Cheap Homes for Rent in New London, CT from $1,200 (7 Rentals)

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

property at 113 Pequot Ave

113 Pequot Ave

New LondonCT06320
property at 28 Reed St

28 Reed St

New LondonCT06320

New London, CT Local Guide

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 ListingModel NameBed/BathPriced From
Crocker HouseStudio1BR,1BA$1,100
Londonberry Gardens Apartments2 Bedroom2BR,1BA$1,128
8 Bank StStudioStudio,1BA$1,150

Best Value Apartments for Rent in New London, CT

As of March 23, 2025 the best value apartment in the New London area is the $1.27 price per square foot 897 Bank St Model at 897 Bank St, Unit 897 Bank St Unit#2 in the starting from $1,400. The second greatest value New London apartment is the REMODELED 2BD WD in unit Model at Sutton Place starting at $1,900 with a $1.90 price per square foot . Here is today’s list of the best values for New London apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
897 Bank St, Unit 897 Bank St Unit#2897 Bank St2BR,1BA$1.27
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.90
Bayonet Street ApartmentsTwo Bed Small2BR,2BA$1.97
Fieldside Apartments2BR 1 BR w/ Heat & Hot Wate2BR,1BA$1.68
Peppertree Apartments2 Bedroom 1 Bathroom2BR,1BA$1.92
Groton TowersMystic1BR,1BA$2.05
Groton Estates2 Bedroom 1 Bath2BR,1BA$2.07
Eagle PointeTWO BEDROOM2BR,1BA$2.04
8 Bank StStudioStudio ,1BA$1.53
Londonberry Gardens Apartments2 Bedroom2BR,1BA$1.52

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Frequently Asked Questions about New London

What type of rentals are currently available in New London?

There are currently 201 Apartments for Rent in New London, CT with pricing that ranges from $905 to $3,600. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in New London ranging from $1,200 to $40,000.

What is the current price range for Rental Homes in New London?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New London ranges from $1,200 to $40,000 with an average monthly rent of $5,005.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.