
Cheap Homes for Rent in New London, NC from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in New London.


6885 Frankfurt Dr
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.

453 Countrywood Pl SE

136 E South St

337 Astran Dr

1315 N 6th St

1022 Wood St

164 Astran Dr

193 Poe Dr
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.

109 Cleveland Ave
New London, NC 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 | $1,124 | $925 | $1,500 |
New London 3 Bedroom Homes for Rent | $1,688 | $1,100 | $2,269 |
New London 4 Bedroom Homes for Rent | $2,421 | $1,750 | $3,450 |
Browse Top Homes for Rent in New London
Explore New London
New London, NC Local Guide
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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. Alexander Station Apartment Homes in the Downtown Salisbury neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. Here is today’s list of the most affordable New London apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $750 |
Alexander Station Apartment Homes | One Bedroom--Alexander Station 450 sqft | 1BR,1BA | $830 |
121 Heath St | One Bed | 1BR,1BA | $845 |
Best Value Apartments for Rent in New London, NC and Nearby
As of May 31, 2025 the best value apartment in the New London area is the $1.28 price per square foot The Dogwood - w/ Patio Model at The Grand on Julian in the in the Davidson neighborhood starting from $1,515. The second greatest value New London apartment is the 3 Bedroom 2 Bathroom Model at Courtyard on Main starting at $1,550 with a $1.32 price per square foot in the Davidson neighborhood. 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. |
---|---|---|---|
The Grand on Julian | The Dogwood - w/ Patio | 2BR,2BA | $1.28 |
Courtyard on Main | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.32 |
Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.36 |
Forest Village | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.21 |
Allison Heights | Allison Heights | 2BR,1BA | $1.00 |
Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.26 |
Chesney Woods Apartment Homes | 2D | 2BR,1.5BA | $1.28 |
American Ave NE | 2BR/2.0BA | 2BR,2BA | $1.22 |
306 N Jackson St | 2 Bedroom | 2BR,2BA | $1.25 |
Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $1.14 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about New London
What type of rentals are currently available in New London?
There are currently 42 Apartments for Rent in New London, NC with pricing that ranges from $830 to $4,337. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $575 to $3,450.
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 $575 to $3,450 with an average monthly rent of $1,321.
How much are larger Three and Four Bedroom Rentals in New London?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New London range from $1,275 to $3,420, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,269. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,548.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.