
Cheap Apartments for Rent in Niantic, CT from $1,100 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Niantic.


Morton House

Crocker House

8 Bank St

Victoria Gardens

Washington Street Apartments

Pequot Village

Highland Apartments
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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Villages at Shore Landing

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120 Broad St

The Docks

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Nutmeg Woods

Faire Harbour Landings

Courtview Square Apartments

60 Mansfield Road

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ReNew Washington Park
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Eagle Pointe

Vessel - Bank Street

Avery Heights Senior Living

Harbor View

Central @ Waterford Woods

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Groton Towers

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Gull Harbor Apartments

Riverbank Luxury Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

61 Bank St

70 Farmington Ave

Garfield Avenue Apartments

Brookside Commons

82 Longview St

34 Terrace Dr

12 Sharaf St

2 Reed Ave
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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

How much does it cost to rent an apartment in Niantic?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Niantic Studio Apartments | $1,666 | $1,150 | $2,309 |
| Niantic 1 Bedroom Apartments | $1,877 | $1,100 | $2,890 |
| Niantic 2 Bedroom Apartments | $2,372 | $1,350 | $3,775 |
| Niantic 3 Bedroom Apartments | $3,272 | $2,245 | $3,815 |
Browse Top Apartments in Niantic
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Niantic, CT Local Guide
- Niantic Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Neighborhoods for Apartments in Niantic, CT
Pricing Updated: 01/22/2026Current 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 | $3,065 | $1,380 | 40 |
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. 8 Bank St 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 |
| 8 Bank St | Studio | Studio,1BA | $1,150 |
| 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 | $1,350 |
| The Docks | Open 1 BR 1.06 | Studio,1BA | $1,405 |
| Nutmeg Woods | The Aspen | 1BR,1BA | $1,411 |
| Courtview Square Apartments | A1 | 1BR,1BA | $1,475 |
| 60 Mansfield Road | Style 2 | Studio,1BA | $1,485 |
Best Value Apartments for Rent in Niantic, CT and Nearby
As of January 23, 2026 the best value apartment in the Niantic area is the $2.20 price per square foot Cape Townhouse Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,345. The second greatest value Niantic apartment is the Sailfish 2 Model at The Edgewater starting at $2,730 with a $1.92 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 | Cape Townhouse | 2BR,2BA | $2.20 |
| The Edgewater | Sailfish 2 | 2BR,2BA | $1.92 |
| The Sound at Gateway Commons | The Madison | 3BR,2BA | $2.25 |
| Groton Towers | Boston | 2BR,1BA | $1.98 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $1.78 |
| Washington Street Apartments | 1 BR/ 1 BA | 1BR,1BA | $1.63 |
| 8 Bank St | Studio | Studio ,1BA | $1.53 |
| Riverbank Luxury Apartments | 1 Bed | 1BR,1BA | $2.30 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
| Pequot Village | One Bedroom | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 $1,485.
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 $3,065.
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 $379 which is $2,686 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

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.

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.