
Cheap Homes for Rent in New London, CT from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in New London.


70 Farmington Ave

39 Shaw St

292 Pequot Ave

280 Gardner Ave

168 S Shore Ave

552 Shennecossett Rd

281 Gardner Ave

281 Gardner Ave
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 | $2,182 | $1,600 | $2,750 |
| New London 3 Bedroom Homes for Rent | $2,623 | $1,800 | $3,500 |
| New London 4 Bedroom Homes for Rent | $7,060 | $2,300 | $10,000+ |
| New London 5 Bedroom Homes for Rent | $3,766 | $2,300 | $5,000 |
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 |
| Bristol Apartments | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 112 Hempstead St, Unit 112 | 112 Hempstead St | 4BR,1.5BA | $1.41 |
| 133 Mitchell St, Unit 133 | 133 Mitchell St | 3BR,2BA | $1.39 |
| Central @ Waterford Woods | Great Neck 2BR/2BA - Buildings I, J, K + L | 2BR,2BA | $2.24 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $1.78 |
| 24 Alger St | 24 Alger St | 1BR,1BA | $1.68 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.16 |
| Faire Harbour Landings | 1-Bedroom | 1BR,1BA | $2.20 |
| Harbortree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.25 |
| Londonberry Gardens Apartments | 1 Bedroom | 1BR,1BA | $1.78 |
Quick Rent Budget Calculator
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Best Local Schools in New London, CT
Winthrop STEM Elementary Magnet School
Bennie Dover Jackson Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.