
Cheap Apartments for Rent in Niantic, CT from $1,100 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Niantic.


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Deerfield Village

Bay Point Apartments

Crocker House

Victoria Gardens

Washington Street Apartments

Pride Point and Progress Point

Pequot Village
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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Villages at Shore Landing

Highland Apartments

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120 Broad St

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Faire Harbour Landings

Courtview Square Apartments

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ReNew Washington Park

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GoodHomes Groton

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Nutmeg Woods
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.

Avery Heights Senior Living

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Groton Towers

Central @ Waterford Woods

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Vessel - Bank Street

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The Docks

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Eagle Pointe

Harbor View

61 Bank St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Beam

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60 Mansfield Road

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ReNew Groton

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The Sound at Gateway Commons

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60 Mansfield Road Phase II

Groton Townhomes

79 Garfield Ave

8 Bank St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Garfield Avenue Apartments

50 Montauk Ave

Brookside Commons

23 Boston Post Rd

848 Bank St

159 Connecticut Ave

82 Longview St

34 Terrace Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

121 Shaw St

Riverbank Luxury Apartments

42 Sea Breeze Ave

Sutton Place
Niantic, CT Local Guide

How much does it cost to rent an apartment in Niantic?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Niantic Studio Apartments | $1,733 | $1,315 | $2,395 |
| Niantic 1 Bedroom Apartments | $2,013 | $1,100 | $3,105 |
| Niantic 2 Bedroom Apartments | $2,332 | $1,200 | $3,990 |
| Niantic 3 Bedroom Apartments | $2,726 | $1,400 | $3,815 |
Browse Top Apartments in Niantic
See all Apartments in NianticExplore Niantic
Niantic, CT Local Guide
- Niantic Neighborhoods
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Neighborhoods for Apartments in Niantic, CT
Pricing Updated: 04/23/2026Current apartment rentals in the Niantic, CT area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Niantic Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Southwest New London Lyme | $3,570 | $1,200 | 19 |
Cheapest Available Niantic Apartments for Rent and Nearby
 The cheapest available apartment rental in Niantic, CT is a 2 Beds unit found at Crocker House priced from $1,100. Pride Point and Progress Point has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Niantic apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crocker House | Studio | 2BR,2BA | $1,100 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Pequot Village | One Bedroom | 1BR,1BA | $1,200 |
| Morton House | Efficiency | 1BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,315 |
| Highland Apartments | One Bedroom | Studio,1BA | $1,350 |
| 120 Broad St | Studio | Studio,1BA | $1,400 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
| ReNew Washington Park | Fairfax | Studio,1BA | $1,509 |
Best Value Apartments for Rent in Niantic, CT and Nearby
As of April 23, 2026 the best value apartment in the Niantic area is the $2.18 price per square foot Eastpointe Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,115. The second greatest value Niantic apartment is the The Madison Model at The Sound at Gateway Commons starting at $2,965 with a $2.25 price per square foot in the Southwest New London Lyme neighborhood. Here is today’s list of the best values for Niantic apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Cove at Gateway Commons | Eastpointe Townhouse | 2BR,2BA | $2.18 |
| The Sound at Gateway Commons | The Madison | 3BR,2BA | $2.25 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $2.07 |
| Country Glen Apartments | 3 Bedroom | 3BR,2BA | $1.83 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| 12 Sharaf St | 2 Beds / 1 Bath | 2BR,1BA | $2.33 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
| Courtview Square Apartments | A1 | 1BR,1BA | $2.34 |
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 ArticleDon'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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Niantic, CT Rentals by Map
See the most popular apartments and homes in Niantic, CT
Frequently Asked Questions about Cheap Niantic Apartments
What is a cheap apartment in Niantic?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Niantic is under $1,509.
What is the price of a cheap apartment in Niantic?
The cheapest apartment in Niantic is Crocker House which is listed at $1,100, while the average apartment in Niantic costs $3,570.
What types of apartments are the cheapest in Niantic?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Niantic that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Niantic?
Cheap apartments in Niantic have an average cost of $721 which is $2,849 cheaper than the average rent for all rentals in Niantic.
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.