Cheap Apartments for Rent in New London, IA from $300 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Ramey Retirement
1 to 2 Bedroom Apartments

Ramey Retirement

500 W Washington StNew London, IA 52645

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.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
630 N 6th St
Studio Apartments

630 N 6th St

630 N 6th StBurlington, IA 52601

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
Bel Aire Apartments
1 to 2 Bedroom Apartments

Bel Aire Apartments

301 Bel Aire CtBurlington, IA 52601
  • Utilities Included
Showing Results 1-26, Page 1 of 1

New London, IA Local Guide

Cheapest Available New London Apartments for Rent and Nearby

 

The cheapest available apartment rental in New London, IA is a Studio unit found at Macomb Rentals priced from $390. Smith and Royer Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Macomb RentalsStudio, 1 bathStudio,1BA$390
Smith and Royer Apartments1 Bedroom1BR,1BA$550
Mediapolis VillageUnit 672BR,1BA$595
Park Madison Apartments1BR/1BA1BR,1BA$700
Cotton Mill Apartments1x11BR,1BA$700
Urbane424 ApartmentsS3 - Studio / 1 BathStudio,1BA$700
Green Gable CottagesGreen Gable - Memorial Park Rd1BR,1BA$750
Fairfield EstatesUnit 22BR,2BA$758
The Burlington Apartments1BR/1BA1BR,1BA$795
School House Apartments1 Bedroom and 1 Bath1BR,1BA$800

Best Value Apartments for Rent in New London, IA and Nearby

As of June 13, 2025 the best value apartment in the New London area is the $0.89 price per square foot Churchill Lofts - 316 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $1,498. The second greatest value New London apartment is the Unit 55 Model at Fairfield Estates starting at $1,057 with a $0.84 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.
Churchill LoftsChurchill Lofts - 3162BR,1BA$0.89
Fairfield EstatesUnit 554BR,2BA$0.84
Haven at ParkwayHaven - 2 Bed - Upgraded2BR,2BA$1.08
Colorado Senior Lofts 55+Two Bedroom2BR,1BA$1.18
Blaul LoftsBlaul Lofts - 3121BR,1BA$0.98
School House Apartments1 Bedroom and 1 Bath1BR,1BA$0.89
Louden LoftsTwo Bedroom2BR,2BA$1.00
Park Madison Apartments1BR/1BA1BR,1BA$0.93
Cotton Mill Apartments1x11BR,1BA$1.00
Mediapolis VillageUnit 382BR,1BA$0.95

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, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in New London, IA

View MapNew London, IA Apartments MapView MapNew London, IA Rental Homes Map

Getting Around New London, IA

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap New London Apartments

What is the Cheapest Studio apartment in New London?

Currently the most affordable Cheap Studio Apartment in New London is at Macomb Rentals listed at $390.

How much is rent for a Cheap One Bedroom New London Apartment?

The lowest price for a Cheap One Bedroom New London Apartment is $510 at Macomb Rentals.

What is the lowest price for a Cheap Two Bedroom New London Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New London is starting from $450 at Macomb Rentals.

What is the most affordable New London Three Bedroom Apartment?

The best deal on a cheap New London Three Bedroom Apartment rental is at Mediapolis Village and starts from $799.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.