Cheap Homes for Rent in New London, MN from $400 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in New London.

property at 808 N 8th St

$450

Total Monthly Price

Total Monthly Price

Base Rent
$450

Total Monthly Price
$450

3 Bedroom, 2 Bath Home for Rent

Available Now

808 N 8th St

OliviaMN56277
property at 703 W Main St

$650 - $1,300

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 To 3 Bedroom Rentals

Available Now

703 W Main St

PaynesvilleMN56362
property at 311 5th St S

$848

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

311 5th St S

Grove CityMN56243
property at 512 Maple Ln

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Feb 1, 2026

512 Maple Ln

Grove CityMN56243
property at 551 Milky Way St S

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

551 Milky Way St S

CosmosMN56228

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.

property at 516 15th St N

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

516 15th St N

BensonMN56215
property at 524-512 12th St SW

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

524-512 12th St SW

WillmarMN56201
property at 200 Atlantic Ave

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

3 Bedroom, 1 Bath Townhome for Rent

Available Now

200 Atlantic Ave

KandiyohiMN56251
property at 114 Lake Ave S

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Condo for Rent

Available Now

114 Lake Ave S

SpicerMN56288
property at 255 6th Ave NE

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

255 6th Ave NE

HutchinsonMN55350

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

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 ListingModel NameBed/BathPriced From
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$718
Westfield Apartments1 bedroom1BR,1BA$765
Bethel On BryantRenville - 2/12BR,1BA$795

Best Value Apartments for Rent in New London, MN and Nearby

As of December 27, 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 2BR/1 Bath Model at Valleyside Townhomes starting at $955 with a $0.99 price per square foot . Here is today’s list of the best values for New London apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mainstreeter Apartments2 Bedroom 2 Bath2BR,2BA$1.18
Valleyside Townhomes2BR/1 Bath2BR,1BA$0.99
Savanna ApartmentsC2BR,1BA$1.17
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Nyberg Apartments 55+2 Bed2BR,1BA$1.00
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Country Club Manor2 Bedroom 2 Bathroom2BR,2BA$1.19
Bethel On BryantRenville - 2/12BR,1BA$0.92
Pioneer Pointe2 Bed-12BR,1BA$1.19
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96

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 Article
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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.

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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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New London, MN Rentals by Map

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Frequently Asked Questions about New London

What type of rentals are currently available in New London?

There are currently 57 Apartments for Rent in New London, MN with pricing that ranges from $718 to $3,020. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $450 to $3,800.

What is the current price range for Rental Homes in New London?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New London ranges from $450 to $3,800 with an average monthly rent of $1,517.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!