Cheap Homes for Rent in New London, NC from $500 (10 Rentals)

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Search the lowest-cost Homes 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.

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.

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 Waters Edge Apartment Homes (NC) in the Oak Crest neighborhood priced from $905. Crestview Huntington in the Oak Crest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $928. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waters Edge Apartment Homes (NC)Studio - Waters Edge - 336 sqftStudio,1BA$905
Crestview HuntingtonCypressStudio,1BA$928
530 Park Ave1-Bedroom1BR,1BA$950

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

As of August 03, 2026 the best value apartment in the New London area is the $1.27 price per square foot Three Bedroom Townhome Model at Greens of Concord in the in the Oak Crest neighborhood starting from $1,665. The second greatest value New London apartment is the 3BR/2.0BA Model at American Ave NE starting at $1,150 with a $1.00 price per square foot in the Haddington Estates 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.
Greens of ConcordThree Bedroom Townhome3BR,2BA$1.27
American Ave NE3BR/2.0BA3BR,2BA$1.00
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.34
Meadow Creek2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.30
The Retreat at Kannapolis2Bd 1.5Bth TH Reno2BR,1.5BA$1.25
Forest Village2 Bedroom 1 Bathroom2BR,1BA$1.25
Davidson Apartment Homes2X2 (B2)2BR,2BA$1.15
306 N Jackson Street2BR/1.0BA2BR,1BA$1.33
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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Frequently Asked Questions about New London

What type of rentals are currently available in New London?

There are currently 46 Apartments for Rent in New London, NC with pricing that ranges from $905 to $2,365. There are also 37 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 $1,714.

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 $1,270 to $2,353, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,868.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.