
Cheap Homes for Rent in New London, NC from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in New London.


259 Jefferson Ct NE

600 Montgomery Ave
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.

1351 N 6th St

618 Elizabeth Ave

131 Haithcock St
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, 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 | $1,335 | $900 | $1,700 |
| New London 3 Bedroom Homes for Rent | $1,691 | $1,200 | $2,250 |
| New London 4 Bedroom Homes for Rent | $2,170 | $1,800 | $2,600 |
| New London 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in New London
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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 Summit Coporate Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $820. 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 | Studio- Alexander Station | Studio,1BA | $820 |
| Waters Edge Apartment Homes (NC) | Studio - Waters Edge - 336 sqft | Studio,1BA | $850 |
Best Value Apartments for Rent in New London, NC and Nearby
As of December 31, 2025 the best value apartment in the New London area is the $1.17 price per square foot 3BR/2.0BA Model at American Ave NE in the in the Haddington Estates neighborhood starting from $1,350. The second greatest value New London apartment is the 2x2 Deluxe-Call For Availability Model at Crown Point Luxury Apartments at Kingsport starting at $1,525 with a $1.34 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| American Ave NE | 3BR/2.0BA | 3BR,2BA | $1.17 |
| Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.34 |
| Northway at Woodcrest | Renovated | 3BR,1BA | $1.35 |
| Courtyard on Main | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.26 |
| Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.26 |
| Forest Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.27 |
| White Oak Apartments of Kannapolis, Inc. | 2BR/1.5BA | 2BR,1.5BA | $1.35 |
| 306 N Jackson Street | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Allison Heights | 2BR/1.0BA | 2BR,1BA | $1.15 |
| Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $1.14 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleNew London, NC
Ranked #291
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New London, NC Rentals by Map
See the most popular apartments and homes in New London, NC
Frequently Asked Questions about New London
What type of rentals are currently available in New London?
There are currently 45 Apartments for Rent in New London, NC with pricing that ranges from $850 to $2,365. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $575 to $3,500.
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 $3,500 with an average monthly rent of $1,823.
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 $1,295 to $1,979, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,656.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!