
Cheap Apartments for Rent in New London, MN from $300 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


815 5th Ave S

Total Monthly Price
Suite Liv'N - Willmar

Oak Ridge Manor Senior 62+ Apartments

Westfield Apartments

Oak Place Apartments

134 21st Ave N

Nyberg Apartments 55+
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.

Suncrest Apartments

Somerset Properties

Total Monthly Price
Clover Hill Apartments

Westwood Village

Pioneer Pointe

Country Club Manor

Total Monthly Price
Parkview Apartments

Savanna 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.

Lakeland Apartments

Graceview Estates

Edgeview Apartments

Avon Estates

Boulder Ridge Apartment Homes

Total Monthly Price
Valleyside Townhomes

Total Monthly Price
Birch Spring Apartment Homes

Block 25 Lofts
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.

Total Monthly Price
The Preserve on 24th

Clara City Community Haus

330 4th St SW

Erickson Meadowview Apartments

Grove Heights Townhomes

Lake Place II

539 Pacific Ave SW

Lake Ripley 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.

704 1st St S

Spicer B Apartments

Bethel On Bryant

Cardinal Manor Apartments

Oak Street

Suite Liv'n on 15th NW

1505 Becker Ave SE

910 E 2nd St
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.

505 15th Ave SW

6445 132nd Ave NE

Meadowlark Apartments

812 6th St SE
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 | $1,026 | $745 | $1,175 |
| New London 1 Bedroom Apartments | $1,103 | $747 | $1,605 |
| New London 2 Bedroom Apartments | $1,297 | $825 | $1,785 |
| New London 3 Bedroom Apartments | $1,447 | $1,022 | $1,749 |
Browse Top Apartments in New London
See all Apartments in New LondonExplore New London
New London, MN Local Guide
- Nearby Cities
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- School Districts
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 Bethel On Bryant priced from $745. 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 |
|---|---|---|---|
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $745 |
| Suite Liv'N - Willmar | Studio 1 Bath | Studio,1BA | $745 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $747 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| 1505 Becker Ave SE | 1 bed 1 bath | 1BR,1BA | $825 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $830 |
| Somerset Properties | Two Bedroom A - By The Lake | 2BR,1BA | $870 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $920 |
| Pioneer Pointe | 2 Bed-1 | 2BR,1BA | $925 |
| Savanna Apartments | A | 1BR,1BA | $940 |
Best Value Apartments for Rent in New London, MN and Nearby
As of April 14, 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 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. |
|---|---|---|---|
| Valleyside Townhomes | 2BR/1 Bath | 2BR,1BA | $1.10 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Somerset Properties | Two Bedroom A - By The Lake | 2BR,1BA | $1.03 |
| Bethel On Bryant | Renville - 1/1 | 1BR,1BA | $0.96 |
| Pioneer Pointe | 2 Bed-1 | 2BR,1BA | $1.19 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $1.00 |
| Savanna Apartments | A | 1BR,1BA | $1.26 |
| 1505 Becker Ave SE | 1 bed 1 bath | 1BR,1BA | $1.18 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.19 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 Suite Liv'N - Willmar listed at $745.
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 $825 at Suite Liv'N - Willmar.
What is the most affordable New London Three Bedroom Apartment?
The best deal on a cheap New London Three Bedroom Apartment rental is at Somerset Properties and starts from $1,022.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.