
Cheap Apartments for Rent in New London, MN from $425 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


815 5th Ave S

Building Three Thirty

Total Monthly Price
Sterling Manor Apartments

Total Monthly Price
Suite Liv'N - Willmar

718 6th Ave S

Westfield Apartments

Suite Livn Suites

St. Anthony's Manor

Total Monthly Price
Clover Hill Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Oak Place Apartments

Westwood Village

Country Club Manor

Total Monthly Price
Parkview Apartments

Suncrest Apartments

310 Hidden Acres Dr NW

1100 Elizabeth Ave SE

Graceview Estates

Lakeland Apartments

The Oaks on 20th
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2426 4th Ave SE, Unit 2426

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Edgeview Apartments

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Birch Spring Apartment Homes

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The Preserve on 24th

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Boulder Ridge Apartment Homes

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Valleyside Townhomes

Clara City Community Haus

Erickson Meadowview Apartments

Grove Heights Townhomes

Lake Place II
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lake Ripley Apartments

Spicer B Apartments

Bethel On Bryant

Oak Ridge Manor Senior 62+ Apartments

Cardinal Manor Apartments

Nyberg Apartments 55+

Oak Street

1505 Becker Ave SE

Suite Liv'n on 15th NW

310 8th St N
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

512 Maple Ln

320 Augusta Ave SE

519 14th St S

706 1st St S

Pioneer Pointe

505 15th Ave SW

6445 132nd Ave NE

510 2nd St N

Meadowlark Apartments

154 3rd 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.
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 | $822 | $425 | $1,175 |
| New London 1 Bedroom Apartments | $1,135 | $725 | $1,605 |
| New London 2 Bedroom Apartments | $1,345 | $800 | $1,785 |
| New London 3 Bedroom Apartments | $1,461 | $1,060 | $1,749 |
Browse Top Apartments in New London
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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 Building Three Thirty priced from $425. Suite Liv'N - Willmar has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable New London apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Building Three Thirty | Small Studio | Studio,1BA | $425 |
| Suite Liv'N - Willmar | Studio 1 Bath | Studio,1BA | $745 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $745 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $768 |
| Cardinal Manor Apartments | One Bedroom - Handicap Accessible | 1BR,1BA | $775 |
| Suite Livn Suites | Suite | 2BR,1BA | $800 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $920 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $975 |
| Lakeland Apartments | TIF - Studio | Studio,1BA | $995 |
| Edgeview Apartments | 1021 - 1BR/1BA | 1BR,1BA | $1,055 |
Best Value Apartments for Rent in New London, MN and Nearby
As of September 08, 2026 the best value apartment in the New London area is the $1.45 price per square foot Willow Model at Wobegon Crossings in the starting from $1,479. The second greatest value New London apartment is the Two bedroom/ One bathroom Model at Westwood Village starting at $920 with a $1.02 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. |
|---|---|---|---|
| Wobegon Crossings | Willow | 2BR,2BA | $1.45 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Suite Livn Suites | Suite | 2BR,1BA | $0.94 |
| Sterling Manor Apartments | Large 1 Bedroom | 1BR,1BA | $1.27 |
| The Preserve on 24th | One Bedroom/ One Bedroom | 1BR,1BA | $1.66 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $1.39 |
| Suite Liv'N - Willmar | 3 Bed 1 Bath | 3BR,1BA | $1.64 |
| Boulder Ridge Apartment Homes | 1 Bedroom | 1BR,1BA | $1.55 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
| Cardinal Manor Apartments | One Bedroom | 1BR,1BA | $1.24 |
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.
Read ArticleNavigating 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Best Local Schools in New London, MN
Prairie Woods Elementary School
New London-Spicer Middle
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New London, MN Rentals by Map
See the most popular apartments and homes in New London, MN
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 Building Three Thirty listed at $425.
How much is rent for a Cheap One Bedroom New London Apartment?
The lowest price for a Cheap One Bedroom New London Apartment is $745 at Bethel On Bryant.
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 $800 at Suite Livn Suites.
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 $1,060.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.