
Cheap Apartments for Rent near New London, TX from $400 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


Abbington Park Senior Living

Highland Village

Pine Grove

Lamond Grove

The Preserve

Evergreen Estates

Cypress Flats
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.

The Nest Apartments

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Granada Apartment Homes

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The Evergreens

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River Oaks Apartments

Eastgate Apartments

Stone Creek Apartments

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The Ridge

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The Rose on Sybil
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.

Scenic Pines Apartments

The Abby Apartments

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Chelsea Creek Apartment Homes

Artwood Apartment Homes

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The Ashton Apartments

Wildwood Apartment Homes

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The Adaire Apartment Homes

The Gardens of Gladewater
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Varsity View

Glen Hollow

The Hudson

Oxford Pointe Apartments

Rosewood Senior Villas

Willowbrook Apartments

Stone Street Apartments

212 Choice St
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.

305 Shawnee Trail

Point North

11488 TX-248 Spur

1809 Meadowgreen Dr

Arbor Creek Apartments

307 W Main St

1807 County Rd 27

1801 County Rd 27
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.

203 Memory Ln

Historic Mobberly Neighborhood Fourplex
New London, TX Local Guide

How much does it cost to rent an apartment in New London?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New London Studio Apartments | $844 | $799 | $1,286 |
| New London 1 Bedroom Apartments | $977 | $415 | $1,468 |
| New London 2 Bedroom Apartments | $1,183 | $493 | $1,977 |
| New London 3 Bedroom Apartments | $1,240 | $565 | $2,093 |
| New London 4 Bedroom Apartments | $1,356 | $1,200 | $1,500 |
Browse Top Apartments in New London
See all Apartments in New LondonExplore New London
New London, TX Local Guide
- Nearby Cities
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Cheapest Available New London Apartments for Rent and Nearby
 The cheapest available apartment rental in New London, TX is a 1 Bed unit found at Mill Creek priced from $415. Abbington Park Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $691. Here is today’s list of the most affordable New London apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mill Creek | 1 Bed/1 Bath | 1BR,1BA | $415 |
| Abbington Park Senior Living | One Bedroom Small | 1BR,1BA | $691 |
| Highland Village | 1 Bed/1 Bath | 1BR,1BA | $699 |
| Lamond Grove | A1 | 1BR,1BA | $725 |
| Evergreen Estates | The Aspen - Beautiful One Bedroom Apartment Hom... | 1BR,1BA | $795 |
| The Preserve | A1 | 1BR,1BA | $795 |
| Cypress Flats | Studio A | Studio,1BA | $799 |
| Pine Grove | B1 | 2BR,1BA | $815 |
| Eastgate Apartments | 2 BR Duplex | 2BR,1BA | $850 |
| The Ridge | A2 | 1BR,1BA | $864 |
Best Value Apartments for Rent in New London, TX and Nearby
As of August 03, 2026 the best value apartment in the New London area is the $0.98 price per square foot C1 Model at The Rose on Sybil in the starting from $1,353. The second greatest value New London apartment is the Real Deal Model at Fannin Meadows starting at $1,399 with a $1.04 price per square foot . 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 Rose on Sybil | C1 | 3BR,2BA | $0.98 |
| Fannin Meadows | Real Deal | 3BR,2BA | $1.04 |
| Stonebrook Apartments | B | 2BR,1BA | $1.23 |
| Highland Village | 2 Bed/2 Bath | 2BR,2BA | $0.93 |
| Pine Grove | B1 | 2BR,1BA | $0.96 |
| Eastgate Apartments | 2 BR Duplex - RENOVATED | 2BR,1BA | $1.15 |
| Mill Creek | 1 Bed/1 Bath | 1BR,1BA | $0.54 |
| Abbington Park Senior Living | One Bedroom Small | 1BR,1BA | $0.93 |
| The Preserve | A1 | 1BR,1BA | $1.16 |
| Lamond Grove | A1 | 1BR,1BA | $1.09 |
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 ArticleReal 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.
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.
Best Local Schools in New London, TX
West Rusk Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New London, TX Rentals by Map
See the most popular apartments and homes in New London, TX
Frequently Asked Questions about Cheap New London Apartments
What is the Cheapest Studio apartment in New London?
Currently the most affordable Cheap Studio Apartment in New London is at Cypress Flats listed at $799.
How much is rent for a Cheap One Bedroom New London Apartment?
The lowest price for a Cheap One Bedroom New London Apartment is $415 at Mill Creek.
What is the lowest price for a Cheap Two Bedroom New London Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New London is starting from $493 at Mill Creek.
What is the most affordable New London Three Bedroom Apartment?
The best deal on a cheap New London Three Bedroom Apartment rental is at Mill Creek and starts from $565.
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

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.

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.

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.

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.