
Cheap Apartments for Rent in Niantic, CT from $1,100 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Niantic.


Bay Point Apartments

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The Edgewater

Crocker House

Victoria Gardens

Monte Cristo Building

Pride Point and Progress Point

Washington Street Apartments

Pequot Village
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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Villages at Shore Landing

Highland Apartments

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ReNew Washington Park

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120 Broad St

Courtview Square Apartments

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Rocky Neck Village

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Faire Harbour Landings

Eagle Pointe

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Gull Harbor Apartments
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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Brookside Commons

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Nutmeg Woods

61 Bank St

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The Beam

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The Docks

Harbor View

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Bayonet Street Apartments

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The Manwaring

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Groton Towers
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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60 Mansfield Road

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The Sound at Gateway Commons

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Vessel - Bank Street

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GoodHomes Groton

Central @ Waterford Woods

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60 Mansfield Road Phase II

Groton Townhomes

Sutton Place

8 Bank 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.

Garfield Avenue Apartments

11 Woodland Dr

Avery Heights Senior Living

7 Griswold Ct

640 Williams St

Riverbank Luxury Apartments

42 Sea Breeze Ave

48 Swan Ave

848 Bank St
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.

41R Boston Post Rd

39 Brockett Rd
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 | $1,684 | $1,150 | $2,464 |
| Niantic 1 Bedroom Apartments | $1,979 | $1,100 | $3,109 |
| Niantic 2 Bedroom Apartments | $2,382 | $1,200 | $3,790 |
| Niantic 3 Bedroom Apartments | $3,016 | $1,400 | $3,815 |
Browse Top Apartments in Niantic
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Niantic, CT Local Guide
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Cheapest Neighborhoods for Apartments in Niantic, CT
Pricing Updated: 07/24/2026Current 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 | $3,515 | $1,200 | 24 |
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 in the New London neighborhood priced from $1,100. Monte Cristo Building in the New London neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. 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 |
| Monte Cristo Building | Studio | Studio,1BA | $1,150 |
| Pequot Village | One Bedroom | 1BR,1BA | $1,200 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1BA | $1,200 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Highland Apartments | One Bedroom | Studio,1BA | $1,350 |
| ReNew Washington Park | Fairfax | Studio,1BA | $1,394 |
| Villages at Shore Landing | Seaward | Studio,1BA | $1,405 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
| Rocky Neck Village | 3 bed - 50% | 3BR,2BA | $1,491 |
Best Value Apartments for Rent in Niantic, CT and Nearby
As of July 24, 2026 the best value apartment in the Niantic area is the $1.76 price per square foot Townhouse Model at 120 Broad St in the in the New London neighborhood starting from $2,650. The second greatest value Niantic apartment is the Sailfish Model at The Edgewater starting at $2,830 with a $1.99 price per square foot in the South 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. |
|---|---|---|---|
| 120 Broad St | Townhouse | 2BR,3BA | $1.76 |
| The Edgewater | Sailfish | 2BR,1.5BA | $1.99 |
| Rocky Neck Village | 3 bedroom - MKT | 3BR,2BA | $1.88 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Central @ Waterford Woods | Work Force Housing - 80% 2BD/2BA - Oak Grove | 2BR,2BA | $1.92 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $2.00 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
| Monte Cristo Building | Studio | Studio ,1BA | $1.76 |
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!
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 $1,491.
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 $3,515.
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 4 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 $295 which is $3,220 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

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.

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.