Cheap Homes for Rent in New London, MN from $400 (9 Rentals)

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

property at 815 5th Ave S

815 5th Ave S

St. CloudMN56301

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 212 W James St

212 W James St

PaynesvilleMN56362

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 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 ListingModel NameBed/BathPriced From
Sterling Manor ApartmentsStudioStudio,1BA$691
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$718
1505 Becker Ave SE1 bed 1 bath1BR,1BA$825

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

As of September 08, 2025 the best value apartment in the New London area is the $1.37 price per square foot Willow Model at Boulder Ridge Apartment Homes in the starting from $1,488. The second greatest value New London apartment is the 2 Bedroom 2 Bath Model at Birch Spring Apartment Homes starting at $1,395 with a $1.36 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.
Boulder Ridge Apartment HomesWillow3BR,1BA$1.37
Birch Spring Apartment Homes2 Bedroom 2 Bath2BR,2BA$1.36
The Oaks on 20th2 Bedroom/1 Bath Apartment2BR,1BA$1.30
Community Park Apartment HomesTwo Bed Two Bath with Balcony/Patio2BR,2BA$1.35
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96
Savanna ApartmentsA1BR,1BA$1.26
1505 Becker Ave SE2 bed 1 bath2BR,1BA$1.32
1517 Becker Ave SE2 bed 1 bath2BR,1BA$1.32

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

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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 $691 to $2,395. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $400 to $9,000.

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 $400 to $9,000 with an average monthly rent of $2,259.

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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.