
Cheap Apartments for Rent in Niantic, CT from $1,100 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Niantic.


Bay Point Apartments

Crocker House

Victoria Gardens

Washington Street Apartments

Pequot Village

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Pride Point and Progress Point

Monte Cristo Building
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.

Courtview Square Apartments

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Faire Harbour Landings

Eagle Pointe

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ReNew Washington Park

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GoodHomes Groton

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Nutmeg Woods

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Gull Harbor Apartments

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The Docks
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.

Total Monthly Price
Bayonet Street Apartments

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The Manwaring

Harbor View

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60 Mansfield Road

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The Sound at Gateway Commons

Central @ Waterford Woods

Groton Townhomes

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60 Mansfield Road Phase II
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.

Triton Square Apartments

The Ledges Apartment Homes

Sutton Place

8 Bank St

92 Truman St

Garfield Avenue Apartments

Villages at Shore Landing

120 Broad 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.

53 Sea Spray Rd

11 Woodland Dr

111 A Niles Hill Rd

Avery Heights Senior Living

Riverbank Luxury Apartments

61 Bank St

Groton Towers

48 Swan Ave
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.

113 Niles Hill Rd

10 Hilltop 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 | $1,964 | $1,350 | $2,444 |
| Niantic 1 Bedroom Apartments | $2,106 | $1,100 | $3,109 |
| Niantic 2 Bedroom Apartments | $2,476 | $1,200 | $3,922 |
| Niantic 3 Bedroom Apartments | $3,170 | $1,400 | $4,073 |
Browse Top Apartments in Niantic
See all Apartments in NianticExplore Niantic
Niantic, CT Local Guide
- Niantic Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Niantic, CT
Pricing Updated: 09/07/2026Current apartment rentals in the Niantic, CT area range in price from $1,512 to $4,928 with an overall median price of $2,645. 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 | $2,645 | $1,512 | 35 |
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. Pequot Village in the New London neighborhood 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crocker House | Studio | 2BR,2BA | $1,100 |
| 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 |
| Monte Cristo Building | Studio | Studio,1BA | $1,350 |
| 120 Broad St | Studio | Studio,1BA | $1,400 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
| Villages at Shore Landing | Overlook | 1BR,1BA | $1,505 |
| Nutmeg Woods | The Aspen | 1BR,1BA | $1,667 |
| Eagle Pointe | TWO BEDROOM | 2BR,1BA | $1,700 |
Best Value Apartments for Rent in Niantic, CT and Nearby
As of September 07, 2026 the best value apartment in the Niantic area is the $1.95 price per square foot Anchor Townhome Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,815. The second greatest value Niantic apartment is the Sailfish Model at The Edgewater starting at $2,835 with a $2.00 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. |
|---|---|---|---|
| The Cove at Gateway Commons | Anchor Townhome | 3BR,2.5BA | $1.95 |
| The Edgewater | Sailfish | 2BR,1.5BA | $2.00 |
| Country Glen Apartments | 3 Bedroom 2 Bathroom | 3BR,2BA | $2.04 |
| Brookside Commons | 2 bedroom - 80% | 2BR,1.5BA | $1.73 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Bayonet Street Apartments | Bayo II - Two Bed Two Bath | 2BR,2BA | $1.69 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $2.00 |
| 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 | $2.07 |
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 ArticleNavigating 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.
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 $1,700.
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 $2,645.
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 1 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 $231 which is $2,414 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.

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.