Search the lowest-cost Apartments available for rent right now in Niantic.
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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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Niantic Studio Apartments | $1,712 | $1,350 | $2,579 |
| Niantic 1 Bedroom Apartments | $1,930 | $1,100 | $3,169 |
| Niantic 2 Bedroom Apartments | $2,308 | $1,200 | $3,790 |
| Niantic 3 Bedroom Apartments | $2,815 | $1,400 | $3,924 |
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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Southwest New London Lyme | $3,425 | $1,491 | 22 |
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 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1,300 |
| Highland Apartments | One Bedroom | Studio,1BA | $1,350 |
| Villages at Shore Landing | Cove | Studio,1BA | $1,396 |
| 120 Broad St | Studio | Studio,1BA | $1,400 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
| Rocky Neck Village | 3 bed - 50% | 3BR,2BA | $1,491 |
| GoodHomes Groton | S3 | Studio,1BA | $1,568 |
As of June 08, 2026 the best value apartment in the Niantic area is the $1.88 price per square foot 3 bedroom - MKT Model at Rocky Neck Village in the in the South Lyme neighborhood starting from $2,650. The second greatest value Niantic apartment is the Sailfish 2 Model at The Edgewater starting at $2,730 with a $2.07 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. |
|---|---|---|---|
| Rocky Neck Village | 3 bedroom - MKT | 3BR,2BA | $1.88 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $2.07 |
| The Cove at Gateway Commons | Atlantic Townhouse | 1BR,1BA | $2.20 |
| Pride Point and Progress Point | Two Bedroom | 2BR,1.5BA | $1.13 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $1.78 |
| Brookside Commons | 1 bedroom - Market | 1BR,1BA | $1.75 |
| 12 Sharaf St | 2 Beds / 1 Bath | 2BR,1BA | $2.33 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
| Courtview Square Apartments | A1 | 1BR,1BA | $2.34 |
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 ArticleFrom 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 ArticleThe 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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A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Niantic is under $1,568.
The cheapest apartment in Niantic is Crocker House which is listed at $1,100, while the average apartment in Niantic costs $3,425.
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.
Cheap apartments in Niantic have an average cost of $322 which is $3,103 cheaper than the average rent for all rentals in Niantic.
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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