2550 Monta Dr
ConcordNC28025
Cheap Homes for Rent in New London, NC from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in New London.
612 Staley St
TroyNC27371
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
5042 Oak Grove Church Rd
AsheboroNC27205
307 Leonard Ave
AlbemarleNC28001
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.
708 Union St S
ConcordNC28025
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New London, NC Local Guide
North Carolina BBQ by Fen Labalme is licensed under CC BY 2.0
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 | $1,407 | $950 | $2,200 |
| New London 3 Bedroom Homes for Rent | $1,571 | $850 | $2,495 |
| New London 4 Bedroom Homes for Rent | $2,115 | $1,830 | $2,400 |
| New London 5 Bedroom Homes for Rent | $3,043 | $2,285 | $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 306 N Jackson Street in the Davidson neighborhood priced from $900. Alexander Station Apartment Homes in the Summit Coporate Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable New London apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 306 N Jackson Street | 1BR/1.0BA | 1BR,1BA | $900 |
| Alexander Station Apartment Homes | Studio- Alexander Station | Studio,1BA | $925 |
| Waters Edge Apartment Homes (NC) | Studio - Waters Edge - 336 sqft | Studio,1BA | $950 |
Best Value Apartments for Rent in New London, NC and Nearby
As of April 25, 2026 the best value apartment in the New London area is the $1.23 price per square foot Reduced rates equal 2 months free for a 12 mont... Model at The Bridges Of Cabarrus in the in the Oak Crest neighborhood starting from $1,413. The second greatest value New London apartment is the 3BR/2.0BA Model at American Ave NE starting at $1,350 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bridges Of Cabarrus | Reduced rates equal 2 months free for a 12 mont... | 2BR,2BA | $1.23 |
| 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 |
| Washington Building | 2 Bedroom | 2BR,1BA | $1.20 |
| Meadow Creek Townhomes | 2 Bedroom 1.5 Bath Garden Style Apartment Home | 2BR,1.5BA | $1.38 |
| Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.31 |
| Chesney Woods Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.29 |
| Forest Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.27 |
| 306 N Jackson Street | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Allison Heights | 2BR/1.0BA | 2BR,1BA | $1.27 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
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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 43 Apartments for Rent in New London, NC with pricing that ranges from $895 to $3,655. There are also 34 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 $1,834.
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 $1,330 to $3,655, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,830 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.