
Cheap Homes for Rent in New London, MN from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in New London.


751 5th St

17 21st Ave S

516 15th St N
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.

255 6th Ave NE

114 Lake Ave S

212 W James St

444 29th Ave N
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.

44 1st St N
New London, MN Local Guide

How much does it cost to rent a home in New London?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New London 2 Bedroom Homes for Rent | $1,273 | $820 | $1,695 |
New London 3 Bedroom Homes for Rent | $1,786 | $1,000 | $2,500 |
New London 4 Bedroom Homes for Rent | $2,990 | $1,475 | $9,000 |
New London 5 Bedroom Homes for Rent | $4,850 | $4,850 | $4,850 |
Browse Top Homes for Rent in New London
Explore New London
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 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Boulder Ridge Apartment Homes | Willow | 3BR,1BA | $1.37 |
Birch Spring Apartment Homes | 2 Bedroom 2 Bath | 2BR,2BA | $1.36 |
The Oaks on 20th | 2 Bedroom/1 Bath Apartment | 2BR,1BA | $1.30 |
Community Park Apartment Homes | Two Bed Two Bath with Balcony/Patio | 2BR,2BA | $1.35 |
Suncrest Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
Savanna Apartments | A | 1BR,1BA | $1.26 |
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!
Explore New London, MN Rentals by Map
See the most popular apartments and homes in New London, MN
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.

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.

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.

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.