Cheap Apartments for Rent in Niantic, CT from $1,100 (32 Rentals)

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

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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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ReNew Washington Park
Rent Specials
$1,239 - $2,709
Total Monthly Price

Total Monthly Price

Base Rent
$1,239 - $2,709

Total Monthly Price
$1,239 - $2,709
Studio to 1 Bedroom Apartments Available Now

ReNew Washington Park

278 Meridian StGroton, CT 06340
Affordability
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  • Utilities Included
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120 Broad St
Rent Specials
$1,400 - $2,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400 - $2,850

Total Monthly Price
$1,400 - $2,850
Studio to 2 Bedroom Apartments Contact Us For Availability

120 Broad St

120 Broad StNew London, CT 06320
Affordability
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8 Bank St
Studio Apartments

8 Bank St

8 Bank StNew London, CT 06320
property at 70 Farmington Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Condo for Rent

Available Now

70 Farmington Ave

New LondonCT06320
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Garfield Avenue Apartments
1 Bedroom Apartments

Garfield Avenue Apartments

145 Garfield AveNew London, CT 06320
Corporate Housing
  • Utilities Included
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Brookside Commons
1 to 2 Bedroom Apartments

Brookside Commons

908 Hartford TpkeWaterford, CT 06385
Senior Living
  • Utilities Included
property at 34 Terrace Dr

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Home for Rent

Available Now

34 Terrace Dr

WaterfordCT06385
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12 Sharaf St
Studio to 2 Bedroom Apartments

12 Sharaf St

12 Sharaf StNew London, CT 06320
  • Utilities Included

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.

Niantic, CT Local Guide

Cheapest Neighborhoods for Apartments in Niantic, CT

Pricing Updated: 03/09/2026

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$3,247$1,20031

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. Highland Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Niantic apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crocker HouseStudio2BR,2BA$1,100
Highland ApartmentsStudioStudio,1BA$1,175
Pequot VillageOne Bedroom1BR,1BA$1,200
Pride Point and Progress PointTwo Bedroom2BR,1BA$1,200
Morton HouseEfficiency1BR,1BA$1,200
ReNew Washington ParkFairfaxStudio,1BA$1,239
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1,300
120 Broad StStudioStudio,1BA$1,400
Nutmeg WoodsThe Aspen1BR,1BA$1,401
Villages at Shore LandingCoveStudio,1BA$1,410

Best Value Apartments for Rent in Niantic, CT and Nearby

As of March 09, 2026 the best value apartment in the Niantic area is the $2.19 price per square foot Driftwood Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,165. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove at Gateway CommonsDriftwood Townhouse2BR,2BA$2.19
The Sound at Gateway CommonsThe Madison3BR,2BA$2.25
The EdgewaterSailfish 22BR,2BA$2.07
Country Glen Apartments3 Bedroom3BR,2BA$1.83
Central @ Waterford WoodsGreat Neck - Loft Unit 2BR/2BA - Buildings G, H...2BR,2BA$2.24
Pride Point and Progress PointTwo Bedroom2BR,1.5BA$1.13
Washington Street Apartments1 BR/ 1 BA1BR,1BA$1.63
Riverbank Luxury Apartments1 Bed1BR,1BA$2.30
Avery Heights Senior Living1 Bed, 1 bath1BR,1BA$2.30
Pequot VillageOne Bedroom1BR,1BA$1.74

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.

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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.

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Remember the 3 Rules of Real Estate:
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 $1,410.

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 $3,247.

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 2 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 $725 which is $2,522 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

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.