Cheap Apartments for Rent in Niantic, CT from $900 (23 Rentals)

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

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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Groton Towers
$1,557 - $1,914
Total Monthly Price

Total Monthly Price

Base Rent
$1,547 - $1,904
Required Monthly Fees
$10

Total Monthly Price
$1,557 - $1,914
Studio to 2 Bedroom Apartments Available Now

Groton Towers

25-39 Broad St ExtGroton, CT 06340
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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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 Docks
$1,595 - $3,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $3,000
Required Monthly Fees
$215

Total Monthly Price
$1,595 - $3,215
Studio to 2 Bedroom Apartments Available Now

The Docks

500 Bank StNew London, CT 06320
Family Friendly
  • Verified
  • Matterport 3D Tour
  • Smoke Free
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Nutmeg Woods
$1,596 - $1,859
Total Monthly Price

Total Monthly Price

Base Rent
$1,586 - $1,849
Required Monthly Fees
$10

Total Monthly Price
$1,596 - $1,859
Studio to 3 Bedroom Apartments Available Now

Nutmeg Woods

84 Hawthorne Dr NNew London, CT 06320
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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8 Bank St
Studio Apartments

8 Bank St

8 Bank StNew London, CT 06320
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Brookside Commons
1 to 2 Bedroom Apartments

Brookside Commons

908 Hartford TpkeWaterford, CT 06385
  • Utilities Included
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120 Broad St
Studio to 3 Bedroom Apartments

120 Broad St

120 Broad StNew London, CT 06320

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12 Sharaf St
Studio to 2 Bedroom Apartments

12 Sharaf St

12 Sharaf StNew London, CT 06320
  • Utilities Included

Niantic, CT Local Guide

Cheapest Neighborhoods for Apartments in Niantic, CT

Pricing Updated: 09/08/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Southwest New London Lyme$3,050$1,20029

Cheapest Available Niantic Apartments for Rent and Nearby

 

The cheapest available apartment rental in Niantic, CT is a 1 Bed unit found at Crocker House priced from $1,100. Pequot Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Niantic apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio1BR,1BA$1,100
Pequot VillageOne Bedroom1BR,1BA$1,200
Morton HouseEfficiency1BR,1BA$1,200
Villages at Shore LandingCoveStudio,1BA$1,257
Gull Harbor Apartments1 BEDROOM1BR,1BA$1,525

Best Value Apartments for Rent in Niantic, CT and Nearby

As of September 08, 2025 the best value apartment in the Niantic area is the $2.18 price per square foot Cape Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,325. The second greatest value Niantic apartment is the Sailfish Model at The Edgewater starting at $2,695 with a $1.91 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove at Gateway CommonsCape Townhouse2BR,2BA$2.18
The EdgewaterSailfish2BR,1.5BA$1.91
Central @ Waterford WoodsGreat Neck - Loft Unit 2BR/2BA - Buildings J, K...2BR,2BA$2.24
The Sound at Gateway CommonsThe Waterford2BR,2BA$2.26
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.78
60 Mansfield Road Phase II1 Bedroom - 9A1BR,1BA$2.50
Groton TownhomesRenovated Townhouse - 1 Bedroom1BR,1BA$2.43
Riverbank Luxury Apartments1 Bed1BR,1BA$2.27
Avery Heights Senior Living1 Bed, 1 bath1BR,1BA$2.30
Pequot VillageOne Bedroom1BR,1BA$1.74

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Location, Location, Location!

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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 $1,600.

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 $3,050.

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 8 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 $550 which is $2,500 cheaper than the average rent for all rentals in Niantic.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.