Cheap Apartments for Rent near New London, NC from $822 (28 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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American Ave NE
2 to 3 Bedroom Apartments

American Ave NE

71-93 American Ave NEConcord, NC 28025
  • Utilities Included
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Concord Chase
1 to 4 Bedroom Apartments

Concord Chase

100 Concord Chase CirConcord, NC 28025
  • Utilities Included

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.

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New London, NC Local Guide

Cheapest Available New London Apartments for Rent and Nearby

 

The cheapest available apartment rental in New London, NC is a Studio unit found at Crestview Huntington in the Oak Crest neighborhood priced from $822. Waters Edge Apartment Homes (NC) in the Oak Crest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $920. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crestview HuntingtonCypressStudio,1BA$822
Waters Edge Apartment Homes (NC)Studio - Waters Edge - 336 sqftStudio,1BA$920
530 Park Ave1-Bedroom1BR,1BA$950
Allison Heights2BR/1.0BA2BR,1BA$995
Concord FlatsStudio Standard - Call For AvailabilityStudio,1BA$999
Kannan Station Apartment HomesStudioStudio,1BA$1,005
Courtyard on Main1 Bedroom 1 Bathroom1BR,1BA$1,095
Residences at the Albemarle Hotel1 Bedroom1BR,1BA$1,125
306 N Jackson Street2BR/1.0BA2BR,1BA$1,160
NOVI at ConcordFlats - S1Studio,1BA$1,209

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

As of August 23, 2026 the best value apartment in the New London area is the $1.34 price per square foot 2x2 Deluxe-Call For Availability Model at Crown Point Luxury Apartments at Kingsport in the in the Oak Crest neighborhood starting from $1,525. The second greatest value New London apartment is the 2Bd 1.5Bth TH Reno Model at The Retreat at Kannapolis starting at $1,249 with a $1.25 price per square foot in the Oak Crest neighborhood. 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.
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.34
The Retreat at Kannapolis2Bd 1.5Bth TH Reno2BR,1.5BA$1.25
The Grand on JulianThe Tarheel - w/ Sunroom1BR,1BA$1.35
Meadow Creek2 Bedroom 1.5 Bath Garden2BR,1.5BA$1.38
Forest Village2 Bedroom 1 Bathroom2BR,1BA$1.29
The Bridges Of Cabarrus1 month free * advertised rent includes concess...1BR,1BA$1.40
306 N Jackson Street2BR/1.0BA2BR,1BA$1.29
Oakridge DuplexesOakridge Duplex (Garden style) 2br 1ba, White O...2BR,1BA$1.39
Allison Heights2BR/1.0BA2BR,1BA$1.15
530 Park Ave1-Bedroom1BR,1BA$1.34

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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, NC Rentals by Map

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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 Crestview Huntington listed at $822.

How much is rent for a Cheap One Bedroom New London Apartment?

The lowest price for a Cheap One Bedroom New London Apartment is $950 at 530 Park Ave.

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 $995 at Allison Heights.

What is the most affordable New London Three Bedroom Apartment?

The best deal on a cheap New London Three Bedroom Apartment rental is at Crestview Huntington and starts from $1,385.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.