
Cheap Apartments for Rent in New London, CT from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in New London.


40 Franklin St

Highland Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Victoria Gardens
New London, CT Local Guide

How much does it cost to rent an apartment in New London?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap New London Studio Apartments | $1,585 | $1,045 | $2,325 |
Cheap New London 1 Bedroom Apartments | $1,912 | $905 | $2,900 |
Cheap New London 2 Bedroom Apartments | $2,179 | $1,100 | $3,600 |
Cheap New London 3 Bedroom Apartments | $1,968 | $1,750 | $2,300 |
Browse Top Apartments in New London
See all Apartments in New LondonExplore New London
New London, CT Local Guide

- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New London Apartments for Rent
 The cheapest available apartment rental in New London, CT is a 1 Bed unit found at Crocker House priced from $1,100. Londonberry Gardens Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,128. Here is today’s list of the most affordable New London apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Crocker House | Studio | 1BR,1BA | $1,100 |
Londonberry Gardens Apartments | 2 Bedroom | 2BR,1BA | $1,128 |
8 Bank St | Studio | Studio,1BA | $1,150 |
Villages at Shore Landing | Cove | Studio,1BA | $1,315 |
The Docks | Open 1 BR 1.06 | Studio,1BA | $1,380 |
Best Value Apartments for Rent in New London, CT
As of April 25, 2025 the best value apartment in the New London area is the $1.86 price per square foot Two Bed Large Model at Bayonet Street Apartments in the starting from $1,950. The second greatest value New London apartment is the Boston Model at Groton Towers starting at $2,049 with a $2.01 price per square foot . Here is today’s list of the best values for New London apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bayonet Street Apartments | Two Bed Large | 2BR,2BA | $1.86 |
Groton Towers | Boston | 2BR,1BA | $2.01 |
Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $1.90 |
60 Mansfield Road Phase II | 1 Bedroom - 9A | 1BR,1BA | $2.36 |
Eagle Pointe | TWO BEDROOM | 2BR,1BA | $2.09 |
Groton Estates | 2 Bedroom 1 Bath | 2BR,1BA | $2.10 |
Faire Harbour Landings | Two Bedroom Townhome | 2BR,2BA | $2.39 |
8 Bank St | Studio | Studio ,1BA | $1.53 |
Londonberry Gardens Apartments | 2 Bedroom | 2BR,1BA | $1.52 |
Peppertree Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.21 |
Quick 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.
New London Overview
If history, culture, and beautiful waterways inspire you, then you'll find everything you're looking for in New London. As one of the first cities in the U.S., the area is rich with culture and community. New London apartments offer a home close to shopping, museums, coffee shops, and plenty of nightlife to keep you entertained. Not only that, but you have four distinct seasons with colorful falls and enchanting winters. It's an excellent place to live, especially for young professionals.
Why live in New London, CT?
New London's historic waterfront district, downtown, offers landmarks that date back to the early 19th century. There are delicious dining, nightlife, coffee shops, and plenty of shopping. Plus, you can go anywhere easily, even without a car, because the metro transit system, Amtrack, and the Ferry system are conveniently connected. New London offers gorgeous bike trails and paths to walk for plenty of outdoor exercise, too.
Best Local Schools in New London, CT
Winthrop STEM Elementary Magnet School
Bennie Dover Jackson Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New London, CT Rentals by Map
See the most popular apartments and homes in New London, CT
Getting Around New London, CT
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap New London Apartments
What is the Cheapest Studio apartment in New London?
Currently the most affordable Cheap Studio Apartment in New London is at 8 Bank St listed at $1,150.
How much is rent for a Cheap One Bedroom New London Apartment?
The lowest price for a Cheap One Bedroom New London Apartment is $1,100 at Crocker House.
What is the lowest price for a Cheap Two Bedroom New London Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New London is starting from $1,128 at Londonberry Gardens Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.