
Cheap Homes for Rent near New Shoreham, RI from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in New Shoreham.


19 Castlerock Dr

271 Great Island Rd

91 Aspen Rd
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.

26 W Castle Way C

630 Green Hill Beach Rd

67 Twin Peninsula Ave

15 Deangelis Dr
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.

25 Champlin Ave
New Shoreham, RI Local Guide

How much does it cost to rent a home in New Shoreham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Shoreham 2 Bedroom Homes for Rent | $2,680 | $1,400 | $8,500 |
| New Shoreham 3 Bedroom Homes for Rent | $3,328 | $1,600 | $9,750 |
| New Shoreham 4 Bedroom Homes for Rent | $12,366 | $2,900 | $10,000+ |
| New Shoreham 5 Bedroom Homes for Rent | $44,618 | $3,475 | $10,000+ |
| New Shoreham 6 Bedroom Homes for Rent | $9,500 | $4,500 | $10,000+ |
Browse Top Homes for Rent in New Shoreham
Explore New Shoreham
New Shoreham, RI Local Guide
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Cheapest Available New Shoreham Apartments for Rent and Nearby
 The cheapest available apartment rental in New Shoreham, RI is a 1 Bed unit found at Pequot Village in the New London neighborhood priced from $1,200. GoodHomes Groton in the New London neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,487. Here is today’s list of the most affordable New Shoreham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pequot Village | One Bedroom | 1BR,1BA | $1,200 |
| GoodHomes Groton | S3 | Studio,1BA | $1,487 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $1,606 |
Best Value Apartments for Rent in New Shoreham, RI and Nearby
As of July 08, 2026 the best value apartment in the New Shoreham area is the $1.58 price per square foot 2 Bedroom Townhome Model at Toll Gate Estates in the in the New London neighborhood starting from $2,245. The second greatest value New Shoreham apartment is the 3 Bedroom Summer Model at The URI Townhouses starting at $860 with a $0.62 price per square foot in the Washington County neighborhood. Here is today’s list of the best values for New Shoreham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Toll Gate Estates | 2 Bedroom Townhome | 2BR,1.5BA | $1.58 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| Reynolds Farm | Two Bedroom | 2BR,2BA | $2.18 |
| Creek Side Landings | 3 Bedrooms, 1.5 Bathrooms - Bi-Level Style A | 3BR,1.5BA | $2.41 |
| La Triumphe Apartments | 2 Bedroom | 2BR,1.5BA | $1.76 |
| Long Meadow Landings | Future Resident Waitlist | 2BR,1BA | $1.61 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $2.00 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
| Harbor Village | The Intrepid | 1BR,1BA | $2.72 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about New Shoreham
What type of rentals are currently available in New Shoreham?
There are currently 39 Apartments for Rent in New Shoreham, RI with pricing that ranges from $1,200 to $4,414. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Shoreham ranging from $1,400 to $85,000.
What is the current price range for Rental Homes in New Shoreham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Shoreham ranges from $1,400 to $85,000 with an average monthly rent of $14,498.
How much are larger Three and Four Bedroom Rentals in New Shoreham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Shoreham range from $1,890 to $4,414, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $9,750. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,245.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.