Cheap Homes for Rent in Niantic, CT from $1,500 (12 Rentals)

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

property at 70 Farmington Ave

$1,250 - $1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom Rentals

Available Now

70 Farmington Ave

New LondonCT06320
property at 9 Peggy Ln

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 0.5 Bath Condo for Rent

Available Now

9 Peggy Ln

East LymeCT06357
property at 302 Boston Post Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

302 Boston Post Rd

WaterfordCT06385
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
property at 42 Sea Breeze Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

4 Bedroom, 2 Bath Home for Rent

Available Now

42 Sea Breeze Ave

East LymeCT06357
property at 113 Niles Hill Rd

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

113 Niles Hill Rd

New LondonCT06320

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.

property at 12 Clark Ln

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

12 Clark Ln

WaterfordCT06385
property at 281 Gardner Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Now

281 Gardner Ave

New LondonCT06320
property at 41R Boston Post Rd

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Condo for Rent

Available Mar 23

41R Boston Post Rd

WaterfordCT06385
property at 848 Bank St

$1,850 - $1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 To 3 Bedroom Rentals

Available Now

848 Bank St

New LondonCT06320
property at 57 Westridge Rd

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 2 Bath Condo for Rent

Available Now

57 Westridge Rd

New LondonCT06320
property at 157 W Main St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

157 W Main St

East LymeCT06357

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.

Niantic, CT Local Guide

Cheapest Neighborhoods for Apartments in Niantic, CT

Pricing Updated: 03/22/2026

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$3,515$1,20027

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

Best Value Apartments for Rent in Niantic, CT and Nearby

As of March 23, 2026 the best value apartment in the Niantic area is the $1.85 price per square foot Schooner Townhome Model at The Cove at Gateway Commons in the in the Southwest New London Lyme neighborhood starting from $3,415. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Cove at Gateway CommonsSchooner Townhome3BR,2.5BA$1.85
The EdgewaterSailfish 22BR,2BA$2.07
The Sound at Gateway CommonsThe Madison3BR,2BA$2.25
Country Glen Apartments3 Bedroom3BR,2BA$1.83
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

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Niantic

What type of rentals are currently available in Niantic?

There are currently 52 Apartments for Rent in Niantic, CT with pricing that ranges from $1,100 to $3,990. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Niantic ranging from $1,500 to $40,000.

What is the current price range for Rental Homes in Niantic?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Niantic ranges from $1,500 to $40,000 with an average monthly rent of $3,725.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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

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.