Cheap Apartments for Rent in New London, MN from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.

Sterling Manor Apartments

Oak Place Apartments

Oak Ridge Manor Senior 62+ Apartments

Mainstreeter Apartments
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.

Westfield Apartments

Nyberg Apartments 55+
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.

703 W Main 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.
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 | $957 | $691 | $1,125 |
New London 1 Bedroom Apartments | $1,132 | $718 | $1,555 |
New London 2 Bedroom Apartments | $1,336 | $705 | $2,420 |
New London 3 Bedroom Apartments | $1,439 | $999 | $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 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 |
1505 Becker Ave SE | 1 bed 1 bath | 1BR,1BA | $825 |
Suncrest Apartments | 1 bedroom | 1BR,1BA | $830 |
Somerset Properties | Two Bedroom A - Somerset | 2BR,1BA | $870 |
Best Value Apartments for Rent in New London, MN and Nearby
As of October 12, 2025 the best value apartment in the New London area is the $1.18 price per square foot 2 Bedroom 2 Bath Model at Mainstreeter Apartments in the starting from $1,365. The second greatest value New London apartment is the 2 Bedroom/1 Bath Apartment Model at The Oaks on 20th starting at $1,165 with a $1.22 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. |
---|---|---|---|
Mainstreeter Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.18 |
The Oaks on 20th | 2 Bedroom/1 Bath Apartment | 2BR,1BA | $1.22 |
Nyberg Apartments 55+ | 2 Bed | 2BR,1BA | $1.00 |
Suncrest Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
Country Club Manor | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.31 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $1.39 |
1505 Becker Ave SE | 2 bed 1 bath | 2BR,1BA | $1.32 |
1517 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
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 $838 at Oak Ridge Manor Senior 62+ Apartments.
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 $999.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.