

70 Farmington Ave

New LondonCT06320

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.

property at 53-57 Bank St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1.5 Bath Condo for Rent

Available Now

53-57 Bank St

New LondonCT06320
property at 82 Longview St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

82 Longview St

WaterfordCT06385
property at 34 Terrace Dr

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Now

34 Terrace Dr

WaterfordCT06385
property at 292 Pequot Ave

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Condo for Rent

Available Now

292 Pequot Ave

New LondonCT06320

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.

property at 3 Prospect St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

3 Bedroom, 1 Bath Condo for Rent

Available Now

3 Prospect St

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
8 Bank StStudioStudio,1BA$1,150

Best Value Apartments for Rent in New London, CT

As of January 19, 2026 the best value apartment in the New London area is the $1.98 price per square foot Boston Model at Groton Towers in the starting from $2,024. The second greatest value New London apartment is the REMODELED 2BD WD in unit Model at Sutton Place starting at $1,775 with a $1.78 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 TowersBoston2BR,1BA$1.98
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.78
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
119 Thames St, Unit 3119 Thames St1BR,1BA$2.12
Groton Estates2 Bedroom 1 Bath2BR,1BA$2.26
8 Bank StStudioStudio ,1BA$1.53
Riverbank Luxury Apartments1 Bed1BR,1BA$2.30
Avery Heights Senior Living1 Bed, 1 bath1BR,1BA$2.30
Courtview Square ApartmentsA11BR,1BA$2.34
Londonberry Gardens Apartments1 Bedroom1BR,1BA$1.78

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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The 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.

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Cash 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 Article
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Quick Rent Budget Calculator

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

Explore New London, CT Rentals by Map

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Frequently Asked Questions about New London

What type of rentals are currently available in New London?

There are currently 210 Apartments for Rent in New London, CT with pricing that ranges from $995 to $3,775. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $1,000 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 $1,000 to $40,000 with an average monthly rent of $4,470.

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 $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $4,500. 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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!