
Cheap Homes for Rent in New London, NC from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in New London.


136 E South St

2625 Monta Dr

56 Tribune Ave SW
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.

24671 Ridgecrest Rd

1219 Bailey St

4746 NC-73

1235 Summer 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.

1300 N Lentz Harness Shop Rd
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 | $1,198 | $900 | $1,450 |
| New London 3 Bedroom Homes for Rent | $1,624 | $900 | $2,300 |
| New London 4 Bedroom Homes for Rent | $2,059 | $1,920 | $2,199 |
| New London 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
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 Summit Coporate Center neighborhood has the second lowest priced unit, which is a Studio 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 | Studio- Alexander Station | Studio,1BA | $830 |
| Wilson Street | 1BR/1.0BA | 1BR,1BA | $895 |
Best Value Apartments for Rent in New London, NC and Nearby
As of November 15, 2025 the best value apartment in the New London area is the $1.20 price per square foot The Salisbury - w/ Sunroom Model at The Grand on Julian in the in the Davidson neighborhood starting from $1,625. The second greatest value New London apartment is the Winchester Model at Salisbury Village at Castlewood starting at $1,037 with a $0.87 price per square foot in the Summit Coporate Center 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 Salisbury - w/ Sunroom | 2BR,2BA | $1.20 |
| Salisbury Village at Castlewood | Winchester | 2BR,2BA | $0.87 |
| Forest Village | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.21 |
| Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.26 |
| Chesney Woods Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.33 |
| White Oak Apartments of Kannapolis, Inc. | 2BR/1.5BA | 2BR,1.5BA | $1.35 |
| 306 N Jackson Street | 2BR/1.0BA | 2BR,1BA | $1.33 |
| Wilson Street | 1BR/1.0BA | 1BR,1BA | $1.00 |
| Allison Heights | 2BR/1.0BA | 2BR,1BA | $1.22 |
| 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 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 #465
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!
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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 44 Apartments for Rent in New London, NC with pricing that ranges from $830 to $2,470. There are also 30 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 $1,805.
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 $1,178 to $2,169, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,920 and Four Bedroom Apartments start at $1,656.
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.