Cheap Apartments for Rent near New London, TX from $415 (54 Rentals)

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Search the lowest-cost Apartments available for rent right now in New London.

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The Evergreens
$752 - $2,036

Total Monthly Price

Base Rent$752 - $2,036
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Evergreens

4123 Southpark DrTyler, TX 75703
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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.

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The Rose on Sybil
Rent Specials
$802 - $2,770

Total Monthly Price

Base Rent$802 - $2,770
Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

The Rose on Sybil

1909 Sybil LnTyler, TX 75703
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The Ridge
$864 - $1,115

Total Monthly Price

Base Rent$864 - $1,115
Total Monthly Price$864 - $1,115
1 to 2 Bedroom Apartments Available Now

The Ridge

4800 Paluxy DrTyler, TX 75703
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  • Utilities Included

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.

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Varsity View
Rent Specials
$1,030 - $1,375

Total Monthly Price

Base Rent$1,030 - $1,375
Total Monthly Price$1,030 - $1,375
1 to 2 Bedroom Apartments Available Now

Varsity View

3400 Varsity DrTyler, TX 75701
Family Friendly
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  • Utilities Included

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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Point North
1 to 3 Bedroom Apartments

Point North

900 W Fordall StHenderson, TX 75652

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.

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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.

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New London, TX Local Guide

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. Highland Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable New London apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mill Creek1 Bed/1 Bath1BR, 1BA$415
Highland Village1 Bed/1 Bath1BR, 1BA$699
Lamond GroveA11BR, 1BA$725
The EvergreensThe Maple1BR, 1BA$752
Abbington Park Senior LivingOne Bedroom Small1BR, 1BA$767
Evergreen EstatesThe Aspen - Beautiful One Bedroom Apartment Hom...1BR, 1BA$795
The Rose on SybilA21BR, 1BA$802
Pine GroveB12BR, 1BA$815
Scenic Pines ApartmentsA1U1BR, 1BA$825
River Oaks ApartmentsOak1BR, 1BA$829

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

As of September 18, 2026 the best value apartment in the New London area is the $1.07 price per square foot TRU Blast Model at Fannin Meadows starting from $1,444. The second greatest value New London apartment is the B1 Model at Pine Grove starting at $815 with a $0.96 price per square foot. 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.
Fannin MeadowsTRU Blast3BR, 2BA$1.07
Pine GroveB12BR, 1BA$0.96
Eastgate Apartments2 BR Duplex - RENOVATED2BR, 1BA$1.15
Mill Creek1 Bed/1 Bath1BR, 1BA$0.54
Highland Village1 Bed/1 Bath1BR, 1BA$0.93
The Ashton ApartmentsRedbud1BR, 1BA$1.25
The Rose on SybilA11BR, 1BA$1.09
Abbington Park Senior LivingOne Bedroom Small1BR, 1BA$1.04
Scenic Pines ApartmentsA1U1BR, 1BA$1.18
Lamond GroveA11BR, 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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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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 $849.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.