
Cheap Apartments for Rent in Putnam, CT from $995 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Putnam.


46 Smith St

31 battey st., Unit 2

267 Providence st, Unit 1

23 Sunnyside Ave

256 Providence St

30 Main St

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560 On Main

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Kingswood Apartments
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.

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Colonial Townhouse Apartments

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Julia Bancroft - 62+ Senior Apartments

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Artspace Windham

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Norwegian Wood

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41 Prospect St

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Renwood Apartments

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Orchard Acres Apartments 0.1 mile from Campus

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Clubhouse

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Ivy Garden Apartments
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.

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Hayward Landing

Greystone Lofts

Shorewood Apartments

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Ashford Hills

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Storrs

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175 James St

50 Central St

Country Manor Apartments

Millrace District Apartments
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.

276 Broad St

Country Manor Apartments

Mar-Lea Park Apartments

502 Stearns St

Woods Edge

Willington Village Apartments

Birch Hill Apartments

12 Charlton St

Brookfield Apartments
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.

109 High Street

126 Wales Rd

428 Main St

Woodlawn Apartments

Moosup Gardens Townhomes

149 Border St

Scituate Commons

Upton Inn

21 Gallup St
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.

1187-1187 Putnam Pike

Perry Hill Apartments

19 Main St

12 Church St
Putnam, CT Local Guide

How much does it cost to rent an apartment in Putnam?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Putnam Studio Apartments | $1,673 | $1,050 | $2,105 |
| Putnam 1 Bedroom Apartments | $2,092 | $1,115 | $3,059 |
| Putnam 2 Bedroom Apartments | $2,313 | $1,253 | $4,189 |
| Putnam 3 Bedroom Apartments | $2,463 | $1,300 | $10,000+ |
Browse Top Apartments in Putnam
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Putnam, CT Local Guide
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Cheapest Available Putnam Apartments for Rent and Nearby
 The cheapest available apartment rental in Putnam, CT is a 2 Beds unit found at Residences on Main in the Northwest New London Colchester neighborhood priced from $995. Kingswood Apartments in the Mansfield Tolland Willington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,115. Here is today’s list of the most affordable Putnam apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences on Main | 2 Bedroom | 2BR, 1BA | $995 |
| Kingswood Apartments | 1 bedroom | 1BR, 1BA | $1,115 |
| Julia Bancroft - 62+ Senior Apartments | Studio | Studio, 1BA | $1,265 |
| Mar-Lea Park Apartments | 1 Beds, 1 Baths | 1BR, 1BA | $1,350 |
| The Standard at Four Corners | Cedar II - Balcony - 3x3 | 3BR, 3BA | $1,354 |
| Woods Edge | 2 Beds, 1 Baths | 2BR, 1BA | $1,450 |
| 41 Prospect St | 2 Bed - A | 2BR, 1BA | $1,482 |
| Birch Hill Apartments | 2 Beds, 1 Baths | 2BR, 1BA | $1,500 |
| Renwood Apartments | 1 BD/1 BA | 1BR, 1BA | $1,550 |
| Orchard Acres Apartments 0.1 mile from Campus | 1 Bedroom Bottom Floor | 1BR, 1BA | $1,550 |
Best Value Apartments for Rent in Putnam, CT and Nearby
As of September 22, 2026 the best value apartment in the Putnam area is the $1.97 price per square foot 2 Bedroom with Study Model at Cobblestone Village Apartments in the Quinsigamond Village neighborhood starting from $2,750. The second greatest value Putnam apartment is the Lily Model at Moosup Gardens Townhomes in the Central Village neighborhood starting at $1,686 with a $1.59 price per square foot. Here is today’s list of the best values for Putnam apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cobblestone Village Apartments | 2 Bedroom with Study | 2BR, 2BA | $1.97 |
| Moosup Gardens Townhomes | Lily | 2BR, 1BA | $1.59 |
| Meadowbrook Gardens | 2X2AB | 2BR, 2BA | $1.51 |
| 310 Thompson Road LLC | 2BR/1.0BA | 2BR, 1BA | $2.03 |
| Norwegian Wood | 2 Bed Deluxe Loft | 2BR, 1BA | $1.89 |
| The Standard at Four Corners | Buckeye - 2x2 | 2BR, 2BA | $1.67 |
| Ivy Garden Apartments | Two Bedroom | 2BR, 1BA | $1.81 |
| Ashford Hills | Ashford 2B1B | 2BR, 1BA | $1.93 |
| Ridgeview Heights Apartments | 1 Beds, 1 Baths | 1BR, 1BA | $2.00 |
| Kingswood Apartments | 1 bedroom | 1BR, 1BA | $1.39 |
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.
Best Local Schools in Putnam, CT
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Putnam, CT Rentals by Map
See the most popular apartments and homes in Putnam, CT
Frequently Asked Questions about Cheap Putnam Apartments
What is the Cheapest Studio apartment in Putnam?
Currently the most affordable Cheap Studio Apartment in Putnam is at Julia Bancroft - 62+ Senior Apartments listed at $1,265.
How much is rent for a Cheap One Bedroom Putnam Apartment?
The lowest price for a Cheap One Bedroom Putnam Apartment is $1,115 at Kingswood Apartments.
What is the lowest price for a Cheap Two Bedroom Putnam Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Putnam is starting from $995 at Residences on Main.
What is the most affordable Putnam Three Bedroom Apartment?
The best deal on a cheap Putnam Three Bedroom Apartment rental is at The Standard at Four Corners and starts from $1,354.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.