Cheap Apartments for Rent in New London, MN from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.

815 5th Ave S

Oak Place Apartments

Sterling Manor Apartments

Oak Ridge Manor Senior 62+ Apartments
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.

Mainstreeter Apartments

Westfield Apartments

Bethel On Bryant

Nyberg Apartments 55+
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.

140 4th Ave N
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.
New London, MN Local Guide

How much does it cost to rent an apartment in New London?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New London Studio Apartments | $916 | $691 | $1,125 |
New London 1 Bedroom Apartments | $1,086 | $718 | $1,555 |
New London 2 Bedroom Apartments | $1,268 | $690 | $2,945 |
New London 3 Bedroom Apartments | $1,517 | $1,015 | $1,895 |
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New London, MN Local Guide
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Cheapest Available New London Apartments for Rent and Nearby
 The cheapest available apartment rental in New London, MN is a Studio unit found at Sterling Manor Apartments priced from $691. Oak Ridge Manor Senior 62+ Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $718. Here is today’s list of the most affordable New London apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sterling Manor Apartments | Studio | Studio,1BA | $691 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $718 |
Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $795 |
1505 Becker Ave SE | 1 bed 1 bath | 1BR,1BA | $825 |
Somerset Properties | Two Bedroom B - Ridge | 2BR,1BA | $870 |
Best Value Apartments for Rent in New London, MN and Nearby
As of August 03, 2025 the best value apartment in the New London area is the $1.24 price per square foot Three Bedroom A - By The Lake Model at Somerset Properties in the starting from $1,403. The second greatest value New London apartment is the 2 Bedroom 2 Bath Model at Birch Spring Apartment Homes starting at $1,395 with a $1.36 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. |
---|---|---|---|
Somerset Properties | Three Bedroom A - By The Lake | 3BR,2BA | $1.24 |
Birch Spring Apartment Homes | 2 Bedroom 2 Bath | 2BR,2BA | $1.36 |
Savanna Apartments | E | 2BR,2BA | $1.17 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
Clover Hill Apartments | 2B/1B | 2BR,1BA | $1.00 |
Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
Suncrest Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
1517 Becker Ave SE | 2 bed 1 bath | 2BR,1BA | $1.32 |
1505 Becker Ave SE | 2 bed 1 bath | 2BR,1BA | $1.32 |
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Best Local Schools in New London, MN
Prairie Woods Elementary
New London-Spicer Middle
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around New London, MN
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
39 / 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 Sterling Manor Apartments listed at $691.
How much is rent for a Cheap One Bedroom New London Apartment?
The lowest price for a Cheap One Bedroom New London Apartment is $718 at Oak Ridge Manor Senior 62+ Apartments.
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 $795 at Bethel On Bryant.
What is the most affordable New London Three Bedroom Apartment?
The best deal on a cheap New London Three Bedroom Apartment rental is at Westwood Village and starts from $1,015.
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 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.

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.

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.