Cheap Apartments for Rent in New London, NC from $700 (17 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 1 Bed unit found at Wiley School Apartments in the Davidson neighborhood priced from $750. 121 Heath Street in the Forest Hills Stanly neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $945. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wiley School Apartments1 BR 1BA1BR,1BA$750
121 Heath Street2BR/1.0BA2BR,1BA$945
Allison Heights2BR/1.0BA2BR,1BA$995
Concord FlatsStudio Standard - Call For AvailabilityStudio,1BA$1,025
Waters Edge Apartment Homes (NC)One Bedroom - Waters Edge - 512 sqft1BR,1BA$1,090

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

As of July 25, 2025 the best value apartment in the New London area is the $1.29 price per square foot 2Bd 2Bth Renovated Model at The Retreat at Concord Apartments in the in the Oak Crest neighborhood starting from $1,449. The second greatest value New London apartment is the 2BR/1.5BA Model at Inspired Way starting at $1,295 with a $1.17 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.
The Retreat at Concord Apartments2Bd 2Bth Renovated2BR,2BA$1.29
Inspired Way2BR/1.5BA2BR,1.5BA$1.17
Courtyard on Main2 Bedroom 1.5 Bathroom2BR,1.5BA$1.26
The Retreat at Kannapolis2Bd 1.5Bth TH Reno2BR,1.5BA$1.30
Chesney Woods Apartments2BR/1.5BA2BR,1.5BA$1.33
American Ave NE2BR/2.0BA2BR,2BA$1.22
306 N Jackson Street2BR/1.0BA2BR,1BA$1.33
Allison Heights2BR/1.0BA2BR,1BA$1.15
121 Heath Street2BR/1.0BA2BR,1BA$1.26
Wiley School Apartments1 BR 1BA1BR,1BA$1.14

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
New London, NC

Ranked #149

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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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Getting Around New London, NC

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

19 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Concord Flats listed at $1,025.

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

The lowest price for a Cheap One Bedroom New London Apartment is $750 at Wiley School 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 $945 at 121 Heath Street.

What is the most affordable New London Three Bedroom Apartment?

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

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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.