
Cheap Homes for Rent in New London, IA from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in New London.


410 W Hempstead Ave
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.

435 S Broadway St

304 S 2nd St

607 NE 3rd Ave

944 Spring Ridge Dr

518 W Murray St
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.

322 S Madison St

516 South St

12149 DMC Hwy 99

407-407 SW 8th St

623 N 7th Ave

116 N 5th St

1013 Doemland St
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.

1234 E 4th St
New London, IA 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 | $1,169 | $750 | $2,000 |
New London 3 Bedroom Homes for Rent | $1,240 | $875 | $2,000 |
New London 4 Bedroom Homes for Rent | $920 | $700 | $1,140 |
New London 5 Bedroom Homes for Rent | $2,700 | $2,500 | $2,900 |
Browse Top Homes for Rent in New London
Explore New London
New London, IA Local Guide
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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. Mediapolis Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $495. Here is today’s list of the most affordable New London apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Macomb Rentals | Studio, 1 bath | Studio,1BA | $390 |
Mediapolis Village | Unit 38 | 2BR,1BA | $495 |
Bel Aire Apartments | 1 Bedroom | 1BR,1BA | $645 |
Smith and Royer Apartments | 1 Bedroom | 1BR,1BA | $650 |
Cotton Mill Apartments | 1x1 | 1BR,1BA | $700 |
Best Value Apartments for Rent in New London, IA and Nearby
As of September 11, 2025 the best value apartment in the New London area is the $0.98 price per square foot Blaul Lofts - 215 Model at Blaul Lofts in the in the Ginger Ridge neighborhood starting from $1,448. The second greatest value New London apartment is the 3 Bedroom and 1 Bath Model at School House Apartments starting at $1,050 with a $0.75 price per square foot in the Pershing Place neighborhood. 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. |
---|---|---|---|
Blaul Lofts | Blaul Lofts - 215 | 2BR,1BA | $0.98 |
School House Apartments | 3 Bedroom and 1 Bath | 3BR,1BA | $0.75 |
Fairfield Estates | Unit 81 | 4BR,2BA | $0.84 |
The Quarters Iowa City | C1 - 3x3 | 3BR,3BA | $0.59 |
Churchill Lofts | Churchill Lofts - 201 | 2BR,1BA | $0.93 |
Mediapolis Village | Unit 41 | 4BR,2BA | $0.75 |
Westland Village | 2x1 | 2BR,1BA | $0.89 |
Colorado Senior Lofts 55+ | Two Bedroom | 2BR,1BA | $0.86 |
Walcott Manor Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.98 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New London, IA Rentals by Map
See the most popular apartments and homes in New London, IA
Frequently Asked Questions about New London
What type of rentals are currently available in New London?
There are currently 48 Apartments for Rent in New London, IA with pricing that ranges from $390 to $3,300. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $500 to $2,900.
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 $500 to $2,900 with an average monthly rent of $1,210.
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 $695 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,000. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $600.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.