
Cheap Apartments for Rent in New London, MN from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


Oak Ridge Manor Senior 62+ Apartments

Mainstreeter Apartments

Westfield Apartments

Oak Place Apartments
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.

Nyberg Apartments 55+

330 4th St SW

808 N 8th St

Clara City Community Haus

Lake Place II
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.

Erickson Meadowview Apartments

1205 S Sibley Ave

Bethel On Bryant

Grove Heights Townhomes

Spicer B Apartments
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.
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 | $977 | $735 | $1,125 |
| New London 1 Bedroom Apartments | $1,108 | $718 | $1,605 |
| New London 2 Bedroom Apartments | $1,355 | $838 | $2,450 |
| New London 3 Bedroom Apartments | $1,563 | $1,015 | $1,895 |
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 1 Bed unit found at Oak Ridge Manor Senior 62+ Apartments priced from $718. Westfield Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here is today’s list of the most affordable New London apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $718 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $795 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $830 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $880 |
Best Value Apartments for Rent in New London, MN and Nearby
As of January 13, 2026 the best value apartment in the New London area is the $1.10 price per square foot 2BR/1 Bath Model at Valleyside Townhomes in the starting from $1,055. The second greatest value New London apartment is the C Model at Savanna Apartments starting at $1,085 with a $1.17 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. |
|---|---|---|---|
| Valleyside Townhomes | 2BR/1 Bath | 2BR,1BA | $1.10 |
| Savanna Apartments | C | 2BR,1BA | $1.17 |
| Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
| Country Club Manor | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.19 |
| Bethel On Bryant | Renville - 2/1 | 2BR,1BA | $0.92 |
| Parkview Apartments | 2B/1B | 2BR,1BA | $1.16 |
| Pioneer Pointe | 2 Bed-1 | 2BR,1BA | $1.19 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.19 |
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 ArticleThe 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.
Read ArticleCash 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.
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
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 Edgeview Apartments listed at $895.
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
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!